The Dung Quất Economic Zone Authority (DEZA) and Quảng Ngãi Industrial Park Management Board on Monday granted an investment certificate for the Hòa Phát Dung Quất iron and steel production complex to the Hòa Phát Group. Construction will resume on the Guang Lian Dung Quat steel project, which had its investment certificate revoked in early […]
Read MorePeople are investing their money in five main channels of stocks, gold, foreign currencies, property assets and savings but which of these offered the highest returns in 2016? Stocks: 14.8% Stocks, which were deemed risky and volatile assets, paid the highest returns last year. The benchmark VN-Index hit the eight-year peak at 692.17 points on […]
Read MoreOn December 28, the People’s Committee of Thua Thien-Hue licensed PSH Group from Spain to develop Hue Amusement & Beach Park at Vinh Thanh and Vinh An communes of Phu Vang district. The VND1.06-trillion ($47.5 million) project will sport 1,000 four-star and five-star hotel rooms, 93 villas, and other facilities, such as a water park, […]
Read MoreDeputy PM Vuong Dinh Hue attended a ceremony to announce the master scheme on Nui Coc Lake National Tourism Area by 2025 with a vision towards 2030 on December 25 in Thai Nguyen province. The event drew the attendance of National Assembly Vice Chairman Uong Chu Luu and Tribunal President of the Supreme People’s Court Nguyen Hoa Binh. […]
Read MoreTaiwan Paiho will invest $50 million into a plant in Vietnam to produce jacquard fabrics for shoes, according to news site taipeitimes.com The plant is scheduled to start operation in the fourth quarter of next year. Taiwan Paiho Ltd. manufactures shoelaces and elastic tape. The Vietnamese plant would be operated by subsidiary Paiho Shih Holdings […]
Read MoreDriven by market demand and Vietnam’s policies, a number of foreign investors are planning to invest in Hoa Lac High-tech Park (HHTP). Mitsubishi and South Korean DT&C Co., Ltd. are seeking a license to develop their project in the park, said Nguyen Trung Quynh, vice chairman of the HHTP Management Board at the Hoa Lac […]
Read MoreWith more than 260 developers pledging to invest roughly US$8 billion, the realty market of Phu Quoc has became more bustling than ever. A number of under-construction projects aim to turn the district island into an exclusive economic zone. The race has attracted large property developers BIM Group, CEO Group, Vingroup and Sun Group, who, […]
Read MoreNew foreign direct investment (FDI) registered in the 10 months of this year decreased by 1.3 per cent year-on-year to US$12.3 billion despite an annual rise of 25 per cent in the number of projects. Up to 2,061 new foreign-invested projects were granted licences during the reviewed period, according to data issued by the Foreign […]
Read MoreWorld Shine-Hue International Resort, which was delayed in construction due to protests from residents, will be relocated to a new site and renamed Minh Vien-Lang Co. International Resort project. Licensed in October 2013, the resort was invested by World Shine Hong Kong Co., Ltd. (World Shine Hong Kong) through its Vietnamese subsidiary The Dieu Company […]
Read MoreDai Nam JSC, the developer of the Dai Nam tourism park complex in the southern province of Binh Duong, expedited a mammoth $100-million racecourse in Dai Nam complex, capturing newspaper headlines. Accordingly, it was reported that construction of the 60-hectare racecourse has started last July and will be completed within two months. The racecourse also […]
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