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Although infrastructure development in Vietnam’s biggest cities is gradually helping to bolster real estate in neighbouring areas and push up prices, investors are advised to remain cautious and take local livelihoods into account.
Phu Yen province on Vietnam’s south central coast is aiming to make breakthroughs in development rooted in fresh comprehensive planning for the rest of the decade.
The domestic steelmaker Hoa Phat Group and Petmal Oil Holdings from Malaysia have plans to pour VND230 trillion ($10 billion) into Phu Yen province
A Malaysian firm plans to invest US$5 billion in an oil refinery in Phu Yen Province
Prime Minister Pham Minh Chinh attended an annual programme to celebrate the traditional Lunar New Year for workers in the south central province of Phu Yen on January 8.