BIM Land to get 87.5 million USD loan from IFC Business

BIM Land to get 87.5 million USD loan from IFC

The BIM Land Joint Stock Company, a property developer under the BIM Group, has reached a deal with the International Finance Corporation (IFC), a member of the World Bank Group, for an 87.5 million USD loan to develop tourism infrastructure in Vietnam and Laos.
New infrastructure approved for Thu Thiem resettlement area Society

New infrastructure approved for Thu Thiem resettlement area

The HCM City government has given approval to a local property developer to build technical infrastructure on three land lots covering 38.4 hectares for resettlement of residents in the Thu Thiem New Urban Area in District 2’s Binh Khanh Ward.
Da Nang licenses 419mln USD in new projects Business

Da Nang licenses 419mln USD in new projects

The People’s Committee of the central city of Da Nang said it had granted licences to seven foreign direct investment projects worth 419.4 million USD, and agreed investment research for 15 other projects worth an estimated 2.6 billion USD.
Bamboo Airways to open RoK, Taiwan routes Business

Bamboo Airways to open RoK, Taiwan routes

Bamboo Airways has submitted a proposal to the Civil Aviation Authority of Vietnam on the opening of flight routes from Hanoi and HCM City to the Republic of Korea and Taiwan in 2019.
HoSE listing remains a gamble Business

HoSE listing remains a gamble

The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market.