Foreign donors guaranteed Vietnam official development assistance of more than US$8 billion at a meeting Friday, a sharp increase from the figure pledged a year ago.
The annual pledge was announced at the Consultative Group meeting on Vietnam, which included Vietnam’s top donors such as the World Bank, the Asian Development Bank, Japan and EU, concluded a two day meeting in Hanoi.
The Official Development Assistance (ODA) funds will help Vietnam stabilize its macro-economy, regain growth and further reduce poverty, the Consultative Group said in a statement.
Vietnam is recognized by international organizations as one of the most vulnerable countries to the effects of climate change, including rising sea levels.
Vietnam has lured US$19.7 billion in foreign direct investment (FDI) in the first 11 months of this year, according to the Ministry of Planning and In...
Real estate developer Indochina Land will launch a sales program for its US$150 million commercial and residential complex in Hanoi this Saturday. The...
The Ministry of Construction has scrapped four cement-making projects because they do not meet the requirements of the nation's Cement Industry Develo...
Almost 50 new development projects are expected to be announced in Vietnam at the end of this year and the beginning of 2010. Most are centered on the...
Though Vietnam has not completely escaped the economic downturn, it still can catch the eye of foreign investors. Kyocera (Japan) and Hong Leong Bank ...
Hanoi will have four satellite cities (Soc Son, Me Linh, Quoc Oai, Xuan Mai – Mieu Mon) plus a series of urban areas between the No. 3 and No.4 belt...
Foreign direct investment in the real estate sector has soared in Vietnam in the last three years, but economists are skeptical about the benefits the...
Charmvit Plaza – a seven star commercial and office centre – will open in Hanoi in the first quarter of 2010, CB Richard Ellis Vietnam (CBRE) has ...
Real estate and construction material businesses are set to reward investors as business picks up in the second half of this year. Construction materi...
The property market has shown signs of snapping back after a long period of stagnation caused by the economic slowdown. Businesses are seeking ways to...
