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The HCM City-based Tan Tao (ITA) Group yesterday unveiled plans for a huge power and seaport complex and solicited bids by international contractors.
The fiscal year is ending, but several companies have just announced adjustments of their turnover and profit plans for this year, surprising shareholders with big adjustments. Are the late announcements the result of poor forecasts by enterprises or were they deliberately delayed to prevent share price...
The southern coast province of Ba Ria-Vung Tau is expected to draw nearly US$12 billion in foreign direct investment (FDI) capital by the year-end, up US$10 billion from 2007, an official said.
Prime Minister Nguyen Tan Dung has approved a master plan for transforming the Chan May - Lang Co Economic Zone in central Thua Thien Hue Province into a modern international commercial hub by 2025.
Singapore’s leading real estate developer Mapletree Investment Pte. Ltd. yesterday cut a deal with Vietnam’s Becamex IDC Corp., allowing the Singapore partner the exclusive right to develop a 75-hectare business park in the southern province of Binh Duong.
Vietnam ’s rubber-growing acreage is to be expanded to 700,000 hectares by 2010, up from the current acreage of 522,000 hectares.
The Prime Minister has approved a plan by the Ministry of Industry and Trade to increase electricity prices by 8.92%, an increase of VND800 to VND948.5 per kWh from March.
The national flagship Vietnam Airlines will hold the 2009 Vietnam Sea Festival in Paris, France on April 28-29 to promote tourism and attract foreign visitors, especially from France and Europe, to tourist sites in Vietnam.
The Noi Bai Industrial Park in Hanoi’s Soc Son district is to be expanded by more than 15.8 ha to help improve the prospects of stable, long-term development for businesses that are based there.
A US trade official has advised Vietnamese textile and garment manufacturers to further improve the quality of their products and boost exports into the US market as he predicted his market would regain stability within the next six months.
Roger Cranville, Vice President for global marketing of the Pittsburgh Regional Alliance in the US, has encouraged US entrepreneurs to explore investment opportunities in Vietnam – a fast growing economy in Asia.
