The Tra Vinh Province People’s Committee has approved the construction of two embankment projects worth a total of VND260 billion (US$11 million) to prevent river and coastal erosion.

Cash flow shortages could put several hospitality developers in Vietnam into financial pressure, forcing them to offer their projects for sale.

The Hoa Lac Hi-tech Park is currently home to 91 projects which have combined investment approvals of over VND85.8 trillion (nearly US$3.7 billion).

 VietNamNet Bridge – The Japanese Embassy on Wednesday held an assistant contract signing ceremony for seven projects within the framework of official development assistance from Japan in Vietnam.

Prime Minister Nguyen Tan Dung on June 26 issued an order on the groundbreaking ceremony of package CP1A – a major infrastructure work under the Hoa Lac Hi-tech Park Development Project.

 The State Audit Office of Viet Nam has asked concerned agencies to deal with the problematic use of VND23,431 billion (US$1,092 million) in 2013 by state agencies and projects.

VietNamNet Bridge – The Ministry of Transport (MOT) has decided that the transfer of operation rights of a number of airports and highways would be implemented this year but the plan has proven to be unfeasible.

The Ministry of Transport (MOT) is considering selling highways to foreign investors to earn money for new investment projects, a move which could lead to a new market in Vietnam - transport infrastructure.

VietNamNet Bridge – The local authorities of southern provinces are increasingly rejecting investment projects that are labor-intensive, or that use low technologies and threaten the environment.

The government of China has issued a decision that temporarily prohibits its state-owned businesses from joining projects in Vietnam, Hong Kong’s South China Morning Post newspaper quoted mainland China sources as saying.

 Businesses optimistic about Vietnam’s economic outlook; Vietnam urged to utilise TPP advantages; Sumitomo red tape tangle delays power plant project; Ministries bombarded with complaints

VietNamNet Bridge – Mekong Delta localities are calling for investment in 138 projects with a total investment of about 2.1 billion USD.

China has never been listed among the biggest foreign direct investors in Vietnam or the biggest ODA (official development assistance) providers. However, Vietnamese enterprises now tend to seek Chinese capital for their huge projects.

 Japan to pump 30 bln yen into buying Vietnamese SOE debts; B-WTO supports Vietnam’s global economic integration; Setting a sustainable pangasius supply chain; New companies outnumber old in HCM City

The requirement on investors to develop information technology (IT) items in their projects is believed to create a revolution in the management thinking. However, there would be many barriers in the way to implement the idea.

 Laos remains a bright destination for Vietnamese investors, the director of the HCM City Investment and Trade Promotion Centre said at a seminar held in HCM City yesterday.

VietNamNet Bridge – For the first time, Vietnam has issued 510,952 emission credits for the project on the Vietnam livestock biogas program.

They are the leading brains who not only have influences to their businesses’ development, but also to the development of the country and the regional economies.

 The state budget is not big enough to provide capital to all transport projects. Meanwhile, the idle capital in the society still has not been mobilized for the transport infrastructure development.