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The managing board of Quang Ngai Industrial Zones on July 18 granted an investment license for the Rieker Vietnam Footwear Factory.
Turkish Airlines has increased the number of its services to HCMC to seven a week just a half year after the launch of its flights from the Thai capital of Bangkok to the southern economic hub of Vietnam.
The State Capital Investment Corporation on July 18 reported it had sold interests it represented in 520 enterprises during the five years since its establishment for a total of VND2.77 trillion ($134.5 million) – twice the book value of the companies.
The local gold price hit a new record high of VND39.42 million on Monday afternoon as the global gold price on Asian markets on Monday breached the level of US$1,600 a troy ounce.
Under pressure from members states, the European Union is likely to tighten regulations governing imports – to the detriment of Vietnamese exporters – trade experts said yesterday in Ha Noi.
The health sector of HCMC still fails to answer a critical question when overload at hospitals could be reduced as many hospital projects still remain on paper, according to a Q&A session at the city’s People’s Council meeting.
The People’s Committee of northern Bac Kan province launched the Agro-Forestry Promotion and Investment Fund (APIF) at an investment promotion conference on June 29, aiming to encourage public-private partnership in the fields of agro-forestry and tourism.
Six Ho Chi Minh City-based banks have narrowly escaped being sanctioned by the State Bank of Vietnam after managing to cut their outstanding loans to non-manufacturing sectors to 22 per cent by June 30, Ho Huu Hanh, director of the central bank’s city branch, said.
The People’s Committee of central Ninh Thuan Province will cease investing in the operation of some projects because of delays in construction.
Hanoi and Ho Chi Minh City have been named among top ten Asian cities for 2011 by the US Travel and Leisure magazine.
Vietnam will consider establishing industrial zones solely for use by Japanese enterprises, Ministry of Planning and Investment’s Foreign Investment Agency director Do Nhat Hoang has said.
Prime Minister Nguyen Tan Dung has just ordered four state-owned groups to divest from the Thach Khe project, country’s largest iron ore mining and billet manufacturing project.