Tag: Ministry of Transport

Standards expected to help ensure transparency and efficiency in expressway projects.

Inspection finds violations in driving training, examining, and license issuing.

Contractors’ capacity and origin of construction materials must be strictly monitored.

Five key national projects to get underway this year.

More than VND5.4 trillion ($220 million) will be set aside by the government for six railway projects in the 2021-2025 period, with construction of the Nha Trang - Ho Chi Minh City section hoped to begin by the end of this year. The Ministry of Transport is now urgently completing investment in four projects renovating and upgrading the Hanoi - Ho Chi Minh City line, with total capital of VND7 trillion ($286 million), and is preparing to invest in important new international routes.

The Ministry of Transport (MoT) has issued an Official Letter requesting that its departments flexibly and effectively use tools and measures to control freight rates in accordance with the law on prices, to stabilize the market.

According to the Ministry of Transport, the transportation market grew well in all fields in the first nine months of 2022, especially passenger transport. Passenger transport by air increased 162 per cent, by railway 176 per cent, and by waterway 12.5 per cent.

Through a review, the Ministry of Transport has reported that there are eight build-operate-transfer (BOT) projects that are inadequate and need to be reported to relevant authorities for consideration on their future. The ministry has therefore proposed that a solution to terminate contracts ahead of time and allocate State budget capital of about VND13.115 trillion ($552.527 million) to compensate investors and project developers be submitted to the National Assembly for consideration and approval. This would also remove obstacles for investors, thereby restoring their trust.

As of the end of August, the Ministry of Transport (MoT) had disbursed 43.9 per cent of the public investment capital in its assigned plan. To the end of this year, it will need to disburse more than VND28 trillion ($1.19 billion). Ministry leaders have proposed speeding up disbursement for key projects and a number of ODA projects.

According to the Ministry of Transport, a study on a project to build a 73-km section of the Ho Chi Minh Highway from Chon Thanh - Duc Hoa, passing through the southern provinces of Binh Phuoc, Binh Duong, and Tay Ninh, is expected to be approved in the first quarter of 2023. The project will therefore be restarted shortly after a delay of more than eleven years due to a lack of capital.

A project to upgrade the Cai Mep - Thi Vai channel in southern Ba Ria-Vung Tau province from buoy No.0 to the Cai Mep container port has been approved by the Ministry of Transport, with total investment of VND1.414 trillion ($60.4 million) coming from the medium-term public investment plan for the 2021-2025 period.

The Politburo will discuss the North-South high-speed railway project in September, in which priority will be given to construction beginning on two sections - Hanoi to Vinh and Nha Trang to Ho Chi Minh City - with total investment of nearly $25 billion. The Ministry of Transport will seek National Assembly approval of the key national project before 2027.

The Ministry of Transport has said that the government has prioritized allocating more than VND7 trillion ($300 million) to four projects in the Mekong Delta’s Vinh Long province by 2025, including upgrading National Highways No. 57 and 53, the My Thuan 2 Bridge project, and the My Thuan - Can Tho Highway. The 23-km My Thuan - Can Tho Highway is expected to be completed and opened in April 2023.

Deputy Minister of Transport Le Anh Tuan has signed a document for the Airports Corporation of Vietnam (ACV) requesting that it direct Tan Son Nhat International Airport in Ho Chi Minh City to coordinate closely with the City’s Department of Transport on organizing traffic. The Ministry also requested the acceleration of infrastructure projects, to resolve traffic problems at the country’s busiest airport.

Deputy Prime Minister Le Van Thanh addresses construction of the Long Thanh International Airport.

The Ministry of Transport has approved the construction of three airline operating centers at Long Thanh International Airport in southern Dong Nai province, on a total area of more than 57,000 sq m and with total investment of over VND700 billion ($30 million).

The Minister of Transport has issued a Circular stipulating price brackets for franchising air services, effective from September 1. Circular No. 13 applies to airport enterprises, enterprises providing aviation services at airports, and other organizations and individuals related to the franchising of aviation services at airports. The Ministry of Transport has taken on this task in place of the Airports Corporation of Vietnam (ACV).

According to the Vietnam Maritime Administration, the volume of goods passing through the country’s seaports reached just over 370 million tons in the first half the year, up a mere 2 per cent year-on-year. The Ministry of Transport is studying a policy to help the industry post higher growth.

To speed up the disbursement of more than VND33 trillion ($1.42 billion) in the second half of the year, the Ministry of Transport (MoT) will get 32 projects underway and complete 24 others. Under planning, the Ministry will invest in 66 new projects in the 2021-2025 period.

Minister of Transport Nguyen Van The has said the Ministry is expected to disburse about VND3.8 trillion ($166.2 million) in April; 5 per cent higher than the national average. By the end of the second quarter, its disbursement rate will be 10 per cent higher than the national average.