Topic: implement

The Thanh Hoa Provincial People’s Committee has issued documents directing the strengthening of the management over and promoting the development of the local housing and real estate market, contributing to socio-economic development and ensuring social security and macro-economic stability. Besides the positive results, the development of the real estate sector still bears many shortcomings, limitations, and inadequacies, lacking sustainability and exhibiting risks. Thanh Hoa has therefore offered solutions to promote the safe, healthy, and sustainable development of the sector.

The Ministry of Transport has set aside more than VND12.6 trillion ($537.63 million) to implement traffic infrastructure projects in northern Nghe An province within the medium-term public investment plan to 2025. The province has also proposed investing in many key projects in the public-private partnership (PPP) form, such as upgrading Vinh International Airport and building the Cua Lo Deep-water Port.

Proposals have been made that southern Dong Nai province invest in and build the Thu Thiem - Long Thanh and Bien Hoa - Vung Tau railway lines, but the province has proposed the Prime Minister assign the Ministry of Transport (MoT) as the responsible agency. Investment in the two projects totals more than VND90 trillion ($3.84 billion), so it will be necessary to mobilize additional loans from foreign organizations.