Hanoi led Vietnam in foreign direct investment (FDI) inflow in the first nine months of 2018 with more than 6.26 billion USD, a 5.4-fold rise from the same period last year, according to a local official.
Some 50,000 apartments will soon be available for Vietnamese workers at industrial clusters at a starting price of 150 million VND (6,400 USD) apiece, according to the Vietnam General Confederation of Labour (VGCL).
Ho Chi Minh City will adopt incentives to encourage the private sector to develop social housing for sale and rent due to the city’s shortage of affordable homes for low-income families and industrial park workers.
Improvements in investment climate have made the Mekong Delta province of Tra Vinh more magnetic to investors, said a local official.
The northern coastal province of Quang Ninh has outlined comprehensive measures to attract key projects in trade, aiming to become a leading service centre in the country.
Vietnam’s first-ever high speed train running from Hanoi to HCM City is projected to cost more than 58 billion USD, project consultants unveiled on August 28.
Prime Minister Nguyen Xuan Phuc said that the southern province of Tay Ninh boast huge potential to become a national hub for high-quality agricultural production.
Vietnam has been advised to carefully consider whether to borrow official development assistance (ODA) loans in the future.
The important task of renovating and rebuilding dilapidated apartment buildings in Hanoi has faced several obstacles related to planning, land clearance, and profits for investors and residents, Ha Noi Moi (New Hanoi) newspaper has reported.
Renewable energy is a popular trend in the energy sector while fossil fuel and hydro power are winding down. Yet, it hasn’t received due attention from investors and relevant agencies.
Ho Chi Minh City’s Department of Industry and Trade met with more than 50 experts, researchers and business leaders at a meeting on August 3 to discuss solutions to develop the city’s main products in the trading and services sector.
Hanoi is striving to make efficient use of foreign loans, including official development assistance (ODA), to fuel socio-economic development, especially the building of a synchronous transport infrastructure network.
The real estate sector in the central province of Quang Ngai has strong potential to grow, thanks to its geographic attributes but still-low property prices that appeal to investors.
Most construction projects in the northern port city of Hải Phòng are running well above their initial cost estimates, with the cost hikes in some cases reaching thousands of billions of VND, according to a recent inspection by the Government Inspectorate.
The Airports Corporation of Vietnam will source about 74 million USD from its development capital to build the T2 passenger terminal at Phu Bai international airport.
Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth 206.58 million USD in the first half of 2018, up 3.29 percent from the same period last year.
The Airports Corporation of Vietnam (ACV) will source about 1.7 trillion VND (74.1 million USD) from its development capital to build the T2 passenger terminal at Phu Bai international airport in the central coastal province of Thua Thien-Hue.
The Ministry of Agriculture and Rural Development is seeking approval from the Government to build a Vung Tau – Go Cong sea dyke in an effort to combat waterlogging in Ho Chi Minh City.
