Most construction projects in the northern port city of Hải Phòng are running well above their initial cost estimates, with the cost hikes in some cases reaching thousands of billions of VND, according to a recent inspection by the Government Inspectorate.
The Airports Corporation of Vietnam will source about 74 million USD from its development capital to build the T2 passenger terminal at Phu Bai international airport.
Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth 206.58 million USD in the first half of 2018, up 3.29 percent from the same period last year.
The Airports Corporation of Vietnam (ACV) will source about 1.7 trillion VND (74.1 million USD) from its development capital to build the T2 passenger terminal at Phu Bai international airport in the central coastal province of Thua Thien-Hue.
The Ministry of Agriculture and Rural Development is seeking approval from the Government to build a Vung Tau – Go Cong sea dyke in an effort to combat waterlogging in Ho Chi Minh City.
An investment promotion workshop was held in Singapore on July 6 to introduce the strengths, policies, and opportunities of the central province of Quang Binh to Singaporean investors.
Enterprises in industrial parks and economic zones are important driving forces for industrial development in the northern port city of Hai Phong, a local official has said.
The People’s Committee of the Mekong Delta province of Kien Giang has instructed inspection teams to impose severe fines on violators of laws on construction, land subdivision, and illegal deforestation.
The Southern Power Corporation of the Electricity of Vietnam (EVN SPC) is investing in building six new power works in Phu Quoc island district of the Mekong Delta province of Kien Giang.
The Government of Vietnam has been implementing drastic measures to increase forest coverage in the Central Highlands region, while improving output of coffee and high value crops in easing deforestation.
Hanoi needs to seek new, breakthrough, sustainable momentum for growth in order to materialise its development vision, said Prime Minister Nguyen Xuan Phuc.
The northern province of Bac Giang will further its efforts to boost the local business environment by accelerating administrative reform and improving competitive capacity, said Chairman of the provincial People’s Committee Nguyen Van Linh.
The central city’s investment promotion agency (IPA) has asked a group of investors for a detailed plan of their proposals to develop an artificial island resort project off the coast of Da Nang.
The People’s Committee of Ninh Thuan province has granted investment licences to nine solar power projects worth over 12 trillion VND (527.4 million USD).
Many anti-landslide projects in Ho Chi Minh City are lagging behind schedule due to limited capital resources and slow progress of land clearance and compensation, according to the municipal Department of Agriculture and Rural Development.
The Red River Delta province of Bac Ninh ranks second nationwide in foreign direct investment (FDI) attraction in 2017, with 3.5 billion USD poured into 270 new and existing projects in 2017.
The northern province of Bac Giang is working out measures in an effort to attract 2 billion USD in domestic and foreign investment in 2018.
The central province of Quang Ngai has revoked the investment licence of the Tan Mai pulp and paper production plant due to delayed construction and operation and incomplete land-use certificate procedures as well as poor finance.
