Work on Nhon Trach 2 power plant begins

Date: 28/06/2009

Construction of the Nhon Trach 2 thermoelectric power station started in southern Dong Nai province on June 27.

HCM City makes headway in FDI attraction

Date: 27/06/2009

Deputy Prime Minister Hoang Trung Hai has asked the nation’s largest economic hub to speed up infrastructure construction and human resource training to attract more foreign direct investment and utilise the resource more effectively.

Exports to US continue to increase

Date: 27/06/2009

Vietnam’s exports to the US in the first four months netted US$3.74 billion, increasing by 3 percent against the same period in 2008, according to the United States International Trade Commission.

Brazil sees great potential in Vietnam’s market

Date: 27/06/2009

With a population of 90 million and high growth rate, Vietnam is a promising market to Brazil’s businesses, said Rommel Barion, vice president of the Federation of Industries of the State of Parana at a seminar on trade and investment opportunities between Vietnam and Parana, Brazil held in Curitiba...

Hanoi discourages golf course construction

Date: 27/06/2009

Hanoi will not encourage businesses to invest in golf courses in the city as these projects occupy large amounts of land, the Municipal Party Committee concluded recently.

Turning Vietnam into a sustainable industrial country

Date: 27/06/2009

The Ministry of Agriculture and Rural Department is drawing up a national key programme to develop rural areas in the 2010-2020 period with a vision for 2030.

Vinacomin signs Laos mining deal

Date: 27/06/2009

The Vietnam Coal and Mining Industries Group (Vinacomin) will mine coal in a 142sq.km area of Vieng Phouka District in Laos’s Luang Namtha Province, under a contract signed by Vinacomin and the Lao Government on June 25.

Businesses seek to increase sales amidst economic downturn

Date: 27/06/2009

More than 120 businesses from northern provinces discussed ways of overcoming current difficulties and increasing their sales during the economic downturn at a workshop in Hanoi on June 26.

Buyers advised rational behavior in real estate market

Date: 27/06/2009

As the real estate sector warms up and anxiety rises about inflationary prices, Deputy Minister of Construction Nguyen Tran Nam says buyers should rely on professional advice and not bank on market rumors.

Business in brief 06/27

Date: 27/06/2009

HCM City disburses over VND71,000 billion in loans

Indian textile firms want to trade business for technology

Date: 27/06/2009

Indian businesses are willing to transfer technologies for all the processes from making fibres to garments, according to the chairman of the Cotton Textiles Export Promotion Council of India.

Multinational consulting firm sees explosive Vietnam growth in entertainment and media

Date: 27/06/2009

PricewaterhouseCoopers predicts that Vietnam will be the world’s fastest-growing entertainment and media market from 2009 to 2013.

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