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A VND10.2 trillion (USD 566.5 million) contract has been signed to build Nhat Tan suspension bridge and its northern approach. It is the biggest of three tender packages covering the project.
Favourable conditions to be created to attract investment, says deputy trade minister.
Dr. Le Duc Thuy, the Chairman of Vietnam’s Finance and Monetary Policy Oversight Committee, advocates continued but more narrowly focused demand stimulus for some time into 2010. Meanwhile, the Vietnam representative of the ADB, Ayumi Konishi, said that if the Government opts for a ‘second stimulus...
Now that demand from Western customers is depressed by the global economic crisis, Vietnamese businesses have been eyeing Cambodia, a neighbouring market to which they have paid little attention in the past.
The Canadian government wants to boost economic ties with Vietnam, promote negotiation on investment protection and promotion agreement, said a Canadian senior trade official.
Cassava is becoming an increasingly profitable export due to growing world demand, domestic traders have said.
The Vietnam Coffee and Cocoa Association’s newly created club of leading coffee exporters is expected to promote the development of the country’s coffee industry.
The Mekong Delta province of Dong Thap is calling upon domestic and foreign investors to get involved in its 55 projects which require a total capital of nearly 4 trillion VND (222 million USD).
Real estate valuation institutions are still playing a minimal role in the real estate market, which explains why investors cannot get the information they want when they are considering investment decisions.
Favourable conditions to be created to attract investment, says deputy trade minister
Deputy Director of the Viet Nam Institute of Economics Dr Bui Quang Tuan spoke to Thoi bao Ngan hang (Banking Times) newspaper about the necessity for healthy competition in the credit sector.
Feeling the stiffer competition in the finance market, many domestic banks are redoubling their efforts to expand their networks of branches, which they did intensively in 2007 but partially abandoned in 2008 due to the economic downturn.
