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Red tape and inconsistent trade and immigration policies are hindering the development of the East-West Economic Corridor, a 1,450km highway linking 19 provinces in Viet Nam, Laos, Thailand and Myanmar, says the former director of the Institute of World Economics and Politics, Luu Ngoc Trinh.
Underdeveloped transport system could seriously impede Vietnam’s development plans.
The Government issued Decree No 64/2012/ND-CP on September 14, regulating issuance of construction licenses. The Ministry of Finance issued Circular No 133/2012/TT-BTC on August 13, governing fees for foreign traders to establish representative offices in Vietnam. The State Bank of Vietnam issued Circular...
TNK-BP Corporation of Russia and England are considering expanding gas business in Vietnam.
HCMC’s government has agreed to a local joint venture replacing Daewoo Binh Khanh Investment Co. in the Binh Khanh resettlement housing project in HCMC’s District 2 after the South Korean investor withdrew.
Vietnam’s Central Power Corp. seeks bids to supply hydro-mechanical and electro-mechanical equipment for the 7.2- MWA
Construction of Number One beverage factory began on the 26ha site in northern Ha Nam province, setting it to become the biggest non-alcohol beverage factory in Northern Viet Nam to date.
Investment costs of many huge transport infrastructure projects in Vietnam have increased by nearly two times versus initial estimates due largely to changes to the initial designs and increasing prices of materials.
A seminar was held in the central city of Danang in September 2012 to discuss measures to increase investment in developing new and renewable energy.
A VND867 billion project (US$41.3 million) to build flyovers, tunnels and fences along the railway running through 28 cities and provinces was launched on Wednesday in central Da Nang City.
The second metro route in Ho Chi Minh City from Ben Thanh market to An Suong crossroad will be operational by 2013.
