Foreign investors have abundant chances to succeed in VN, Deputy PM says

Date: 24/10/2009

In the ongoing visit made by Deputy PM Hoang Trung Hai to the UK, Viet Nam has introduced a list of FDI projects which are suitable to investors in the Northwest of the UK. These projects are mainly on transport infrastructure, aviation, steel, energy, and tourism infrastructure.

Banks ending loans to property investors

Date: 24/10/2009

Some commercial banks said they would no longer offer loans to property investors as the central bank was now forcing them to keep interest on such loans under a cap set by the government.

Developers urge government to gamble on casinos

Date: 24/10/2009

Real estate investors are urging the Government to allow casino development saying it would serve as an effective measure to lure tourism investment.

71 percent of people trust in high-quality Vietnamese goods

Date: 23/10/2009

71 percent of 400 respondents said that they choose to buy domestic products because of their reasonable prices and acceptable quality.

How to encourage businesses to boost trade promotion

Date: 23/10/2009

Stepping up national trade promotion programmes is the key to boosting exports in the remaining months of this year. However, such programmes have proved inefficient, failing to attract the participation of businesses.

Vietnam lures more FOSS projects

Date: 23/10/2009

Vietnam will be a country luring Free and Open Source Software (FOSS) projects to bring more business opportunities to local enterprises, according to the organizers of the 2009 GNOME Asia Summit.

65-storey building project kicked off in Hanoi

Date: 23/10/2009

The groundbreaking ceremony of the 65-storey Hanoi City Complex, took place on October 22 in Hanoi at the attendance of many high-ranking Vietnamese and Korean officials.

House committee wants loan subsidies to end as planned

Date: 23/10/2009

The Vietnamese government’s interest rate subsidy program should end this year as planned to prevent an imbalance of payments, said the National Assembly Finance and Budget Committee.

Time to shift the Van Phong port project to high gear

Date: 23/10/2009

A great deal of praise has been heaped on Van Phong Bay, but after many false starts, it is still a rough diamond awaiting craftsmen with the talent to cut it. Once again, the hunt is on for foreign investors to speed the bay’s development as a major transshipment port, reports TT newspaper.

Property developers say red-tape the tumbling block

Date: 23/10/2009

Property developers raised their common voice over administrative procedures again on Wednesday, saying lengthy formalities are the key tumbling block for both international and local property development companies despite high potentials on the market.

PM Dung encourages S.Korea investment in Vietnam

Date: 22/10/2009

The Vietnamese government will create the best possible conditions for the Republic of Korea to become the biggest foreign investor in Vietnam, said Prime Minister Nguyen Tan Dung.

Business in brief 22/10

Date: 22/10/2009

(Sourced from various news agencies)

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