Business News

European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure.

The global real estate company Avison Young is expanding its Asia-Pacific reach into the Southeast Asian market by recruiting 100 industry experts in Ho Chi Minh City and Hanoi. The Toronto-based Avison Young announced its expansion into the Vietnamese market on September 20 through a strategic affiliation agreement with the Ho Chi Minh City- and Hanoi-based D&P Company.

Viet Nam has moved up four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute. The Fraser Institute noted that Viet Nam's improvement in the index this year is a relatively substantial increase compared to other Southeast Asian peers.

Secretary for Security Tang Ping-keung began his visit programme in Vietnam today by calling on the Ministry of Public Security and witnessing the signing of a memorandum of understanding (MOU) on co-operation concerning immigration matters between Hong Kong and Vietnam.

At LOTTE HOTEL SAIGON, the serene urban oasis swimming pool and the verdant LOTTE Park garden with its murmuring waterfall offer a peaceful and pleasant spot away from the hustle and bustle of city life.

The HCMC People’s Council approved in principle 87 state-funded projects worth a combined VND39 trillion at yesterday’s session on the implementation of the National Assembly’s Resolution 98 on special mechanisms and policies for the city.

These projections stem from the Government's socio-economic development strategy for the 2021-25 period, combined with endeavours to meet the 2023 growth goal of 6.5 per cent.

According to local newspaper Nhandan, the announcement came during Vietnamese Prime Minister Pham Minh Chinh's recent visit to Guangxi, China, where he met with vice president of Energy China Zhang Manping on September 16.