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Sacom-Chip Sang Co. Ltd. (SCS) on Wednesday inaugurated the SCS Internet Building at Saigon High Tech Park in HCMC’s District 9 after one year of construction.
A sewerage, which will help deal with waste water for the major drainage Thi Nghe-Nhieu Loc canal in Ho Chi Minh City’s, was inaugurated on August 18 in a ceremony which saw the presence of President Truong Tan Sang.
Supermarket chain operator Lotte Vietnam on Wednesday submitted a proposal to the HCMC government to raise its chartered capital by US$55 million to expand its retail network in the country.
Thailand’s telecoms group, True Corporation, has announced its plan to penetrate the Vietnamese market in 2015.
Singaporean real estate investors have been present and reaping fruits in Vietnam over the last many years. Their money has been poured into all the segments of the property market.
Representatives from nearly 70 UK firms and trade organisations interested in doing business in Vietnam had the chance to find out about Hanoi’s potential for investment at a conference in London in August 2012.
The lifting of the massive Unit 1 Steam Drum into the Mong Duong 2 BOT power project, the first and largest BOT project of it’s kind in Vietnam, commenced today in the northern province of Quang Ninh.
Foreign investors are banking on an improving macroeconomic landscape. Minister and Chairman of the Government Office Vu Duc Dam told VIR that while Vietnam’s economic growth rate expected to be 5.2-5.5 per cent this year was considered to be low domestically, it was lauded by foreign credit organisations...
The Government recently issued Decree No. 60/2012/ND-CP on a 30% reduction in corporate income tax in 2012 for many small and medium-sized enterprises (SMEs).
The Vietnamese government is set to guarantee part of the $6.2 billion Nghi Son oil refinery to end marathon negotiations.
Being built over two years ago, but Phu Huu port in District 9, HCM City, is deserted. There is no ship landing at the port because of the lack of a passage. The port owner has to spend nearly VND40 billion (US$2 million) for maintaining the port.
Vietnam Electricity Group (EVN) is under preparation to start work on a seaport for Duyen Hai Thermo-power Center in Tra Vinh Province late this year
