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Dated 18/8/2008, Dong Nai Industrial Zones Authority has granted investment license for Dau Giay Industrial Park JSC regarding on Dau Giay industrial park infrastructure development with the scale of 330,804 ha in Bau Ham 2 and Xuan Thanh townships, Thong Nhat district.
The industrial production value has increased by 15.8-16 percent, but the construction industry has decreased by 2 percent.
Frozen and gloomy are the words the Ministry of Finance (MOF) have used to describe the current real estate market in Vietnam. The same situation is also occurring with the capital market.
The Government has decided to implement a series of measures, including spending US$1billion from national foreign reserves, to stimulate the economy.
From June 1, foreign investors are allowed to hold at most 49 percent of the stake of a public joint-stock company, according to a new Government decision.
Farmers who live near urban residential areas will be compensated at a higher rate when the state reclaims their land, according to a new decision by the HCM City People’s Committee.
Vietnam will open up a number of services markets to foreign companies earlier than scheduled in its commitments to the World Trade Organization (WTO) to make it an attractive place for business and investment.
Vietnamese woodwork producers have ignored the Russian market, though they are well-aware that this is a market with great potential.
Vietnam is going to pip India in the world apparel trade, as Vietnamese exporters are projected to surpass the share of the Indian competitors in the global market in 2009, said The Economic Times.
The government on Tuesday (14 March 2009) admitted it was to blame for slow financial compensation to residents displaced by the Son La Hydroelectric Plant project, which started construction in 2005 in three northwestern provinces
No investment channel now, not real estate, gold, securities, bank deposits nor foreign currencies, can promise attractive profit for those who have idle capital.
