US Group Gets Nod for $1.2 bln Resort in Vietnam Island

Fri, 12/29/2006 - 10:32

The US-based Rockingham Corporation has reached agreement in principle with Vietnam’s southern Kien Giang province to lease land for a US$1.2 billion tourism complex on Phu Quoc Island.
The province has agreed to make available 923 ha on the island but further details of the agreement are awaited. It will allot the land by next year.phuquoc.bmp

Keen Interest from the US Parlays into Big Investment Dollars

Fri, 12/29/2006 - 10:08

US investment inflows in Vietnam reportedly reached US$4.4 billion to date, fuelled by a series of recent large-scale projects on the books, according to statistics from the ministry of planning and investment.

Foreign direct investment projects to November from the US are reportedly worth $2 billion, ministry statistics said.

The balance was sourced from the US firms based in Hong Kong and Singapore.

Vietnam Mulls Ways to Make Elected Bodies More Efficient

Wed, 12/20/2006 - 09:51

A Vietnamese parliamentary committee has called for strengthening laws governing the functioning of local legislative bodies to make them more effective.

The National Assembly Standing Committee made the suggestion at a two-day conference on people’s councils (local legislatures) and people’s committees (local administrations) held Tuesday in Ho Chi Minh City.

It also called for enacting a new law to enable the people's councils to perform their tasks efficiently.

Vietnam to Build an Efficient E-government

Fri, 12/15/2006 - 10:13

There is a lot of room for improvement in establishing an e-government in Vietnam, heard a meeting themed “E-Government – the bridge linking government, businesses and people."

Only 49 out of 64 Vietnamese cities and provinces had launched official websites with 80 percent of them regularly updating the information, the Ministry of Posts and Telematics said.

Twenty-two out of 26 ministries and state agencies have websites online, but only 32 percent of them provided e-services for people.

Vietnam Spells out Diplomatic Tasks for 2007

Fri, 12/15/2006 - 09:43

Vietnam would continue to reinforce ties with other countries and integrate into the global and regional economies next year, a government spokesman said Thursday.

Foreign Ministry spokesman Le Dzung said the country would “consolidate multi-faceted cooperation frameworks with other countries, especially its neighbors, global powers, and important partners … in a deep, stable, and sustainable manner".

Vietnam National Assembly Ratifies Country’s WTO Membership

Tue, 11/28/2006 - 14:45

043.jpgThe Vietnamese legislature ratified Tuesday the country's accession protocol to the World Trade Organization by a massive vote, clearing the way for it to become the global trade body’s 150th member.
Vietnam's membership will take effect 30 days after the ratification – on December 28, that is – opening up foreign investment and trade in the region’s fastest-growing economy.

APEC 2006 Economic Leader’s Meeting Ends in Great Success

Tue, 11/21/2006 - 11:41

The 14th APEC Economic Leaders’ Meeting successfully concluded in Hanoi this afternoon, November 19, with the issuance of the Hanoi Declaration, containing the leaders’ commitment to "spare no efforts" to revive moribund world trade talks.”

U.S. President George W. Bush visits Viet Nam in November 2006

Fri, 11/17/2006 - 12:13

President Nguyen Minh Triet of the Socialist Republic of Viet Nam was pleased to welcome United States President George W. Bush to Viet Nam.

APEC Ministers Discuss Cooperation, Multilateral Trade

Thu, 11/16/2006 - 11:18

The 18th APEC Ministerial Meeting (AMM) opens in Hanoi Wednesday with a focus on practical measures to strengthen cooperation and the multilateral trade systemAPEC_AMM.bmp, including resuming the Doha talks.

A contrarian’s best bet: Vietnam

Mon, 11/13/2006 - 19:00

Experience luxury travel at very affordable prices
By Joel Widzer
Travel columnist
Tripso.com
Updated: 12:55 p.m. ET Nov 9, 2006
I have traveled a lot this year. In fact, I have traveled 245,000 miles to 21 countries: Argentina, Brazil, Uruguay, Panama, Mexico, Canada, Spain, France, Germany, Austria, Switzerland, Monaco, Italy, Czech Republic, Hungary, Israel, Egypt, Jordan, Ethiopia, Korea and Vietnam.

And which is the Contrarian Traveler’s best bet?

Vietnam, hands down.

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