Investment
Construction of 963-unit social housing project kicks off in Da Nang
Total investment capital estimated at VND1.3 trillion (about $49 million).
Investment
Matters of productivity
As Vietnam seeks new growth models, it must also improve how traditional models are used so that growth is based on quality rather than quality.
Investment
A risk-based approach to financial transaction regulations
With digital transformation likely to have a major role to play in financial transactions into the future, the governing legal framework is in need of reinforcement.
Quang Nam to build Nghia Tu Bridge
Central Quang Nam province will invest VND315 billion ($13.8 million) on building the Nghia Tu Bridge spanning the Co Co River. It also plans to build two other bridges to complete its traffic infrastructure, create an architectural highlight along the river, and promote socio-economic development.
Early investment proposed for two key railway lines
Early investment has been proposed for the 84-km Bien Hoa - Vung Tau railway line and the 38-km Thu Thiem - Long Thanh international airport railway line, in order for progress to be consistent with the construction of Long Thanh International Airport by 2025. The two railway lines have total investment of VND90.5 trillion ($3.9 billion).
Ground broken at key bidding package in Long Thanh International Airport project
Airports Corporation of Vietnam (ACV) broke ground on March 30 for the bidding package of “Pile construction of the passenger terminal of component project 3” within the first phase of the Long Thanh International Airport project in southern Dong Nai province. This key event has great significance for Vietnam’s socio-economic development. Total investment for the airport project is VND336.6 trillion ($14.6 billion), divided into three phases.
Superport set to be built in HCMC
The Vietnam Maritime Corporation (VIMC) and the Mediterranean Shipping Company (MSC) are accelerating research and development into an international super-container trans-shipment port in Can Gio district, Ho Chi Minh City, worth more than $870 million. This superport will sit on 570 ha, have a main wharf stretching 6.8 km, be capable of berthing ships of 250,000 DWT, and have a capacity of handling 15 million TEUs.
MoT proposes regular maintenance of inland waterways
The Ministry of Transport (MoT) is drafting a Circular stipulating the management and maintenance of inland waterway infrastructure. Circular No. 01/2019/TT-BGTVT does not include regular maintenance of inland waterways, so in this draft, MoT has proposed adding regulations on conducting regular maintenance.
Hau Giang targets having 15 industrial clusters by 2050
The Mekong Delta’s Hau Giang province has set a target of investing nearly VND4 trillion ($174.73 million) in the 2021-2025 period in technical infrastructure at ten industrial clusters with a total area of nearly 550 ha, and to boost occupancy to over 80 per cent. The province also plans to develop five additional industrial clusters by 2050, bringing the total to 15 with a total area of nearly 908 ha.