Friday, August 24, 2007
Vietnam : Cat Ba resort project seeks investors
We suggest two major types of investment: Either 100% foreign capital or the establishment of a joint-venture company between Viet Nam Construction and Import and Export Corporation (Vinaconex) and investors.Investors will have the benefit of several incentives. These include exemption from land-use fees; land-use tax and a five-year exemption from corporate tax. We are committed to ensuring that investors will pay the lowest initial investment cost against all other real-estate and tourism projects in Vietnam. This is because the Government and local authorities consider the project of great importance to Vietnam's tourism industry.