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.
16:33, 2025/01/08
US Berggruen Holdings to help Vietnam set up investment funds
Vietnam's growing political and global supply chain prominence solidifies its position as a dynamic nation.
21:25, 2025/01/02
Vietnam offers 50% subsidy for initial investment costs in AI and semiconductors
Support measures include training and manpower development costs, R&D expenses, fixed asset investment, high-tech product manufacturing costs, and infrastructure development expenses.
21:21, 2024/12/30
Vietnam releases Esports White Book 2022-2023
The growth of Vietnam's esports market is highlighted in the Vietnam Esports White Book 2022-2023, which outlines global trends.
21:24, 2024/12/21
Hanoi seeks to attract high-tech projects to industrial parks
Hanoi is pushing ahead with land clearance and infrastructure construction while urging approved projects to speed up capital disbursement.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
15:12, 2024/11/14
North-South high-speed railway to open up new economic opportunities
The government proposes a design speed of 350 km/h for the railway to ensure a modern, integrated, and forward-looking infrastructure appropriate to Vietnam’s geographical and economic conditions.
- Prime Minister calls on China to pilot border economic cooperation zone
- Better links with FDI firms to support Hanoi businesses
- Vietnam calls for more US investment in innovation, hi-tech
- Vietnamese leader urges Boeing to build production facility in Vietnam
- Foreign capital pouring into Vietnam's real estate market
- Vietnam news in brief - August 24