HCM City firm wins tourism contract

The local firm Coteccons has won a contract to work as the main contractor for the Ho Tram Tourism Complex project in the southern province of Ba Ria-Vung Tau.

The contract was signed by the investor of the Ho Tram Tourism Project, Canadian Asian Coast Development Corporation, and Coteccons last week.

Coteccons is responsible for the main civil engineering items and will manage the project, with the first phase of the project valued at VND3.2 trillion (US$155 million).

The first phase will be completed in 2013.

With a total investment of $4.2 billion, the 160-ha Ho Tram strip is ranked as Viet Nam's first large-scale integrated resort, and among the largest in Southeast Asia.

Construction of the Ho Tram complex includes a five-star hotel, a casino and a golf course.

India-VN business forum launched

HA NOI — The Viet Nam Chamber of Commerce and Industry (VCCI) will organise a business forum today in Ha Noi in co-operation with the Indian Embassy in Viet Nam.

Many top Indian enterprises in the fields of technology, construction, machinery, real estate, banking and transport will join the forum.

The VCCI will also publish a directory book of the two countries' forum members which will be available at the event.

Petrolimex granted Lao licence

LAOS — The Viet Nam National Petroleum Corporation (Petrolimex) officially received its investment licence in Laos at a ceremony held at the Laos International Convention Centre.

Petrolimex will now be able to directly conduct business activities in Laos with the co-operation of Chevron, the world's third largest oil group.

Petrolimex has already established a limited company in Singapore and a representative office in Cambodia.

Indian-built IT centre to open

HA NOI — A centre for information and communications technology training will be opened in Thanh Xuan District tomorrow. It is a gift from the Indian Government to Viet Nam.

The project has been built at a cost of over VND57 billion (US$2.7 million) with VND46 billion ($2.2 million) worth of equipment, software, text books and teachers' training paid for by India's non-refundable aid.

Once operational, the centre will train programmers, professional technicians, State employees and enterprise managers for Ha Noi and nearby regions, with the aim of building an e-administration for the capital by 2015.

Growth in cement projects slows

HA NOI — Only two cement factories have been put into operation since the beginning of the year, the Ministry of Construction has said.

According to the ministry's plan, about 10 cement plant projects are set to be finished this year.

These projects were forced to a complete stand-still and haven't even begun construction. Several projects were left unfinished, awaiting further bank loans.

French IT firms' reps visit VN

HA NOI – Four French information technology enterprises have paid a three-day visit to Ha Noi and HCM City since Monday, according to the French Embassy in Viet Nam.

ESI Group, MEGA International, SYSUN Technologies and Worketer spent the trip learning more about the IT developing potential of Viet Nam.

The visit aimed to intensify mutual trading and co-operation in the field of information and technology between the two countries.

Source - vnagency.com.vn