Florida business development corporation

On behalf of the real estate enterprises, Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HOREA), said that compared to the previous year, there was an additional petition of Gamuda Land Joint Stock Company. The petition states that while waiting for the Prime Minister to decide on a VND514-billion deduction following the recommendations of the Government Inspectorate, over the past time, construction investment and business activities of the company have been stagnant, affecting the reputation and brand of this company in 10 years of operation in Vietnam. As for the matter of social housing, Mr. Le Huu Nghia, CEO of real estate developer Le Thanh, said that they were considering whether to develop social housing again. Because of too many difficult procedures, many people advised him to play safe by switching to develop commercial real estate. At the Le Thanh Tan Kien social housing project in Binh Chanh District, although the HCMC People's Committee had directly instructed to remove obstacles, after three years of implementing the project, now it backs to square one. Although the regulation for the processing time of the application by authorities is 215 days, in fact, the processing of the application can take a lot longer than that because the application must be transferred between departments and districts. Even a document from the urban management office to the district People's Committee takes several months. Moreover, although the social housing projects are invested by enterprises from start to finish, they are audited as projects using capital from the State budget. Meanwhile, the auditors are too strict. They slap them with high fines on petty mistakes, discouraging investors, Mr. Le Huu Nghia explained. Le Thanh Company is one of 20 enterprises that have petitioned the city through the summary of HOREA. This list shows that many petitions had been raised by investors at meetings with the city leaders in the past years, …

[Read more...] about HCMC resolves difficulties for real estate to boost economic development

Illustrative image (Photo: VNA) Ca Mau (VNA) - Endowed with a 254-km coastline and an abundance of aquatic resources, the southernmost province of Ca Mau has viewed sea-based economic development as an inexorable trend to help it create breakthroughs in socio-economic development. Priority on infrastructure development Due attention has been given to developing infrastructure in order to develop the blue economy in an effective and sustainable manner that is commensurate with the province’s advantages and potential. Ca Mau plans to continue calling for investment in infrastructure at the 10,802-ha Nam Can Economic Zone , which is envisaged to become a sea-based economic zone with sound logistics services to meet regional and international distribution demand. It is also encouraging investment to build Song Doc and Nam Can towns into third-tier urban areas by 2025. Along with developing fifth-tier urban areas in coastal districts such as Dam Doi, Ngoc Hien, Phu Tan, Tran Van Thoi, and U Minh, the province will invest in engineering and shipbuilding industries at the Song Doc, Khanh Hoi, and Rach Goc estuaries, while carrying out construction of the Tan Thuan, Rach Goc, and Cai Doi Vam industrial clusters. Socio-economic infrastructure in coastal communes, districts, and islands are being completed, providing the conditions necessary for blue economic development . The province has given top priority to investment in important economic sectors such as aquaculture, tourism and services, renewable energy, and the maritime economy. It is also improving local fisheries infrastructure to enhance logistics services, and calling for investment in logistics centres in Hoa Trung, Nam Can, Song Doc, and Hon Khoai. Comprehensive development of the blue economy promoted Harvesting white-leg shrimp in Nam Can district of Ca Mau province (Photo: VNA) Known as one of Vietnam’s four key fishing grounds and with abundant and diverse aquatic …

[Read more...] about Ca Mau province looks to develop vibrant blue economy

Nguyen Duc Tuan (Third from the left) – Chairman of the Viet Nam Fatherland Front Committee of Hai Duong, received VND20 billion from An Phat Holdings. — Photo courtesy of the group An Phat Holdings (APH) has handed over VND20 billion (US$851,000) support to the northern province of Hai Duong buy vaccines for in the fight against COVID-19. Earlier, APH donated VND11.35 billion including cash, necessities and equipment to the province, bringing the total donation to VND31.35 billion. An Phat Holdings in co-ordination with Youth Union, individuals, organisations, businesses launched a campaign “Relief and rescue agricultural products of Hai Duong”, also helped rescue 1,000 tonnes of farm products. This is also the biggest donation that An Phat Holdings has made to Hai Duong Province in pandemic prevention. Pham Van Tuan, the group’s Acting Deputy CEO said: “In the situation of urgent need to have vaccines, helping people feel secure and helping the government to control the pandemic early is not only the responsibility of An Phat Holdings but also other organizations and individuals who want to contribute.” Hai Duong is the key production area of the group with 10 plants, many subsidiaries and 3,500 employees. Along with the community support, it always complies with preventive measures at all locations as well as performing COVID-19 tests on all employees. In early 2020, since the outbreak of COVID-19 in Ha Noi, An Phat Holdings also donated products to 300 residents and soldiers on quarantine duty in Truc Bach Area and 5,000 medical masks and hand sanitizers to the Viet Nam Embassy in the US. — VNS …

[Read more...] about An Phat Holdings donated VND20b to support Hai Duong’s pandemic fight