Other Briefings
French Company to Develop US$600 Million Road Project in Vietnam
Jun. 28 – French company VINCI Construction Grands Projects recently signed a memorandum of understanding with Deo Ca Investment JSC to develop the Ca Pass tunnel and road project located in the north-south corridor between Ho Chi Minh City and Hanoi. The US$600 million project will make it safer to travel the mountain pass located […]
Singapore’s Capitaland to Double Investments in Vietnam
Jun. 8 – Singapore-based real estate giant Capitaland, the largest developer in Southeast Asia, is planning to double its investments in Vietnam over the next three to five years to US$2.5 billion. New projects will include affordable housing and shopping malls across Vietnam’s key cities like Hanoi and Ho Chi Minh City, Capitaland CEO Liew […]
U.S. Developer Bows Out from International Airport Project
May 24 – American real estate developer Rockingham Asset Management has bowed out of an international airport project in Quang Ninh Province citing lack of funds and human resources. Joinus, a Korean company, expressed interest in the Van Don international airport project and is in negotiations with local authorities for a possible US$2 billion investment […]
Vietnam to Waive Visa Fees for August and September
Apr. 27 – Vietnam will waive visa fees for foreign visitors to the country from August to September as part of the “Impressive Vietnam Grand Sale 2010” campaign. Foreign tourists can claim a refund of value added tax when they buy goods during the two month program. Tourist-related businesses in Hanoi, Danang, and Ho Chi […]
Vietnam Begins Construction of US$33.8 Million Road
Apr. 21- Construction of a 550-meter long road section began in Hanoi on Saturday with an expected cost of VND642 billion, or US$33.8 million. The project is considered the most expensive road to be built in the country, costing more than VND1 billion (US$52,617) per meter and spanning from Cho Dua Gate in Dong Da […]
New Issue of Vietnam Briefing: Managing Human Resources in Vietnam
Apr. 15 – In this issue of Vietnam Briefing magazine we tackle the legal aspects of managing human resources in the country. Many foreign investors move operations to Vietnam to take advantage of its large, skilled and inexpensive labor force. As the economy expands further and more business enters the country, it will increasingly become […]
Foreign Companies Dominate Real Estate Service Market
Apr. 14 – Foreign real estate service providers dominate the market in Vietnam with an estimated 90 percent of market share, reports Vietnam Net Bridge. The top three companies in the industry are foreign players CBRE Vietnam, Savills Vietnam and Colliers, followed by local service providers like Megagroup, Eden, Him Lam and VietRees.
International Trade Fair Opens in Hanoi on April 14
Apr. 13 – The 20th Vietnam International Trade Fair, also called the Vietnam Expo 2010, will be held in Hanoi from April 14-17. The fair will bring together 700 stalls from 400 companies originating in 20 localities all over the country, as well as companies from 17 countries and territories. This year’s theme is “Vietnam […]
Hanoi’s Investment Zones Attracts US$30 Million from January to March
HANOI, Apr. 12 – Investment in the capital city’s industrial zones increased during the first three months of 2010 amounting to US$30 million. The figure is two and half times higher compared to the same period last year comprising of investment licenses to 8 projects: three of them from foreign investors and five from domestic […]
More Labor Inspections Slated for Hanoi Industrial Parks
HANOI, Apr.8 – Local authorities will soon conduct more labor inspections in Hanoi’s industrial parks after a series of worker strikes. In March, 60 Vietnamese workers from Endo Stainless Steel went on strike demanding more pay, subsidies and decreased working hours. “We will launch many inspections of enterprises following signals that workers’ interests have been […]
