Four HCMC auto testing centers resume operations today
HCMC – Four vehicle inspection and registration centers in HCMC, which are among those being forced to shut down while under a police investigation, have been cleared to reopen today, January 16, to meet the demand of auto owners ahead of the Lunar New Year holiday, or Tet. The four facilities are
CIP seeks to develop 10-GW offshore wind power project in Vietnam
HCMC – Copenhagen Infrastructure Partners (CIP) Corporation, a Danish-based investment firm, plans to develop over 10 GW of offshore wind power in Vietnam’s northern and southern regions. Stuart Livesey, senior director and head of CIP Vietnam, stated the firm would utilize the experience gained
PM wants 3,000 kms of expressway completed by 2025
HCMC – Prime Minister Pham Minh Chinh has told the Ministry of Transport to complete the construction of 3,000 kilometers of expressway by 2025. According to PM Chinh, the funding plan will focus on traffic infrastructure, particularly with expressway development projects. Constructing expressways
Tan Son Nhat’s temporary taxi stand ready from January 15
HCMC – The Tan Son Nhat International Airport plans to put the 3,500-square-meter temporary taxi stand into operation from January 15 to February 6 to serve the huge demand of taxis waiting their turn to enter the domestic and international terminals during the Lunar New Year holiday (Tet). The
Vietnam-Kazakhstan freight trains resume operations
HCMC – The rail line linking stations in Vietnam and Kazakhstan via mainland China has been reopened thanks to China’s easing of Covid-19 restrictions. The relaxation of China’s zero-Covid policy has made it easier for freight trains from Vietnam transiting via China to third-country destinations
Warning issued against former Govt Office chief
HCMC – The Secretariat of the Party Central Committee has issued a warning against Mai Tien Dung, former Minister-Chairman of the Government Office, over his serious violations. Party General Secretary Nguyen Phu Trong chaired a Secretariat meeting today, January 13, to look into the
CIEM: 2023 GDP growth may beat target
HCMC – Experts at the Central Institute for Economic Management (CIEM) have forecast that Vietnam’s 2023 gross domestic product (GDP) growth may exceed the National Assembly-approved target of 6.5%. It was one of the two scenarios envisioned by CIEM and the German Agency for International
HoREA proposes eliminating social housing land requirement
HCMC – Owning a home will continue to be a distant dream for many people if the regulation that requires property developers to set aside 20% of their project land for social housing development is in place, said the HCMC Real Estate Association (HoREA). The association proposed amending the law
HCMC, provinces approve investment roadmap for Beltway 4
HCMC – HCMC and four neighboring provinces have approved an investment roadmap for Beltway No. 4, scheduled to be commenced in 2024 and completed in 2028. The 200-kilometer beltway will pass through HCMC and four neighboring provinces — Long An, Binh Duong, Dong Nai and Ba Ria-Vung Tau. HCMC met
Vietnam’s exports to U.S. exceed US$100 billion
HCMC – Revenue from Vietnam’s exports to the U.S. surpassed the US$100-billion mark last year, making America the largest export market of the Southeast Asian country. It was the first time that Vietnam had exported more than US$100 billion worth of goods to a foreign market, according to the
Vietnamese passports up in global ranking
HCMC – Vietnamese passports have risen four places to 88th on the Henley Passport Index, which ranks the passport power based on the total number of visa-free or visa-on-arrival destinations available to holders worldwide. Vietnamese passport holders can now visit 55 countries and territories
Finance Ministry wants to stay away from fuel pricing role
HCMC – The Ministry of Finance (MOF) has written to the Ministry of Industry and Trade (MOIT), saying it does not want to carry the ball over fuel pricing regulation. In a draft decree amending Decree 95/2021 and Decree 83/2013 on fuel trading and pricing management, the MOIT proposed three