Vietnamplus

The southern province of Kien Giang estimates to welcome 585,680 in February, a drop of 44.5 percent from the previous month..

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by SARS-CoV-2 which started to hit the world earlier this year.

The Sai Gon river bus, launched with fanfare two years ago in Ho Chi Minh City, has not proved to be popular with commuters.

Ho Chi Minh City's authorities are planning to complete or start key transport infrastructure projects this year in an aim to reduce traffic congestion and develop connections between the city and neighbouring provinces.

Maintaining exports would be critical for the cement industry amid rising production output and anticipated sluggish domestic sales this year.

Five ministries have universally rejected a proposal by the transport ministry to restrict private investment in the country’s biggest airports and instead hand the job to a single company.

The Ministry of Finance and the World Bank co-held a seminar in Hanoi on January 15 to discuss the public-private partnership (PPP), international practices and the related bill.

The International Development Finance Corporation (IDFC) – an independent agency under the US government – plans to invest 15 billion USD in Indonesia, according to the Southeast Asian country’s Coordating Minister for Economic Affairs Airlangga Hartarto.

The Southern Key Economic Zone needs specially tailored policies to attract large amounts of foreign direct investment and improve linkages between localities to ensure sustainable development, experts have said.

The Mekong Delta city of Can Tho is planning to double the capacity of its wastewater collection and treatment plant, which was partly funded by the German Development Bank (KfW), and considers this one of the investment priorities in the coming time.

At a reception in Hanoi on January 8 for Adam Boehler, first CEO of the US International Development Finance Corporation (DFC), head of the Economic Commission of the Party Central Committee Nguyen Van Binh affirmed that Vietnam always supports and facilitates the investment by US firms in general and the DFC in particular.

The Eastern Economic Corridor (EEC) continues to attract more investors. Last year, the EEC generated over 100 billion baht from outside investment.

All construction on roads and pavements in Hanoi must be halted or completed by January 10 to ensure traffic safety for the upcoming Tet (Lunar New Year) holiday, the municipal transportation department said.

Government-backed development banks of Japan, China and the Republic of Korea (RoK) have signed an agreement with public and private financial institutions in Southeast Asia to meet growing demand for infrastructure projects in the fast-growing region.

Due to global weak demand and ongoing trade tensions, State investment in big-ticket infrastructure projects and the government's Eastern Economic Corridor (EEC) flagship appears to be one of the few lifelines that Thailand can bank on to maintain economic growth momentum in 2020.

Indonesian Coordinating Ministry for Economic Affairs on December 23 announced a list of 91 out of a total 223 strategic national projects that have been completed in 2019.

The Mekong Delta province of Hau Giang has set the goal of attracting one million visitors, including 70,000 international tourists, by 2025.

Foreign ministers of the Asia-Europe Meeting (ASEM) countries convened a plenary session on sustainable connectivity between Asia and Europe on December 16 as part of their 14th meeting in Madrid, Spain.

The Asian Development Bank (ADB) said on December 13 that it has approved a 200 million USD loan to help the Philippine government prepare implement major infrastructure projects under its flagship "Build, Build, Build" development programme.

Permanent Deputy Prime Minister Truong Hoa Binh delivered a keynote speech at a high-level session of the 10th Regional Conference of the Anti-Corruption Initiative for Asia-Pacific, themed “Preventing and Combating Corruption in Infrastructure Projects in Asia-Pacific”, in Hanoi on December 6.