Tag: upgrade

The relationship between the two countries have been upgraded to Comprehensive Partnership.

The airport is expected to be upgraded to handle 10 million passengers and 50,000 tons of cargo annually.

The upgrade will enable the airport to accommodate large aircrafts such as B787 and A350.

The central province's seaports expected to handle 22-26 million tons of cargo per year by 2030.

The section is part of National Highway 13 that connects the city to neighboring Binh Duong province.

Total investment capital estimated at $128 million.

Under approved plans, total investment capital for upgrading two roads is estimated at over $48 million.

The airport to be pgraded into a dual-use facility.

The airport projected to handle 1,000 tons of cargo annually.

Central region port to be able to accommodate vessels of 50,000 DWT.

Vietnam’s stock market looking to move up from frontier status to emerging market status.

Link between south-central region and central highlands facilitates local economic development.

The government has issued measures for implementing the Planning for Inland Waterway Infrastructure in the 2021-2030 Period and Vision to 2050, which identifies 17 investment projects using State budget capital and a series of projects upgrading and expanding passenger and cargo ports using enterprise capital. A breakthrough mechanism on access to foreign preferential loans by the government will also be applied for infrastructure projects that effectively connect inland waterway traffic with seaports.

A proposal has been made for a new passenger terminal to be built at Vinh International Airport in north-central Nghe An province with a capacity of 12 million passengers a year and also an additional runway. Current capacity is only 2 million passengers a year.

Vietnam one of four countries to receive an upgrade from Moody’s since the beginning of the year.

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.

North-central Thanh Hoa province has proposed expansions and upgrades to infrastructure at Tho Xuan Airport costing a total of more than VND3.6 trillion ($154 million). The airport currently has only one runway and already exceeds its designed capacity of 1.2 million passengers a year, with passenger numbers expected to hit 1.6 million by the end of this year.

The Dien Bien Airport expansion project, costing more than VND1.54 trillion ($67.4 million), is expected to begin in December and be completed early in the fourth quarter of 2023. After the upgrade, the airport will have a capacity of welcoming 500,000 passengers a year, an increase of 200,000.