Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Deputy Minister of Agriculture and Rural Development Phung Duc Tien ordered localities, especially those in Mekong Delta, to focus on developing the supply chain and high-quality larvae so as to improve shrimp values and sustainably broaden the sector.
The Mekong Delta is to become a region of comprehensive development, modern and uniform infrastructure system, and dynamic economic growth under the Poliburo’s resolution on the region’s socioeconomic development to 2045.
The Capital Region, which comprises Hanoi and nine neighbouring localities, is expected to become a large integrated economic region of Vietnam, which is a premise and an important condition to promote the development of logistics in the region.
Industrial real estate has been a bright spot in the market thanks to a large amount of foreign investment inflows, great potential and high absorption capacity, according to experts.
Vietnam should invest in the infrastructure system and human resources in order to enhance its role in the new global supply chain, Whitney Baird, Principal Deputy Assistant Secretary for the Bureau of Economic and Business Affairs at the US Department of State told Thanh Nien (Young People) newspaper.
The southern industrial hub of Dong Nai has formed 32 industrial parks (IP) with a total area of over 10,222 hectares, 31 of which have been operational with the occupancy reaching 81.93 percent, according to the Dong Nai IP Management Board.
A delegation of the Korea Overseas Infrastructure and Urban Development Corporation (KIND) of the Republic of Korea (RoK) had a working session with officials of the Mekong Delta city of Can Tho on opportunities to invest in developing smart urban areas in the locality.
The southern province of Binh Duong on August 7 held a meeting with trade associations, local businesses and domestic investors to listen to their voice and remove obstacles facing them.
The Ministry of Natural Resources and Environment (MoNRE), together with relevant ministries and agencies, is accelerating the building of a master plan for the Mekong Delta’s sustainable development in adaption to climate change to 2030 with a vision to 2050.
The northern province of Thai Nguyen is striving to develop Thai Nguyen city as a catalyst for its development, at the cost of 100 million USD, including 1.8 trillion VND (77.5 million USD) in loans from the World Bank.
Prime Minister Nguyen Xuan Phuc and his Lao counterpart Thongloun Sisoulith on February 4 visited telecommunications company Star Telecom, a joint venture between Lao Asia Telecom and Vietnam’s Viettel Group.
The southern province of Binh Duong has set a target of attracting 1.4 billion USD in foreign direct investment (FDI) in 2018, according to Tran Thanh Liem, Chairman of the provincial People’s Committee.
The northern port city of Hai Phong is potentially becoming a key logistics centre domestically and internationally with improved infrastructure system