VOV.VN - CapitaLand’s wholly-owned serviced residence business unit, The Ascott Group Limited (Ascott), has secured a contract to manage the Citadines Blue Cove Danang, company officials report.

Vietnam and Cambodia are two neighbouring countries with a time-honoured friendship. Over the past years, the Vietnam-Cambodia cooperation and friendship have been continuously developed in all fields, particularly in the economy, trade and investment.

The Southern Power Corporation of the Electricity of Vietnam (EVN) needs over VND62 trillion (US$2.79 billion) to carry out nine power transmission projects in the southern region and fulfil its rural electrification targets in 2016-2020. 

A ground-breaking ceremony for the north central region’s first five-star complex of hotel, entertainment and resort was held in Cua Lo town, the central province of Nghe An on June 26.

Daewoo Engineering & Construction Co. announced that it would proceed with the official contracts for 182 households of the first high-end villa project in the "Star Lake" New City in Hanoi from July 4.

FDI continued to be a highlight for Vietnam’s economy in the first half of the year, with 907 new FDI projects licensed as of late May, totalling nearly US$7.6 billion, up 53.2% in the number of projects, and 155.9% in registered capital compared to the same period of 2015.  

A delegation of representatives from dozens of Hong Kong companies made a field trip to the southern province of Binh Duong on June 25 to learn about the local investment climate. 

A series of foreign investors have been planning to develop solar power plants in Vietnam as the demand for renewable energy in the country is increasing.

A workshop, themed "Opportunities for investing in support industry in Vietnam” was organised in Osaka City, Japan on June 23. 

Deputy Prime Minister Trinh Dinh Dung has asked ministries and localities to make breakthroughs in attracting investment for Public Private Partnership (PPP) infrastructure projects.