Business line

Property developer a top pick for this year: brokerage

Kim Eng Vietnam Securities sees a rosy 2009 for Thu Duc Housing Development Corp. (TDH) and has accordingly upgraded its recommendation for the stock from "hold" to "buy."

First phase of new ecotourism resort opens in Nha Trang

The first phase of Hon Tam Ecotourism Resort has been opened in Nha Trang Bay, central Khanh Hoa Province.

Property firm breaks ground for condominium

Construction Joint Stock Company No. 5 has commenced work on a condo project in Ward 21 in HCMC's Binh Thanh District.

Viet Steel to build new furnace

Viet Steel Corporation will start work this March on a second steel furnace in Phu My 1 Industrial Park in the southern province of Ba Ria - Vung Tau with an annual output of one million tons of steel ingot, the company's CEO said.

Construction firm to list shares on HCM City bourse

Binh Chanh Construction and Investment Joint Stock Co said last Friday it would list 54.2 million shares on the HCM City exchange.