Thursday, December 31, 2009

The 10 biggest FDI projects in 2009

According to Thoi Bao Kinh Te Vietnam, the 10 biggest FDI investment projects in terms of registered capital in 2009 include six real estate projects, two projects in accommodation services, one processing industry project and one mining project.

The top 10 FDI projects are capitalized at $12.7 billion, of which real estate projects alone make up $6.48 billion. Most were just granted licenses in the fourth quarter of 2009.

Wednesday, December 30, 2009

Vietnam attracts US$21.48 billion in FDI in 2009

US$21.48 billion in foreign direct investment (FDI) has flown into Vietnam this year despite the global economic crisis and stiff competition from other regional countries.

Of the total, US$16.34 billion is registered by 839 newly-licensed projects and the rest from additional capital poured into 215 ongoing projects, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

The agency said that accommodation and restaurant services continued to catch the eye of foreign investors this year, drawing in US$8.8 billion.

Real estate came second with an estimated US$7.6 billion, followed by manufacturing and processing with US$2.97 billion.

In 2009, the country’s disbursed capital is estimated to have reached US$10 billion, about 1.5 billion lower than in 2008 when FDI hit a record high of US$64 billion, according to the agency.

Tuesday, December 29, 2009

Respect Vietnam vets

President Obama's speech at West Point (Dec. 2) was right on mark and I believe we will rid the area of terrorist criminals in and around Afghanistan. Taking the fight to these thugs on their home turf is a good plan.We will root these cowards out and wipe them out. They won't be bombing anyone else ever again.

The part of the speech where our president compares this new deployment of our combat troops with the Vietnam War is where I have a disagreement. He said he disagrees when hearing "Afghanistan is another Vietnam." The president then gave three reasons why the two conflicts differ. I realize the president respects Vietnam Vets, but there are plenty of people who say and think that the "Nam" War was a disaster. This is a put down of the American combat troops who fought and died in the Nam.

As a Vietnam Era Vet I resent these ridiculous comments. Most of us were drafted and had no choice about assignments, but we wouldn't have it any other way and think we kicked the VC in their butts!

Since these Vietnam Era critics and doubters like this war better then the Nam why don't they sign up for this one. Maybe they'll learn that war is war no matter where it's fought and that serving your country honorably like we Nam Era Vets did is what counts.

Sunday, December 27, 2009

Seeking capital for real estate projects

VietNamNet Bridge Experts have been called on to set up a legal framework to call for capital for real estate projects, or Vietnam will never be able to meet the demand for accommodation.


A real estate conference which gathered late last week heard that in 2008 loans provided to fund real estate projects were 132,545 billion dong, or 9.15 percent of the total of outstanding loans in the year. The figure had increased by 10 percent by June 30, 2009.

However, bank loans are not the only channel which brings capital to the real estate market

Saturday, December 26, 2009

Stocks, gold, real estate or dollars – what’s best for Vietnam’s investors?

Stocks, gold, real estate or dollars – what’s best for Vietnam’s investors?

All investments are risky

The gyrations of the world gold market recently have helped many Vietnamese earn a fortune, but at least as many others have been cleaned out. Amateur investors are conspicuous in the latter group, having plunged in without good market information and all too often placing their bets with the help of dreams and horoscopes.

Vietnam Real Estate News

Chao Vietnam Properties