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Northern Bac Ninh province has taken aim at pulling in 60 foreign direct investment projects worth $425 million and realising half of that total sum in 2011.
Many commercial banks say that all their efforts to reduce lending to non-manufacturing sectors are unlikely to meet the schedule set by the central bank.
Black & Veatch, one of the US’s leading engineering, consulting and construction companies, has won a contract to provide design services and project management for a $1.4 billion coal-fired power plant in Vietnam’s Soc Trang province.
A number of seaports in Ho Chi Minh City’s outskirts are underperforming, causing a huge waste of infrastructure and undermining the city’s competitive advantage.
A huge roading project is sourcing the prime ministerial approval to get off the ground.
Some 15 national target programs will be carried out in 2011, according to PM Nguyễn Tấn Dũng’s Decision No. 2331/QĐ-TTg dated on December 20, 2010.
The potential market in India , home to the world’s second largest population, was the major theme of a conference in the northern province of Thai Binh on May 25.
Disbursement of foreign direct investment reached US$4.52 billion during the first five months of this year, a modest yearly increase of 0.4 per cent, the Ministry of Planning and Investment said.
Deputy Minister of Transport Ngo Thinh Duc and Chief Representative of the Japan International Co-operation Agency (JICA) in Vietnam, Tsuno Motonori signed a memorandum of understanding in Hanoi on May 25 about a project to provide technical assistance for Vietnam to operate and maintain the expressway.
The BGT Slovensko group from Slovakia is due to invest in five projects, at an estimated cost of 378 million euros, in the northern mountainous province of Hoa Binh.
Scores of local banks are considering hiking foreign partner stake to raise charter capital.
Vietnam’s government has decided to develop an industrial park on the site where a now revoked US$9.8 billion steel complex was to be built.
