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The Prime Minister has stated that Vietnam needs to build deep-water seaports in the northern city of Hai Phong and the southern province of Ba Ria-Vung Tau to receive larger-tonnage ships within the next five years.
Viet Nam has become the leading foreign investor in Laos, taking over the top position from China and Thailand, according to a newsletter issued by the Lao Ministry of Planning and Investment’s Investment Promotion Department.
Firms are on the tenterhooks with their proposed removal from Bien Hoa 1 Industrial Zone.
The price of gold in Vietnam sharply dropped on March 29 as global price sank to the lowest level since March 18 due to profit-taking.
Vietnamese vegetables face high risk of catching the lethal E. coli outbreak as farmers mostly use sewage and muddy water taken from streams, lake and rivers, to irrigate the crops, a health official has warned.
The Ministry of Industry and Trade has announced two national contests for effective energy management in buildings and by industries and a media award for energy efficiency.
Facing the current hardships, Vietnam’s export for timber products will be very hard to achieve $4 billion target in 2011, Nguyen Ton Quyen, vice chairman of Vietnam Timber and Forest Product Association (Vietfores) said.
HCM City’s neighbouring province of Dong Nai boasts a high IP occupancy rate, but several parks are languishing with little or no investment, the Dau Tu (Viet Nam Investment Review) newspaper reports.
Northern Bac Ninh province has taken aim at pulling in 60 foreign direct investment projects worth $425 million and realising half of that total sum in 2011.
Many commercial banks say that all their efforts to reduce lending to non-manufacturing sectors are unlikely to meet the schedule set by the central bank.
Black & Veatch, one of the US’s leading engineering, consulting and construction companies, has won a contract to provide design services and project management for a $1.4 billion coal-fired power plant in Vietnam’s Soc Trang province.
A number of seaports in Ho Chi Minh City’s outskirts are underperforming, causing a huge waste of infrastructure and undermining the city’s competitive advantage.
