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Japanese petroleum giant Idemitsu Kosan will expand its footprint in Vietnam.
While Vietnam is targeting to attract more foreign investment, opaque definitions of a foreign-invested company are causing big barriers for foreign investors to enter this market.
Vietnam is looking for investment capital from different sources to fund new airport projects and expansions to bolster aviation industry growth, the general director of Airports Corporation of Vietnam (ACV) said.
The World Bank Board of Executive Directors approved funding for the Vietnam Distribution Efficiency Project to provide electricity users across the country with better quality and more reliable electricity services, and to reduce greenhouse gas emissions through efficiency improvements.
The southern province of Dong Nai has attracted more than $1 billion from foreign direct investment (FDI) despite the economic downturn, said Bo Ngoc Thu, director of the province’s planning and investment department.
Some South Korean renewable energy firms are exploring wind power potentials and investment regulations in Vietnam to introduce their wind power technologies into this potential market, according to Korea Electric Power Corporation (Kepco).
The HCM City People’s Committee has decided to allot VND31.4 billion (US$1.5 million) for the Transport Department to operate and maintain the Thu Thiem Tunnel this year.
Thai businesses should diversify into four emerging ASEAN countries to offset the impact of the slowdown in the West, says Kasikornbank (KBank).
Vietnamese exporters now have golden opportunities to boost exports via online trading floors, since foreign importers now tend to make deals directly with prestigious producers, without intermediaries.
Hanoi attracted 919 million USD in 231 foreign direct investment (FDI) projects in the first nine months of this year, the municipal Statistics Department has announced.
Naval force Command has started construction of urban zone phase 1 Cam Ranh base for Navy Service in Cam Ranh city, Khanh Hoa in September 2012.
Vietnam Railways Corporation (VNR) and The Japan International Cooperation Agency (Jica) recently had a meeting with some Southern provinces about the developing plans of Bac – Nam (the North – the South railways in September 2012 in HCM City.
