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In Vietnam, the logistics costs make up 25 percent of GDP, while transport costs account for 50-60 percent of the logistics costs, an overly high if compared with the average rate in the world.
Japanese Oshima Shipbuilding Group has agreed to construct a $180 million shipyard in the central coastal province of Khanh Hoa , according to Nguyen Chien Thang, Chairman of the Khanh Hoa Provincial People’s Committee.
Two large-scale projects, to be the lead actors in Binh Duong province’s development success story, have got off the ground.
HCM City continued a trade surplus of $10 million in February, lifting the total trade surplus in Jan-February to $60 million, according to the information from the press conference between HCM City People’s Committee and departments on February 24.
The Dung Quat Economic Zone Authority (DEZA) will help businesses from the Republic of Korea’s Ulsan city to explore opportunities and invest in all areas in the zone.
Japan’s Mitsui Engineering & Shipbuilding Company, Ltd. (MES) aims to make Vietnam a key production base for bridges and steel structures in order to expand its share in the Southeast Asian market.
A US$200-million electronic-chip production plant should be classified as a key national project, the HCM City People’s Committee has decided.
The disbursement of foreign direct investment (FDI) in Vietnam reached around $1 billion in the first 2 months of this year, down over 9 percent year on year.
The U.S.-based public relations firm Edelman yesterday announced its penetration into the Vietnamese market by buying stake of local partner AVC Communications after 18 months of negotiations.
The Department of Planning and Investment of southern Long An Province plans to ask the provincial People’s Committee to revoke the licences of long-delayed projects.
