High expectations for seaport development in Mekong Delta

High expectations for seaport development in Mekong Delta

The Mekong Delta boasts huge potential to develop logistics services thanks to strong economic development in recent years, with large volumes of seafood, rice, fruits, textiles and garments shipped to regions across the country and foreign markets.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fedex launches new Vietnam-India service, strengthens worldwide links

Fedex launches new Vietnam-India service, strengthens worldwide links

Leading courier services provider FedEx Express has launched new flight routes to enhance intercontinental services between Vietnam and India as also destinations in the Middle East, Europe, Africa and Asia.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC, Dong Nai province plan three new bridges

HCMC, Dong Nai province plan three new bridges

Ho Chi Minh City and the neighboring province of Dong Nai plan to build three new bridges to boost connectivity, but the two economic hubs in southern Vietnam have yet to reach a consensus on the timeline for the projects.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam offers big investment opportunities in infrastructure: UK firm

Vietnam offers big investment opportunities in infrastructure: UK firm

Vietnam is in need of hundreds of billions of USD for infrastructure development by 2030, including $68 billion for transportation, $13.1 billion for clean water, and $24 billion for broadband development, said UK-based built environment consultant Arup.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Chronic congestion persists in Hanoi, HCMC as buildings keep rising: minister

Chronic congestion persists in Hanoi, HCMC as buildings keep rising: minister

Stricter control of urban planning in line with population scale is needed to curb traffic jams in Hanoi and Ho Chi Minh City, said Minister of Transport Nguyen Van Thang, warning that traffic jams would continue if more high-rise buildings were developed in inner cities.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese, Danish investment funds launch logistics infrastructure platform

Vietnamese, Danish investment funds launch logistics infrastructure platform

Denmark's A.P. Moller Capital and Vietnam's VinaCapital, two major investment funds, have established a joint platform to increase investments in transportation and logistics infrastructure in Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gojek partners with Dat Bike to offer electric motorbike delivery service

Gojek partners with Dat Bike to offer electric motorbike delivery service

Gojek has embraced the trend of delivery service using electric motorbikes in Vietnam as the Indonesia-based platform launched a partnership with Vietnamese startup Dat Bike on Thursday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam accelerates national high-speed railway preparations

Vietnam accelerates national high-speed railway preparations

The Ministry of Transport is working on an investment policy for a North-South high-speed railway project which is set to be approved by 2025.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM sets construction, completion deadlines for key transport projects in Vietnam

PM sets construction, completion deadlines for key transport projects in Vietnam

Prime Minister Pham Minh Chinh has requested the Ministry of Transport and relevant agencies to accelerate work on major projects across the country, and provided deadlines for either construction or completion.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Two expressway projects planned for northern province

Two expressway projects planned for northern province

Tuyen Quang province is planning to build an expressway connecting Ha Giang province and an expressway upgrade linking Phu Tho province in the north of Vietnam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

98-km expressway linking 2 central provinces inaugurated

98-km expressway linking 2 central provinces inaugurated

The 98.3-kilometer Cam Lo-La Son Expressway linking two central provinces of Quang Tri and Thua Thien-Hue was inaugurated and opened to traffic on Saturday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

North-South expressway phase 2 construction to kick off on Jan 1

North-South expressway phase 2 construction to kick off on Jan 1

Twelve sub-projects of the North-South expressway phase 2 (2021-2025) are set to begin on January 1, according to Minister of Transport Nguyen Van Thang.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

North-South expressway phase 2 construction to commence before mid January

North-South expressway phase 2 construction to commence before mid January

All 25 packages of the North-South Expressway eastern section's phase 2 must start construction before January 15, says Minister of Transport Nguyen Van Thang.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam needs $16 bln for seaport development until 2030

Vietnam needs $16 bln for seaport development until 2030

Vietnam needs VND398,706 billion ($16.03 billion) to invest in seaports and other marine infrastructure until 2030, says Le Tan Dat, an executive with Construction Consultation JSC for Maritime Building (CMB).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central Highlands province proposes $692 mln expressway

Central Highlands province proposes $692 mln expressway

Lam Dong has submitted a proposal to build the 66-kilometer Tan Phu-Bao Loc Expressway as a public-private partnership (PPP) project with an investment of VND17,200 billion ($692 million).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Work begins on HCMC Ring Road 3 section

Work begins on HCMC Ring Road 3 section

Construction began Saturday on an 8.7-kilometer section of Ho Chi Minh City's Ring Road 3 that is set for completion in three years.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport minister can appoint contractors for North-South Expressway

Transport minister can appoint contractors for North-South Expressway

The Minister of Transport and chairpersons of provinces have been authorized to appoint contractors for North-South Expressway bidding packages in 2022 and 2023, as per a new government resolution.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Gov’t converts southern PPP expressway project to public investment

Gov’t converts southern PPP expressway project to public investment

The government has converted Bien Hoa-Vung Tau Expressway phase 1 from a public-private partnership (PPP) project to a public investment for faster completion, set for 2025.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam-Vladivostosk-Moscow railway, sea route inaugurated

Vietnam-Vladivostosk-Moscow railway, sea route inaugurated

A transport route connecting a sea route between Vietnam and Russia's largest port Vladivostok with a railway between Vladivostok and Moscow, was inaugurated Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Infrastructure incentives, reforms to help Vietnam attract private capital: HSBC

Infrastructure incentives, reforms to help Vietnam attract private capital: HSBC

Developing transport infrastructure is again a priority in a post-pandemic Vietnam but more reforms are needed to incentivize private investments, HSBC said Wednesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ring Road 3 construction to begin six months earlier

Ring Road 3 construction to begin six months earlier

Ho Chi Minh City plans to begin construction of Ring Road 3 in June 2023, six months earlier than planned, a senior official says.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thailand, Laos, Vietnam to launch joint transnational bus routes

Thailand, Laos, Vietnam to launch joint transnational bus routes

Thailand is in discussions with Vietnam and Laos about establishing new bus routes linking the three nations' popular destinations.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Express railway through HCMC likely to be elevated

Express railway through HCMC likely to be elevated

The 33-kilometer express rail section that runs through Ho Chi Minh City, operated by the HCMC-Can Tho railway project, is proposed to be elevated for ease of implementation.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

$430 mln Can Tho-Hau Giang expressway project seeks approval

$430 mln Can Tho-Hau Giang expressway project seeks approval

A VND9,993 billion ($430 million) expressway project, linking the two Mekong Delta provinces of Can Tho and Hau Giang, is proposed to commence in the fourth quarter of 2022.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Economist underlines railway necessity for Mekong Delta development

Economist underlines railway necessity for Mekong Delta development

A railway route linking Ho Chi Minh City, Vietnam’s southern economic hub, with Mekong Delta is essential for the major agricultural region to take off, said a senior economist.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fuel, raw material costs drive up CPI in May

Fuel, raw material costs drive up CPI in May

Rising fuel and raw material prices have driven up Vietnam's consumer price index (CPI) in May by 0.38% against April, and 2.86% year-on-year, according to General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam inflation remains under control: HSBC

Vietnam inflation remains under control: HSBC

Despite surging oil and raw material prices, Vietnam's inflation may be well under control this year, at 3.7%, below the central bank’s target of 4%, according to HSBC.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7