VSIP Nghe An lays first brick of wastewater treatment plant

Date: 03/08/2016

Vietnam-Singapore Industrial Park (VSIP JV) held the ground-breaking ceremony for the first phase of its waste treatment plant in VSIP Nghe An yesterday.

Vietnam to have policy on competition by 2017

Date: 03/08/2016

Vietnam will build a policy on comprehensive competition by 2017, Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung said at a workshop in Hanoi on August 3.

BIDV opens Yangon branch

Date: 03/08/2016

The Bank for Investment and Development of Vietnam (BIDV) has inaugurated a branch with capital of US$85 million in the Myanmar city of Yangon.

Ho Chi Minh City to spend $134mn on business funding

Date: 03/08/2016

The Ho Chi Minh City administration has announced its plan to put aside more than US$100 million to support businesses and start-ups in the city pursuant to a recent government resolution.

Vietnams sugar firms deep in hardships

Date: 03/08/2016

The Ministry of Industry and Trade’s recent proposal on sugar import has put local sugar firms on the tenterhooks, and there is a demand for urgent support from the government to help firms get out of the woods.

Kolon Group goes into investment frenzy in Vietnam

Date: 03/08/2016

Kolon Group, a leading Korean manufacturer, aims to grow its presence on the Vietnamese market after being licensed for a $14.1 million airbag manufacturing facility in the southern province of Binh Duong earlier this year.

Vietnams FPT to invest in Myanmar financial switching system

Date: 02/08/2016

FPT Corporation has been selected by Myanmar Payment Union (MPU) as the prime investor to implement a national financial switching system, the company said Monday.

Leave or stay? Young Vietnamese tech entrepreneurs mull over decision

Date: 02/08/2016

Two young Vietnamese entrepreneurs have shared their thoughts on the prospect of technology startups in Vietnam with Tuoi Tre (Youth) newspaper and their peers’ decision to leave or stay in their homeland.

Wind power still unattractive to investors in Vietnam

Date: 02/08/2016

Wind-power projects, which require high investment capital, remain unpopular as EVN (the Electricity of Vietnam) pays a low rate for electrical power.

Vietnam has over 14 million hectares of forest: ministry

Date: 01/08/2016

Vietnam had more than 14 million hectares of forest as of December 21, 2015, including over 10.1 million hectares of natural forest and nearly 3.9 million hectares of planted forest.

Thừa Thiên-Huế aims to become fashion industry hub

Date: 01/08/2016

The central Thừa Thiên-Huế Province plans to spend more than VNĐ6.6 trillion (US$295 million) on transforming itself into a textile and garment hub in the country’s central region. This is the main objective of the province’s textile and garment planning for the 2016-2020 period.

Vietnam real estate giant opens five-star hotel in Myanmar

Date: 01/08/2016

Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar.

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