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Foreign investors say that the low cost of electricity is the main reason why they are hesitant to inject money in power plant projects.
International Development Investment Joint Stock Company (IDI), set up in 2003, is an affiliated company of Sao Mai Conscorp. IDI and Sao Mai Conscorp have jointly taken part in many big construction, investment and real estate projects. Especially, IDI is known as a new emerging export seafood processor...
2009 is expected to be another difficult year in terms of the economy in Vietnam due to the global financial crisis and economic recession, and this is being said by both domestic and foreign specialists. Exports will likely decline, as will foreign direct investment and overseas remittance. The situation...
The Government has decided to spend VND17 trillion (US$1billion) to stimulate the economy, as the global crisis slows domestic growth.
The government will give greater priority to improving state budget-funded infrastructure project planning, laws and regulations next year.
The Coal and Mineral Industrial Group has set itself the target of producing 33.5 million tonnes of coal in 2009.
Dutch property conglomerate, the EEC Group, on March 10 announced the launch of Promenada @ Canary, a massive new shopping and entertainment complex in the southern province of Binh Duong.
The Ministry of Public Health and the Ministry of Industry and Trade have agreed to work together to develop the pharmaceutical chemical industry and to stabilise Vietnam ’s pharmaceutical market.
Deputy PM Hoang Trung Hai agreed in principle to incorporate the Nam Van Phong Petrochemical and Refinery Complex into the petroleum development plan during a meeting on Dec. 18.
Vietnam’s market conditions following its two years as a member of the World Trade Organisation (WTO) was the topic of a seminar in Hanoi on Dec. 19.
According to the Asia Business Council (ABC), Vietnam ranks third in Asia in attractiveness to Asian businessmen
The State Bank of Vietnam (SBV) made a decision on Dec. 19 to cut the prime interest rate for Vietnamese dong by 1.5 percent to 8.5 percent, effective from Dec. 22.
