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Vietnamese enterprises expanding into international markets

Hoang Anh Gia Lai Group has become one of the most successful investors in this neighbouring country with the total investment capital of US$1 billion in such areas as rubber, sugar cane, mining and hydropower industries.

IFAD funds Vietnam’s agricultural development project

The funding, the largest that IFAD has given to Vietnam so far, will be used for the northern province of Tuyen Quang, the Central Highlands province of Gia Lai and the southern province of Ninh Thuan in the 2011-15 period. IFAD President Kanayo F. Nwanze, who visited Vietnam last November, spoke highly of what the Vietnamese government has gained in agriculture and rural development, describing Vietnam as an excellent model for developing countries.

Gov’t chief okays foreign-funded projects on agriculture

The agricultural sector, peasants and rural areas in the northern province of Tuyen Quang, the central province of Ninh Thuan and the Central Highlands province of Gia Lai will directly benefit from the non-refundable projects.

Kon Tum cancels hydroelectric plant projects

The cancelled projects include Dak Xo Rach 3, Dak Xo Rach 4, Ngoc Tem which were produced by Hoang Anh Gia Lai company, Dak Man of Tu81 Cuong company, Nuoc Chim of Minh Chien company, Dak Plo of Dai Phat and Dak Ro Ke of Trung Dong company.

Trung Thuy to build resort on disputed land in Dalat

The Trung Thuy Group Corporation is readying ground breaking for its US$20-million resort on a two-hectare area in Dalat City, a site earlier allocated to Hoang Anh Gia Lai Group (HAGL) and then controversially recalled by Lam Dong Province.

Hoang Anh Gia Lai builds its brand outside Vietnam

The winds of change are starting to blow through south-east Asia. In the past, the differences between regional markets have been more important than the similarities, and the investment that has driven much of the region’s growth has come either from the west, or from east Asia – Japan, China and South Korea. But south-east Asian corporates – boosted by balance sheets that have survived the global financial crisis with little damage, and liberated by barriers to investment coming down – are now beginning to look within the region for new opportunities. Hoang Anh Gia Lai is a Vietnamese furniture maker that has expanded to become the country’s largest property developer.


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