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Prime Minister Nguyen Tan Dung started construction of the Noi Bai-Lao Cai highway in Kim Long commune, Tam Duong district, northern midland Vinh Phuc province on April 25.
Enterprises with outdated technologies make up more than 50 percent of the total number of businesses in Ho Chi Minh City, an economic hub in the southern region, according to a recent survey by the Municipal Department of Science and Technology.
The Mekong Expo 2009, held in the southern city of Can Tho from April 25 to May 1, has concluded with many contracts signed.
The Ministry of Transport has announced a plan to upgrade and expand Vietnam’s international airports, with four located in the south, two in the north and four in the central region.
The global recession has taken a toll on foreign investment and tourism to Vietnam in the first four months of the year, the government said Tuesday.
HCM City has seen retail sales, industrial output, and service revenues grow in April, but exports and FDI slow down, city authorities reported at a meeting on April 23.
State President Nguyen Minh Triet approved central Quang Tri province’s plan to build the My Thuy deep-sea port and the Dong Nam sea-based economic zone to spur its economic development.
Japan’s Nippon Steel has decided to acquire a 15-percent stake in a cold-rolled steel mill in the southern province of Ba Ria-Vung Tau, previously being developed solely by the Vietnam affiliate of S.Korea steel giant POSCO.
The first complete concrete highway in Viet Nam has been planned for next year.
Viet Nam Railway has decided to invest VND 30 billion to upgrade the railway though Hai Van Pass.
Vietnam’s first factory to produce solar panels started up in Duc Hoa Industrial Park in the southern province of Long An on April 27.
The European Chamber of Commerce (EuroCham) stated that Vietnam is “a safe place for foreign investors” during talks between representatives of a number of European businesses and the Vietnamese Ministry of Trade and Industry in Hanoi on April 27.
