S'pore project in Vietnam

Mon, 21 Apr 1997 | Source: AFP

HANOI (AFP): A Singaporean firm broke ground for a US$10 million office complex in Ho Chi Minh City, a report said over the weekend.

Yuan Cheny Singapore is to take a 70 percent stake in the joint venture project with the Transport Services 3 Company, under Vietnam's Ministry of Transport, holding the balance, the Nguoi Lao Dong newspaper said.

The project is to build a 19-storey office building in central Ho Chi Minh City with construction slated for completion in 1999.

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