Category: HIGHLIGHTS

LOTTE GROUP LIFTS CURTAIN ON $2BN DEVELOPMENT

Lotte Group, the fifth largest company in South Korea, is seeking approval to develop two large property projects in Ho Chi Minh City said to be even larger than Seoul’s Lotte World recreation complex. Scores of investors are lining up to develop the Saigon River banks The group last week submitted master plans, which have […]

THU THIEM NEW URBAN AREA TO TAKE SHAPE

The shape of the Thu Thiem new urban town on the bank of the Saigon River is now clearer with revisions. However, it will take a long time to materialize the planning. On April 5, the project to revise the 1/2000 scale planning of the new urban town of Thu Thiem was introduced to related […]

JAPAN’S AEON WANTS TO OPEN RETAIL CENTERS IN CITY

HCMC – Japan’s top-ranking retailing group AEON plans to build in District 2 a huge retail complex at a cost of about US$50 million, but this investor also wants to develop first a trial project in Tan Binh Industrial Zone in Tan Binh District, the company said on Wednesday.AEON’s managing director Nagahisa Oyama in a […]

INVESTMENT DEAL AGREED FOR PETROCHEMICAL COMPLEX

The JGCS Consortium and Vietnam’s Construction Corporation No1 have signed an agreement to build civil works at the Nghi Son Refinery and Petrochemical Project in central Thanh Hoa province. The US$91-million sub-contract is for the construction of the project’s civil works, zone-1 and zone-2. Speaking at the signing ceremony in Hanoi on February 22, Deputy […]

CEMENT CONSUMPTION FORECAST TO RISE TO 63 MILION TONS

HCMC – The Ministry of Construction forecasts this year’s total cement consumption volume to rise by 1.5-3% year-on-year to 62-63 million tons, with the exports of cement and clinker accounting for 13.5-14 million tons. According to a report of the ministry on cement consumption, enterprises sold 61.2 million tons of cement last year, with the […]

EY: VIETNAM’S GDP GROWTH RATE STRONG IN 2014

By Phuong Thao – The Saigon Times Daily HCMC – Ernst & Young (EY) in its latest rapid-growth markets (RGMs) report forecasts Vietnam’s economy to develop strongly in 2014 with a growth rate of 5.4% and reach a peak of 7% in 2016. With growth held down to about 5% in 2012 and 2013, policymakers […]

NEW TECHNOLOGY FOR STEEL STRUCTURES IN VIET NAM AND JAPAN

On November 14, 2014 National University of Civil Engineering (NUCE) – Center for Promoting Japan – Vietnam Civil Engineers Collaboration (CJV) and JFE Steel Corporation co-organized Seminar on “New Technology for Steel Structures in Viet Nam and Japan” at NUCE with the support of Institute of Transportation Science and Technology (ITST) and Vietnam Institute for […]

Vietnam calls for more investment from Japan’s Kansai region

Party Politburo member Truong Tan Sang has called on enterprises from Japan’s Kansai region to invest more in Vietnam, especially in science-technology.  During his receptions of leaders of the Kansai Economic Federation, the Osaka Chamber of Commerce and Industry and discussions with leaders of Kansai region’s economic groups on June 4, Mr Sang pledged favourable […]

JAPAN ENTHUSIASTIC ABOUT INVESTMENT IN VIET NAM

Despite a decrease in FDI attraction, Japanese investors want to inject more investment or increase their involvement in Vietnam by way of purchasing Vietnamese company shares. Many Japanese investors have recently sought further information on investment in Vietnam, especially on support industry companies, said Phan Huu Thang, Director of the Foreign Investment Research Centre. Hirokazu […]

DEPUTY MINISTER TRINH DINH DUNG RECEIVES JAPANESE BUSINESS DELEGATION

On the morning of July 01, 2011, at the Ministry of Construction, Deputy Minister Trinh Dinh Dung received a Japanese business delegation to explore opportunities investment and cooperation in construction sector in Vietnam. Cordially greeting the guests, Deputy Minister Dung focused with satisfaction on the high level of Vietnamese-Japanese partnership successfully maintained in a broad […]