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A business delegation from Hanoi met French enterprises in Bourg-la-Reine from the southern part of Paris on June 22 to seek ways of boosting bilateral co-operation.
The Vietnam Garments and Textiles Group (Vinatex) and the Hanoi University of Technology (HUT) signed an agreement on training the scientific, technical and management human resource (conducting scientific research and technological transfer) in Hanoi on June 24.
The national flag carrier Vietnam Airlines will officially open the direct flight linking Ho Chi Minh City and Dong Hoi on July 1.
A project to lay a 22kV cable line connecting Vinpearl Resort to the national electricity grid was finished on June 24th, according to Deputy General Director of Vinpearl Land Tourism Joint-Stock Company, Dang Thanh Thuy.
Permits for seventy two billion dollars worth of new foreign investment were granted in 2008, but only $4 billion worth of capital has been materialized over the last six months. It seems that Vietnam is dizzy with the pledges and not paying attention to the actual results of the current licensing scheme....
Logistics firm DHL on Tuesday (23 June 2009) unveiled a new joint-venture in which it will invest US$10 million over the next five years.
Unilever Vietnam Joint Venture Co. has become 100% foreign-owned after Unilever’s acquisition of 33.33% of the shares in the joint venture from its local partner Vietnam National Chemical Corporation (Vinachem).
Despite the negative impact of the global financial meltdown and economic recession, Vietnam’s economy grew by 3.9 percent in the first half of this year and is showing signs of picking up in the second half.
Viet Nam Cement Corp announced on June 23 that the company plans to kick off the construction project of Ninh Binh – Thanh Hoa Highway with the total investment capital of 32 trillion dong, or $2 billion.
Vietnam and China will exchange lists of fruit farms and establishments that package the products exported to each other’s markets as from July 1. This will pose a big challenge but offer a good chance for Vietnam to manage and increase the export of farm products much more effectively.
The flow of foreign direct investment (FDI) into the country in the first half of this year fell by a sharp 74% year-on-year to some US$8.8 billion, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
