Vietnam’s SOVICO Group has become a strategic partnership of the United Nations (UN) after the two sides signed a Memorandum of Understanding (MoU) in Hanoi on September 23.
The Ministry of Transport is scheduled open bids on five public-private partnership (PPP) component projects of the North-South Expressway from October 2-5.
Sub-regional development was among the key topics of discussion during the first working day of the 53rd ASEAN Foreign Ministers’ Meeting (AMM-53) and related meetings on September 9.
Prime Minister Nguyen Xuan Phuc on September 7 held a dialogue with Japanese economic groups and businesses interested in expanding investment in Vietnam.
Three component projects of the North-South Expressway whose investment model was shifted from public-private partnership (PPP) to public investment model have attracted interest from investors as hundreds of contractors have bought bidding documents.
The northeastern province of Quang Ninh has put a great deal of effort into improving its business climate and competitiveness over the last few years.
More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.
The North-South Expressway will be equipped with a smart traffic system when put into operation to ensure efficient management and operation of vehicles, according to the Ministry of Transport.
Investors engaging in the bidding of five public-private partnership (PPP) projects as part of the North-South Expressway will have to meet requirements in bidding documents, financial capacity and professional experience.
Deputy Prime Minister Trinh Dinh Dung has urged the People’s Committee of northern Lao Cai province to finalise its proposal for construction of Sa Pa Airport, with opinions of relevant ministries and agencies taken into account.
The Ministry of Planning and Investment (MPI) held a teleconference in Hanoi on July 28 to review its six-month performance and outline tasks for the remaining months of this year.
Many private enterprises said they want to invest in building renewable energy infrastructure, but Vietnam still lacks mechanisms to encourage private enterprises to participate in this activity.
The central city of Da Nang has proposed a plan of developing seven high-quality health care service projects with an estimated fund of 13.6 trillion VND (591 million USD) from the state budget, the city’s planning and investment department said.
Prime Minister Nguyen Xuan Phuc on July 16 held a meeting with outstanding business leaders who are members of the Private Sector Development Research Board (Board IV) of the government’s Advisory Council for Administrative Procedure Reform and Young Presidents’ Organisation (YPO).
The Presidential Office held a press conference in Hanoi on July 10 to announce the President’s order promulgating ten laws adopted at the recent ninth session of the 14th-tenure National Assembly.
An online conference was jointly organised in Hanoi on July 9 by the Ministry of Planning and Investment (MoPI), the Japanese Embassy in Vietnam, the Japan External Trade Organisation (JETRO) and the Japan Bank for International Cooperation (JBIC) to promote Japanese investment flows into Vietnam.
National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan urged Dak Nong to improve its business climate and boost investment attraction to welcome larger volumes of capital while attending the 10th session of the Central Highlands province’s 3rd-tenure People’s Council on July 9.
Business
XIII National Congress of Communist Party of Vietnam
