US bank Citi has approved a US$470 million financing agreement for the Nhon Trach 2 power plant in the south of Vietnam.

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Citi finalizes Vietnam power plant financing

Deputy Prime Minister Hoang Trung Hai has approved in principle a proposal to defer application of a rule that requires container truck drivers to upgrade their licenses until next year.

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Commercial driving license rule postponed by another year

Prime Minister Nguyen Tan Dung has approved new home ownership regulations allowing overseas Vietnamese to purchase any number of houses in the country.

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Home ownership limits removed for overseas Vietnamese

The World Bank has approved four credits totaling US$456.5 million to help Vietnam’s transition to a middle-income country.

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WB ups fiscal year lending to $2.13 bln

Vietnam’s Ministry of Construction has approved a proposal to develop 20 square meter apartments on a trial basis to meet the high demand for housing in Ho Chi Minh City.

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Developer gets nod to build 20 sqm efficiency apartments