Investment

Legal obstacles hindering private railway investment-illustration photo According to a source of VIR, the Committee for Management of State Capital at Enterprises is going to submit Vietnam Railways’ (VNR) new restructuring plan to the government for approval this month after several years of delay. While VNR may have to wait for several more months to get the go-ahead, it is a good signal for the giant to soon proceed with the long-awaited monopoly dump in cargo transport and with stake divestment, thus increasing operational efficiency. … [Read more...] about Legal obstacles hindering private railway investment

Regarding the matters in Thu Thiem New Urban Area, she informed that the Government Inspectorate has issued conclusions of an inspection into the new urban area. HCMC People’s Council has already introduced a suitable resolution, along with the detailed direction from the municipal authorities. The tardiness in application is because of many reasons inlcuding the disagreement between citizens and the city’s management. Therefore, she suggested holding more discussions to reach a consensus as soon as possible. … [Read more...] about HCMC to invest in to-be Thu Duc City’s infrastructure

Hanoi (VNA) - The State Audit Office of Vietnam (SAV) held a workshop in Hanoi on September 22 to discuss measures to boost the effectiveness of public investment disbursement and the role of State audits. In his opening remarks, Deputy Auditor General Doan Xuan Tien said the mobilisation and use of public investment is important during the country’s reform and international integration processes. Slow disbursement has a negative impact on the economy, as well as the country’s reputation and the trust of investors and sponsors, among others, he said. The State audit of public investment projects has exposed a number of shortcomings, he noted, adding that the scale and frequency of the task remain small compared to the requirement to inspect the use of public finances and assets, particularly in the construction sector. Hoang Phu Tho, an auditor at the SAV, said that to effectively use public investment, there is a need to review State regulations on investment … [Read more...] about Workshop discusses public investment disbursement, role of State audits

However, she said this was not a concern as the company was able to diversify risks, while expecting to realize gains from sales of assets to WHA Premium Growth Real Estate Investment Trust (WHART) and Hemraj Leasehold Real Estate Investment Trust (HREIT) of 4.6 billion THB this year. … [Read more...] about Thai company to invest in solar power, clean water in Vietnam

To facilitate night services in old residential quarters, the shops there are allowed to open until 2 am, while night markets are opened on three last days of week. Cultural and art performances are also allowed to be organized on three days. To facilitate night services in old residential quarters, the shops there are allowed to open until 2 am, while night markets are opened on three last days of week. Cultural and art performances are also allowed to be organized on three days. … [Read more...] about To develop VN night-time economy, appropriate investments needed