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The domestic car market is still hot, pumped up in part by temporary tax reductions. For many models, car buyers have to put down a deposit and wait several months to get deliveries. The tax breaks will expire on December 31.
The construction and equipment installation of a project to erect Song Thao cement plant, a key project of the Housing and Urban Development Company (HUD), has just been accomplished.
The growing number of counterfeit and fake products and violations of intellectual property rights is a complicated problem in Vietnam. As a result, businesses and consumers have suffered huge losses.
A conference on investment promotion in Nam Dinh and Thai Binh provinces is due to open on August 5 in Nam Dinh city with the aim of attracting more investors at home and abroad.
Vietnam’s economy may enjoy a faster pace of recovery next year, British strategy developer, Professor Tom Cannon, told a press conference in Hanoi on Tuesday (28 July 2009).
Hanoi’s city government is asking the Prime Minister to authorize a visionary plan for development of the banks of the Red River from north of the airport bridge south to the Bat Trang pottery village. The costs would be financed by Korean private sources and development assistance funds.
If Hanoi can effectively classify rubbish at the source of discharge, the city can save around 4 billion dong (over $220,000) on waste treatment, according to the reduce, re-use and recycle (3R) project.
The global economic downturn and swine flu could put a big dent in hotels’ profits. According to General Statistics Office, foreign direct investment for the first half of 2009 was only $8.9 billion, a strong decrease of 77.4 per cent compared with the same period of last year, while the Ministry of...
Wind power is developing rapidly in the world, with a total capacity of over 100,000 MW at this moment. Vietnam is not on the outside of this expansion. ’
A seminar on maritime and fishing cooperation between Vietnam and Indonesia was held on July 31 in Ho Chi Minh City.
Officials say a new dam in the central province of Quang Ngai would ease salinization problems and prevent the pollution of local groundwater, but residents argue the project would make matters far worse.
The Ministry of Planning and Investment (MPI), in its report on the frame plan on socio-economic development and state budget estimates by 2010, which has been released recently, predicts that Vietnam will only be able to fulfill 15 of 22 norms set for 2009.
