Lotte eyes US$2 bln high-end trading centre in HCMC
The Republic of Korea’s Lotte retail group has received approval from Ho Chi Minh City authorities to proceed with construction of a US$2 billion international financial center.
Covering 10 hectares, the complex will consist of world class commercial plazas, hotels, serviced apartments, and office suites.
A spokesperson for Lotte said the company hopes the complex will become the centerpiece international financial centre in HCM City and the Southeast Asian region.
A detailed zoning plan of the project, co-financed by Japanese investors, is scheduled for completion in 2014.
19:59, 2024/04/23
Nvidia, FPT invest US$200 million in AI factory
Nvidia will help local businesses in accelerate digital transformation and make Vietnam an AI powerhouse.
22:24, 2024/04/22
Vietnam starts construction of US$432 million expressway to China
The expressway will stimulate socio-economic development in four major economic zones in Vietnam: the northern, central, southern, and Mekong Delta regions.
12:23, 2024/04/08
US-based Rosen Partner to invest in world-class entertainment complex projects in Vietnam
The project is expected to crystallize and showcase Vietnam's unique cultural values to the world.
16:32, 2024/04/04
Vietnam among top investment destinations for SEA investors
The top three neighboring countries whose companies are eager to expand their operations in Vietnam are Thailand (66%), Malaysia (58%), and Indonesia (55%).
13:47, 2024/04/01
Vietnam, China intensify cooperation on green growth, digital economy
The scope of cooperation includes not only investment but also technology transfer, employee training, and the exploration of other markets.
15:07, 2024/03/13
Foreign capital set to dominate Vietnam’s M&A landscape
The positive trend of foreign capital in the M&A market this year follows the momentum of 2023, where the top five largest deals involved foreign investors.
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