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A source in the Ministry of Traffic and Transportation said that Korea based Chungsuk Engineering Co is asking permission to build the high-speed twin railway from HCM City to Khanh Hoa province’s Nha Trang City under the Public-Private Partnership (PPP) method.
Deputy Prime Minister Pham Gia Khiem has proposed the establishment of a task group to resolve a number of difficulties faced by Vietnamese and Italian businesses in a move to foster bilateral economic relations.
Experts have forecast that heavy pressure is in store for Vietnamese footwear exported to the EU in 2009, when the tariff is raised.
The State Bank of Vietnam has granted a license to Japan’s Sumitomo Mitsui Banking Corp. (SMBC) to open a branch in Hanoi, its second in Vietnam.
Deputy Prime Minister-cum-Foreign Minister, Pham Gia Khiem and Thai Foreign Minister, Kasit Piromya, discussed measures to deepen Vietnam-Thailand cooperative ties during talks in Hanoi on Feb. 25.
In Sept 29th 08, according to a research conducted by Vietnam - Japan Trading Promotion Organization (Jetro), during recent years, Vietnam is keeping breaking the record of attracting foreign investment into Vietnam; however, Vietnam is facing with numerous difficulties due to the lack of development...
HA NOI — Viet Nam needs to raise an estimated US$1.3 billion a year, or between 1.5 to 2.2 per cent of Gross Domestic Product, to build effective expressways, a new Transport Ministry study shows.
HCM CITY — HCM City authorities have conducted inspections of 10 transportation companies after noting almost no companies had reduced rates charged to consumers, despite several reductions of petrol prices by October.
The Mekong delta city of Can Tho has just licensed four foreign investment projects capitalised at 14.4 million USD to operate in Tra Noc industrial zones I and II.
A project to form the Vietnam Heavy Industry Group has been submitted to the Prime Minister for approval, the Director of the Viet Nam Machinery Erection Corporation (LILAMA) Pham Hung announced at a conference to reveal its plans for 2009 on February 24th.
The feedback after a visiting Italian economic delegation held 1,800 business to business (B2B) meetings with Vietnamese partners has been predominantly positive, a senior official said Friday.
