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Another wind power project in the island of Con Dao has just been applied by Sy Cat Property Investment and Trade Services Company, the Ba Ria-Vung Tau Investment and Planning Department said.
Construction of a steel mill with an annual output of 250,000 tonnes began in Thanh Binh industrial zone in the northern mountainous province of Bac Kan on June 4.
Francois Carpentier, General Director of Alstom Vietnam recently said that in 2009, Alstom plans to concentrate on carrying out two key power projects namely Nhon Trach 1 with a capacity of 460 MW and Sean 4 (360 MW).
Work will start in July on an 8 billion USD township only 13km from the heart of Hanoi across the Red River.
The BOT Phu My Electricity No3 Co., Ltd. will spend some USD 10 million to upgrade the Phu My Power Plant No3 in Phu My Industrial Park No1 in Ba Ria-Vung Tau.
Japan is taking the lead in capital disbursement though it is the third largest foreign investor in Vietnam, said Phan Huu Thang, head of the Foreign Investment Agency of the Ministry of Planning and Investment.
The European Union’s new grant of €716 million (US$1 billion) in aid to Vietnam for the 2009 financial year makes the grouping the largest provider of aid to Vietnam. Of the grant, equivalent to some US$1 billion, France expects to give Vietnam 221 million euros ($314.7 million), the most funding by...
Prime Minister Nguyen Tan Dung has given instructions to build a plan for socio-economic development in the 2011-2015 period during which, Vietnam will strive to reach an annual GDP growth rate of 7-8 percent on average and reduce the number of poor households under the new standards by 2-3 percent/year.
The first Vietnam Golden FDI awards will be granted to outstanding enterprises at the Hanoi Opera House this August, the Vietnam Association for Foreign Investment Enterprises (VAFIE) announced on June 5.
Vietnam will invest some VND30 trillion to develop the rubber industry sustainably based on market demand, exploiting and building on the country’s advantages in terms of land and other natural conditions in various regions.
Two ministries have suggested the central bank take drastic policy measures to help keep the economy running given the continued uncertainties about a recovery of exportation and foreign investment.
Two out of every three enterprises in Vietnam deem the risks of fluctuating foreign exchange rates are the biggest challenge for developing the country’s cross-border trade within the next three months, according to a survey released by HSBC on Wednesday (03 June 2009).
