Tag: million
VFF willing to spend over $2.4 million to get MU
VietNamNet Bridge – The Vietnam Football Federation (VFF) said it is willing to pay VND42 billion (over $2.47 million) to bring Manchester United club to Vietnam next year. It is highly possible that AC Milan could come to Vietnam in 2009, said VFF Chairman Nguyen Trong Hy.VietNamNet Bridge – The Vietnam Football Federation (VFF) said it is willing... Read more
$6 million bet illegal, lawyer says
A rendering of the Keangnam Hanoi Landmark Tower, which includes a 70-story skyscraper and two 47-story apartment buildings Law experts say a wager between a South Korean company and a group of war veterans is as illegal as other forms of gambling in Vietnam. A lawyer has called a wager illegal in which several Vietnamese... Read more
WB, central bank sign $200 million rural finance pact
Vietnamese farmers will have better access to credit under an agreement that the World Bank and the State Bank of Vietnam signed Friday in Hanoi. Under the agreement, US$200 million will be taken from the International Development Association (the World Bank’s concessional lending arm) for the Vietnam Third Rural Finance Project.A World Bank statement... Read more
$6 million bet on completion of Vietnam’s tallest tower by 2010
A foreign investor one side and several war veterans and construction experts on the other will sign a VND100-billion (US$5.96 million) wager on the completion of Vietnam’s tallest tower by 2010. Under the wager, Korean-owned Keangnam–Vina Company will complete the structural work on the tower, including two 48-story buildings and one 70-story... Read more
WB provides 200 million USD for rural development
VietNamNet Bridge – The World Bank (WB) will provide a 200 million USD loan to Vietnam to help it carry out the Rural Finance Project 3, which has been designed to develop the country’s rural economy. The Governor of the State Bank of Vietnam (SBV) Nguyen Van Giau and WB’s Acting Country Director in Vietnam Martin Rama signed a loan agreement... Read more
Over $7.9 million for sea dikes and dams
VietNamNet Bridge - Prime Minister Nguyen Tan Dung told the Ministry of Finance to urgently provide VND 135 billion (over US $7.9 million) from the 2009 budget to upgrade sea dike programs to some coastal provinces. A section of damaged sea dike in Tra Vinh province.VietNamNet Bridge - Prime Minister Nguyen Tan Dung told the Ministry of Finance to urgently provide... Read more
North Vietnam loses over $370.5 million in flood
VietNamNet Bridge – 17 provinces were hit by the recent deluge. In addition to the 84 dead and missing people, these locations have suffered losses up to VND 6.316 trillion (over $370.5 million), according to the Central Steering Board for Flood and Storm Control. VietNamNet Bridge – 17 provinces were hit by the recent deluge. In addition to the 84... Read more
Hanoi needs $2 million to repair flood-damaged roads
VietNamNet Bridge – The Hanoi Department of Transportation said the city needs about VND34 billion or $2 million to mend inner roads damaged by flooding. Nguyen Trai road.VietNamNet Bridge – The Hanoi Department of Transportation said the city needs about VND34 billion or $2 million to mend inner roads damaged by flooding. “Nearly 100... Read more
Vietnam to have more than 10 million gamers
VietNamNet Bridge – According to research work by Pearl Research, Vietnam will have over 10 million online gamers by 2011. Audition, a popular computer game in Vietnam.VietNamNet Bridge – According to research work by Pearl Research, Vietnam will have over 10 million online gamers by 2011. Pearl Research’s representative, Allison Luong,... Read more
VinaCapital to create $400 million property fund
Vietnamese investment firm VinaCapital is planning a US$400 million property fund, hoping bargain deals will persuade investors to brave a market that was rocky even before the recent global financial turmoil. It could be a tough sell, as a London-listed property fund run by VinaCapital has seen its unit price plummet... Read more
