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Japanese automakers including Toyota Motor Corp and Nissan Motor Co. are cutting back production in China in the wake of anti-Japan protests that shuttered dealerships and darkened their sales outlook in the world’s biggest car market.
The year 2012 has seen a boost in economic cooperation, with many Merger & Acquisition (M&A) deals in the Asean region, and Vietnam in particular.
The launching of a third round of bond buying known as quantitative easing (QE3) by the US Federal Reserve to save the US’s economy raises the question whether Vietnam should have a similar stimulus.
Asia poised to become carbon trading hub as two more countries signal intention to develop official carbon markets.
All that remain of Vietnam’s plan to build a major deep-water port are 114 exposed pilings trailing into the South China Sea and a barge full of rusty machinery.
Germany will provide 272 million euros (US$350 million) in aid to Vietnam – the biggest of its kind so far – under an agreement in Oct 2012 between the two governments in Hanoi, the German Embassy said today in a news release.
Japan always attaches importance to the relations with Viet Nam and gives a priority to infrastructure development in the Southeast Asian country.
Germany will continue assisting the central province of Thua Thien-Hue in education, heritage preservation, bomb and mine clearance, resettlement, and coping with natural disasters in more appropriate forms.
A precast concrete plant using Australian technology has come online in Long Thoi Commune in HCMC’s outlying district of Nha Be.
Other investors could look to follow in Samsung’s foot steps, after the electronics giant received special incentives to expand its investments in Vietnam.
Binh Duong New City project, which is expected to be Ho Chi Minh City’s satellite city, is considered as one of the most important projects by the Vietnam government.
