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VinaCapital has found a new partner to replace Genting Malaysia Berhad to roll the dice for its $4 billion casino resort project in Quang Nam province.
Malaysian-based Maybank has acquired a stake in Kim Eng Securities besides its holding of a 20% stake in Vietnam’s An Binh Bank in a move to deepen its presence in Vietnam’s financial market. Dato Sri Abdul Wahid Omar, chairman and CEO of Maybank, spoke in Kuala Lumpur on the banking group’s business...
Many Japanese manufacturers at the supporting industries exhibition in the city complained that they could not find local suppliers, which explains why the local supporting industries are still underdeveloped.
The existing expanded center of HCMC will undergo changes in terms of urban design and urban architecture as a planning scheme has been completed by Nikken Sekkei before a meeting of the HCMC People’s Council on urban planning.
The initial suggestions for the strategy on attracting FDI in the new period have been exposed to the public.
Most acquisitions and mergers (M&A) in Vietnam have involved companies in same sectors, but the number of vertical M&A deals is rising, says a report on M&A in Vietnam.
The board of the Export-Import Bank of the United States (Ex-Im Bank) said it had voted to authorise a US$118 million direct loan to the Vietnamese Government for the export of a Lockheed Martin Space Systems Company telecommunications satellite and additional goods and services.
In October 2012, Centara Hotels & Resorts will assume management of the Sandy Beach Non Nuoc Da Nang Vietnam.
From now to 2014, the authorities will perform site clearance and prepare technical infrastructure in west West Lake and Me Tri areas to build new headquarters of ministries and state agencies.
Three provinces in the central coastal region are expected to revoke a number of investment licenses for long-delayed tourism projects, according to local officials.
The Government has approved strong incentives for an expansion project of Samsung in Bac Ninh Province, whose investment capital is raised from US$670 million to US$1.5 billion.
