General News

  • Crédit Agricole Corporate and Investment Bank of France will finance $50 million for the 750-MW Nhon Trach 2 power project Vietnam’s southern province of Dong Nai via Ocean Commercial Joint Stock Bank (OceanBank). A short-term credit agreement to...
    Tuesday, 15th June, 2010
  • Authority in Vietnam’s central province of Quang Binh has recently started a project worth VND48 billion ($2.53 million) to upgrade local power grids using ODA of the Japanese government. The project will help upgrade power grids in seven communes...
    Tuesday, 15th June, 2010
  • Foreign investors, including Siemens AG of Germany, Enfinity Group of Belgium, and JPMorgan Chase of the U.S. are seeking a suitable position to build a 900-MW wind and solar power plant in Vietnam’s central province of Khanh Hoa. The foreign firms...
    Tuesday, 15th June, 2010
  • Vietnam should work out a better and more persuasive plan on building a $55.8 billion express railway which is estimated to cost $55.8 billion to attract official development assistance (ODA), said Japanese Ambassador Mitsuo Sakaba. “With much...
    Tuesday, 15th June, 2010
  • Industrial and Commercial Bank of China (ICBC) has worked with Tan Tao Group (ITA) on its possible lending of $2 billion for the latter’s 1,200-MW Kien Luong 1 coal-fired power plant in Vietnam’s Mekong Delta province of Kien Giang. The plant, along...
    Tuesday, 15th June, 2010
  • The Asian Development Bank (ADB) will lend the two Vietnamese largest cities of Hanoi and Ho Chi Minh City $2 billion to develop their public transport projects in the next five years, the Thanh Nien newspaper reported June 11, citing an the bank...
    Tuesday, 15th June, 2010
  • The European Union (EU) pledged to provide EUR940 million ($1.1 billion) in official development assistance (ODA) for Vietnam this year, accounting for 17.5% of its total oversea aids, said an EU official. The sum including $304 million in non-...
    Tuesday, 15th June, 2010
  • The Asian Coalition for Housing Rights (ACHR) and the Association of Cities of Vietnam will join hands to implement a community housing project for 102 poor people in the central province of Nghe An. The project will benefit the needy people in Vinh...
    Tuesday, 15th June, 2010
  • Vietnam Post and Telecommunications Group (VNPT) has granted VND200 billion ($10.51 million) for health, education and social welfare projects in the northern province of Lai Chau’s districts of Muong Te and Sin Ho. The funding is to respond to the...
    Tuesday, 15th June, 2010
  • The Vietnamese Ministry of Education and Training (MoET) have granted 3,522 scholarships to students in ethnic minority regions since 2008, the Van hoa newspaper reported on June 9, without giving the total sum of the scholarships. The MoET will...
    Tuesday, 15th June, 2010