Frustrated by inconsistent government policy, companies in the APAC region are taking the lead and calling for intercompany coalitions to advance sustainability goals.
IFC is pledged to continue working on mobilising finance and unlock private sector solutions to help Vietnam become a modern dynamic middle-income country and realise its renewable energy goal.
Major investments from Japanese and Korean companies are expected to outline a modern urban centre in the western area of Hanoi's West Lake.
A joint venture between FLC Group and Lotte Land has been formed in early June with a chartered capital of over $24 million to invest in a real estate project in Hanoi.
It is the first time the Ho Chi Minh City-based property developer has appointed a foreign contractor for its high-end projects.
Thanh Cong Group has restructured its business with the ambition to expand into real estate following its success in the automobile industry.
The South Korea's two leading corporations in the field of retail and entertainment services namely E - Mart and CJ are currently carrying out their large sized investment projects located in STARLAKE urban area.
Phu Long Real Estate JSC, which is part of billionaire Phuong Thao’s Sovico Group, received VND2.3 trillion (US$ 101.4 million) of additional capital before acquiring a 50 per cent stake in Splendora urban project and replacing Korean investor Posco E & C.
The Finance Ministers of the economies of Asia-Pacific Economic Cooperation (APEC Finance Ministers), convened the meeting in Hoi An, Viet Nam on 21 October 2017 under the chairmanship of H.E. Dinh Tien Dung, Minister of Finance of Viet Nam.
