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Construction has started on the first public high rise parking lot in Ho Chi Minh City, as many similar structures are expected to be built in coming years.
The US$1.2 billion Tokyu Binh Duong Garden City project took the lead in attracting foreign direct investment (FDI) in the first three months of the year.
The Civil Aviation Administration of Vietnam (CAAV) has approved Emirates Airline and Saudi Airlines Cargo to operate flights between the Middle East and HCMC in summer schedule, which will begin late this month.
The Ministry of Information and Communications (MoIC) in 20 March refuted rumors in the local media of a merger between Vinaphone and MobiFone, subsidiaries of the Vietnam Post and Telecommunications (VNPT).
From early this year to mid-March, HCM City granted license to 59 foreign direct investment (FDI) projects totaling $39 million, down 96.5 percent over last Q1, according to HCM City Statistics Bureau.
The central bank has ordered major state-owned banks to trim their lending rates, cut spending and boost operational efficiency.
Vietnam will start collecting road maintenance fees from local vehicles June 1, Prime Minister’s latest decision said last Thursday.
Da Nang has licensed 5 foreign direct investment (FDI) projects with a total registered capital of over $10.4 million in the first two months of this year.
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will provide a $64.2 million credit to fund the Srepok 4A hydropower plant project in Dak Lak province.
Ask any entrepreneur about the toughest challenge facing him or her now, and the answer will – most likely – be the high capital cost. The problem has become so widespread in the economy that it is on everybody’s lips when it comes to doing business now. The high capital cost became the most highlighted...
