Phan Thiet-Dau Giay expy required to be completed by Q1 2023
HCMC – Minister of Transport Nguyen Van Thang has requested the Thang Long Project Management Unit to complete the Phan Thiet-Dau Giay expressway before April 30 next year. In his visit to the construction site yesterday, November 22, the minister determined that the investor’s report on 77%
Tetra Pak, VECA join to expand used carton collection
HCMC – Tetra Pak has cooperated with VECA to expand the collection of used beverage cartons to 18 districts in HCMC since October, up from 14 districts in the first phase. Tetra Pak and VECA also set up additional collection sites at 10 condominiums in the city. The volume of cartons collected is
Tay Ninh to build 11 bridges across Saigon and Vam Co Dong rivers
HCMC – The southern province of Tay Ninh plans to build 11 new bridges over the Vam Co Dong and Saigon rivers to improve regional transportation connectivity. With the proposed bridge construction, the government of Tay Ninh Province aims to enhance the traffic infrastructure and foster links with
Gia Lai set to develop 135 renewable energy projects
HCMC – The Central Highlands province of Gia Lai plans to invest in 135 renewable energy and power grid projects, with a total capacity of some 15,566 MW, between 2021 and 2030. This plan was put forward at a meeting on November 21 on renewable energy development between the provincial People’s
Vietnam garment exports below target
HCMC – The chairman of the Vietnam Garment and Textile Association, Vu Duc Giang, has said that Vietnam’s apparel exports are expected to bring in US$42 billion by the end of 2022, below the year’s target of US$43-44 billion. In October, apparel exports generated US$3.18 billion, down 3.3%
Transport minister urges faster land clearance for Long Thanh airport
HCMC – Minister of Transport Nguyen Van Thang has requested the Airports Corporation of Vietnam (ACV) to step up land clearance for the Long Thanh International Airport project as the job is slower than expected. In a field trip to the Long Thanh airport construction site in the southern province
BAEMIN Vietnam, Shinhan Bank launch co-branded credit card
HCMC – BAEMIN Vietnam, in partnership with Shinhan Bank Vietnam, today, November 22, launched a co-branded credit card named “Gourmet Member” which offers a credit limit of VND100 million. The BAEMIN-Shinhan credit card was launched amid the fast increase in the use of mobile devices and the
Ministry orders strengthening food safety after mass food poisoning
HCMC – The Ministry of Education and Training has written to provincial and municipal governments, urging them to improve food safety and clamp down on violations. It also ordered schools to strictly follow food hygiene and safety protocols, check the origin of food and food processing, and only
TLH to issue over 10.2 million shares to pay dividend
HCMC – Tien Len Steel Group JSC, whose shares are traded on the Hochiminh Stock Exchange under stock code TLH, will issue more than 10.2 million shares to pay the 2021 dividend. With the stock dividend payment at a ratio of 10%, each shareholder will receive 10 new shares for every 100 shares
Germany’s PNE AG to develop offshore wind farm in Binh Dinh
HCMC – PNE AG, a German company, has signed a memorandum of understanding with Binh Dinh Province to develop an offshore wind farm. The signing took place at an investment promotion conference held in the province on November 21. With an estimated cost of US$4.6 billion, the offshore wind energy
Long An approves 654-hectare IP project
HCMC – The Mekong Delta province of Long An has presented an investment certificate to Long An Development Invest JSC, a member of SAIGONTEL Group, to develop the 654-hectare Tan Tap industrial park project. The industrial park, which will be located in Tan Tap Commune in Can Giuoc District, will
Some 20,000 PouYuen workers take paid leave amid order shortfall
HCMC – A fall in new orders has forced PouYuen Vietnam, a major footwear manufacturer of Taiwan, to require 20,000 of its employees to take paid leave in rotation for three months, according to the HCMC Labor Confederation. As explained by the most labor-intensive firm in HCMC, the firm’s major
HCMC proposes shortening fuel price adjustment interval
HCMC – The HCMC People’s Committee has proposed that fuel prices be adjusted every five days, instead of every 10 days, to respond more quickly to global oil price movements. The HCMC government said that 9-20% of 549 fuel retailers in the city had reported daily supply shortfalls since October 1.
Work on Dau Giay-Lien Khuong expy to begin next year
HCMC – The Transport Ministry and Lam Dong and Dong Nai provinces are finalizing preparations to start work next year on the Dau Giay-Lien Khuong expressway. The 200.3-kilometer-long expressway project includes three components, comprising the 60.1-kilometer-long Dau Giay-Tan Phu section costing
Third passenger terminal proposed for Danang airport
HCMC – The government of Danang City is seeking approval from the Ministry of Transport to increase the number of flights and passengers at the Danang International Airport, including building a new passenger terminal to meet rising travel demand. Danang proposed that the ministry raise the
Ministry proposes amending rice import regulations
HCMC – The Ministry of Industry and Trade (MOIT) has written to the prime minister proposing amending Decree 107/2018/ND-CP on rice exports. The ministry said Vietnam usually exports 6-6.5 million tons of rice annually while statistics from the General Department of Vietnam Customs showed that the
