News by October 2008
Government greenlights HCMC flood prevention works

Prime Minister Nguyen Tan Dung has approved a project to dredge Ho Chi Minh City’s canals and improve the sewerage system to deal with the chronic flooding on the Saigon River.

Big steel projects raise big worries

Steel projects worth several billions dollars each have been flocking to Vietnam. However, the existence of too many steel projects has raised worries rather than joy.

Japanese steelmaker to buy stake in Korean firm's Vietnam mill

Nippon Steel Corp., the world's second-biggest steelmaker, may invest 52.8 billion yen (US$553 million) in a Vietnam venture with Posco to expand a production alliance.

Weak foundations threaten stability of high-storey buildings in capital

Sinking soil was threatening the stability of high-storey buildings in some areas in Ha Noi, which could lead to their collapse, warned relevant offices.

Golf course crushes farmers' livelihoods

For the last several years, farmer Bach Cong Thiem from northern Hoa Binh Province has had to carry his load of bananas on foot for three hours to sell at a nearby market during harvest seasons.

Apartment management an emerging issue

With more and more apartments being built, the rising number og conflicts between apartment residents and investors has highlighted the lack of regulation in this area.

Authorities debate reasons for failed rural development pilot

Agricultural authorities nationwide have gathered to discuss the ineffective implementation of a rural development pilot project after two-years.

Vietnam's retail market attracts foreign investors

Vietnam’s retail market is considered one of the most attractive business fields for foreign investors.

Keangnam project inspected for unlawful sellings

Deputy Prime Minister Truong Vinh Trong on Monday instructed Hanoi authorities to look into Keangnam Vina’s project following allegations that the company collected money from buyers before legally allowed.

Adonis project idling, security money evaporating

A lot clients are taking back the security money they paid to get the right to buy Adonis apartments when the project was completed.

Debt may reach VND30 trillion in 2008

The debt of local credit institutions may reach VND 30 trillion (US$1.9 billion) this year, according to Le Xuan Nghia, Director of the Banking Development Strategy Department under the State Bank of Vietnam (SBV).

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