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Senior expert in foreign direct investment (FDI) into Vietnam, former Deputy Chairman of the State Commission for Co-operation and Investment (now the Ministry of Planning and Investment) Professor Nguyen Mai takes a look at Vietnam’s FDI situation in the first quarter of this year and explains why...
Despite construction starting in late 2007, Saigon Sunbay, Vietnam’s largest seaside eco-town project to date in Ho Chi Minh City’s Can Gio district, has seen poor progress, resulting in suspicions and concerns from residents on the project site.
While international economists have pointed out that the special economic zone (SEZ) model has failed in many countries in the world, Vietnam still vows to develop SEZs to attract more investors.
The Association of Southeast Asian Nations (ASEAN) and the United States on Tuesday launched a regional business council in Ho Chi Minh City in a bid to promote the development of their small and medium enterprises (SMEs) and bolster trade across the region.
French aircraft manufacturer Airbus announced Wednesday the first package of airplane parts to be made in Vietnam by its newly selected part maker, Hanoi-based Nikkiso Vietnam.
A metro rail project in Hanoi has come under scrutiny after its Chinese contractor reported last year that construction would probably cost over 61 percent higher than initially estimated.
Scores of foreign invested enterprises in the textile and garment sector are looking to expand their presence in Vietnam.
Mergers and turnovers in top management are the two outstanding trends in the banking sector of Vietnam this year.
Fuel prices in Vietnam have surged to near-record levels as the Ministry of Finance allowed wholesalers to increase gasoline and oil prices for the second time in a little over a month on Tuesday.
The ATM system in Vietnam, mostly powered by Windows XP, is still operating safely and has so far faced no security risks after Microsoft retired the operating system early this month, the country’s central bank announced Tuesday.
Undaunted investors are pushing ahead with their casino projects, notwithstanding the chilly reception they’ve encountered, nor their awareness that casino doors, once open, will have to bar the largest segment of the population – native Vietnamese.
Samsung is the big foreign investor Vietnam wants to attract and the one which has expressed its willingness to make investments in many different business fields in Vietnam.
