Siemens in $375m deal on Nhon Trach 2 power plant

Date: 13/06/2009

German industrial giant Siemens (SIEGn.DE) has won a $375 million contract to supply key equipment to a thermal power plant in southern Vietnam.

Hai Phong draws foreign investors

Date: 13/06/2009

The northern port city of Hai Phong licensed six new foreign-invested projects in the first five months of the year, worth a combined US$15.2 million, said the municipal Department of Planning and Investment.

Ministry claims hydropower plant will not affect water supply

Date: 13/06/2009

The Ministry of Industry and Trade says a controversial hydropower plant in the central region will not affect lowland water supplies, according to a local official.

City engages private sector in environmental protection

Date: 12/06/2009

The HCMC government is engaging the private sector in environmental protection and is also increasing funds for environmental protection.

French businesses seek opportunities to invest in Binh Duong

Date: 12/06/2009

A French business delegation led by French Ambassador to Vietnam Hever Bolot worked with leaders from the Binh Duong provincial People’s Committee in southern province to seek co-operative and investment opportunities.

Government urges HCMC port operators to move quickly

Date: 12/06/2009

The Government on Tuesday again demanded the operators of Ba Son Shipyard and seaports along the Saigon River to quickly move out of the inner city under a years-old scheme to open new seaports in outlying areas.

Job creation still a top priority

Date: 12/06/2009

Minister of Labour, Invalids and Social Affairs Nguyen Thi Kim Ngan has stressed the need to adjust regulations on labour management and carry out projects on vocational training for young people, while being questioned by National Assembly deputies in Hanoi on June 11.

Anti-corruption in capital construction investment

Date: 12/06/2009

The Office of the Central Steering Committee for anti-corruption, the Government Inspectorate, the Ministry of Planning and Investment in coordination with the Swedish Embassy, organised a dialogue themed “Preventing and combating corruption in capital construction investment” on May 29 in Hanoi.

GuocoLand continues building trade centre

Date: 12/06/2009

Despite the economic recession situation, GuocoLand Group and EEC Group (Holland) firmly kept their cooperation decision to build the Commercial Centre in Vietnam-Singapore Industrial Park in Binh Duong province.

People advised to be cautious when buying houses in US

Date: 12/06/2009

Vietnamese people have been flocking to the US to buy houses as real estate prices have been decreasing significantly due to the economic crisis. However, they have been told to be cautious when making deals, or they could lose everything.

Foreigners allowed to own homes

Date: 11/06/2009

The Government issued the Decree No 51/2009/ND-CP last week, guiding the implementation of National Assembly Resolution No 19/2008/QH12 of June 3, on pilot permission for foreign organisations and individuals to purchase and own residential housing in Viet Nam. Foreign individuals must have the following...

HCM City eyes private investments in traffic projects

Date: 11/06/2009

Ho Chi Minh City plans to seek private domestic and foreign investment in some key traffic projects, Tran Quang Phuong, director of the city Department of Transport told.

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