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Update news investment capital
Hoang Kieu, President of the US-based RAAS Group, a tycoon, who once appeared in all local newspapers when heating up the mild land area of Tien Giang with a lot of promised huge projects, has disappeared quietly.
VietNamNet Bridge – The year 2013 is believed to be the suitable time for starting up new urban area projects.
While the capital flow to investment channels has got stuck in the economic downturn, billions of dollars worth of capital still have been poured into casino projects.
The Vietnamese stocks have become cheapest than ever. Investors now keep the wait-and-see attitude and look forward to the measures to rescue the market promised by watchdog agencies.
Once all the registered oil refinery projects become operational, the refined oil supply would be double the domestic demand.
Vietnam may set up a fund which helps prepare and start investment projects under the mode of private public partnership (PPP). This could be seen as a solution to make PPP more popular in Vietnam.