The Business Times: Real estate sector ranks second in FDI attraction

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• Real estate sector ranks second in FDI attraction
• Japanese businesses eye the Mekong River Delta region
• Vietnam-Russia trade ties spotlighted
• Dung Quat Oil Refinery sets new safety record
• City sees growth ebb as focus shifts
• New land-use fees could thaw property market
• Vietnam amends investment law to boost efficiency
• Chinese to help Vietnamese boost farm exports to China?
• Foreign investment funds’ tough days over
• Sale declines, motorbike manufacturers still set hope on VN market

Real estate sector ranks second in FDI attraction Posted: 15 Apr 2014 12:17 AM PDT With Sun Wah involved in a major residential project in Ho Chi Minh City, the nation's foreign direct investment (FDI) capital flows into the real estate sector ranked second in the first quarter, The Saigon Times Daily has reported. According to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, a Hong […] The post Real estate sector ranks second in FDI attraction appeared first on Vietnam Business News.

Japanese businesses eye the Mekong River Delta region Posted: 15 Apr 2014 12:17 AM PDT The Steering Committee for South-western region chaired a meeting with local leaders of the Mekong River Delta region in Can Tho city on April 15, discussing the agenda for a meeting with Japanese businessmen early next week. Addressing the event, standing Steering Committee Deputy Head Nguyen Phong Quang said that from April 21-23, representatives from 40 leading Japanese businesses […] The post Japanese businesses eye the Mekong River Delta region appeared first on Vietnam Business News.

Vietnam-Russia trade ties spotlighted Posted: 15 Apr 2014 12:15 AM PDT Two-way trade turnover between Russia and Vietnam is growing dramatically, three times higher the world's average figure, said Russian Deputy Minister of Economic Development Alexei Likhachev. The Russian news agency Itar-Tass quoted Likhachev as saying on April 14 that bilateral trade was valued at US$4 billion last year, and is expected to hit US$5 in the near future. He […] The post Vietnam-Russia trade ties spotlighted appeared first on Vietnam Business News.

Dung Quat Oil Refinery sets new safety record Posted: 15 Apr 2014 12:14 AM PDT The Dung Quat Oil Refinery and affiliates on April 15 welcomed an important milestone, working for 600 consecutive days and nights in a safe, stable and effective manner. Since it began operations, the Dung Quat Oil Refinery Plant has produced and sold 26.7 million tonnes of products, earning VND543,000 billion and contributing over VND86,000 billion […] The post Dung Quat Oil Refinery sets new safety record appeared first on Vietnam Business News.

City sees growth ebb as focus shifts Posted: 15 Apr 2014 12:03 AM PDT HCM City is set to see a slowdown in economic growth from 2016 onwards, a master plan approved by the Government acknowledges. The socio-economic development plan for the city — and the Southern Focal Economic Zone – released at a conference yesterday for until 2020 envisages growth of 9.5-10 per cent a year between 2016 […] The post City sees growth ebb as focus shifts appeared first on Vietnam Business News.

New land-use fees could thaw property market Posted: 14 Apr 2014 11:58 PM PDT Property companies are urging HCM City authorities to reduce land-use fees to turn around the stagnant property market. During a meeting last week between the city administration and local property companies, property investors asked local agencies to change how the fees are assessed. Under Decree No 69 enacted in 2009, fees are based on the […] The post New land-use fees could thaw property market appeared first on Vietnam Business News.

Vietnam amends investment law to boost efficiency Posted: 14 Apr 2014 11:53 PM PDT The amended Law on Investment will have regulations for the strict management of projects with large amounts of registered capital, according to Deputy Minister of Planning and Investment Nguyen Chi Dung. Dung noted that after eight years of implementing the existing Law on Investment, the law still has many weak points, including regulations on investment […] The post Vietnam amends investment law to boost efficiency appeared first on Vietnam Business News.

Chinese to help Vietnamese boost farm exports to China? Posted: 14 Apr 2014 11:50 PM PDT The Ministry of Industry and Trade (MOIT) is considering hiring Chinese consultants to helping Vietnam increase farm exports to the vast Chinese market. A recent story about hundreds of watermelon-laden trucks getting stuck at the border on their way to China has caused a public outcry. Farmers in the central provinces now weep bitterly because […] The post Chinese to help Vietnamese boost farm exports to China? appeared first on Vietnam Business News.

Foreign investment funds’ tough days over Posted: 14 Apr 2014 11:48 PM PDT After experiencing their toughest days in the period of 2008 to 2011, foreign investment funds saw the "light at the end of the tunnel" in 2012. And now they confidently say that the worst days are over. Brighter days ahead VinaCapital, Dragon Capital and Mekong Capital are preparing to raise new funds as the Vietnamese […] The post Foreign investment funds' tough days over appeared first on Vietnam Business News.

Sale declines, motorbike manufacturers still set hope on VN market Posted: 14 Apr 2014 11:47 PM PDT More and more motorbike manufacturers have come to Vietnam. More and more motorbike models have been marketed. However, many products have been unsold, while the market is believed to be reaching a saturation point. Motorbikes left unsold Motorbike dealers are complaining that they incurred big losses in 2013, and cannot see any improvement in 2014. […] The post Sale declines, motorbike manufacturers still set hope on VN market appeared first on Vietnam Business News.

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