Business in brief 27 Nov 2012

Ngày: 28/11/2012

(Sourced from various news agencies)

Ho Chi Minh City nears double-digit growth

Ngày: 28/11/2012

Ho Chi Minh City’s economic output is expected to rise by 9.2 per cent this year to VND595.37 trillion (US$28.3 billion), according to the municipal People’s Committee.

Lam Dong reviews small hydropower projects

Ngày: 28/11/2012

The government of the Central Highlands province of Lam Dong has asked local agencies to consider eliminating small hydropower projects that are ineffective and will cause bad impacts on the environment out of the zoning plan.

RoK – biggest foreign investor in Hanoi

Ngày: 27/11/2012

The Republic of Korea (RoK) has the largest number of investment projects among foreign investors in Hanoi with 636 projects, worth more than US$3.5 billion.

US$69.9 million to upgrade urban areas in Can Tho by WB

Ngày: 27/11/2012

The World Bank has funded US$69.9 million to help upgrade urban areas in Can Tho, a major city of Viet Nam, with interest of 2.5 per cent per year, according to the city’s Urban Upgrading Management Committee.

US keen on infrastructure development in Vietnam

Ngày: 27/11/2012

US businesses pay attention to investment opportunities in Vietnam , in particular infrastructure development, US Under Secretary for International Trade, Francisco Sanchez, told Prime Minister Nguyen Tan Dung at their meeting in Hanoi in November 2012.

US seeks garment producers in Vietnam

Ngày: 27/11/2012

Many US enterprises are seeking garment producers in Southeast Asian countries, especially in Vietnam, as they do not want to depend much on the supply from China.

Russian casino zone breaks ground; Vietnam’s Ho Tram casino project hits snag

Ngày: 27/11/2012

Officials in the Primorye/Primorsky territory on Russia’s Pacific coast have reported work has begun on the region’s first casino-hotel. Russian news agency Ria Novosti reported that the region’s governor, Vladimir Miklushevsky, is supervising the first stage of the project, which hopes to be completed...

Vietnam Gets Funding Support to Phase Out Ozone-depleting Substances

Ngày: 27/11/2012

World Bank approved a US$9.76 million grant from the Multilateral Fund for the Implementation of the Montreal Protocol to support Vietnam’s efforts in phasing-out ....

AFD will finance water supply projects in rural areas

Ngày: 27/11/2012

Many rural areas in Vietnam will have clean water as the French Development Agency (AFD) plans to provide 90-110 million euros, or US$114-139 million, each year for building and expanding the clean water supply systems

French seminar draws investors to Vietnam

Ngày: 27/11/2012

A seminar entitled "Vietnam, trade and industrial partner in Southeast Asia” took place in the French city of Lyon in November 2012.

City infrastructure projects struggle to find investors

Ngày: 27/11/2012

Infrastructure projects under the formats of build-operate-transfer (BOT), build-transfer (BT) and public-private partnership (PPP) in HCMC now are facing difficulties as investors are shying away due to concerns over low business efficiency.

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