HCM City trade surplus at $10m in Feb

Date: 28/02/2012

HCM City continued a trade surplus of $10 million in February, lifting the total trade surplus in Jan-February to $60 million, according to the information from the press conference between HCM City People’s Committee and departments on February 24.

Dung Quat EZ offers incentives to RoK businesses

Date: 28/02/2012

The Dung Quat Economic Zone Authority (DEZA) will help businesses from the Republic of Korea’s Ulsan city to explore opportunities and invest in all areas in the zone.

Japanese company selects Vietnam as key production base

Date: 28/02/2012

Japan’s Mitsui Engineering & Shipbuilding Company, Ltd. (MES) aims to make Vietnam a key production base for bridges and steel structures in order to expand its share in the Southeast Asian market.

Plan to build microchip factory ‘crucial for Vietnam

Date: 28/02/2012

A US$200-million electronic-chip production plant should be classified as a key national project, the HCM City People’s Committee has decided.

FDI disbursement reaches $1 bln in Jan-Feb

Date: 28/02/2012

The disbursement of foreign direct investment (FDI) in Vietnam reached around $1 billion in the first 2 months of this year, down over 9 percent year on year.

Business in brief 28 Feb 2012

Date: 28/02/2012

(Sourced from various news agencies)

U.S. communication firm enters Vietnam

Date: 28/02/2012

The U.S.-based public relations firm Edelman yesterday announced its penetration into the Vietnamese market by buying stake of local partner AVC Communications after 18 months of negotiations.

Long An to revoke licences from long-delayed projects

Date: 20/02/2012

The Department of Planning and Investment of southern Long An Province plans to ask the provincial People’s Committee to revoke the licences of long-delayed projects.

Big projects licensed in Binh Duong

Date: 20/02/2012

The government of the southern province of Binh Duong on Wednesday awarded investment certificates for eight local and foreign investors with total pledged capital of projects amounting to over US$316 million.

IT attractive to foreign investors

Date: 20/02/2012

Foreign information technology firms and investment funds are interested in venturing into Vietnamese IT and software development companies.

Perenco upstages giants

Date: 20/02/2012

Independent oil and gas company Perenco has snapped up the Vietnam-based assets of ConocoPhillips, beating heavy-duty competitors including PetroVietnam and TNK-BP to the punch.

Business in brief 9 Feb 2012

Date: 10/02/2012

(Sourced from various news agencies)

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