Chairman of the Hanoi People’s Committee Chu Ngoc Anh appreciated the Asian Development Bank (ADB)’s support in the capital city’s infrastructure development over recent years while hosting ADB Country Director in Vietnam Andrew Jeffries on November 4.
The People’s Committee of Hanoi has asked the Government to give a final decision on the project for building urban metro line No. 5 from Van Cao Road to Hoa Lac Road so the project can be submitted to the National Assembly for approval by the end of this year.
Hanoi authorities have been identifying and introducing solutions to address pressing difficulties facing production and business and ensure social security amid the COVID-19 pandemic, the 23rd meeting of the 16th Hanoi Party Committee heard on April 22.
Ho Chi Minh city will create favourable conditions for Japanese firm to make long-term investment and business in the southern economic hub, on the basis of the special relations between the two countries, a municipal official affirmed on December 6.
Metro project No.3 from Nhon to Hanoi railway station in the capital city will begin to have its underground stations drilled in early 2020, and the work is scheduled to be completed the same year.
The council for appraisal and adjustment of the Metro line No 1 and No 2 project of Metro Line No 1 project plans to submit a newly adjusted plan for the metro projects to the City People's Committee for approval in July.
Prime Minister Nguyen Xuan Phuc met with top executives of several leading Indian businesses, namely Tata, Larsen & Toubro (L&T), ONGC, and vDoIT shortly after arriving in New Delhi on January 24.
Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan has asked the European Union (EU) to support the city in applying the 4th Industrial Revolution’s achievements in its economic development.
Belarusian businesses want to cooperate with Saigon Transportation Mechanical Corporation (SAMCO) which specialises in bus manufacturing, to address public transport problems in Ho Chi Minh City, said Deputy Industry Minister of Belarus Aleksandr Ogorodnhik.
Vietnam and Russia have agreed to effectively implement the Vietnam-Eurasian Economic Union (EAEU) Free Trade Agreement (FTA) in order to create breakthroughs in economic, trade and investment ties between the two countries, gearing towards bilateral trade of 10 billion USD in 2020.
Prime Minister Nguyen Xuan Phuc has asked centrally-run agencies to create all favourable conditions for the capital city of Hanoi to develop its transport infrastructure to ease traffic congestions.
The HCM City People’s Committee has asked the Ministry of Planning and Investment for official development assistance funds to build its metro line No 3A from Ben Thanh Market in District 1 to Binh Chanh district’s Tan Kien commune.
HCM City has called for investment from Spanish businesses in urban waste treatment, transport and flood control during a recent visit by a Spanish delegation to the city.
A new wave of Japanese investment is forecast to emerge in Ho Chi Minh City, Vo Van Hoan, Chief of the municipal People's Committee office, said during a press conference on April 4.
Officials of Ho Chi Minh City and the Japan International Cooperation Agency ( JICA ) held a working session on March 15 to discuss upcoming cooperation.
KfW, the German Development Bank, has targeted a loan commitment of 500
million EUR (692 million USD) per year for development projects in Viet
Nam, up from 200-300 million EUR per year over the last two years, an
official from KfW has said.
Construction of Metro Line 1 in Ho Chi Minh City, the first in the
country, will begin on August 28, according to the Municipal Management
Authority for Urban Railways (MAUR).
Ho Chi Minh City will prioritise the building of tramcar and metro
routes and upgrade several major junctions to develop its public
transport network and ease traffic jams, a local official has said.
Moscow will build a trade centre in Ho Chi Minh City and local labourers and
materials will be used for construction, affirmed Moscow ’s First Deputy Mayor
Vladimir Resin.