Netherlands-based Veka Group seeks investment opportunity in Quang Ninh

Date: 22/08/2012

The People’s Committee of the northern province of Quang Ninh on August 11 held discussions with Netherlands-based Veka Shipbuilding Group (Veka) which is seeking investing opportunities.

Office building inaugurated at hi-tech park

Date: 22/08/2012

Sacom-Chip Sang Co. Ltd. (SCS) on Wednesday inaugurated the SCS Internet Building at Saigon High Tech Park in HCMC’s District 9 after one year of construction.

HCM City completes big drainage system

Date: 22/08/2012

A sewerage, which will help deal with waste water for the major drainage Thi Nghe-Nhieu Loc canal in Ho Chi Minh City’s, was inaugurated on August 18 in a ceremony which saw the presence of President Truong Tan Sang.

Lotte seeks to increase capital

Date: 22/08/2012

Supermarket chain operator Lotte Vietnam on Wednesday submitted a proposal to the HCMC government to raise its chartered capital by US$55 million to expand its retail network in the country.

Thai group to enter Vietnam’s telecoms market

Date: 22/08/2012

Thailand’s telecoms group, True Corporation, has announced its plan to penetrate the Vietnamese market in 2015.

Singaporean real estate investors present in all market segments

Date: 22/08/2012

Singaporean real estate investors have been present and reaping fruits in Vietnam over the last many years. Their money has been poured into all the segments of the property market.

UK investors learn about Vietnam’s potential

Date: 22/08/2012

Representatives from nearly 70 UK firms and trade organisations interested in doing business in Vietnam had the chance to find out about Hanoi’s potential for investment at a conference in London in August 2012.

Vietnam’s first BOT coal-fired power project gets steam drum installed

Date: 22/08/2012

The lifting of the massive Unit 1 Steam Drum into the Mong Duong 2 BOT power project, the first and largest BOT project of it’s kind in Vietnam, commenced today in the northern province of Quang Ninh.

Investors applaud work to avoid greater chaos

Date: 20/08/2012

Foreign investors are banking on an improving macroeconomic landscape. Minister and Chairman of the Government Office Vu Duc Dam told VIR that while Vietnam’s economic growth rate expected to be 5.2-5.5 per cent this year was considered to be low domestically, it was lauded by foreign credit organisations...

30% corporate tax cut offered for SMEs

Date: 20/08/2012

The Government recently issued Decree No. 60/2012/ND-CP on a 30% reduction in corporate income tax in 2012 for many small and medium-sized enterprises (SMEs).

Nghi Son is closer to nailing down a start date

Date: 20/08/2012

The Vietnamese government is set to guarantee part of the $6.2 billion Nghi Son oil refinery to end marathon negotiations.

VND360 billion international seaport unused

Date: 20/08/2012

Being built over two years ago, but Phu Huu port in District 9, HCM City, is deserted. There is no ship landing at the port because of the lack of a passage. The port owner has to spend nearly VND40 billion (US$2 million) for maintaining the port.

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