PM okays proposal of hiring consulting units for HCM City Metro line 5
Prime Minister Nguyen Xuan Phuc has approved a proposal to hire foreign consulting units or domestic and foreign joint ventures to verify the pre-feasibility study report of the Ho Chi Minh City metro line 5 project.
Domestic businesses invest in 34 overseas projects in 4 months
VOV.VN - Thirty-four projects with a total capital of US$129 million have been granted investment licenses abroad during the first four months of the year, according to the Ministry of Planning and Investment (MOPI).
Lower-cost plan for Tan Son Nhat airport expansion proposed
A state-owned consultancy has proposed adjustments to the expansion plan for Ho Chi Minh City-based Tan Son Nhat international airport that would result in much lower costs than one proposed by the French consultancy ADPi.
FDI firms prefer commercial dispute arbitration
As many as 40 percent of foreign direct investment (FDI) enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre (VIAC).
Net sells by foreign investors not a worry: analysts
Local investors are concerned with recent increases in net selling by foreign traders, fearing a capital flight, but experts have tried to calm the market with positive recommendations.
Commercial banks discuss M&As - again
After a quiet period, M&As have once again become a hot topic of discussion at banks’ annual shareholders’ meetings. Several big deals are expected to be completed this year.
Nippon Sheet Glass to restart idle thin glass float factory in Vietnam
Japanese glass producer Nippon Sheet Glass (NSG) will pump part of a US$365 million investment into upgrading and restarting a currently dormant thin glass float factory in Vietnam, according to the company website.
US$180-million AEON MALL Haiphong to break ground on May 13
On May 13, Japanese shopping mall developer AEON MALL will receive the investment certificate for its US$180-million “AEONMALL Haiphong–Le Chan” shopping mall. The ground-breaking ceremony of the project will be organised on the same day.
Localities asked to report public investment disbursement progress
The Ministry of Planning and Investment (MPI) has asked centrally-run cities and provinces to promptly submit their reports on the implementation and disbursement of public investment in 2018.
European farm produce seek ways to reach Vietnamese consumers
The European agriculture producers are expecting the European Union-Vietnam Free Trade Agreement (EVFTA) to take effect soon as it will pave the way for their agricultural products, including fruits, meat and dairy, to enter the Southeast Asian market with a population of 93 million.