raft of mega projects lay idle

Raft of mega projects lay idle

Many billion-dollar foreign-invested projects in Vietnam that have leased large swaths of land are progressing at a snail’s pace, which has roused public concern.
government resolute to maintain development targets

Government resolute to maintain development targets

Despite a difficult context, the government has committed to not revise this year’s socio-economic development targets.
samsung agrees 1bn bac ninh expansion plan

Samsung agrees $1bn Bac Ninh expansion plan

South Korean electronics giant Samsung is ramping up its investment in Vietnam as part of its plan to turn the country into its complete global manufacturing base.
hanoi court sentences former acb chairman kien to 30 years

Hanoi court sentences former ACB chairman Kien to 30 years

Asia Commercial Bank (ACB) co-founder and former deputy chairman Nguyen Duc Kien and his accomplices have received the final verdict from the Hanoi People’s Court.
samsung exploring raft of major investments in vietnam

Samsung exploring raft of major investments in Vietnam

Korean giant Samsung group has expressed interest in several major projects including the Vung Ang 3 thermo-power plant, the Long Thanh international airport, and Long Son petrochemical complex.
incentivising vietnams cleaner greener future

Incentivising Vietnam’s cleaner, greener future

Vietnam is gearing up its efforts to create a green economy. But existing incentives to motivate firms are generally insufficient.
fdi helps bolster support industry development

FDI helps bolster support industry development

The growing visibility of global giants such as Samsung and Nokia in Vietnam reveals great opportunities for the country to spur local development of supporting industries.
jailed ex vice chairman of vietnam bank rejects charges again

Jailed ex-vice chairman of Vietnam bank rejects charges, again

Former Vietnamese banking tycoon Nguyen Duc Kien once again told a Hanoi court on Tuesday that he has been indicted wrongfully and insisted that the indictment over him is incorrect.
trial of former acb bank official reopens

Trial of former ACB bank official reopens

The Hanoi People’s Court reopened the trial of Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB) on May 20, after it was postponed due to the absence of one of his alleged accomplices.
nam van phong refinery still in infancy six years on

Nam Van Phong refinery still in infancy, six years on

Six years since being licensed, the Nam Van Phong oil refinery is still calling for investment capital as its scale has nearly doubled requiring a total $8 billion investment.
delayed projects on the chopping block

Delayed projects on the chopping block

Localities nationwide are intensifying efforts to create a healthy climate for and speed up the pace of investment.
quang ngai revokes ip license

Quang Ngai revokes IP license

Quang Ngai People’s Committee just decided to return nearly VND1 billion ($47,600) to Tan Tao Group after its license for building the Pho Phong Industrial Park project was revoked.
nha trang bay luxury resort project still faces delay

Nha Trang Bay luxury resort project still faces delay

Nearly a year after getting its new investment certificate, the multi-million dollar Nha Trang Bay luxury resort project has yet to restart construction, though the new developer committed to starting operations within two years.
tycoon nguyen duc kien stands trial

Tycoon Nguyen Duc Kien stands trial

Tycoon Nguyen Duc Kien, former vice chair of ACB Bank, is in court today facing charges of major crimes that caused huge losses to a local bank.
mogul kien pleads innocent

Mogul Kien pleads innocent

Former vice chair of ACB Bank, Nguyen Duc Kien, denied the charges against him by the Supreme People's Procuracy and demanded to confront several people related to the case.