Sunday, October 6, 2013

The Business Times: US developer leaves anger in Vietnam

The Business Times: US developer leaves anger in Vietnam

Link to Vietnam Business News

US developer leaves anger in Vietnam

Posted: 06 Oct 2013 01:08 AM PDT

As Vietnam’s first property boom crashed around him, American developer Edward Chi kept promising investors their flashy apartments were on track. The businessman even told them he would sell his California properties to pay them back if construction stopped on projects that were heavily marketed by a well-known American real estate company. But Chi ducked [...]

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Half of land disputes in Vietnam unresolved: survey

Posted: 06 Oct 2013 12:14 AM PDT

About half of land disputes and environment-related complaints in Vietnam last year were unresolved and pending state action, according to Vietnam’s first justice index report. The Vietnam Justice Index 2012 released Thursday in Hanoi by the United Nations Development Program (UNDP) and Vietnam Lawyers” Association showed that nearly half of respondents polled said land disputes [...]

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Time of huge-capital investments

Posted: 05 Oct 2013 11:48 PM PDT

Very few investment deals in Vietnam have been announced over the last three years. Only the news about the capital withdrawals appear on local newspapers. The Vietnamese market once witnessed the investment wave 6-7 years ago, when investment funds like IDG Ventures, Mekong Capital, Dragon Capital, VinaCapital, BankInvest poured money into private businesses Meanwhile, very [...]

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‘New approach’ needed to capitalise on trade growth

Posted: 05 Oct 2013 11:29 PM PDT

With trade becoming a major contribution to economic growth, Vietnam 's future export growth must be based on enhancing competitiveness and capturing greater value addition, experts have urged. At a workshop held in Ho Chi Minh City on October 4, representatives of the World Bank and the Vietnam National Committee for International Economic Cooperation discussed [...]

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HCM City considers calling for “new styled” PPP investment

Posted: 05 Oct 2013 11:23 PM PDT

Calling for non-state investment sources to develop infrastructure projects is now the top priority for HCM City. HCM City has sent a document to relevant ministries, asking for the permission to call for PPP (private public partnership) investments in some key projects, including the Rach Chiec Bridge, the road linking the east belt road with [...]

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Mini supermarkets, convenience stores on the rise

Posted: 05 Oct 2013 11:18 PM PDT

With an impressive growth rate in less space and smaller capital requirement, convenience stores and mini-supermarkets are finding favour with investors. The Sai Gon Giai Phong newspaper reports. Explaining the reason for switching from shopping in a big supermarket to a mini one near her house, Bui Thu Thao in District 1 said she can [...]

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Vietnam helps Laos develop coffee

Posted: 05 Oct 2013 11:15 PM PDT

Thanh Hoa calls for more investment

Posted: 05 Oct 2013 11:13 PM PDT

A senior official from the central province of Thanh Hoa- which was leading the the rest of the country in terms of foreign direct investment attraction as of August 20 – has called for more investment. Deputy Chairman of the provincial People's Committee Nguyen Dinh Xung made the call while talking with local businesses in [...]

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Foreign airlines eye Vietnam

Posted: 05 Oct 2013 01:31 AM PDT

A selection of international airlines including Etihad Airways (Middle East), SpiceJet (India), Ethiopian Airlines (Ethiopia), and a South African carrier have all foreshadowed plans to begin flights to Vietnam in response to growing customer demand. Nok Air, a Thai low-cost carrier, recently announced its intention to conduct flights between Bangkok and Hanoi and Ho Chi Minh [...]

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