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Two foreign banks operating in Vietnam have been permitted to launch additional services in the country, the State Bank of Vietnam announced on September 14.
Vietnam is a major and attractive destination for Korean investors, especially retailers, as attractions and potentials abound even amid the global economic recession, according to representatives of Korean companies and organizations.
A contract to build a 1-million-tonne-a-year steel ingot plant, the largest of its kind in Vietnam, was signed in Ho Chi Minh City on September 12 by the Pomina Steel Joint Stock Company, the Vietnam Bank for Industry and Trade (Vietinbank) and the European equipment provider Concast.
Do Son Seaside Golf Resort in the northern port city of Haiphong has employed the U.S.-based company Mandarin Media to assist with publicity at home and abroad.
The management unit of Dien Nam-Dien Ngoc new urban area and Chi Thanh Co. Ltd. inaugurated the first phase of the Bong Lai high-class villa area in Quang Nam Province last weekend.
Viet Nam needs USD20 million to wean the country off ozone depleting substances (ODS), according to officials from the Ministry of Natural Resources and Environment.
Only 10 out of 21 industrial zones in the southern province of Dong Nai have proper waste water treatment systems, according to the provincial Department of Natural Resources and Environment (DoNRE).
Under pressure to cut energy consumption, Viet Nam is now turning the spotlight on State-run sectors and mass organisations to find ways to use energy more efficiently.
Electricity of Vietnam (EVN)’s power supply supplementation was short on some 1,000 MW compared with the full year plan, which is out of the control of energy investors because of the delay of many power constructing and upgrading projects, said EVN vice general director Dinh Quang Tri.
In the latest Global Competitive Index Report 2009 of World Economic Forum (WEF) that was announced yesterday, Switzerland has taken the leading position among 133 ranked economies while Vietnam is down five grades from 70 to 75th because Vietnam’s macro-economic conditions have been downgraded from...
Vietnam is about to experience its first liquidation of a foreign fund since the country opened its stock market in 2000.
