Lotte subsidiary refuses to lay low in midst of scandal

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Báo Đầu Tư English 1 month(s) ago

In spite of the scandal over its muddled operations, Lotte Asset Development Co., Ltd, a subsidiary of South Korean conglomerate Lotte Group – one of the future developer of the $2.2 billion Thu Thiem Eco Smart City project in Ho Chi Minh City’s Thu Thiem New Urban Area, is expanding in the Vietnamese real estate market by acquiring minority stakes in businesses operating in the country, according to newswire Koreaherald.

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Ho Chi Minh City set to build new bridge over Saigon River

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Báo Tuổi Trẻ English 2 month(s) ago

Ho Chi Minh City is poised to construct a new bridge spanning its major river, creating an additional route for commuters who wish to cross the waterway.

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HCMC builds more bridge over Saigon River

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SaiGon GP English 2 month(s) ago

The Ho Chi Minh City People’s Committee has decided to build one more bridge over Saigon River, reported the HCMC Transport Department yesterday.

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HCM City leader meets AIA Corporation President

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Báo Đầu Tư English 3 month(s) ago

HCM City leader meets AIA Corporation President

Ho Chi Minh City supports foreign investment in finance-banking, insurance and tourism, especially from AIA Corporation, municipal People’s Committee Chairman Nguyen Thanh Phong said.

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RoK group eyes larger involvement in HCM City’s infrastructure

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SaiGon GP English 3 month(s) ago

RoK group eyes larger involvement in HCM City’s infrastructure

The Republic of Korea’s GS Engineering & Construction (GS E&C) is eyeing bigger role in infrastructure development in Ho Chi Minh City.

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No zoning plan changes for Thu Thiem

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Báo Đầu Tư English 3 month(s) ago

No zoning plan changes for Thu Thiem

The Ho Chi Minh City government has turned down proposed changes to the zoning plan for a section in Thu Thiem New Urban Area even though the changes would pave the way for a US$4-billion project to go up there.

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Vietnam may reject $4 billion US proposed development

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Báo Đầu Tư English 4 month(s) ago 1 related news

Vietnam may reject $4 billion US proposed development

The $4 billion project in Thu Thiem New Urban Area proposed by Steelman Partners, Cantor Fitzgerald, and Weidner Resorts, along with Vietnamese company Imex Pan-Pacific Co. Ltd. (IPP) is likely going to be rejected because it does not satisfy the previously approved planning for the area.

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Office demand in fast-growing Vietnam a boon to developers

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Báo Thanh Niên English 5 month(s) ago

Office demand in fast-growing Vietnam a boon to developers

Prospects of strong economic growth and foreign investment are driving Vietnam's office property segment, with local and international developers both trying to grab the remaining prime locations in big cities quickly, industry insiders said.

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Stunning aerial shots of Saigon’s future center

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Báo Tuổi Trẻ English 5 month(s) ago

Stunning aerial shots of Saigon’s future center

The construction of Ho Chi Minh City’s new center Thu Thiem New Urban Area in District 2 is captured in these breathtaking drone photos taken by Tuoi Tre (Youth) newspaper reporters.

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Foreign landmarks rise in second city

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Báo Đầu Tư English 5 month(s) ago

Foreign landmarks rise in second city

Foreign developers have been developing many landmark real estate projects across Ho Chi Minh City during the first half of the year.

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Anti-flooding project in HCMC waiting for approval

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SaiGon GP English 6 month(s) ago

Anti-flooding project in HCMC waiting for approval

The Economics and Budget Committee under the Ho Chi Minh City People’s Council and some agencies yesterday surveyed an anti-flooding project on the right bank of Saigon river that has been delayed since 2011.

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HCM City leader meets US investors

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Báo Dân Trí English 7 month(s) ago

HCM City leader meets US investors

Secretary of the Ho Chi Minh City Party Committee Dinh La Thang stated that the city will create all possible business conditions for US and foreign investors for mutual benefit, during a meeting with a group of US investors led by Howard Lutnick, Chairman and CEO of Cantor Fitzgerald Group, on May 24.

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US investors plan $4 billion financial hub in Vietnam: report

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Báo Thanh Niên English 7 month(s) ago

US investors plan $4 billion financial hub in Vietnam: report

A file photo of Ho Chi Minh City's Thu Thiem new urban area. Photo: Dinh Son

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Three US investors plan $4 billion real estate project in Thu Thiem

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Báo Đầu Tư English 7 month(s) ago

Three US investors plan $4 billion real estate project in Thu Thiem

US companies Steelman Partners, Cantor Fitzgerald, and Weidner Resorts are looking to build a $4 billion multifunctional project in Thu Thiem new urban area, according to newswire cafef.vn.

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1 killed, 4 injured as truck hits street cleaners in Saigon tunnel

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Báo Đầu Tư English 8 month(s) ago 1 related news

1 killed, 4 injured as truck hits street cleaners in Saigon tunnel

Four street cleaners in Ho Chi Minh City have mostly recovered from their injuries after being struck by a truck that injured the group and killed one of their colleagues as they were cleaning inside the Thu Thiem Tunnel on Tuesday night.

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