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Since early this year, Can Tho has granted licences to 10 projects in industrial zones (IZs) with a total capitalization of US$76 million.
Southern Binh Duong province takes the lead in attracting foreign direct investment (FDI) in the first four months of this year, with 1.6 billion USD, accounting for 37.2 percent of the country’s total FDI.
In the first four months of 2012, only four State-owned enterprises (SOEs) were equitized, said a report of the Steering Committee for Enterprise Reform and Development. This is a slow progress given an urgent need for SOEs equitization. Pham Viet Muon, deputy chief of the steering committee, who also...
Pharmaceutical giant Sanofi has said it is working on a plan to build a new pharmaceutical facility in Vietnam to meet high domestic and regional demands as its two existing plants in HCMC are running at full capacity.
Credit institutions have to reduce the foreign currency status by the end of day to 20 percent from May 2.
Ho Chi Minh City will continue to complete its urban infrastructure in the coming years to turn into a greener and larger urban zone, according to the city’s Department of Planning and Architecture.
Vietnam Star’s Mercedes-Benz Gallery in Ho Chi Minh City was built with an investment of US$5 million.
The visit of Singapore’s President Tony Tan Keng Yam to Binh Duong province last week gave the province a valuable opportunity to highlight a call for more investment into its Binh Duong New City project, a launching pad to promote the locality.
Vietnam only exploited 5 per cent of its renewable energy potential and the Government sets the target to increase to figure to 11 per cent by 2050.
