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Tag Archive for ‘Investment’

Bình Dương urges investment in hi-tech fields

The southern province of Bình Dương will focus on the attraction of investment in hi-tech industries that are less labour intensive and more environmentally friendly. The statement was made by Trần Thanh Liêm, chairman of Bình Dưong People’s Committee, at his meeting with James Ha, chairman of South Korea-based Sae-A Group, held in Bình Dương […]

Binh Duong calls for investment in less labour-intensive industries

The southern province of Binh Duong will focus on attracting investment in hi-tech, less labour-intensive and environmentally friendly industries in the time ahead. Chairman of the provincial People’s Committee Tran Thanh Liem made the remark while meeting with CEO of the Republic of Korea (RoK)’s Sae-A group James Ha on September 5. Liem noted his […]

Vietnam’s land use efficiency remains low

Land use efficiency in cities in Vietnam remains low due to delayed projects, unused houses and improper land use planning, according to experts. Chairman of Vietnam Construction Association Tran Ngoc Hung said that on average, every square kilometre of urban land in Vietnam was used by about 2,100 people, while in other Asian countries, the […]

Vietnam market to maintain upward trend in September 2017

It’s expected to be a strong September on the local stock market, as investors are maintaining confidence after positive economic data in August and a period of prolonged net buying by foreign traders. The VN-Index on the HCM Stock Exchange increased 2.2 per cent last week, with gains in four out of total five sessions. […]

Third phase of Vietnam Central budget’s investment plan deployed

Prime Minister Nguyen Xuan Phuc has signed a decision to allocate almost VND1.3 trillion of the investment plan of the Central budget in 2017 (the third phase), including the recovery of capital from advance funds, for ministries and sectors. The ministries and sectors include the Ministry of Agriculture and Rural Development; the Ministry of Natural […]

Hanoi enjoys steady growth in all key sectors

Hanoi’s economy has expanded since the beginning of this year with steady growth recorded in all key sectors of industry, trade, tourism and services and agriculture, reported the municipal People’s Committee. The city’s industrial production index grew 6.5 per cent in the first eight months of 2017, of which the mining industry rose 7.1 per […]

Savills: Opportunities in underground urban planning

The construction and development of underground urban areas is an indispensable trend in modern urban development, according to Savills Vietnam. In the case of Ho Chi Minh City, the consultancy firm emphasizes the potential for real estate segments to be formed in underground areas. Planning vision According to Savills’ Research Department, the world’s first-ever underground […]

Vietnam to see cut throat competition in petroleum market

Formerly a country that exported crude oil at low prices, Vietnam now produces petroleum products which can satisfy half of domestic demand. Vietnam’s oil refining industry is built based on two huge projects capitalized at multi-billion dollars – Dung Quat Oil Refinery and Nghi Son Petrochemical & Oil Refinery Complex. In 2009, the $3 billion […]

The three biggest risks in doing business in Vietnam

Injecting money in non-core business fields, experimenting in real estate projects, and having a bad financial foundation are the three most significant risks facing the business environment in Vietnam, according to Le Xuan Nghia, a respected economist, and six other businessmen who declined to be named. vietnam economy, business news, vn news, vietnamnet bridge, english […]

Vinatex seeks investment opportunities in Armenia

A delegation of the Vietnam National Textile and Garment Group made a fact-finding trip to Armenia in late August to seek partners to develop production projects as Vietnam is the first country to sign a free trade agreement with the Eurasian Economic Union that includes Armenia. Vinatex General Director Le Tien Truong said during their […]