Tag: infrastructure

Investment in modern infrastructure - airports, seaports, expressways, and high-speed railways - is crucial for Vietnam to achieve development goals.

Private investment has become one of key growth drivers.

Addressing the 9th China–South Asia Expo and the 29th Kunming Import and Export Fair, Yunnan province, China, Deputy Prime Minister Tran Hong Ha called on countries to enhance dialogue, strengthen a rules-based, open, free, fair, and transparent multilateral trading system.

The total estimated investment for the project is over VND 8.78 trillion ($345.56 million).

Land compensation and clearance procedures for the Metro Line 2 project have been completed, with 99 per cent of the cleared land ready for construction.

There are currently 443 IPs nationwide.

Southern city plans to mobilize capital from different social resources.

The north central province strives to disburse 100% of the public investment capital allocated by the Government by December 31.

Nationwide effort aims to exceed infrastructure construction goals

Projects include construction of an expressway connecting Bac Kan and Cao Bang provinces in Vietnam’s north.

PM Decision permits investment in infrastructure construction and trade at Dong Van III IP in northern province.

Total investment in purchases estimated at $304 million.

Total investment estimated at $111.2 million for project in northern province.

Province targets becoming a developed locality within the Mekong Delta.

Region’s technical infrastructure is still to meet development demand.

Chu Lai Port in central Quang Nam province - the gateway to trade in goods in the central region - is promoting trade services in bulk cargo. To improve its competitiveness and become a hub for domestic and international trade, the port has upgraded its infrastructure, built logistics solutions, and invested in specialized equipment and technology.

HSBC believes that given it regularly invests heavily in infrastructure development, equal to 6 per cent of GDP each year, Vietnam is likely to lead the ASEAN region in this regard. To sustain strong economic growth and adapt to rising urbanization, the country needs to continue upgrading and expanding its existing infrastructure.

The Vietnam Chamber of Commerce and Industry (VCCI) held a ceremony on October 12 to celebrate Vietnam Entrepreneurs Day (October 13) and honor outstanding local entrepreneurs. Prime Minister Pham Minh Chinh told the gathering that the government will create favorable conditions for entrepreneurs and businesses in all economic sectors to gain equal access to development resources. The non-State economic sector will be given favorable conditions to participate in the implementation of projects and works via public-private partnerships (PPPs).

To resolve congestion problems facing road exports to China, the Ministry of Finance has agreed with a proposal from the Ministry of Transport to turn Kep train station in northern Bac Giang province into an international intermodal terminal and to upgrade infrastructure at train stations in other cities to speed up goods clearance.

Deputy Prime Minister Le Van Thanh has signed Decision No. 1119/QD-TTg approving the investment policy on construction and infrastructure business at the Dong Soc Industrial Park in northern Vinh Phuc province, with the Vinh Phuc Trading Investment Company being the project investor. The project sits on 206,560 ha straddling Van Xuan commune, Vu Di commune, and Tu Trung town in Vinh Tuong district. Total investment is VND2.238 trillion ($94.85 million), including VND335.718 billion ($14.21 million) contributed by the investor and VND1.902 trillion ($80.64 million) mobilized from other sources.