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An international container shipping route from Cai Lan port in Quang Ninh province to China and Hong Kong was officially launched on December 18.
Vietnam will continue to be an attractive destination for international investors in the years to come, said former Vice State President Truong My Hoa.
The Japan International Cooperation Agency (JICA) will give priority to the provision of its official development assistance (ODA) for education and environment projects in the southern province of Binh Duong .
Mapletree Co., Ltd has planned to invest US$70 million to build infrastructure facilities for logistics services in the northern province of Bac Ninh-based Vietnam-Singapore Industrial Park (VSIP), Vietnam News Agency said.
The Vietnamese government has always encouraged and created favourable conditions for investment in the petroleum industry, ensuring the investors’ legitimate interests.
The U.S. GE Healthcare plans to invest US$1 billion into Vietnam’s healthcare sector each year to survey local healthcare market in the coming years, Eugene Hong, sale executive of GE Healthcare in charge of Singapore-Vietnam was quoted as saying.
Vietnam has beaten the US for the first time to take third place in a survey ranking the attractiveness of different countries to Asian investors, according to the Asian Business Council (ABC).
The Vietnamese Ministry of Construction has just submitted plans to invest VND49 trillion (US$2.97 billion) into housing development projects slated for 2009 to 2015 amid the government’s efforts to boost fiscal spending to VND110 trillion.
The Ministry of Finance (MOF), on November 12, announced that it has accepted the plan for an increase in coal price drawn up by the Vietnam Coal and Mineral Industries Group (Vinacomin).
Mekong Delta Ben Tre province has licensed the Japanese-owned Fukukawa Automotive Systyne Co, Ltd to invest US$16 million in a factory producing electric wires for automobiles, the Vietnam News Agency reported.
Japan’s Electric Power Development Co. announced it has bought a 5-percent stake in Petrovietnam Nhon Trach 2 Power Joint Stock Co.
