Fresh FDI funds in city mainly sourced from old investors

Date: 10/10/2012

Foreign direct investment (FDI) into HCMC in the year to date is mainly additional capital of operational projects, while fresh funds have been in steep decline.

Vietnam, Brazil promote trade, investment co-operation

Date: 10/10/2012

The office of the Vietnam Chamber of Commerce and Industry in Ho Chi Minh City (VCCI-HCMC) in conjunction with the Brazil Embassy in Vietnam held a seminar in the city in October 2012 to boost the bilateral co-operation in trade and investment.

Son La hydropower plant ly to be inaugurated in Dec

Date: 10/10/2012

Electricity of Vietnam Group (EVN) has said that Son La hydropower plant is expected to inaugurate in December 2012.

Dinh Vu-Cat Hai EZ Development Plan ratified

Date: 10/10/2012

The PM has approved the Master Development Plan of Dinh Vu-Cat Hai Economic Zone on the area of 22,140 ha in Hai Phong City till 2025.

Kobe’s $1bn plan in the balance

Date: 10/10/2012

Japanese giant Kobe Steel’s dream of holding a stake in Vietnam’s largest iron ore mining project has been burst.

Hai Phong’s Cat Bi airport upgrade gets approval

Date: 10/10/2012

The Prime Minister has approved a plan to upgrade Cat Bi International Airport in the northern port city of Hai Phong to receive Boeing B747, Boeing B777 and Airbus A321 aircraft.

E-commerce remains a largely untapped opportunity in Vietnam

Date: 10/10/2012

PwC Vietnam’s deputy general director Stephen Gaskill, associate director Bjoern Maack and manager Le Nguyen Khoi write that Vietnam’s economy can benefit from taking the e-commerce road.

Vietnam a good investment venue: London Lord Mayor

Date: 10/10/2012

UK businesses see Vietnam as a good place to invest as this is a large market with a friendly environment, the Lord Mayor of London said during his visit to the country in Oct 2012.

New turbine in Bac Lieus wind-power project ready for generation

Date: 10/10/2012

The 10th turbine in southern Bac Lieu Province’s sea wind-power project was installed successfully two days ago, completing the first phase of the project.

Hepza has deployed the adjustment of minimum wage

Date: 09/10/2012

To implement the adjustment of minimum wage on 01/10/ 2011 under the Decree 70/2011/ND-CP of the Government, Hepza has made positive moves to ensure that businesses comply with this new regulations. Mr. Nguyen Tan Dinh, deputy manager of HEPZA said.

VinaCapital’s new partner unveiled

Date: 09/10/2012

VinaCapital has found a new partner to replace Genting Malaysia Berhad to roll the dice for its $4 billion casino resort project in Quang Nam province.

Maybank wants bigger role in Vietnam’s banking industry

Date: 09/10/2012

Malaysian-based Maybank has acquired a stake in Kim Eng Securities besides its holding of a 20% stake in Vietnam’s An Binh Bank in a move to deepen its presence in Vietnam’s financial market. Dato Sri Abdul Wahid Omar, chairman and CEO of Maybank, spoke in Kuala Lumpur on the banking group’s business...

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