Vietnam Business News

---

• Businesses to take part in VN-China Border Trade Fair
• Economic prospects between Vietnam and Hungary
• Mining could kill Binh Thuan’s tourism
• Hydro plant milestone hailed
• Work starts on Ocean Window development
• Firms buy back shares at deflated prices
• Real estate trading inspections begin
• Highrise building ban casts pall over apartment market
• Industrial zones set for completion in 2020
• Expo eyes quality of Mekong producers

Businesses to take part in VN-China Border Trade Fair Posted: 20 Aug 2010 08:44 PM PDT Between 200 and 250 Vietnamese businesses will take part in the 2010 Vietnam-China Border Trade Fair to be held in Hekou, China from November 26-30. The trade fair, dubbed "Trade-Investment-Exchange-Cooperation", will have 800-1,000 stands displaying agriculture and aquaculture products, machinery, natural materials, chemicals, building materials, electronics, housewares, garments and textiles, furniture, handicraft, and other services to [...]

Economic prospects between Vietnam and Hungary Posted: 20 Aug 2010 08:44 PM PDT The Ho Chi Minh City Union of Friendship Organisations held a ceremony on August 20 to celebrate the National Day of Hungary. Attending the event were Vizi Laszlo, Hungary's ambassador to Vietnam, city leaders, and individuals who have studied and worked in Hungary. Speaking at the ceremony, Ambassador Laszlo emphasised that the year 2010 marks the 60th [...]

Mining could kill Binh Thuan’s tourism Posted: 20 Aug 2010 08:41 PM PDT More than 410 tourism projects in central Binh Thuan Province have been seriously affected by titanium-exploitation projects, which are polluting coastal areas. According to the provincial Department of Culture, Sports and Tourism, Bac Binh District’s Hoa Thang Commune is one of several locations where titanium exploitation has damaged tourism projects. At contiguous areas near Hon Rom – [...]

Hydro plant milestone hailed Posted: 20 Aug 2010 08:41 PM PDT A thousand-tonne Rotor, the most critical part of the Son La hydro electric plant’s Tourbine No.1, has been successfully installed, the project management unit announced. The Rotor, which has a diameter of 15.8 metres and a height of 3.2 metres, is the heaviest rotor in Viet Nam, according to the project management unit. The successful installation of [...]

Work starts on Ocean Window development Posted: 20 Aug 2010 08:40 PM PDT Eurowindow Nha Trang Investment and Tourism Joint Stock Co broke ground on the Ocean Window Spa and Resort on Wednesday. The 34.2-ha project has VND1 trillion (US$51.28 million) in investment capital. It will include a five-star hotel, spa, restaurant and bar, shopping centre, events’ centre, sports centre and beaches. The resort, in central Khanh Hoa [...]

Firms buy back shares at deflated prices Posted: 20 Aug 2010 08:39 PM PDT A number of listed companies have announced offers to buy back shares since recent market declines have driven their share prices below valuation. Pomina Steel Corp (POM) has registered to buy back 9 million shares, while Vinh Son-Song Hinh Hydropower Co (VSH) will buy back 4 million. Three other companies have also declared their intent to buy [...]

Real estate trading inspections begin Posted: 20 Aug 2010 08:39 PM PDT A delegation led by officials from the ministries of Public Security and Construction has started to inspect the operation of real-estate transaction floors in Ha Noi and HCM City. The main subjects of the inspection are floors managed by groups, corporations and companies that are carrying out the construction of new urban areas. The inspection would focus [...]

Highrise building ban casts pall over apartment market Posted: 20 Aug 2010 08:37 PM PDT Sales of older high-rise apartments remain sluggish in Ha Noi, with buyers shopping carefully to avoid possible losses in the face of an outstanding Government decision issued in 2007 to require all older apartment blocks in the capital city to be rebuilt. Since then, the prices of older apartment units in four districts , including Hai [...]

Industrial zones set for completion in 2020 Posted: 20 Aug 2010 08:37 PM PDT Prime Minister Nguyen Tan Dung has approved the Cuu Long (Mekong Delta) province of Vinh Long’s proposal to establish three new industrial zones by 2020. “The Binh Tan and Dong Binh zones will be constructed in 2011-15 while the An Dinh zone will be built in 2016-20,” said Vu Ngoc Tung, deputy director of the provincial [...]

Expo eyes quality of Mekong producers Posted: 20 Aug 2010 08:36 PM PDT Forty-five companies are participating in a four-day fair in the Mekong Delta province of Tien Giang as part of a national programme to promote high-quality goods in the rural market. The event is part of the Ministry of Industry and Trade’s programme of bringing Vietnamese-made goods to rural areas. The fair, held in Cai Lay and Go [...]

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610