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The Philippines Business Association in Ho Chi Minh City in October 2012 held a trade and investment conference themed "Viet Nam - Investment Destination” in a bid to forge a closer linkage between Filipino and Vietnamese businesses.
The authorities of central Khanh Hoa Province will focus efforts on securing funds for its US$4 billion Van Phong International Transit Port project during the period of 2012-15.
The Government plans to allocate more than VND20 trillion (US$952 million) from the State Budget to support 16 projects that form part of National Target programmes in 2013.
Vietnam remains an agricultural country, however investment into that sector here remains modest and has even seen annual decreases, said Dr Do Kim Son, Head of the Institute of Policy and Strategy for Agriculture and Rural Development.
Businessman Manuel V. Pangilinan is on a three-day business mission to Vietnam to scout for investment opportunities, particularly on toll road and water services.
Da Nang licenses 5 FDI projects in 2 months Da Nang calls for high-tech investment Da Nang refuses Coca-Cola factory expansion
Vietnamese-German University (VGU), the first of four planned new model state universities in Vietnam, recently disbursed a $180 million loan funded by the World Bank.
Japanese carmaker Mazda has intended to develop an engine factory in Vietnam with total investment capital of around US$600 million, the Dau tu (Vietnam Investment Review) reported.
Ho Chi Minh City’s Department of Transport plans to kick off construction of four main roads at Thu Thiem new urban area in District 2, the city’s new financial center, in June 2013.
Donaco Singapore, a firm controlled by two grandsons of the founder of Asia casino empire Genting Berhad, and Australia’s Two Way Ltd are joining forces to take a seat in Vietnam’s gaming business.
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.
