Phu Yen is determined to address chronic site clearance problems that have delayed investment inflows to this central coastal province.
The Ministry of Planning and Investment is expecting a new wave of private investments into developing the country’s infrastructure network after the specific guidance on public-private partnership model and investor selection procedures are released.
Economist Intelligence Unit (EIU) has just issued a global report of The New Wealth Builders, which is sponsored by Citi, revealing that the new wealth builders in Vietnam will grow 34.9 per cent in period of 2014-2020.
Minister of Planning and Investment Bui Quang Vinh has affirmed that his ministry would propose the government to introduce bold measures in order to enforce a more serious implementation of the newly amended laws on Investment and Enterprise by state officials.
The government has just issued a long-awaited decree on public private partnership investment modes, replacing previous decrees intending to promote private investment in infrastructure to boost economic growth.
Citi has just announced a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of climate change and create environmental solutions that benefit people and communities.
The selection of investors for the Van Don airport and an integrated casino and resort complex in the northern province of Quang Ninh is nearing its conclusion as the local people’s committee will make a final decision shortly to allow the construction of both landmark projects in April.
Thailand’s Amata Corporation has asked for special incentives from the Vietnamese government for investment projects located inside its proposed $2 billion hi-tech park and township complex in the northern province of Quang Ninh.
The Eurozone crisis may hamper investments from Eurozone nations to Vietnam, as the euro’s depreciation makes investments in Vietnam more expensive.
Industrial land and township developer VSIP will expand the first phase of its VSIP Quang Ngai amid rising investments in the central region.
Despite the fifth consecutive quarter of declining operating profits, Samsung Electronics remains committed to maintaining its multi-billion dollar investment plan in Vietnam, which is its biggest manufacturing base in the world.
Amid the shortage of skills in the Vietnamese workforce, many foreign companies have invested in training courses in the Vietnamese education system to bring about improved workforce quality and productivity.
Hi-tech inward investments are expected to surge following the issuing of a new government shortlist of prioritised technologies and hi-tech products and eased criteria for enterprises to enjoy the most preferential incentives.
Truong Hai Auto Corporation’s dream for manufacturing auto engines has come to an end – at least temporarily – with Chu Lai Economic Zone Management Authority revoking the investment certificate for its engine manufacturing project.
Thai industrial land developer Amata Corporation PLC is planning to study a new project in Binh Dinh province, where Thailand’s national oil and gas firm PTT has earmarked for the construction of its $22 oil refinery and petrochemical complex.