Archive for August 4th, 2008

Ho Chi Minh City is seeking investment in hi-tech, environmentally friendly projects to meet development demand in the next two years, according to the city’s Planning and Investment Department.Hardware, software development and production of electronic parts as well as precision engineering are all part of the city’s plan.Multibillion dollar projects this year included the [...]

– Vietnam expects to export 3.5 million tonnes of rice in the first nine months of the year with the August volume estimatedly hitting 400,000 tonnes. At present, the price of Vietnamese rice ranges between 620-630 USD per tonne, while that of Thai rice, from 700-720 USD per tonne in the world market. According to [...]

Smaller apartments may be the next big thing in HCM City’s real estate market, as developers realise this segnment has been overlooked for quite a while.Speaking at a seminar on adapting to changes in the residential market, Marc Townsend, managing director of the real estate service firm CB Richard Ellis Vietnam, said there was [...]

A wholly Taiwanese owned cement factory in central Thua Thien-Hue province has been allowed to raise its total capacity to 4 million tonne per year. The factory will invest 130 million USD in assembling a 5,000-tonnes-of-linker-per-day production line to reach the target. The factory’s products, named Kim Dinh, were sold throughout provinces and cities [...]

Minister of Industry and Trade Vu Huy Hoang has issued regulations on the operation of markets located near the country’s borderline, at the border gates and in border gate economic zones. According to the regulations, those who are allowed to do business at these markets include Vietnamese citizens living in border areas and citizens [...]

The Ministry of Industry and Trade said it has applied automatic import licensing on a number of goods.The beneficiary commodities under Decision 24/2008/QD-BCT include vegetables, coffee, tea and spices; fat and vegetable oil; meat and fish products; sugar and confectionary; cereal and milk products; and drinks and alcohols.Perfumes and cosmetics; plastics and plastic products; [...]

– Thailand’s Seamico Securities plans to form a joint venture with a Vietnamese partner to expand business opportunities in Indochina, the company’s Chief Executive Officer said.Seamico CEO Chaipatr Srivisarvacha said the company was in talks to take up to a 50 percent stake in one of three Vietnamese brokers, according to local media on [...]

The Spanish Agency for Development Cooperation (AECI) will provide 540,560 EUR as non-refundable aid for the second phase of a project to build policies supporting the development of small- and medium-sized enterprises (SMEs) in the agricultural sector. Vietnam’s capital for the project will come from the Institute for Agricultural Development Policies and Strategies under [...]

A 1.7-million-USD project, funded by Denmark, has helped 8,490 ethnic minority farming households in six northern provinces develop sustainable agriculture. On pilot fields in training courses, the farmers obtained a yield of 9-11 tonnes of maize per hectare, a 35-45 percent rise compared to traditional farming methods. There have also reportedly been 50 percent [...]