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BUSINESS IN BRIEF 2/10   2008-10-02 - VNA

Debate on regulations for northern industrial complexes

Representatives from 28 northern provinces and cities gathered at a seminar held in Hai Phong port city on October 2 to discuss measures to regulate industrial complexes (ICs).

The participants at the seminar, entitled “Sustainable Development of Industrial Complexes: Real Situations and Measures”, agreed that the next step is for the Ministry of Industry and Trade (MoIT) to introduce and promulgate new regulations regarding IC management in the country.

The ministry should aim to give preference and financial support to ICs in order to develop their infrastructure and environmental treatment systems, they added.

They also agreed that the country’s ICs currently lack an overall strategy, state-managed document system, preferential mechanisms and capital.

According to the MoIT, more than 1,600 industrial complexes will be built on a total area of 73,000 ha in the country by 2010.

The seminar was co-organised by the MoIT’s Department of Local Industrial Development and the Hai Phong Department of Industry and Trade.

Celadon Int’l to manage resort & spa in Binh Thuan

Celadon International, the first hotel management and tourism company established in Vietnam, will manage the 100-room Exotica Playa Resort owned by the 21st Century Joint Stock Company (C21).

The resort, situated in Lagi town, central Binh Thuan province, will get another investment of 17 billion VND (1 million USD) for better facilities.

Celadon International General Director Paul Stoll said he hoped the cooperation between the two partners will help to turn Binh Thuan into a tourism attraction.

As Celedon plans, Exotica Playa will be a venue of international tourism and trade events in the future.

Japan-funded power plant to be built in Thai Binh

A Japan-financed thermo electric power plant will be built in the Red River delta province of Thai Binh following an approval from the Ministry of Industry and Trade.

The construction of the 600-MW Thai Binh Power Plant I is estimated to cost 12.96 trillion VND (approximately 789.7 million USD), with 85 percent of which sourcing as loan from the Japan Bank for International Cooperation and the remaining, the Electricity of Vietnam.

Construction of the plant will begin in the fourth quarter of next year and is scheduled for completion by 2013. Once operational, the plant is expected to consume more than 1.53 million tonnes of coal and 46,000 tonnes of limestone a year.

Danish businesses interested in Vietnamese market

A delegation of 20 Danish enterprises operating in the fields of construction materials, printing and packaging will visit Vietnam from October 6-11 to seek business opportunities.

According to the Danish Embassy in Hanoi, the delegation will attend a seminar on energy-saving and environmentally-friendly building materials, printing and packaging scheduled to take place in Hanoi on October 6.

The Danish businesses will also meet with some 200 Vietnamese partners in Hanoi, Ho Chi Minh City and several localities to seek opportunities to set up joint ventures.

Any commitment reached to JV establishment will receive a maximum aid of 1 million USD from the Business-to-Business (B2B) Programme for implementation, the embassy said.

Established in 1997 by the Danish International Development Agency (DANIDA), the B2B programme aims to improve Vietnamese enterprises’ competitiveness, thus strengthening the country’s economic growth and poverty reduction

Thua Thien-Hue attracts 1.1 million visitors

Central Thua Thien- Hue province has so far this year welcomed more than 1.1 million visitors, a year on year increase of 25.4 percent, grossing nearly 540 billion VND from tourism, a 35.2 percent increase.

The figure included 535,100 foreigners, a 32.5 percent rise.

In addition to visitors from its traditional markets including France, Japan, Britain and the US, the number of Thai and Chinese tourists travelling to Hue on road also increased sharply. In three days from August 28-30, the Hue Green International Travel Centre welcomed a group of 1,300 Thai tourists on a Thailand-Laos-Vietnam cars tour.

Visitors who travelled to Hue by sea and rail ways have also markedly increased.

This year, the province has put 700 more hotel-rooms into use, with a total estimated investment of 700 billion VND. Especially, a private company has invested 10 million USD in a five-star resort, named Pilgrimage Village, which has 99 rooms in villas and bungalows, restaurants, bars, a spa and sports area.

Thua Thien-Hue now has 149 hotels and rest houses with 5,200 rooms.

Cruise service launched on Vietnam-Cambodia route

Travellers between Vietnam and Cambodia now have one more means of transport to choose after a UK company launched its cruise service in the Mekong delta province of Tien Giang on October 1.

The RV Orient Pandaw liner set out on its maiden voyage, scheduled to last eight days and seven nights, to Cambodia ’s popular tourist province of Siem Reap with 60 passengers and 24 sailors.

The three-star cruiser is an investment of the Pandaw Cruises company of the UK.

It’s all business as Dell Inc targets SMEs

Computer hardware giant Dell Inc has announced its development strategy in Vietnam, favouring small and medium-sized enterprises (SMEs).

The Director of the South Asian Developing Markets Group, Catherin Lian, said SMEs constitute one of five primary targets being pursued by the American giant, and Vietnam, with its high number of SMEs is an excellent market for the implementation of this strategy.

Accordingly, Dell has introduced a new model of laptop into the market, designed specifically for use by SMEs in developing countries. The Dell ‘Vostro’, though extremely lightweight and tiny in size, has all of the information technology functions a businessperson could need.

Dell Inc established a new distribution network, Partner Direct, which will initially cater for the Ho Chi Minh City market.

Lian described Vietnam as a potentially huge market with numerous opportunities for IT businesses to develop.

She also said her company has successfully broken into the new Southeast Asian market after four months of operations. She looked forward to better prospects for her company in Vietnam, due to the rapid development and increasing use of wireless internet technology.

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