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The Vietnamese pharmaceutical market is turning into an Eldorado for foreign companies due to a significant increase in year-on-year domestic demand.
The Vietnamese hospitality market performed better in 2010 than at any time since before the financial crisis, with considerable increases in both average room and occupancy rates in high-end hotels and resorts across the country, a survey found.
“We will take measures to guarantee safety for domestic and foreign investors of oil and gas exploration projects in Vietnam’s exclusive economic zone,” stated Minister Nguyen Xuan Phuc, Chairman of the Vietnamese Government Office.
Management Board of Chan May-Lang Co Economic Zone said that the zone had attracted 34 investment projects so far with total registered capital of 36.5 trillion dong equaling to $2 billion, including 10 foreign projects worth $1.32 billion.
The biggest difficulty the Electricity of Vietnam (EVN) has faced during the first five months was in accessing capital for major projects under construction, and the capital shortage has made many projects lag in progress, said its Deputy General Director Duong Quang Thanh said on June 6 in the online...
The Vietnam Steel Association on Monday voiced its objection to a plan by the Ministry of Finance to slap a 3% tariff on several kinds of steel products for export including ingots, saying the tariff would hurt the industry currently facing oversupply.
The amount of deposits in foreign currencies, mostly in the U.S. dollar, has fallen substantially as the greenback is losing its appeal given recent policies from the central bank to fight dollarization of the economy. Experts said the trend would continue until a point in time in the near future when...
Simax Lithography BV announced to establish a centre for developing, manufacturing/re-manufacturing spare parts, advanced semi-processing equipment and machines for semiconductor industry in Vietnam.
Vietnam welcomed over 2.5 million international visitors in the first five months of this year, representing a year-on-year rise of 18 per cent.
Vina-CPK Company Ltd. on Tuesday (31 May) broke ground for the 308-hectare Ba Thien 2 Industrial Park in the northern province of Vinh Phuc.
HCMC Vice Chairman Nguyen Thanh Tai on Saturday signed a credit agreement with German Reconstruction Bank (KfW), under which KfW would provide nearly 213 million euros for the second metro project in HCMC.
The price of gold in Vietnam unexpectedly hit VND38 million a tael (1.2 ounces), the highest level since April 30, on June 6 thanks to the rising momentum on global market.
