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Indochina Kajima invests in 60ha luxury resort in Phu Yen

Indochina Kajima invests in 60ha luxury resort in Phu Yen

Indochina Kajima Development Limited has announced the start of construction for a new luxury resort at Bai Nom beach, Phu Yen province.

MoT chose lotus-inspired design for Long Thanh airport

The Ministry of Transport of Vietnam has decided the lotus design for Long Thanh international airport.

PetroVietnam (PVN) demanded to seriously tackle five loss-making projects

Prime Minister (PM) Nguyen Xuan Phuc demanded PVN leadership to justify and come up with solutions for five loss-making projects.

Vietnam is about to have another 100% foreign-owned bank

On July 19, the Governor of State Bank of Viet Nam (SBV) Le Minh Hung on Wednesday gave approval in principle to the Singapore’s United Overseas Bank Limited (UOB) to open a 100% foreign owned bank in Viet Nam.

Hanoi plans to ban motorbikes by 2030

The leadership of the capital of Viet Nam is considering to ban motorbikes by 2030 though such a type of vehicle is the means of transportation most commonly used by the metropolis’ citizens.

PM to approve the proposal to establish Van Don special economic zone

Prime Minister (PM) Nguyen Xuan Phuc demanded the local authorities to allocate their own budget and other funding methods to develop Van Don as a special economic zone, according to source released by the Government Office on last July 17.

ADB to assist Da Nang City in developing waste treatment

On July 18th, 2017, the Asian Development Bank (ADB) and the Da Nang City People’s Committee signed a transaction advisory services agreement to develop a new land fill and a waste treatment facility.

Deputy Minister of Industry and Trade to face disciplinary actions

“The decision of Central Inspection Commission of the Communist Party of Vietnam on the case of Ho Thi Kim Thoa is duly respected” - the spokesman of Ministry of Industry and Trade quoted.

Interbank interest rates fall sharply

Interbank interest rates have fallen to the lowest level since the beginning of the year.

ASEAN countries to lead Vietnam’s car imports

Thailand and Indonesia’s automobiles are gaining momentum in Vietnam.

Adjustments in interest rates to affect the economy

The recent reduction in interest rates of the State Bank of Vietnam (SBV) is expected to stimulate the real estate market.

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