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Foreign investors are banking on an improving macroeconomic landscape.
Many foreign investors say that slow and cumbersome investment procedures would make Vietnam suffer millions of job losses.
Vietnam should develop better policies and be more transparent to attract investment for infrastructure development, says Tadashi Maeda, a Senior Advisor of the Japanese government.
There are currently 232 industrial parks nationwide discharging a combined wastewater volume of one million cubic meters per day, but only 143 IPs, or 61%, have built wastewater treatment facilities, said the environment watchdog.
Hanoi-based Noi Bai Industrial Park’s second phase is expected to start as soon as site clearance is completed late this year.
A Vietnamese historian named Mai Ngoc Hong last week presented Vietnam’s National Museum of History a century-old map which clearly shows that China has no claim to Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos in the East Sea as China only stretched as far south as Hainan Island.
Climate change is to leave its mark on Vietnam’s road and hydro-electricity development. A Danish study has estimated that climate change would cost Vietnam nearly $60 billion, or 21.6 per cent of gross domestic product (GDP) by 2050, tantamount to over half of the country’s GDP in 2011.
Individuals may be banned from taking gold bullion with them when they leave the country, the State Bank of Vietnam said Wednesday in a draft circular on which it is collecting feedback from relevant agencies.
The upscale wind-power project in the Mekong Delta province of Bac Lieu is getting fast-tracked so as to start supplying power to the national grid in early September, said the investor Cong Ly Construction-Trading-Tourism Co.
