The project of a $20 billion gas & electricity complex in Quang Ngai province to be developed by Exxon Mobil is believed to have high feasibility thanks to the good reputation of the investor and the readiness of the local authorities.

The Ministry of Finance's inspection team has lost in a lawsuit for tax arrears, the judgement required that they return over VND7.17 billion (USD342,000) to a company in HCM City.

Under the government’s Resolution No. 15, state owned commercial banks can buy the stakes of finance companies and banks to be sold by State owned enterprises (SOEs) during their capital withdrawal process.

The Ministry of Construction has said no new cement projects will come into production in 2015-2016 as authorities have ordered project owners to refrain from building new ones due to the current oversupply, an official said.

Over 700 projects in local industrial parks (IPs) have seen investment licenses withdrawn or halted operations due to financial problems, according to results of an inspection into IPs and economic zones (EZs) announced by the government website chinhphu.vn.

Great opportunities would be created by the many-sided cooperation with the South Korean giant Samsung, which Vietnam should not miss. However, big challenges would also be generated.