PM approves ecological complex in Hai Phong

Prime Minister Nguyen Tan Dung has approved the building of a 1 billion USD "ecological" complex on Vu Yen Island in northern Hai Phong city.

Tuesday, July 07, 2015 11:02

Prime Minister Nguyen Tan Dung has approved the building of a 1 billionUSD "ecological" complex on Vu Yen Island in northern Hai Phong city.

Theproject had been proposed by real estate developer Vingroup, first tothe Ministry of Construction and then the Prime Minister.

Theisland will be developed into an "ecological zone" with villas, a36-hole golf course, and amusement parks. The complex, with aninvestment of 22,700 billion VND (more than 1 billion USD), will bespread over an area of 872ha in the districts of Thuy Nguyen and HaiAn. The site is crisscrossed by three different rivers – Ruot Lon, BachDang and Cam.

PM Dung has directed the Hai Phong city People'sCommittee to work closely with the Ministry of Construction and otherrelevant agencies to ensure that regulations are followed in choosingthe project investor.

He has also asked the ConstructionMinistry and other agencies to supervise construction of the complex,ensuring again that all relevant laws are followed and the projectproceeds apace.

Hai Phong Chairman Le Van Thanh said the islandhad a prime location that would serve the city's development in thefuture. He said the complex would not only serve local demand, but alsoattract more tourists to the city.

He added that to attract morevisitors, a luxury marina, dock, five-star hotel, a casino and a cablecar system should be added to the project plan.-VNA

See more

The launch of the Vietnam–US B2B e-commerce platform in HCM City on August 8. (Photo courtesy of the organiser)

ꦕ First Vietnam–US B2B e-commerce platform launched to boost digital trade

11/08/2025 07:14

VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.

Foreign investors represented 4.27% of overall market transactions (Photo: VNA)

ꦜ Foreign investors net bought 11.3 million USD of government bonds in July

11/08/2025 06:10

Foreign investors represented 4.27% of overall market transactions, with a net purchase value of 298 billion VND.

Durian booth of the Vietnamese Embassy in Beijing (Photo: VNA)

🌼 Vietnam’s durian featured at first ASEAN–China Durian Festival

11/08/2025 02:14

The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.

A conference to promote China's Laoling city is held in Ho Chi Minh City. (Photo: VNA)

🐷 China’s Laoling city promotes trade, investment in HCM City

10/08/2025 05:06

China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.

Ambassador Nguyen Minh Vu (third from left) visits the rubber plantation of Hoang Anh Mang Yang K Rubber Development Co., Ltd., a subsidiary of the Vietnam Rubber Group, in Ratanakiri province, Cambodia. (Photo: VNA)

ꦛ Vietnam bolsters investment, economic cooperation in northeastern Cambodia

10/08/2025 01:21

Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.

Workers operate machinery at the Sung Hwa Vina factory, a Korean-invested enterprise in Hoa Binh Industrial Park, Tay Ninh province. (Photo: VNA)

ღ Party chief’s visit expected to usher in new chapter for Vietnam–RoK trade relations

09/08/2025 18:51

Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.

Illustrative image (Photo: Vietnam E-commerce and Digital Economy Agency)

🅷 Exporters advised to boost digital transformation to expand markets

09/08/2025 11:17

In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency

A series of banks are approved to raise capital worth thousands of billions of Vietnamese dong. (Photo: VNA)

𒁃 Banks focus on increasing charter capital in second half of year

09/08/2025 06:21

To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors.

New opportunity for Vietnam’s tilapia exports

09/08/2025 03:05

Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

ও Phu Tho emerges as FDI magnet following mergence

09/08/2025 02:08

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.

Delegates at the launch ceremony of solar power and battery energy storage systems (BESS) in Vung Ang Economic Zone in the central province of Ha Tinh. (Photo: VNA)

🎃 VinEnergo launches rooftop solar, battery storage projects in Ha Tinh

09/08/2025 00:06

Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.

Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

𒐪 Maximum fine of 3,000 USD proposed for violating invoice regulations

08/08/2025 18:29

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.

At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🐼 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

08/08/2025 16:08

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.