VietNamNet Bridge – The Japanese group - Idemitsu Kosan Corporation - said on June 5 that the investors had received a financing agreement of $5 billion from financial institutions for the Nghi Son oil refinery project.

The mammoth $4.5 billion steel project, which was considered the pride and hope of Quang Ngai province, has turned out to be a big disappointment as it has not taken any move forward so far.

 VietNamNet Bridge - If this proposal is approved by the Government and the People's Committee of Ha Tinh province, Formosa Ha Tinh will be the largest foreign-invested project in Vietnam.

VietNamNet Bridge – Experts say they are not quite sure about the feasibility of the Nhon Hoi oil refinery when asked about the prospect of the project.

Ninety percent of the source of income of the Quang Ngai province comes from the Dung Quat Economic Zone which is comprised of an oil refinery. This explains why many other localities in the central region dream of having such refineries.

VietNamNet Bridge – The Ministry of Industry and Trade (MOIT) plans to exclude 338 projects from the list of hydropower plant projects to be developed nationwide.

Commercial banks have reported they have hundreds of trillions of dong left in their coffers. Tens of trillions of dong have been kept at securities accounts. Many enterprises suffer a headache because they have nowhere to invest in.

Buildbank, the commercial bank which aims to mobilize capital and lend money in the real estate and construction sector, has been formed up.

If another state’s capital management company which would compete with the existing State Capital Investment Corporation (SCIC) is set up as suggested, SCIC would no longer obtain advantage.

 Market for children’s goods, services exceeds US$5 bil./year; Vinacomin stands firm on bauxite projects; More staff recruited by realty brokerage firms; MVCorp cancels music download fee deal

VietNamNet Bridge – Arguments have been raised about who the government should gather strength to rescue, real estate developers or farmers, if they both are sinking.

Businesses have voiced their concern over the implementation of the new wage policy. Some of them said they would cut down the labor force to cut down expenses.

Some 15 tons of gold has been sold by the State Bank of Vietnam through bidding. It is estimated that VND15 trillion has been taken back from the gold sale.

Vietinbank, which ranks the 1,764th in the Forbes Global 2000 hopes it can get in-grade promotion, while other Vietnamese businesses hope their names would enter the list one day.

South Koreans have been flocking to Vietnam to invest in the real estate, retail, logistics, consumer goods and electronics projects, the business fields that they have great advantages.

More and more big guys in the world have announced their direct investments in Vietnam, which, in the eyes of analysts, shows that foreign investors have confidence on the prosperity of the Vietnam’s economy.

 Vung Tau to host Int'l Seaports Festival; Geographical indications safeguard local trademarks; EU says will welcome Vietnam’s GI goods; Vietnam’s digital content market fetches US$1.3 billion

The expensive offices for rent, the poor infrastructure and the cutthroat competition in Myanmar have all put big difficulties for the Vietnamese enterprises to squeeze into the Myanmar market.

Russian firm approved for a car and bus plant; Talks on FTA with EU hit snags; Highway to project completion; Supporting industry needs to muscle up; $7bn power plan faces short circuiting

The merger and acquisition (M&A) deals Lotte concluded recently shows its ambitious investment plan in Vietnam.