Regional countries compete for FDI

Date: 25/09/2009

Vietnam will only make cautious forecast about foreign direct investment (FDI) until the end of next year as a number of international financial analysts have warned that a recovery might not materialize until 2011.

CPI increases sharply in September

Date: 25/09/2009

The consumer price index in September increased by 0.62 percent over August, up 2.42 percent from last September and up 4.11 percent compared to last December.

RoK bank helps lure more investment to Vietnam

Date: 25/09/2009

The Korea Development Bank (KDB) of the Republic of Korea has joined hands with the Vietnamese Ministry of Planning and Investment to host a seminar in Seoul to call for investment in Vietnamese industries.

Three large property trading firms join forces

Date: 25/09/2009

Three large real estate transaction centers in Dong Nai Province, namely Tinnghia Land, Donaland, and Sonadezi, signed a cooperation deal on Saturday (19 Sep 2009) to jointly develop the local realty market.

Int’l conference to highlight 500 property projects

Date: 25/09/2009

Around 500 property development projects will be introduced at a major international conference set for October 20-22 in HCMC.

Australian retailer seeks Vietnamese partners

Date: 24/09/2009

The Australian largest retailer Woolworths is seeking experienced Vietnamese suppliers for its supermarket chains Woolworths and Big W.

Passport time down from five days to 15 minutes

Date: 24/09/2009

The time taken to complete passports procedures will be cut from five days to 15 minutes, according to Truong Xuan Thanh, deputy director of the Consular Department of the Ministry of Foreign Affairs.

Transport ministry orders tighter leash for tender winners

Date: 24/09/2009

Any contractor that wins a transport project tender with a bid below 90 percent of the Ministry of Transport’s cost projection will be forced to abide by terms set by the ministry’s agencies in provinces and cities.

News in brief

Date: 24/09/2009

(Extracted from various sources)

Vietnam prioritises developing the telecoms sector

Date: 24/09/2009

The Vietnamese government always prioritises the development of the telecoms sector and has continuously worked to create a favourable business environment for investors.

Cash flowing back to stock market

Date: 24/09/2009

The trading volume of the HCM City bourse in the last three trading sessions was 3 trillion dong (USD 166.67 mil) per session compared to the average trading volume so far in 2009, which is just 1.1 trillion dong (USD 61.2 mil). Investors are returning in full force, buoyed by news of economic recovery...

Binh Duong counts on U.S., Europe investors for added value

Date: 24/09/2009

Binh Duong province is turning spotlight onto attracting American and European investors in a move to produce more added-value and hi-tech products, said the provincial chairman.

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