Communist Tax Lawyer

A news, research and discussion platform for monitoring the evolution of Communist and ex-Communist countries to market economies

 

Vietnam

Investment in Vietnam’s central region remains half-baked

November 18th, 2008

Vietnam’s central region has seen many investment projects remain incomplete as investors fail to finish the work they started.

In the ancient city of Hue in Thua Thien-Hue Province, a dozen projects involving residential areas and tourist and greenery parks are left only half-complete after several years of construction. Examples include the 199-ha urban area in An Dong Ward, the 32-ha urban area in An Tay Ward, the 84-ha Xuan Phu Urban Area and the 31-ha Dong Nam Thuy An.

Moreover, none of the 31 hotel and entertainment park projects licensed since 2003 along the Hoi An-Dien Ban coastline in Quang Nam Province has been finished.

Vietnam needs funds for 5,900 km of highways

November 10th, 2008

Vietnam, where crumbling infrastructure has been criticized for impeding economic development, is seeking funds to build nearly 5,900 km of expressways in the next decade, the government said Thursday.

http://www.thanhniennews.com/business/?catid=2&newsid=43534