Foreign investors believe in VN’s economic prospect

Date: 31/10/2012

Investors who are seeing long-term potential in Viet Nam have a belief in measures the country’s government has taken to strengthen the economic recovery.

RoK investors keen on Van Don Airport project

Date: 31/10/2012

Investors from the Republic of Korea (RoK) have told leaders of the northern province of Quang Ninh of their interest in the Van Don International Airport project.

Southern hub prepares for FDI wave from Japan

Date: 31/10/2012

As territorial disputes and political tension threaten Japanese business interests in China, Vietnamese officials in the southern economic hub should work harder on administration reforms and infrastructure improvements in hopes of luring more Japanese

ABB wins $50 million orders to power new steel complex in Vietnam

Date: 31/10/2012

ABB, the leading power and automation technology group, has won orders worth around $50 million from Formosa Plastic Group of Taiwan for four gas-insulated switchgear substations to supply power to a new steel complex being built by its subsidiary, Hung Nghiep Formosa Hà Tĩnh Steel Corporation, in Vietnam.

Japan-based Nidec Corporation invests in Ben Tre Province

Date: 31/10/2012

Japan-based Nidec Corporation will start work on a new plant in Giao Long Industrial Park in Ben Tre Province on Tuesday after carrying out several projects in HCMC, according to the Ben Tre Industrial Parks Authority.

Panasonic launches model eco-factory in Vietnam

Date: 31/10/2012

Panasonic has opened its fifth "eco ideas" factory in the Asia Pacific region – this one in Vietnam.

Vietnam no longer an FDI magnet

Date: 31/10/2012

Vietnam has become a less attractive destination for foreign investors, experts say.

Coke hit by transfer pricing call

Date: 31/10/2012

Coca-Cola’s plant expansion plan has lost its fizz after central Danang City People’s Committee rejected the plan due to transfer pricing suspicions.

VIETNAM: $194m Luxfashion Forced to Halt Operations

Date: 31/10/2012

Luxfashion, one of Vietnam’s leading FDI (foreign direct investment) textile and garment manufacturers, has been forced to halt operations following its first shipment after being accused of violating a local tax regulation.

HCM City to build $152m rapid bus system

Date: 31/10/2012

The municipal administration plans to spend around US$152 million on a bus rapid transit (BRT) project that will run along the 25km Vo Van Kiet – Mai Chi Tho boulevard, connecting the eastern and western parts of HCM City.

Cat Ba Amatina takes shape

Date: 31/10/2012

Vinaconex ITC, a domestic real estate developer and Swiss-Attixs International Hotels S.A. of Switzerland, last week moved a big step towards providing high-end hospitality and international standard services for the $1 billion Cat Ba Amatina project on Cat Ba Island.

Solar panel plant will help energize Hue region

Date: 31/10/2012

The central province of Thua Thien-Hue has endorsed plans in principle for locally-invested WorldTech Transfer Investment to build a solar panel plant there.

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