Industrial Output Increases 10 per cent

T6, 06/04/1999 - 11:32

Viet Nam achieved an industrial production value of VND 67,939 billion (US $4.887 billion) in the first five months of this year, a 10.2 per cent year-on-year increase.

Big year-on-year increases were recorded in outputs of crude oil, 30.6 per cent; fertilizers, 13.6 per cent; bicycle, 22.4 per cent; motorcar assembly, almost 53 per cent; fishery processing, more than 18 per cent; and motorbike assembly, 45.5 per cent.

Vietnam- Gov't endorses major BOT water project

T5, 06/03/1999 - 22:32

(THE SAIGON TIMES DAILY June 3, 1999) The Government has approved the second-phase of a major water project in HCMC under the build-operate-transfer (BOT) form, following a request by the Ministry of Planning and Investment and the city authorities.

Grand Imperial Saigon Water Company Ltd., an alliance by four companies from Malaysia, the U.K. and Hong Kong, plans to exploit water from the Saigon River.

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