Vietnam Investment News
Nine VND195T Transport Projects Still Waiting For Investors
The Ministry of Transport said that nine transport infrastructure projects totaling VND195 trillion (around US$11.4 billion) have not yet found investors. These projects include three large-scale highways namely Dau Giay-Lien Khuong, Nha Trang-Phan Thiet and Quang Ngai-Quy Nhon and four belt roads in Ho Chi Minh City and Hanoi.
Vietnam Capital City Pulls in US$512M FDI in First Half
Vietnam’s capital city of Hanoi is estimated to have attracted a total foreign direct investment (FDI) capital of US$512 million in the first six months of this year, according to the city’s Statistics Department.
Many Opportunities Wasted as ODA Undisbursed
Vietnam is able to spend 10 per cent of aggregate official development assistance (ODA) in four years and it has only six months to use the remaining 90 per cent. The World Bank has warned against sluggish pace of ODA-funded road safety project.
Southern Hub Attracts US$25.68B FDI in Two Decades
Ho Chi Minh City has licensed 3,141 foreign direct investment (FDI) projects totaling US$25.68 billion since 1988. Of the sum, 48.5 per cent was poured into the services sector and 36.3 per cent went into industry and the rest into agriculture-forestry-fisheries. Malaysia, Singapore, Hong Kong, South Korea, Taiwan, Japan, the
Vietnam Remains Attractive Investment Destination
Vietnam is still an attractive destination for investors despite the current world economic crisis, according to the Website “Research and Markets”, the world’s leading source for international market research and market data.
Vietnam's Song Da Corp Invests US$2B in 14 Projects in Laos
Song Da Corporation of Vietnam has invested over US$2 billion in 14 projects in Laos to date, the Construction newspaper published by the Ministry of Construction said. The majority of the corporation’s investments have been injected into hydropower projects.
Hoa Lac Hi-tech Park Lands over US$1B Investment
Hoa Lac Hi-tech Park in Hanoi has to date attracted 35 investment projects totaling more than US$1 billion. So far this year, the park licensed four projects worth US$361.45 million, including an US$85.6-million lab by the Vinashin Business Group, the US$16.29-million Vietnam Internet Center, FPT Group’s US$145.1-million university and VNPT
33 New Projects Licensed in Phu Quoc District
The Management Board for Phu Quoc Island Development Investment said 33 projects with a total registered capital of VND30.8 trillion were licensed to develop 1,800 hectares in Phu Quoc district, Kien Giang province. Of the sum, seven projects worth nearly VND10 trillion are invested by foreign investors. However, several investors
HoChiMinh City-Magnet to Attract Foreign Investors
Ho Chi Minh City People’s Committee on June 27 held a meeting to review achievements in foreign direct investment (FDI) attraction for 20 years to honour organisations and individuals with positive achievements in FDI attraction. The Law on Foreign taking effect in Vietnam in 1987 boosted FDI wave into Ho
Popular Vietnam Business News
Vietcombank H1 Pretax Profit of VND2,450B Meets 75 per cent of Year's Target
The Joint Stock Bank for Foreign Trade of Vietnam (VCB) made pretax profit of VND2,450 billion in the first half this year, fulfilling 75 per cent of its yearly target,
Bank For Agricultural Of Ho Chi Minh City
These are some of the leading stories in the official Vietnamese press on Tuesday. Reuters has not verified these stories. -- Partly private Dong A Bank said it made a
PetroVietnam Asked to Rebuild Financial Plan for Dung Quat Refinery
The US$3.1-billion refinery has to date produced gasoline A92, kerosene, diesel oil, and liquefied petroleum gas (LPG) for the market. The plant had sold a total of 5,630 tons of
Sheraton set for Nha Trang market entry
The Sheraton Nha Trang, located in the central coastal city of Khanh Hoa Province, will host its soft opening on March 19 to welcome both business and leisure travellers. The
Dana - Italy Steel JSC applies for listing shares on northern bourse
Hanoi Stock Exchange (HNX) announced to receive application profile for listing 15 million shares of Dana - Italy Steel Joint Stock Co on March 19, 2010. The company with chartered
Low-income Apartment Segment Attracts Investors
While the apartment block segment has not yet seen recovery; low-cost houses are attracting speculators attention, which has helped to form a sudden price hike in realty in the west
Vietnam garment exports set to rise as industry holds line on prices
Viet Nams garment industry has a worldwide reputation for making competitively priced and high quality garments, a survey conducted by the US-based non-profit group Kearny Alliance has found.
Vienam eeal estate developers race to build skyscrapers
Thirty-seven, sixty-eight, seventy, even 102 storeys - in Hanoi and Ho Chi Minh City, bigger and bigger buildings are reshaping the skyline. Most skyscraper projects have been developed by heavyweights
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