Gov’t to add over VND900b to Hanoi’s metro line project
HCMC – The Government has decided to add over VND900 billion to the Cat Linh-Ha Dong metro line project in Hanoi. Deputy Prime Minister Le Minh Khai signed a decision amending the medium-term public investment plan using the central budget in the 2021-2025 period. According to the decision, an
Vietnam sees higher agro trade surplus
HCMC – The agricultural sector’s trade surplus in 2022 is estimated to reach US$8.5 billion, improving 30% against the year-ago figure, according to statistics of the Ministry of Agriculture and Rural Development. Vietnam saw a 9.3% year-on-year increase in agricultural exports in 2022, at over
HCMC bans trailer trucks from entering inner-city streets
HCMC – Trailer trucks will be banned from entering Nguyen Dinh Chieu and Vo Van Tan streets in downtown HCMC starting from December 31 to ease traffic jams and accidents, according to the HCMC Department of Transport. Under the municipal department’s decision, trailer trucks are banned from
First construction packages signed for North-South Expy’s phase two
HCMC – The Project Management Board No.6 under the Ministry of Transport held a contract signing ceremony for three construction packages of the Vung Ang-Bung and Bung-Van Ninh sections on phase two of the North-South Expressway project. They comprise a VND5.4-trillion package for the Vung
Vietnam’s export sector pins hopes on China’s reopening
HCMC – Vietnam’s exporters of tra fish, textiles and garments and rubber are pinning their hopes on China’s gradual reopening, according to VnDirect. According to the Vietnam News Agency, China started in early December to roll back many Covid-19 restrictions. Over the past three years, China has
Bridge connecting Binh Duong and Tay Ninh opened to traffic
HCMC – A bridge linking Binh Duong and Tay Ninh provinces was opened to traffic this morning, December 26, after two years of construction, according to the government of Binh Duong. The project, which includes two access roads, starts from Provincial Road No. 744 in Dau Tieng District, Binh
Container transport route at Chan May port put into operation
HCMC – Thua Thien-Hue Province on December 25 inaugurated the first domestic container transport service from/to the Chan May port. The container transport route is aimed at boosting the port’s growth, attracting investors, facilitating exports and imports in the central region and turning the
Upgrading of Cai Mep – Thi Vai port cluster to be executed early next year
HCMC – The Maritime Project Management Unit under the Ministry of Transport has approved a plan to select contractors for packages such as site survey consultancy, drawings preparation and bomb disposal to upgrade the Cai Mep – Thi Vai port cluster from Buoy No.0 to the Cai Mep Container Terminal.
Taiwan’s airline opens non-stop air service to Danang
HCMC – Tigerair Taiwan has launched an air route linking the Taoyuan international airport in Taiwan and the Danang international airport, making it the third in Taiwan to open a non-stop air service to Danang City since Vietnam fully reopened its airspace in March. A plane departing from the
Cash-strapped lenders
The State Bank of Vietnam (SBV) on December 5 loosened its grip on credit limits, raising the credit cap by 1.5-2.0 percentage points on top of the 14% credit growth quota for this year. That means commercial banks can provide an additional VND240 trillion to borrowers, but a question arises over
Landslides worsen in Mekong Delta
Landslides are getting worse in the Mekong Delta in both scale and frequency. What do we need to do to minimize the negative impacts of landslides in the region? In less than 10 years, landslides have cut off over 200 meters of sea dikes in the direction from the shore to the sea in Phu […]
AIC former chairwoman faces jail term of 30 years
HCMC – The Hanoi People’s Procuracy on December 24 proposed sentencing Nguyen Thi Thanh Nhan, former chairwoman of Advanced International JSC (AIC), to 30 years behind bars for her alleged violations in a scandal of bribery and bidding at the Dong Nai General Hospital project and AIC. At the
