JICA speeds up ODA projects in Vietnam Business

JICA speeds up ODA projects in Vietnam

A representative from the Japan International Cooperation Agency (JICA) has said his agency will accelerate the process of Japanese ODA-funded projects in Vietnam .

Vietnam’s real estate project contributes to Laos’ development

The real estate and golf course project in the outskirts of Vientiane, Laos, funded by Vietnam’s Long Thanh Golf company, is aimed at implementing Lao government’s policy to improve people’s living standard and develop the country, said Anouphab Tunalom, Vientiane’s deputy mayor, on February 17.

PM approves eastern highway

An eastern north-south freeway that travels a distance of more than 1,811 kilometres from Hanoi to the Mekong Delta capital of Can Tho received approval from Prime Minister Nguyen Tan Dung last week.

Spanish firm to build three airports

Spanish airport builder Garuda Group is expected to pump 15 billion USD into the construction of three world class airports in Vietnam , following an agreement to be signed in HCM City on Jan. 20.

Vietnam looks to invest more abroad

Investment outflow of Vietnamese businesses into foreign countries and territories is expected to increase with a yearly average of 500 million USD, according to the Ministry of Planning and Investment (MPI)’s Foreign Investment Agency.

Last year saw a wave of Vietnamese foreign investment. Deputy head of the department, Bui Quoc Trung, said Vietnam invested in 457 projects with 7.2 billion USD in over 50 countries and territories. The figures reached 143 percent of set targets and over twice as much as the total investment between 1989 and 2008.

Open door for PPP investment model

About 10 infrastructure projects in areas of expressway, hi-speed railway and seaport request funding under the Public-Private Partnership (PPP) form, said the Ministry of Transport (MoT).

Dong Nai attracts investment

Dong Nai province is one of the top southern provinces attracting domestic and foreign investment in port and hotel projects and is becoming a major investment destination, according to the Ministry of Planning and Investment.

SCIC plans massive share sell-off

The State Capital Investment Corporation (SCIC) plans to reduce its stake in 200 enterprises, in which it represents the State as a shareholder. The SCIC is now managing State stakes in many small enterprises in which State holdings were unnecessary, said Minister of Finance Vu Van Ninh.