north south rail line upgrade kicks off

North-South rail line upgrade kicks off

A consortium between contractors from Japan and Vietnam have started construction on upgrading six railway line bridges in Quang Ngai province, expected to improve the safety and shorten the traveling time of the Hanoi-Ho Chi Minh City route.
philand ranh backs out of 30m pointe91 deal

Philand Ranh backs out of $30m Pointe91 deal

Philand Ranh, a subsidiary of the US’ Phil Group, plans to withdraw from a luxury resort in the Chu Lai Economic Zone due to construction delays.
sumitomo red tape tangle delays power plant project

Sumitomo red tape tangle delays power plant project

Three years after announcing new investment in a coal-fired power plant in Van Phong economic zone, Sumitomo Corporation remains engulfed in red tape.
vietnam consumer confidence reaches annual peak

Vietnam consumer confidence reaches annual peak

Consumer confidence in Vietnam rose two points to 97 in the third quarter as more Vietnamese consumers felt great security in terms of their job prospects and state of personal finance over the next year, reported the latest Consumer Confidence Index analysis by global information and measurement company Nielsen.
bridgestone to pump 12 billion into vietnam

Bridgestone to pump $1.2 billion into Vietnam

Japan’s Bridgestone Corporation, the world’s largest rubber and tyre manufacturer, last week received an investment certificate for doubling its total investment in Vietnam to $1.22 billion to meet rising global demand.
auto firms given stability promise

Auto firms given stability promise

Foreign investment is expected to increase in Vietnam’s automobile industry in the coming years as the government explores measures to expand the local market.
ppp framework gets tidy up

PPP framework gets tidy-up

The Ministry of Planning and Investment has proposed that the Vietnamese government combine two documents guiding a wide range of investment models in the infrastructure sector in order to provide a more robust legal framework.
austrian firm looks to cash in on quang ninh casino

Austrian firm looks to cash in on Quang Ninh casino

Vienna-headquartered Casinos Austria, one of the largest casino operators in the world, has joined the list of foreign firms eager to invest in an integrated casino resort in Quang Ninh province, which may become the first in the country to allow Vietnamese nationals to gamble.
japanese investors encourage policy improvements

Japanese investors encourage policy improvements

Japanese investors are urging the Vietnamese government to further improve the investment climate to attract Japan’s small and medium-sized enterprises.
anz ranked best for fx products and services in vietnam

ANZ ranked best for FX products and services in Vietnam

ANZ has been ranked the best foreign forex provider in Vietnam Asiamoney magazine for the second year in a row in two categories.
vietjetair schedules 91 billion fleet improvement

VietJetAir schedules $9.1 billion fleet improvement

Low-cost carrier VietJetAir last week signed a strategic partnership agreement with China Construction Bank and CCB Financial Leasing Corporation Limited to fund its ambitions of becoming a multi-national aviation group.
nearly 5 billion committed to thanh hoa by private investors

Nearly $5 billion committed to Thanh Hoa by private investors

Domestic and foreign investors pledged to invest approximately $5 billion in Thanh Hoa province during the forum on investment promotion to Nghi Son Economic Zone and surrounding areas today.
nghi son refinery breaks ground

Nghi Son refinery breaks ground

Construction on the Nghi Son oil refinery and petrochemical complex kicked off today as a joint venture between PetroVietnam, Kuwait Petroleum International, Japan’s Idemitsu Kosan and Mitsui Chemicals in the central Thanh Hoa province.
new guidelines set to streamline investment

New guidelines set to streamline investment

An inter-ministerial circular is set to be issued next month to simplify administrative procedures for investors and improve the investment climate.
citi launches e for education

Citi Launches e for Education

Citi has just announced the launch of e for Education, a three-month initiative to raise funds for education-related nonprofits around the world.