| News by November 2009 |
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Work begins on Mekong Delta highway
Prime Minister Nguyen Tan Dung broke ground for the Trung Luong – My Thuan Highway in the Mekong Delta province of Tien Giang at a ceremony November 29. |
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Dong Nai Bridge linked up
The Dong Nai Bridge, a major traffic work connecting Dong Nai Province and Ho Chi Minh City, has been linked up after more than 17 months of construction.
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Stretch of Hanoi Highway from HCMC outskirts to be widened
The Ho Chi Minh City Department of Transport November 26 commissioned the HCMC Infrastructure Investment Joint Stock Company to broaden a stretch of the Hanoi Highway between Saigon Bridge and the Tan Van Crossroad to more than 100 meters.
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Oversupply may keep office market from recovery
Increasing office supply in Vietnam is rapidly outpacing demand, sparking debate as to whether or not prices have actually bottomed out yet.
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Construction of Hanoi-Thai Nguyen highway gets underway
The building of a highway linking the capital city of Hanoi with the mountainous province of Thai Nguyen started on November 24 under the watchful eye of Vietnamese Prime Minister Nguyen Tan Dung.
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Virtual office providers face concrete obstacles
More and more businesses have chosen to use virtual offices and are happy with their choice. However, they face obstacles because government agencies don’t seem to know how to treat them. |
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HCM City takes lead in attracting FDI
HCM City leads the country in attracting foreign direct investment (FDI) with 3,469 foreign-invested projects capitalized at nearly US$27,293 million, according to the city’s Department of Investment and Planning.
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Steel prices likely to fluctuate in peak season
In mid November, the domestic steel prices have increased by 200,000/ton after three times of falling down. |
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Businesses not happy with handing back apartment offices
The Ministry of Construction’s decision not to allow apartments to be used for offices has not been well received by a number of businesses. |
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Vietnam attracts US$19.7 billion in FDI in 11 months
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 Investment’s Foreign Investment Agency (FIA).
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Only the State is a loser in Vietnam’s real estate boom
There are many ways to evade taxes on the sale of houses. Everyone knows them so the State loses lots of revenues, reports the Hanoi daily, Tien Phong. |
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| Currency | | VND Equivalent |
Gold | - |
28,180,000 VND |
USD | - |
19,100 VND |
EUR | - |
24,715 VND |
CHF | - |
16,823 VND |
GBP | - |
30,153 VND |
AUD | - |
17,245 VND |
JPY | - |
226 VND |
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Ms. Thúy (08) 3833 3530 Ext: 107
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FOR ADVERTISING, PLEASE CONTACT
Ms. Thúy (08) 3833 3530 Ext: 107
212B/36 Nguyen Trai Dist. 1 HCMC
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