Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade LTCUSD, Bitcoin and Cryptocurrencies

BUY & SELL LTCUSD | View LTCUSD News & Updates

Buy Sell LTCUSD, Bitcoin and Cryptocurrencies

Work starts on biggest software park in Vietnam   2008-07-20 - ThanhNienNews

A Taiwanese-Vietnamese joint venture started work on what is slated to be the country’s largest software park Saturday in Ho Chi Minh City’s District 2.



The 15.9-hectare software park in the Thu Thiem New Urban Area will require a total investment of US$1.2 billion, to be sourced from local company SaigonTel and TA Associates Vietnam, a consortium of three Taiwanese firms – Teco Electrical and Machinery Co., Shining Group and the Industrial Bank of Taiwan.

The park aims to provide facilities to develop and outsource software for export, to design circuits and chips, and to develop human resources.

Investors said they expected that once operational in late 2012, the second software park in the new urban area after the $610-million Vietnam-Japan Brain Park would employ around 70,000 laborers and generate annual revenue of $6.5 billion.

Other news

Property cools in capital with glum economy   2008-07-20

VN, Thai reps seek rubber deal   2008-07-20

City to get new outlying commerce hub   2008-07-20

Making hay while the sun shines   2008-07-20

BUSINESS IN BRIEF 20/7   2008-07-20

SeABank to sell stakes to Societe Generale   2008-07-20

Real estate procedures get simpler   2008-07-20

Standard Chartered Bank raises stake in Asia Commercial Bank   2008-07-20

A stronger grip on Vietnam’s banking market   2008-07-20

Eximbank says profit more than doubles   2008-07-20

VN-Index falls; investors seek pre-weekend profit   2008-07-19

BUSINESS IN BRIEF 19/7   2008-07-19

VN becomes Asia’s biggest exporter of timber furniture   2008-07-19

Stock market down, investors become more cautious   2008-07-19