Itochu takes aim at energy industry
Japan’s Itochu Corporation is grabbing a foothold in Vietnam’s petrochemical sector. The corporation wants invest in the $3.7 billion Long Son petrochemical complex in Ba Ria-Vung Tau province, a joint venture between Thailand’s Siam Cement Group, PetroVietnam and Vinachem.
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Decree 69 sees golf courses hit the rough
Golf course projects in Lam Dong province are running onto the rocks as land clearance compensation costs swell due to last year’s Decree 69.
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Firms feel heat from FX changes
The State Bank’s latest exchange rate revision is tormenting many enterprises. The auto importing segment is one of many business sectors feeling the heat.
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How accountability supports development
Vietnam has managed to escape the “Aid curse”, but many countries stand as examples how donor funding, if not managed carefully, can hinder governance and the need for accountability
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All roads leading to My Dinh area
Hanoi’s expansion plans to the west are shaping the My Dinh area, 11 kilometres from the capital’s downtown, to become the capital’s second state administration hub.
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Taking aim at major infrastructure shortfalls
“IFC’s strategy in Vietnam is focus on reinforcing Vietnam’s economic competitiveness, promoting inclusive growth as the country urbanises”
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Diminishing market to offer big opportunities
Therefore, given the volatility of the VN-Index, we recommend short-term investors keep a watch and restrict transactions
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Soc Trang firmly on the map
Soc Trang People's Committee's chairman Huynh Thanh Hiep talks with VIR about the province's investment picture.
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