Vietnamplus

Vietnam is believed to be a lucrative market for digital economy with the second fastest growth pace in the world last year, after India.

Land prices in Bangkok capital city of Thailand has skyrocketed 75% in recent years due to infrastructure development along with urbanisation driven by mass transit expansion.

Investors and contractors have been told to strictly uphold traffic safety, and occupational safety and health measures at transport infrastructure construction projects, according to a recent directive issued by the Ministry of Transport.

Figures from the American Business Association show that the volume of goods imported and exported by sea between Vietnam and the US ranks second in Asia, only after China.

Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31.

Prime Minister Pham Minh Chinh had a meeting with ministries, sectors, and Mekong Delta localities in Can Tho city on January 30 to look into the progress of some transport projects.

Prime Minister Pham Minh Chinh attended the year-beginning launch of forces for the upgrade of the Nha Trang - Saigon rail route at Thap Cham Station in the south-central province of Ninh Thuan on January 26.

The Philippines will upgrade at least eight airports across the country in 2023 to boost mobility and connectivity, said Budget Secretary Amenah Pangandaman on January 19.

The northern mountainous province of Tuyen Quang has decided to invest 6.8 trillion VND (207 million USD) to construct an expressway connecting with its neighbour, Ha Giang province.

A member of the Philippine House of Representatives Marvin Rillo on January 15 said that the country will invest 17.7 billion pesos (322 million USD) in building and upgrading roads to tourism sites, which make the sites more accessible to visitors.

Vietnam always welcomes foreign investors, including those from China, in the spirit of “harmonious interests, shared risks,” Prime Minister Pham Minh Chinh has affirmed.

A leader of southern province of Binh Duong has hailed the effective investment of Tokyu corporation of Japan in urban development in the province and suggested the corporation also invest in transport infrastructure.

This year, Hanoi plans to increase investment in transport infrastructure and accelerate the progress of technical infrastructure investment projects, and major transport works to alleviate traffic congestion in the city.

To attract more foreign direct investment (FDI), Vietnam needs to pay attention to training high-quality human resources, accelerating administrate reform and developing and upgrading infrastructure, according to the European Chamber of Commerce (EuroCham).

Most Japanese enterprises are operating successfully in Binh Duong province, contributing to the local development, Nguyen Van Loi, Secretary of the provincial Party Committee, has said.

Construction of the third passenger terminal at Tan Son Nhat International Airport in Ho Chi Minh City began on December 25.

Vietnam welcomes the European Union (EU)’s commitment to mobilize 10 billion EUR (10.6 billion USD) by 2027 for investment in infrastructure projects in the Association of Southeast Asian Nations (ASEAN), Foreign Ministry deputy spokeswoman Pham Thu Hang stated at the ministry’s regular press conference on December 15.

President Nguyen Xuan Phuc attended a groundbreaking ceremony for infrastructure facilities of Lien Chieu Port project in the central city of Da Nang on December 14.

Infrastructure investment, trade environment and competitive labour costs are the three factors that keep Vietnam’s economy humming along and its growth numbers positive, according to an article published on the vietnam-briefing.com.

The 28th ASEAN Postal Business Meeting kicked off on December 7 in the central province of Binh Dinh, drawing delegates from the ten ASEAN countries namely Brunei, Cambodia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Singapore and Vietnam.