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Foreign direct investment in the real estate sector has soared in Vietnam in the last three years, but economists are skeptical about the benefits they bring the country and warn about downsides like pollution.
The haphazard growth of seaports in Viet Nam has prompted a review that calls for local and overseas investors to play a bigger part in designing, building and running their ports.
The Vietnam National Shipping Lines (Vinalines) said it will officially launch the construction of the Van Phong international transhipment port in the south central province of Khanh Hoa on October 31.
Although most parts of the real estate market continue to shrink, the demands of both domestic and foreign businesses tend to increase on account of acceptable prices.
Small businesses have begun preparing for the Tet sale season and despite the economic downturn rental costs continue to escalate.
The Ministry of Planning and Investment has granted the investment license for an underground car park project in Ho Chi Minh City’s District 1, its investor said Monday (12 Oct 2009).
On October 13th Vietnamese Entrepreneurs’ Day is celebrated with the aim of promoting Made in Vietnam goods. Two business people shared their thoughts on Vietnamese goods and on the campaign itself.
The Ministry of Transport has approved a project to deepen and expand the Cho Gao Canal, the only waterway linking HCM City with the Cuu Long (Mekong) Delta region, to facilitate transport on it.
Denmark, the Netherlands and Sweden have pledged to fund around USD 13.2 million to help Vietnam strengthen the capacity of its inspectorate system from now through 2014.
Being seen as backyards of HCM City, two southern provinces of Dong Nai and Binh Duong have a series of large-scale housing projects, which are well-prepared for infrastructure investment. However, the investment maths is uneasy because the two provinces’ markets still present various shortcomings.
Phu My Hung Corporation is constructing a pedestrian bridge across the Thay Tieu Canal in HCMC’s District 7.
