Major infrastructure works begin in new year

A slew of infrastructure works have begun or been speeded up across the country after Tet (the Lunar New Year) holiday.
Major infrastructure works begin in new year ảnh 1HCM City’s first metro line linking Ben Thanh Market in District 1 with Suoi Tien Park in District 9. (Photo: VNA)
 
HCM City (VNA) - A slew of infrastructure works have begun or been speeded up across the country after Tet (the Lunar New Year) holiday.

Besides its metro lines, Ho Chi Minh City has also stepped up the pace of work at many other major infrastructure projects, including Beltway No 3, which is expected to reduce traffic congestion in the city by allowing vehicles to bypass it.

In early January, the Ministry of Transport had told the city to begin sub-project No 1 of the Beltway No 3 Project ahead of schedule.

The beltway will also shorten the distance between the city and the new urban area of Nhon Trach in Dong Nai and Binh Duong provinces.

In the first stage, the 97.7km beltway will have four lanes for heavy vehicles and two for others, according to the Cuu Long Corporation for Investment, Development and Project Management of Infrastructure, the project management unit.

It will allow traffic to travel at the speed of up to 100km per hour.

A 16.7km section from Binh Chuan to Tan Van in Binh Duong province built under the PPP (Public – Private Partnership) mode has already opened to traffic.

Work on the 34.3km second section through Dong Nai province and HCM City will be done in two stages and begin in late 2018 and early 2019.

Thailand’s Siam Cement Group plans to begin construction of Long Son Petrochemical complex in Vung Tau city on February 23.

The 3.4 billion USD petrochemical plant is expected to produce 1.6 million tonnes of olefin annually.

The 460ha complex in the Long Son Industrial Park will have 398ha for plants and 66ha for a port, warehouse and power plants.

The construction is expected to take more than four years.

Also in Ba Ria-Vung Tau province, the Zinc Oxide Corporation Vietnam JSC began construction of an electric arc furnace dust recycling plant in the Phu My Industrial Park on January 23.

In the central province of Thanh Hoa, construction of the Nghi Son No 2 thermal power plant at an estimated cost of $2.74 billion will begin in the Nghi Son IP in Nghi Son district in the first quarter, according to the provincial People’s Committee.

The 1,200MW plant will be built by a Japanese consortium comprising Marubeni and Kepco.-VNA
VNA

See more

Vietnamese Ambassador to China Pham Thanh Binh (left) and Chairman of the China Council for the Promotion of International Trade Ren Hongbin. (Photo: VNA)

Vietnam, China eye deepening trade promotion cooperation

The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.

PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM calls for bold, accelerated action in railway development

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.

Vietnamese Ambassador to Cambodia Nguyen Minh Vu meets with leaders and staff of three rubber companies in Kampong Thom province, Cambodia. (Photo: VNA)

Vietnam, Cambodia deepen investment links in Kampong Thom

Vietnamese Ambassador to Cambodia Nguyen Minh Vu on April 25 paid a working visit to several subsidiaries of the Vietnam Rubber Group (VRG) in Kampong Thom province, and held discussions with provincial leaders to enhance coordination and create more favourable conditions for Vietnamese firms, thereby promoting stronger bilateral investment ties.

Can Tho leaders and Bestway Group executives perform the symbolic launch ceremony for the new project. (Photo: VNA)

Bestway International launches 300 million USD plant in Can Tho city

Once operational, the plant is projected to create over 5,000 direct jobs and generate approximately 500 million USD in annual revenue, primarily through exports. The project is expected to significantly enhance regional employment and economic growth, contributing to Can Tho’s development and the broader Mekong Delta region.

Tra fish processed for export in Dong Thap province (Photo: VNA)

World Bank forecasts Vietnam's GDP growth at 5.8% in 2025

As a trade-oriented economy, with imports and exports representing almost 170% of the GDP, Vietnam is particularly exposed to ongoing shifts in global trade policies. The US remains the largest export destination of Vietnam, accounting for 30% of its total exports, while China makes up 38% of its imports.

Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien (Photo: VNA)

US calls tariff talks with Vietnam productive

US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam.

The working delegation from the Party Central Committee's Commission for Information, Education and Mass Mobilisation inspects the resettlement area for residents affected by the Ninh Thuan 1 Nuclear Power Plant project. (Photo: VNA)

Ninh Thuan asked to gain public support for nuclear power plant project

Pham Van Hau, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council, stated that recognising the importance of the project, the province has developed specific plans and a roadmap for its implementation. This includes focusing on effective communication efforts to gain high consensus among officials, Party members, and people.

Representatives from companies receive certificates of trademark rights at the launch of the "Green and Low-Emission Vietnam Rice" trademark. (Photo: nld.com.vn)

"Green and Low-Emission Vietnam Rice" trademark launched

VIETRISA Chairman Bui Ba Bong said that the launch is a strategic turning point in building the Vietnamese rice brand, aiming for the premium markets with strict carbon emission standards. The new rice trademark represents a commitment to environmental and social responsibility, not just a commercial label.