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Ba Ria-Vung Tau has more advantages in attracting private investment than other southern provinces thanks to its good infrastructure, speakers said at a conference on attracting public-private partnership (PPP) investments in Vung Tau City in Sept 2012.
Described as a potential field for investment, healthcare has yet to prove its appeal as private hospitals still account for a mere 12% of the total number of hospitals nationwide.
The modern shopping channel has achieved a growth of nearly 20 percent per year, which is higher than the traditional channel as urban shoppers have shifted from traditional markets to supermarkets and convenience stores.
Vietnam will soon face a serious power shortage if it fails to come up with increased power generation, an analyst has warned.
For an economy whose growth largely depends on investment capital like Vietnam, inflation pressures lurk. World Bank country director Victoria Kwakwa tells VIR’s Linh Dung economic inefficiencies must be resolved for a long-term sustained growth.
Vietnam’s Vinacomin is hoping to start trial production at the country’s first alumina refinery in September 2012, a company source said.
Vietnamese cement maker The Vissai is completing legal procedures to acquire a cement project in the central province of Nghe An from Do Luong Cement JSC with a registered investment of nearly VND1.739trn (US$83.2m).
Vietnam National Coal and Mineral Industries Group (Vinacomin) shared that according to Coal industry development plan by 2020 approved by the prime minister, 39 probing projects and 122 exploiting projects of Vinacomin will be authorized by 2020.
Binh Thuan and Lam Dong provinces have axed slow moving and inefficient industrial zones from their development plans until 2015.
China Steel Corporation (CSC), integrated producer of steel products in Taiwan, has invested an additional $40 million in a joint-venture steel plant with Formosa Plastics Group (FPG) in Ha Tinh Province, Vietnam
Hue City in central Vietnam inaugurated the new Bach Ho Bridge over the Huong River, on the occasion of the 67th anniversary of National Day in September 2012.
Vietnam’s first World Bank-funded hydropower project has just been licensed.
