vinashin move raises eyebrows

Vinashin move raises eyebrows

The restructuring of the nation’s largest shipbuilder announced last week raised concerns that other state economic groups may be lulled into a false sense of security.
becoming the centre of attention

Becoming the centre of attention

For most foreign investors seeking a suitable location to set up industrial manufacturing factories in Vietnam, northern and southern key economic regions are the most eye-catching places.
golf projects getting caught in the rough

Golf projects getting caught in the rough

Environmental pollution and ineffective land use concerns have caused provinces to reconsider several golf course projects, leaving investors out in the cold.
hand tightens grip over state groups

Hand tightens grip over state groups

The state is tightening its control over state-owned groups. The Ministry of Planning and Investment (MPI) has submitted a draft decree to Prime Minister Nguyen Tan Dung in order to strengthen state ownership rights and improve investment supervision outside core businesses.
buyers confidence sinks but still buoyant

Buyers’ confidence sinks but still buoyant

Despite the fall in Vietnamese consumer confidence over the past six months, Vietnam still ranks in the top 10 most confident countries globally, according to a survey by market researcher AC Nielsen.
testing economic juggling act

Testing economic juggling act

Five months have passed and several major economic issues have not yet been resolved. Despite many measures taken, it seems a stronger medicine is required.
government murky over goods price increases

Government murky over goods price increases

The banning of price rises for the ten essential goods and services the government selected to rein in inflation is expected to end in June, raising a question of what will happen afterwards.
pm dung pours cold water on soes banking ambitions

PM Dung pours cold water on SOEs’ banking ambitions

Prime Minister Nguyen Tan Dung has put his foot down on the growing number of state-owned firms which have been opening joint stock commercial banks.
sia to tune in soes and land

SIA to tune in SOEs and land

The corruption-busting State Inspection Agency is set to focus on land use and the equitisation of state-owned enterprises.
nation has no time to rest on its laurels

Nation has no time to rest on its laurels

Despite runaway inflation, rising fuel prices, widened trade deficit, natural disasters and diseases, Vietnam’s economy still recorded the highest growth in a decade while bringing in a record amount of foreign direct investment.
aviation sector flies high

Aviation sector flies high

As Vietnam’s aviation takes off, giant international aircraft producers are scrambling for profitable contracts. Europe’s Airbus, US-based Boeing, France’s ATR and Canadian aircraft producer Bombardier are competing to sell jetliners to Vietnam.
runway to airport investment

Runway to airport investment

Airport network investment opportunities are to gain wings in Vietnam. According to Civil Aviation Administration of Vietnam (CAAV), Vietnam needs about $2.84 billion for airport infrastructure up to 2015 with $2.73 billion for developing airports during 2016-2020.
danang set for auction

Danang set for auction

Danang’s municipal authorities will auction off prime land it no longer wants to bidders - but there is a catch. Developers will only get the land if they agree to build luxurious office buildings, hotels, residential building or shopping malls.
locals left in firms wake

Locals left in firms’ wake

Vietnam’s rising rate of ships detained abroad has given an edge to international shipping firms in sealing lucrative transport contracts.
air bridge offered to european markets

Air bridge offered to European markets

Cargolux, Europe’s largest all-cargo airline, will officially open its service to Ho Chi Minh City on October 29th, offering an effective bridge for Vietnam’s goods to enter European markets.