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The HCMC authorities have entrusted BIDV as the investor of a land lot in Thu Thiem new urban area after failing to attract investors for the site over the past year, according to Thu Thiem New Urban Area Management Board, or Thu Thiem Authority.
Foreign investors are showing little interest in the telecom market of Vietnam as it is said to have been saturated.
Becamex Infrastructure Development JSC (Becamex IJC) will construct a commercial complex in the centre of Green centre City project in the future. This would be the first Shopping Mall in Binh Duong.
The legal framework for e-commerce needs to be strengthened to cope with the rapid development of the industry, experts have said.
At its regular monthly meeting, the Ministry of Industry and Trade announced that industrial manufacturing in August posted a growth of 3.8 percent over the same period last year.
Vietnam is really a potential healthcare service market with high population, increasingly high number of middle class earners and the overloaded state owned hospitals. However, the number of foreign invested projects in the healthcare sector remains modest.
According to Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin), Lai Chau Rare Earth Co (Vimico) has signed with Vinacomin a memorandum of understanding on cooperating with Dong Pao rare earth development Co, Japan to exploit and process rare earth in Lai Chau.
Malaysia has been an important economic partner of Ho Chi Minh City in recent years, said Hua Ngoc Thuan, Vice Chairman of the municipal People’s Committee, on September 7 at a meeting to mark Malaysia’s 55th National Day.
An agricultural trade fair and a forum to promote investment in agriculture and rural development in the Red River Delta in 2012 will take place from November 23-27 in Ninh Binh Province.
Vietnam’s merchandise export to Japan fetched US$6.5 billion in the year’s first half, rising a staggering 55.24% year-on-year, but there remains a huge room for expansion as Vietnam’s shipments accounted for a mere 1.3% of Japan’s imports, according to the Vietnam Trade Office in Japan.
Japan’s Fuji Xerox Co., Ltd has just received an investment licence for its new plant in the Vietnam Singapore Industrial Park in Hai Phong City.
The Vietnamese aviation market has become more competitive with the joining of the two private airlines which threaten to narrow the market share being held by the national flag air carrier Vietnam Airlines.
