hcmc leaders inspect key infrastructure projects

HCMC leaders inspect key infrastructure projects

Ho Chi Minh City Party Committee Secretary Le Thanh Hai, People’s Committee Deputy Chairman Nguyen Huu Tin and relevant agencies on March 28 inspected the construction progress of Nguyen Hue Street upgrading and Tan Hoa-Lo Gom cleanup projects.
investors withdraw from parking lots

Investors withdraw from parking lots

Nguyen Huu Tin, deputy chairman of the HCM City People's Committee, has instructed the Department of Transport and other relevant agencies to work together to draft preferential policies for attracting investment in underground parking lots in the downtown area.
vingroup advances 516 million for hcmc infrastructure

Vingroup advances $51.6 million for HCMC infrastructure

Vingroup plans to advance VND1.1 trillion ($51.6 million) to improve the transport infrastructure serving its Tan Cang urban complex project. The amount will include VND800 billion ($37.7 million) to expand Ung Van Khiem road and VND300 billion ($14.1 million) to upgrade Nguyen Huu Canh road.
state bank exec discusses credit rating system development

State Bank exec discusses credit rating system development

Deputy General director of the State Bank of Vietnam’s Credit Information Centre Nguyen Huu Duong reaffirms the need to implement an effective internal credit rating system to help banks boost lending.
apartment buyers denied land rights

Apartment buyers denied land rights

Hanoi - More than 36,000 apartment buyers in Ha Noi have been denied vital land-use right certificates because the sellers have not completed legal documents, said vice director of the city's Natural Resources and Environment Department, Nguyen Huu Nghia.
da nang roadways turn showrooms for desperate car sellers

Da Nang roadways turn showrooms for desperate car sellers

It looks like a big, month-long event is ongoing on Nguyen Huu Tho Street in the coastal city of Da Nang as it is daily packed with a long line of sedans, silently and neatly queuing in the roadway.
na member reviews procurement law

NA member reviews procurement law

Last week the revised Law on Public Procurement was adopted by the National Assembly. Nguyen Huu Quang, member of the NA’s Financial and Budgetary Committee said it is now on par with the country’s bidding management requirements.
vamc revs up for bad debt challenge

VAMC revs up for bad debt challenge

The Vietnam Asset Management Company (VAMC) would officially begin activities from July 26 this year with the task of helping resolve bad debts and boost credit growth in Vietnam. At its launch ceremony last week, VAMC general director Nguyen Huu Thuy spoke with VIR’s Nguyen Trang about its operations and prospects of impact on the economic picture.
cementing sectors future

Cementing sector’s future

Nguyen Huu Quang, National Assembly (NA) Finance and Budget Committee member and deputy general director of state cement conglomerate Vicem, puts VIR in the picture about the budget revenue situation and advocates for lower taxes to support under fire firms.
thua thien hue to focus on iz development

Thua Thien-Hue to focus on IZ development

Central Thua Thien-Hue province has made 2012 the year for promoting investment into its industrial zones (IZs). VIR talks with Thua Thien Hue Industrial Zones Management Authority head Nguyen Huu Tran to shed some light on the move.
call for more foreign investment in banks

Call for more foreign investment in banks

The State Bank of Vietnam (SBV) has asked the government to allow foreign investors to buy more shares in commercial banks, acting Chief Inspector of the State Bank of Vietnam, Nguyen Huu Nghia, told Vietnam News on August 7.
foreign investors back in party mode

Foreign investors back in party mode

Cash-rich foreign portfolio investors are making the most of the current attractive Vietnamese stocks valuations, but it remains to be seen how long they will stay at the party.

Analysts see bright future for bank stocks

Banking shares’ low valuations are offering opportunities for investors as the sector earnings are expected to grow substantially this year.
wwf urged to reconsider tra fish production claims

WWF urged to reconsider tra fish production claims

The Vietnam Association of Seafood Exporters and Producers (VASEP) wants the Worldwide Fund for Nature to ask its European-based members to reconsider the decision to put tra fish on their Red List, its deputy director Nguyen Huu Dung said yesterday.

Potential CPI rise is spooking investors

Equities investors are wary of further high consumer price index numbers.