Costa Nha Trang is on track
TD Corporation, investor of The Costa, is close to opening the Nha Trang resort.
Knight Frank, the marketing and sales agent, said The Costa had set a new standard of luxury beach front living in Nha Trang.
Located on the “Golden Road” Tran Phu, the development offers panoramic ocean views, with modern, well designed living space, that caters for Vietnamese and international markets.
It is the first five-star hotel...
Mekong Delta strives for sustainable development
How the Mekong Delta fully taps into its potential to become one of the country’s biggest economic hubs was hotly debated at an online conference on April 22.
The conference brought together leaders of the Steering Committee for the South-western Region, the Ministry of Agriculture and Rural Development, the Ministry of Education and Training, Can Tho city, and An Giang and Hau Giang provinces.
Delegates made an in-depth...
City names troubled industries
Property, wood processing, mechanical manufacturing, electronics-information technology, apparel-footwear, and chemical-rubber-plastic are the industries currently struggling with difficulties in production and business in HCMC.
As the city-based companies are constantly running into troubles, more enterprises have gone bust or suspended production, said HCMC vice chairwoman Nguyen Thi Hong at the meeting between the...
Vietnam to achieve 5.6% growth in 2012: IMF
Vietnam will be amongst the five ASEAN countries including Indonesia, the Philippines, Thailand, and Malaysia to achieve high growth in 2012 and 2013, the International Monetary Fund said in its latest world economic outlook report.
The five countries are grouped by IMF as the ASEAN-5 category, and Vietnam is foreseen to enjoy a 5.6 percent growth, while the respective rates for the Philippines, Indonesia, Thailand, and...
Ceiling interest rate reduction to 12 percent causes shock
Though the State Bank of Vietnam stated that it would lower the ceiling deposit interest rate by one percent every quarter if the macroeconomic conditions and inflation remain stable, the decision to lower the interest rate to 12 percent in early April still surprised observers.
Slashing interest rates a must
This is for the second time within one month the State Bank eases the interest rate, which is really a surprise...
