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Marriott International Inc., the US’s biggest hotel chain, plans to open its first hotel in Hanoi by 2012, it said in a statement Tuesday (21 July 2009).
Minister of Industry and Trade Vu Huy Hoang asked the US to take concrete measures to facilitate imports from Vietnam during a meeting with US Trade Representative Ron Kirk in Singapore on July 22.
After years of experimenting with different materials, Loc finally discovered the secret to biodegradable plastic.
Five steel ingot producers in the country have sent formal written complaints to the Government that they cannot buy or borrow foreign currency from banks to import scrap steel for production.
Lien Anh textile-garment and footwear materials center in southern Binh Duong Province, closed down a month and a half ago due to unviable business, will likely been thrown a lifeline as the national apparel group is now in talks to acquire a stake in the center to restore its operation.
A property fund worth US $350 million in Vietnam will be founded and launched by the 4th quarter of 2009 VinaCapital, the company’s Deputy Director for property, David Blackhall said recently.
Viet Nam needs over 1,000 highly trained staff from now until 2020, said Vuong Huu Tan, Director of the Vietnam Atomic Energy Institute (VAEI).
The State-owned Vietnam National Shipping Lines (Vinalines) plans to start building the first two wharves of the deep-water port at Van Phong Bay in central Vietnam in October to develop the international port to serve Asian trade.
A technology transfer centre that would further the development of small- and medium-sized enterprises (SMEs) is expected to open in Ha Noi in August.
Vietnam has been listed in the top ten most attractive countries for software processing for the first time, it was announced recently.
In contrast to the overall economy’s growth, investment in the agricultural and rural sector has been falling off in recent years.
Vietnam’s iinsurance market now has nearly 50 members including 11 life insurance companies, 27 non-life insurance companies, one re-insurance company and 10 brokers with total ownership equity of nearly 18 trillion dong (USD 1 billion).
