Posts Tagged ‘ projects ’

‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]

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World Bank provides Vietnam $973.5 mln for infrastructure, anti-poverty projects 

January 16, 2012
World Bank provides Vietnam $973.5 mln for infrastructure, anti-poverty projects 

  The World Bank agreed Thursday to lend US$ 973.5 million to Vietnam for three poverty reduction and infrastructure projects. The projects are the $613.5-million Da Nang – Quang Ngai Expressway, $210-million Medium Cities Development project, and the $150-million 10th Poverty Reduction Support Credit.  “It is the first time that the World Bank is financing an [...]

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Target affordable housing for urban needy: PM Dung 

January 10, 2012
Target affordable housing for urban needy: PM Dung 

Vietnam's cities and provinces have been ordered to utilize their resources to solve the housing problem for their citizens. Vietnamese Prime Minister Nguyen Tan Dung has ordered the Ministry of Construction to focus on the development of low-cost housing projects as many workers are struggling to find a home. All cities and provinces need to [...]

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Savills exec foresees property market recovery next year 

December 12, 2011
Savills exec foresees property market recovery next year 

  The long slump has caused a shakeout in the Vietnamese property market. Developers with deep pockets have been coping, others have not been so lucky. It is an inevitable rule in any market, Guy Major, national director of residential sales at Savills Vietnam, tells Thanh Nien Weekly in an exclusive interview, and forecasts a [...]

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Vietnam turning to private sector for infrastructure project funding 

November 29, 2011
Vietnam turning to private sector for infrastructure project funding 

Vietnam needs US$15-16 billion a year for its infrastructure projects Vietnam can only meet half of the capital it needs for infrastructure development and will have to seek more invesment from the private sector, according to a report on the government’s website. The country needs US$15-16 billion a year for its infrastructure projects, but the [...]

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Lawmakers question golf courses in Vietnam airports 

November 17, 2011
Lawmakers question golf courses in Vietnam airports 

  Vietnamese lawmakers questioned the safety of projects to build golf courses in Ho Chi Minh City’s Tan Son Nhat International Airport and Hanoi’s Gia Lam Airport at a National Assembly session on Thursday. NA Deputy Vo Thi Dung from Ho Chi Minh City delivered her question to Prime Minister Nguyen Tan Dung about the [...]

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Glut of coastal economic zones stunts growth 

November 17, 2011
Glut of coastal economic zones stunts growth 

  A part of Dung Quat oil refinery in the central province of Quang Ngai. The refinery is the mainstay of the Dung Quat Economic Zone. Coastal economic zones have developed strength in numbers, but failed to pull their weight. They are characterized by sluggish development, low occupancy rates, modest investments and very small contribution [...]

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Lawmakers worried about Vietnam’s public debt 

November 5, 2011
Lawmakers worried about Vietnam’s public debt 

  Vietnam’s public debt will probably be higher than estimated, as the Ministry of Finance has missed including in its calculations several kinds of debt related to the government, lawmakers said at the National Assembly’s meeting on Friday. According to the National Assembly’s Finance and Budget Committee, their review showed that the country’s public debt will [...]

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Vietnam, Japan to open deputy minister defense dialogue 

November 2, 2011
Vietnam, Japan to open deputy minister defense dialogue 

Vietnam Prime Minister Nguyen Tan Dung (L) and his Japanese counterpart Yoshihiko Noda sign a strategic partnership agreement Monday in Tokyo. Vietnam and Japan will open a deputy ministerial level defense dialogue as part of a strategic partnership agreement signed Monday, Vietnam News Agency reported. According to the news agency, the agreement was signed between [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...