The occupancy rate at operational industrial parks (IPs) nationwide hits nearly 75 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
The Hoa Binh hydro power plant expansion project is expected to start in the second quarter of 2020 and be completed in 2023, according to Vietnam Electricity (EVN).
Hanoi is willing to facilitate investment by Finnish enterprises in waste treatment projects in the capital city, stated Vice Chairman of the municipal People’s Committee Nguyen The Hung on October 3.
The northern province of Hung Yen will spare no efforts to turn it into the optimal investment destination for Japanese investors, Chairman of the provincial People’s Committee Nguyen Van Phong said on September 27.
Due to difficulties in designing C9 metro underground station located near Hanoi’s Hoan Kiem (Sword) Lake, the construction of a metro line connecting Nam Thang Long Station in the north of the city and Tran Hung Dao Street has been halted for 11 years.
The Ho Chi Minh City authorities have asked for permission from the Prime Minister to create favourable conditions for investors in the city’s Thu Thiem new urban area in District 2 to ensure continued construction progress.
The northern province of Vinh Phuc has worked to improve business environment and enhance provincial competitive capacity in a move to attract more foreign and domestic investments to the locality.
The Ministry of Transport has urged Dong Nai province to speed up site clearance, compensation and resettlement for affected households so that construction on the long-planned Long Thanh International Airport can begin next year.
Prime Minister Nguyen Xuan Phuc has urged ministries, Tien Giang province, investors and bankers to work to ensure the progress and equality of the Trung Luong – My Thuan expressway – a key route for the development of the Mekong Delta while chairing a meeting of permanent Cabinet members in Hanoi on July 30.
Vietnam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).
The northeastern coastal province of Quang Ninh has completed land clearance for the construction of Van Don – Mong Cai highway, a local official has said.
The authorities of Ho Chi Minh City and Tay Ninh province are building shopping malls and service facilities along the HCM City – Moc Bai Highway to raise revenue for construction of the highway.
The central province of Thua Thien-Hue will splash out more than 4 trillion VND (172 million USD) relocating 4,201 households illegally residing in the ancient citadel’s walls by 2025.
Industrial parks in the country have reported an average occupancy rate of nearly 74 percent, according to the Ministry of Planning and Investment’s Economic Zone Management Department.
Slow site clearance is a deeply-ingrained problem that has dogged the disbursement of official development assistance (ODA) loans, Director General of the Ministry of Planning and Investment’s Foreign Economic Relations Department Luu Quang Khanh.
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