Business

PM urges speeding up key transport projects

Prime Minister Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.
PM urges speeding up key transport projects ảnh 1Prime Minister Pham Minh Chinh (Photo: VNA)
Hanoi (VNA) – Prime Minister PhamMinh Chinh ordered competent sides to accelerate construction of key transportprojects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects onFebruary 16.

The hybrid-form meeting was connected to 46 provinces and centrally-run cities wherethe projects run through.

At the event, PM Chinh hailed localities, sectors, investors and contractorsfor their efforts to hasten implementation of the projects; however, he saidseveral lagged behind schedule due to prolonged investment procedures, sluggishsite clearance and loose coordination of relevant quarters, among others.

He requested delegates at the session toevaluate the situation and propose measures to speed up the constructionprogress while ensuring quality, labour safety and environmental standards, remove bottlenecks in officialdevelopment assistance (ODA) disbursement, and study the use of sea-sand inconstruction.

The Government leader laid stress on the significance of public investment tothe national development, highlighting that some 657 trillion VND (26.82 billion USD) in total public investment capital will be allocated in 2024, most of whichis for transport infrastructure development.

PM urges speeding up key transport projects ảnh 2At the 9th session of the Steering Committee for Key National Transport Projects on February 16 (Photo: VNA)
Once transport projects are put into operation, they will help reduce logisticscosts and improve competitive edge for enterprises, while giving a boost todevelopment of industry, services and urban areas, he said.

The country now counts 34 major transport projects and 86 component ones being implemented in 46 cities and provinces across the nation. Those include five railwayprojects, two airport projects, highways, and ring roads in Hanoi and Ho ChiMinh City./.
VNA
#Prime Minister Pham Minh Chinh #construction #key transport projects #public investment capital #infrastructure development #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

HCM City aims to promote smart traffic system

HCM City aims to promote smart traffic system

Along with completing its transport infrastructure system, Ho Chi Minh City is building a smart traffic management and operation system using high technologies to deal with traffic congestion and reduce accidents.

See more

Chief Executive Officer of Prudential Vietnam Kevin Joong Kwon (Photo: Courtesy of Prudential Vietnam)

Prudential Vietnam has new chief executive officer

With over 25 years of experience in the life insurance and financial services industry across Asia, Kwon brings a strong track record of driving growth, operational excellence, and customer-centric innovation.

Passengers on the inaugural Hanoi- Xi’an flight. (Photo: Vietjet)

Vietjet inaugurates Hanoi- China’s Xi’an route

The service departs from Hanoi at 9:25 pm every Monday, Wednesday, Friday, and Sunday, and arrives in Xi’an at 1:10 am the following day. The return flight leaves Xi’an at 2:10 am every Monday, Tuesday, Thursday, and Saturday, and lands in Hanoi at 4:10 am (local time).

An overview of the Vietnam – Bulgaria business networking event (Photo: VNA)

Vietnamese, Bulgarian businesses seek stronger partnership

A Vietnam–Bulgaria business networking event has been held at the Trakia Economic Zone (TEZ) headquarters in Plovdiv, Bulgaria’s second-largest city, aiming to strengthen trade ties and support Vietnamese businesses in accessing the Bulgarian market.

Illustrative image (Photo: VNA)

PM asks for enhanced efficiency in managing monetary, fiscal policies

Regarding the monetary policy, the PM tasked the State Bank of Vietnam (SBV) with coordinating with relevant agencies to closely monitor global and domestic economic developments and proactively, flexibly, and effectively manage the monetary policy in line with macroeconomic conditions and monetary policy objectives, as outlined in the Government’s Resolution No. 154/NQ-CP dated May 31, 2025, regular cabinet meetings’ resolutions, and the PM’s directives.

Dong Tam’s brick factory in Long An province. (Photo: vnexpress.net)

Production projected to rebound in Q3

Findings from a recent business sentiment survey conducted by the NSO under the Ministry of Finance show that 37.3% of businesses expect better performance in Q3, while 43.5% forecast steady operations.

Stefan Winzenried, founder and CEO of JANZZ.technology. (Photo: VNA)

Swiss firms hopeful about Vietnam’s int’l financial centre

Winzenried described Ho Chi Minh City as a natural fit for an international financial centre, citing its strong regional connectivity, a young and energetic workforce, and an increasingly business-friendly environment that has attracted a wave of technology companies.

Prime Minister Pham Minh Chinh (R) at his meeting with a leader of the JBS group in Rio de Janeiro on July 6. (Photo: VNA)

Vietnamese PM Pham Minh Chinh works with leading Brazilian businesses

Vietnamese Prime Minister Pham Minh Chinh had working sessions with leaders of major Brazilian corporations on the morning of July 6 (local time) in Rio de Janeiro, with a view to expanding cooperation in aviation, biofuel production, agriculture, and food processing and distribution.

The rotor of the first turbine at the expanded Hoa Binh Hydropower Plant project is successfully installed. (Photo: VNA)

First turbine rotor installed at expanded Hoa Binh Hydropower Plant

Weighing 585 tonnes, the rotor — the rotating part of the generator — was placed into the stator with high technical precision, requiring close coordination among participating units. The successful installation reflects the determination and efforts of the project teams amid challenging construction conditions.