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The country’s largest city is about to get even bigger, with a re-zoning plan that will amalgamate HCM City with dozens of surrounding areas in all four directions into a super urban zone.
The Government has drawn up five measures to stimulate the economy, with the focus being on reinforcing the inner strength. Experts talk about these measures.
HCMC – Prime Minister Nguyen Tan Dung has signed a decision approving a medium- and long-term foreign commercial loan ceiling of USD 4.7 billion this year, the Government said on its website.
Deputy Transport Minister Ngo Thinh Duc has announced a plan to build a new highway to span Dau Giay in Dong Nai Province and Binh Thuan Province’s Phan Thiet.
Prime Group JSC has announced that DWS Vietnam Fund, via a wholly-owned subsidiary, has made a US$20 million investment in the company.
The international consulting group KPMG has highlighted Vietnam as a prospective destination for foreign direct investment (FDI) from developed countries in a large swathe of business areas despite the slump worldwide.
An investment of US$932.4 million will be required to build the proposed 55 kilometre expressway linking HCM City with Long Thanh and Dau Giay in Dong Nai Province, according to the Ministry of Transport.
Ba Ria-Vung Tau Province has been attracting plenty of foreign direct investment in tourism projects but local authorities are concerned over the sluggish rate at which the money actually flows in.
Policies governing customs, investment and taxes are obstacles to foreign-invested enterprises (FIEs) in Vietnam especially at a time of global economic recession.
The Asian Development Bank (ADB) announced yesterday it would give a US$410 million loan to a 51-km highway project from Ho Chi Minh City to Dau Giay, Long Thanh District in southern Dong Nai Province.
The Joint Economic and Trade Committee of Vietnam and the UK (JETCO) met in London on Dec. 3 to discuss measures to strengthen their bilateral economic and trade ties.
(Dated Aug 30th 2008) Vietnam Ministry of Construction in Ha Hoi passed circular on guide of charter capital definition for real estate business transaction.
