Deputy Chairman of the provincial People’s Committee, Nguyen Van Tuan (R) at a meeting with Dragon Joy on Tuesday. — Photo baohaugiang.com.vn Hong Kong-based company Dragon Joy International Engineering is planning to invest in a steel rolling mill project and a solar power project in the southern province of Hau Giang. Hau Giang Province People’s Committee on Tuesday discussed the investment opportunities with Dragon Joy. The steel rolling mill, with a capacity of 150,000-200,000 tonnes per year will produce steel ingots, steel bars and steel wire for the Cuu Long (Mekong River) Delta market. The solar power project will have an investment capital of VND1.1 trillion (US$48.3 million) and a capacity of 66,000MW per year. Deputy Chairman of the provincial People’s Committee, Nguyen Van Tuan, said the southern province aimed at attracting investments to promote industrial production while protecting the environment. Tuan said Hau Giang authorities had pledged to create favourable conditions for the investors. Till date, the province has attracted 489 projects with domestic investment worth VND123.4 trillion and 29 projects with foreign investment worth $809 million. Dragon Joy has nine subsidiaries and seven joint ventures in four major businesses, including real estate, finance, industry and international trade. — VNS
Speaking on behalf of the provincial People's Committee, Tran Thanh Liem delivered this statement during a working session with dozens of Hong Kong companies which travelled to the province on June 25 to learn about the local investment climate.Binh Duong is working to become a centrally-run city by 2020, with 10,000ha of industrial and urban land zoned in preparation for the future to better assist investors, Liem said. He also told Hong Kong firms during their meeting that the province has, to date, lured US$25 billion in foreign investment, adding that the locality contributed $21 billion to the country's 2015 export…... [read more]
Hamon representative Hugh Simon said the company chose to invest in Thao Dien Gateway with SonKim Land expecting it to be a highlight among luxury apartments in the east of the city.Gateway Thao Dien located in District 2 is one of the most luxury apartment projects in the East of HCM City.To cost US$100 million, Gateway Thao Dien will offer 546 units in four towers. There will be 3 towers of upscale apartments for sale and a serviced apartment tower with the 5-stars level of management and services by Hamon Developments.It will be launched soon and finished in the third…... [read more]
Hamon representative Hugh Simon said the company chose to invest in Thao Dien Gateway with SonKim Land expecting it to be a highlight among luxury apartments in the east of the city.To cost US$100 million, Gateway Thao Dien will offer 546 units in four towers. There will be three towers with upscale apartments for sale while the fourth will have serviced apartments. — VNS... [read more]
Illustrative image (Source: VNA)HCM City (VNA) – Companies from Hong Kong are seeking investment opportunities in Vietnam, while many Vietnamese firms consider Hong Kong a bridge that helps them access international customers, a Hong Kong economic expert has said.Ex ecutive Director of Hong Kong Trade Development Council (HKTDC) Margaret Fong made the statement at a workshop in Ho Chi Minh City on June 24, which attracted nearly 60 CEOs and regional directors from Hong Kong’s businesses and representatives from 600 Vietnamese firms.Fong said through Hong Kong, Vietnamese businesses can enter the Chinese market and Hong Kong’s enterprises can support Vietnamese…... [read more]
Vietnam and Hong Kong Special Administration Region signed on April 21 trade promotion and stock exchange agreements as part of co-efforts to expand bilateral ties. The deals were signed in presence of Prime Minister Nguyen Tan Dung and Chief of Hong Kong Special Administration Region Tsang Yum-Kuen, the government of Vietnam said on its website. Dung and Tsang Yum-Kuen also witnessed signed of a memorandum of understanding on cooperation between the Vietnamese Ministry of Education and Training and the Hong Kong Education Bureau. Two-way trade between Vietnam and Hong Kong jumped 39 per cent to US$3.5 billion last year, and…... [read more]