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Danang City is seeking capital from the Asian Development Bank (ADB) to develop the East-West Economic Corridor 2 project (EWEC 2) to prop up economic growth in the central region, said chair Van Huu Chien.
More foreign investment is needed for high-tech production, services and research in HCM City through to the end of 2015.
Singapore’s Changi Airport Group is looking for chances to invest in Vietnam’s aviation industry, said a senior official.
Luxembourg signed with UN agencies in Vietnam agreements on an 8.1 million USD funding for the Vietnamese government’s socio-economic programmes and projects.
Despite the economic slump that is forcing consumers to cut spending, local and foreign investors believe that the food and beverage industry in Vietnam continues to remain attractive.
The Government plans to continue to tighten the allocation of capital for new State-funded projects next year.
Many Korean real estate developers are facing difficulties in implementing their projects in Vietnam.
Local architecture, design and construction firms will introduce energy-saving building materials via the Danish active house which is set to be developed at Quang Trung Software City next year.
In addition to loans from banks, Ministry of Trade evaluates plan of issuing 10 trillion dong bonds to finance power projects
Saigon Clean Water and Investment Joint Stock Company will next month develop Thu Duc 3 water plant having a capacity of 300,000 cubic meters per day in Linh Trung Ward, HCMC’s Thu Duc District.
British University Vietnam (BUV) - the first private and international university in Vietnam to offer British curricula - is regarded as model for higher-education cooperation between the British and Vietnamese governments.
The world’s biggest beverage brands, Coca-Cola and PepsiCo, are being scrutinised by Vietnam tax authorities as the companies report huge losses or small profits while aggressively expanding investments in Vietnam.
