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Vung Tau City-based Kim To Co Ltd has introduced to public its three large-scaled real estate projects of Ocean View Manor complex, Binh Chau hot-spring villa complex and Ocean View Hoan Vu high-rise building.
Berjaya Land Bhd (BLand) today told Bursa Malaysia it has received the investment certificate from the licensing authority in Vietnam for its Nhon Trach New City Centre Project, which is to be managed by Berjaya Nhon Trach New City Centre (Berjaya NTNC Ltd).
The Washington-based World Bank (WB) has said, in its economic update for the East Asia and Pacific, that Vietnam’s economy navigated the global financial crisis relatively well.
The government is reintroducing the hybrid method for foreign contractor withholding tax payments from next month.
Representatives of 25 Finnish businesses will accompany Prime Minister Matti Vahanen during his visit to Vietnam from Nov. 15-17, according to the Vietnam Chamber of Commerce and Industry.
The Taiwan-invested Guang Lian Steel (Vietnam) Co., Ltd. will resume the long-stalled steel project in Dung Quat Economic Zone in the central province of Quang Ngai early next year, said the zone management authority.
The interest rates for the VND and USD at some banks have increased by between 0.2-0.4 percent per year against last week’s levels, according to the State Bank of Vietnam.
Work has begun on a USD100-million hotel and villa complex has been launched in the central city of Da Nang.
National Assembly members found it “strange” that the draft law on natural resources submitted to the parliament at its Tuesday (3 Nov) session reduces taxes on natural resource exploitation from current levels.
Japan has pledged to provide a hefty 65 billion yen, or USD704 million, in aid for Vietnam for the first half of fiscal 2009.
