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Investment

Waterway transport costs to Cambodia cut significantly
Investment

Waterway transport costs to Cambodia cut significantly

Under new regulations, fees and charges for transport along the Vietnam-Cambodia waterway route are 10-11 times lower than previously, due to the abolition of seaport infrastructure fees. The route has important political and economic significance for both Vietnam and Cambodia, contributing to improving national competitiveness and promoting socio-economic development.
Investment

Da Nang accelerating public investment disbursement

As of the end of September, central Da Nang city had disbursed VND3.5 trillion ($153.97 million) in public investment capital, or 50.5 per cent of the plan. The city is actively speeding up progress at large-scale and key projects and creating an open investment environment for businesses.
Hanoi to review unfinished projects using budget funds

Hanoi to review unfinished projects using budget funds

The Hanoi Department of Planning and Investment will review all projects using the city’s budget that remain unfinished or are past the implementation deadline and therefore affecting the city’s investment activities.
Con Dao Airport upgrades allow use of new generation aircraft

Con Dao Airport upgrades allow use of new generation aircraft

After upgrades to Con Dao Airport in southern Ba Ria-Vung Tau province are completed in 2023, it will be able to cater to new generation aircraft such as the A321ceo, A321neo, and A320neo. The upgrades will cost some VND2.4 trillion ($105 million).
Ministries and branches unable to disburse foreign loans

Ministries and branches unable to disburse foreign loans

Nine ministries and branches have sent documents to the Ministry of Finance requesting they return VND8.05 trillion ($354.4 million) in capital from foreign loans, or 44.08 per cent of the plan assigned by the Prime Minister, as they will be unable to disburse all of the capital allocated to them by the end of this year.
New LNG power plant for Quang Tri

New LNG power plant for Quang Tri

The T&T Group and three South Korean companies have worked together to invest in the first phase of the Hai Lang LNG (liquefied natural gas) power plant in central Quang Tri province, with total investment of nearly VND54 trillion ($2.38 billion).
Adani Group ready to expand investment

Adani Group ready to expand investment

The Adani Group is ready to expand its investment activities in Vietnam so that India will soon be among the country’s Top 10 sources of FDI. The Group has already invested in two renewable energy projects in the country.
Major LNG power project secures funding

Major LNG power project secures funding

MB and Techcombank have accompanied PVPower in arranging and coordinating the mobilization of $1.4 billion for the Nhon Trach 3 and Nhon Trach 4 gas power plants projects in southern Dong Nai province. This is the first liquefied natural gas (LNG) project where PVPower has arranged capital without a government guarantee.