Vietnamplus

Thailand is planning major infrastructure projects worth 1.49 trillion THB (45.16 billion USD) this year to improve its land, sea, and air connectivity.

The Ministry of Transport is coordinating with relevant ministries and agencies to develop a portfolio of transport projects and specific mechanisms for the implementation of the projects which will form part of the Government’s socio-economic recovery and development programme post-COVID-19, according to Minister Nguyen Van The.

Vietnam will need about 313 trillion VND (13.7 billion USD) to develop a modern seaport system between now and 2030, and the funding will mostly come from non-budget sources.

The Ministry of Transport has released plans to overhaul waterway transport links across the country by 2030, to attract business and investment into transport infrastructure.

The acceleration of investment in transport infrastructure is the main driving force fueling real estate stocks as many businesses with large land plots located in areas near key infrastructure projects will benefit from this process.

A seminar on the European Union (EU) – Vietnam Free Trade Agreement (EVFTA) took place in Mâcon city of France’s Saône-et-Loire province on September 16, attracting the participation of representatives of nearly 50 local enterprises.

Thanks to the good containment of COVID-19, the northern province of Quang Ninh is speeding up three key transport projects expected to substantially contribute to local economic growth and regional connectivity.

The Ministry of Transport plans to begin work on nine major infrastructure projects in the south this year to reduce traffic congestion and improve connectivity.

The HCM City People’s Committee has issued a plan to implement the city's transport infrastructure upgrade project in the 2021-2030 period, which will require investment of over 42.3 billion USD.

The HCM City People’s Committee has issued a plan to implement the city's transport infrastructure upgrade project in the 2021-2030 period, which will require investment of 970.6 trillion VND (42.3 billion USD).

Indonesian Transport Minister Budi Karya Sumadi met with Korean Ambassador to Indonesia Park Tae-sung on June 14 to discuss cooperation in building the Light Rail Transit (LRT) in Bali.

The Mekong Delta province of Ben Tre has earmarked over 28.46 trillion VND (1.24 billion USD) for the development of local infrastructure and logistics services in the 2021-2025 period.

To achieve the goal of having about 5,000 km of expressways by 2030, the Ministry of Transport has planned to invest in completing a series of expressways in the next 10 years.

Despite important achievements in transport infrastructure development towards a synchronous and modern direction over the past years, transport systems have still been a bottleneck in the country’s path to industrialisation and modernisation, Minister of Transport Nguyen Van The has said.

Investment in transport infrastructure in the Mekong Delta is key to boosting exports of local agricultural and seafood products, according to experts.

Prime Minister Nguyen Xuan Phuc has asked ministries, agencies and localities to take drastic measures to boost the development of the Mekong Delta region.

The Ministry of Transport plans to hand over the Cat Linh - Ha Dong metro project to Hanoi after the checking, calculation, and receipt of dossiers, documents, and assets are completed.

The Mekong Delta is working with the Ministry of Transport to improve the local transport infrastructure and thus trade flows, the Can Tho Branch of the Vietnam Chamber of Commerce and Industry has said.

According to representatives from State management agencies and industry experts, diverse investment in high-speed railway is considered feasible in Viet Nam.

Improving the business climate is part of the southern province of Dong Nai’s efforts to boost its economic growth during 2021-2025, Chairman of the provincial People’s Committee Cao Tien Dung said at a recent conference.