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Long An province calls for investment in 15 projects
Notable projects include the Long An border economic zone, the Phu An Thanh and Viet Phat industrial parks, Dong Thap Muoi biotechnological zone, the ring road for Long An city, and a solar energy project in Thach Hoa district.
According to Nguyen Van Duoc, Vice Chairman of the Long An provincial People’s Committee, the province is home to favourable conditions for both industrial and agricultural development.
The province currently has 28 industrial parks and 32 smaller industrial clusters with a total area of 13,000 hectares, mainly located in Ben Luc, Duc Hoa, Can Giuoc, Can Duoc districts and Tan An city while the Dong Thap Muoi area is suitable for agriculture and aquaculture.
Long An province’s transport infrastructure has also improved in recent years with four national highways and an expressway linking the province up with other regions.
A number of rail lines, ring roads and shuttle bus services connecting the province with Ho Chi Minh City are also planned for the near future.
Vietnam legislature confirms delay on TPP decision
shoe factory in Vietnam. The United States imposes tariffs on imported shoes. Photo by Aaron Joel Santos for The New York Times The Trans-Pacific Partnership (TPP) will not be put in front of Vietnamese lawmakers for ratification during October's plenary session, the parliament’s general secretary Nguyen Hanh Phuc said on Thursday. With Vietnam poised to be the biggest beneficiary of the 12-nation pact, the government has shown strong support for the trade deal. However, efforts by Vietnamese… chat_bubble_outline Read More...
Big C Vietnam's new Thai owner unveils aggressive expansion strategy
A Big C outlet in Vietnam. Photo credit: Zing After being acquired by Thai retail giant Central Group for 1 billion euros (US$1.13 million), Big C Vietnam is set to open seven new stores this year, news website Saigon Times Online reported Tuesday, citing a supermarket spokesperson. Prior to the acquisition, France's Casino Group, the previous owner of the chain, opened four or five outlets a year, the unnamed spokesperson said. Big C is the largest foreign-owned retail chain in Vietnam with… chat_bubble_outline Read More...
2 Taiwanese teenagers win World Robot Olympiad in India
NEW DELHI (AP) — Whizzing around a green felt table chasing a soccer ball beaming infrared light, the boxy robot shoots — and scores — and wins its Taiwanese teenage creators first prize at this year's student robot games.The two breadbox-sized scooters, playing goalie and kicker, from the team called "Wings of Storm" were up against another Taiwanese team's robots in the "Football" category of the World Robot Olympiad held over the weekend in the Indian capital of New Delhi."We have been… chat_bubble_outline Read More...
VN firms optimistic on 2016’s business results
Most local companies have shown optimism about business results in 2016, providing momentum for further growth in 2017. This was revealed in the FAST 500 Ranking List 2017, drawn up annually since 2011, and announced by the Vietnam Report (VNR) on February 28.Nearly 77% of surveyed firms were optimistic about their business results last year, while over 82% expected this year’s profits would be higher.The survey also revealed that market demand and trends have been the two most important… chat_bubble_outline Read More...
Peugeot buys iconic Indian car brand
NEW DELHI (AP) — French car manufacturer Peugeot has bought India's most iconic car brand from its maker Hindustan Motors in a deal that signifies the passing of an era in India's motoring history.Over the weekend, the C.K. Birla Group that owns Hindustan Motors said it had signed an agreement with Peugeot SA to sell the Ambassador for 800 million rupees ($12 million).The hulking Ambassador sedan, once used by prime ministers and visiting heads of states, was long viewed as a car of the Indian… chat_bubble_outline Read More...