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Real estate firm seeks affordable housing investors

Real estate firm seeks affordable housing investors HCM CITY (VNS)— Real estate developer Nam Long Joint Stock Co will list 95.5 million shares on the HCM City Stock Exchange (HOSE) today with a reference price of VND27,000 per share. This was announced by Nguyen Vinh Tran, deputy general director of the company, who said that the company wanted to call ... Read More »

Da Nang starts construction on Vietnamese "Silicon Valley"

Da Nang starts construction on Vietnamese “Silicon Valley” DA NANG (VNS)— The US’s Rocky LaiAssociates Inc officially started the construction of the Da Nang Information Technology Park (DITP) in Hoa Vang district on Saturday. The park, which covers an area of 341ha with total investment of US$278 million, will be the biggest ‘Silicon Valley’ in the central region of Viet ... Read More »

Hope for growth boosts shares

VietNamNet Bridge – The VN-Index surged over 500 points last week, reaching 502.58 points on Friday and increasing 2.35 per cent over the previous week.     An investor tracks shares on the board of a trading floor of Saigon Securities Inc in Ha Noi.   Meanwhile, the HNX-Index also rose 1.24 per cent to 61 points. Trading value on ... Read More »

Express delivery race heats up when investors open the throttle

VietNamNet Bridge – The rapid growth in Vietnam’s international trade has prompted investors to increase their investments postal services, express delivery and forwarding. UPS, the US partner in VNPost Express, one of the four biggest express delivery joint ventures in Vietnam, has become a 100 percent foreign invested enterprise after it bought 49 percent of stakes from the Vietnamese partner. ... Read More »

Vietnam’s first cow feed plant inaugurated

The Moc Chau Dairy Cattle Breeding Joint Stock Company on April 7 put into operation a total mixed ratio (TMR) cow feed processing plant with an initial capacity of 120 tonnes a day in Moc Chau town, northern mountainous Son La province. The inauguration of the plant coincided with a ceremony to mark the company’s 55 th founding anniversary and ... Read More »

VietJetAir plans Hanoi-Bangkok route

The budgetary carrier VietJetAir on April 8 announced that it will officially commence a daily air service connecting Vietnam’s capital city of Hanoi with Thai capital city of Bangkok on June 1. Earlier in February, the airlines launched a direct route to link the country’s busiest economic hub of Ho Chi Minh City with Bangkok . The private airline said ... Read More »

Thua Thien – Hue attracts investment to IZs

The central province of Thua Thien – Hue has taken a number of measures in an effort to attract more investment to its industrial zones (IZs). From this year, apart from speeding up site clearance, the province continues push up administrative reforms, improve legal framework, offer preferential policies, help investors build factories, and mobilise capital resources for infrastructure construction in ... Read More »

Vietnam-France Business Forum opens

More than 500 Vietnamese businesses and 120 French companies are participating in the “Vietnam-France Business Forum”, which opened in Ho Chi Minh City on April 8. The forum aims to create favourable conditions to develop partnerships between the two countries’ businesses. During the two-day event, companies will introduce their strengths and discuss how to develop business activities. The French businesses ... Read More »

Central city seeks hi-tech investment

Central city seeks hi-tech investment DA NANG (VNS)— The central coast city of Da Nang will continue to perfect infrastructure facilities at its Hi-Tech Park to help attract more investment, especially from foreign groups. According to the park’s development plan for the next two years, top priority would be given to encouraging foreign investors from Japan, South Korea, the US, ... Read More »

Firms rush to export rice despite limitations

Firms rush to export rice despite limitations by Thien Ly According to a recent report by the Ministry of Industry and Trade, there has been a sharp increase in the number of companies seeking a licence to export rice. This race to rice export has placed many food companies in a risky situation and State management agencies in difficulty. There ... Read More »