EADS eyes Vietnam markets, says Gallois

Date: 09/06/2009

Viet Nam is one of the few markets in which the European Aeronautic Defense and Space Company (EADS) must establish a presence, the EADS chief executive said Friday (05 June 2009).

SEAF BWGF invests in VSII

Date: 09/06/2009

SEAF Blue Waters Growth Fund (SEAF BWGF) managed by Small Enterprise Assistance Funds (SEAF) has announced investment in VietSoftware International (short name as VSII) under the Mezzanine financing method, an intermediary product between loan and holding capital, to support VSII to develop the workforce...

Capital construction investment tops NA agenda session

Date: 09/06/2009

Deputies to the current National Assembly on June 8 discussed amendments to some articles of a number of laws governing capital construction investment.

Paul Cham Co., Phi Group venture to make cement

Date: 08/06/2009

A joint venture between Paul Cham Co. Ltd. and US-based Phi Group will invest US$51 million in a cement plant in Cambodia’s Stung Treng Province, it was announced on Wednesday (03 June 2009).

Second wind power plant in the island of Con Dao

Date: 08/06/2009

Another wind power project in the island of Con Dao has just been applied by Sy Cat Property Investment and Trade Services Company, the Ba Ria-Vung Tau Investment and Planning Department said.

Construction of steel mill begins in Bac Kan

Date: 08/06/2009

Construction of a steel mill with an annual output of 250,000 tonnes began in Thanh Binh industrial zone in the northern mountainous province of Bac Kan o­n June 4.

Alstom concentres on power projects

Date: 08/06/2009

Francois Carpentier, General Director of Alstom Vietnam recently said that in 2009, Alstom plans to concentrate on carrying out two key power projects namely Nhon Trach 1 with a capacity of 460 MW and Sean 4 (360 MW).

Green residential project planned

Date: 08/06/2009

Work will start in July o­n an 8 billion USD township o­nly 13km from the heart of Hanoi across the Red River.

$10 mil to upgrade Phu My Power Plant No 3

Date: 08/06/2009

The BOT Phu My Electricity No3 Co., Ltd. will spend some USD 10 million to upgrade the Phu My Power Plant No3 in Phu My Industrial Park No1 in Ba Ria-Vung Tau.

Japan investors lead in capital disbursement

Date: 08/06/2009

Japan is taking the lead in capital disbursement though it is the third largest foreign investor in Vietnam, said Phan Huu Thang, head of the Foreign Investment Agency of the Ministry of Planning and Investment.

Business in brief

Date: 06/06/2009

The European Union’s new grant of €716 million (US$1 billion) in aid to Vietnam for the 2009 financial year makes the grouping the largest provider of aid to Vietnam. Of the grant, equivalent to some US$1 billion, France expects to give Vietnam 221 million euros ($314.7 million), the most funding by...

Vietnam aims for GDP growth rate of 7-8 pct in 2011-2015

Date: 06/06/2009

Prime Minister Nguyen Tan Dung has given instructions to build a plan for socio-economic development in the 2011-2015 period during which, Vietnam will strive to reach an annual GDP growth rate of 7-8 percent on average and reduce the number of poor households under the new standards by 2-3 percent/year.

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