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Foreign investors net sell in Vietnamese market, banking sector attracts interest
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| A view of Bình Sơn Sea in the central province of Quảng Ngãi. — Photo mothegoi.vn |
Viet Nam News
QUẢNG NGÃI — The central province of Quảng Ngãi has approved in principle FLC Group’s investment in six projects at the Vạn Tường Urban Area in Bình Sơn District with total capital of VNĐ13 trillion (US$557.2 million).
These include the Vạn Tường 1 urban area with total area of 497,902sq.m; FLC Quảng Ngãi ecological urban area with 353,123sq.m; Vạn Tường 8 urban area with 458,846sq.m; FLC Quảng Ngãi Golf Links with 810,442sq.m; Vạn Tường 4 urban area with 404,549sq.m and Vạn Tường 7 urban area with 344,315sq.m.
The province asked FLC Group to build an environmental impact assessment report for the FLC Quảng Ngãi Golf Links project to submit to the Prime Minister for approval.
The group was also required to quickly finish the environmental impact assessment reports for the remaining five projects and submit them to the provincial leaders for approval.
The provincial People’s Committee would work out mechanisms and policies to support people who would be affected by the projects as well as implement land clearance and resettlement.
Quảng Ngãi Province also instructed relevant agencies to visit localities in which FLC’s projects will be implemented, such as FLC Quy Nhơn in the central province of Bình Định, to assess the impact of the project on local residents. — VNS
