The World Bank’s Board of Executive Directors has approved 315 million USD in financing to improve water transport infrastructure and sanitation and transport services in Vietnam.
The southern metropolis of Ho Chi Minh City has gained significant socio-economic accomplishments since the liberation of the South and national reunification on April 30, 1975.
Prime Minister Nguyen Xuan Phuc pledged to assist Laos to develop transport infrastructure at his reception for Lao Minister of Public Works and Transport Bounchanh Singthavong in Hanoi on April 20.
Prime Minister Nguyen Xuan Phuc demanded the Ministry of Transport (MoT) and relevant ministries to remove all obstacles, including existing mechanisms and policies, to mobilise capital from all possible sources for transport infrastructure projects.
Lao Deputy Prime Minister Somdy Douangdy has said the government is preparing to initiate investment promotion for developing and improving transport infrastructure through the Public Private Partners
Vietnam plans to invest in its transport infrastructure comprehensively while linking development strategies among sectors in order to develop a multi-modal transport environment, making the country the gateway connecting Southeast Asia to the Indian Ocean.
A massive overfly spanning the major Nguyen Binh Khiem – Le Hong Phong intersection in the northern city of Hai Phong was put into operation on January 25.
Vietnam and France need to continue implementing the Hanoi Train Station-Nhon urban metro rail project (Metro 3) in a rapid and effective manner, said Deputy PM Pham Binh Minh.
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.
HCM City has recently called for private investment under the public-private partnership (PPP) model to kick off several key transport infrastructure projects under in the context of a limited State budget amid increasing transport demand.
More than 64 trillion VND (over 2.81 billion USD) was spent on the upgrading and construction of transport infrastructure in the Central Highlands over the last five years.
Tran Van Som bridge was opened to traffic on December 27, becoming the biggest of its kind that connects the two Mekong Delta provinces of Bac Lieu and Ca Mau.
Transport infrastructure is an attractive investment field in Vietnam while the acceleration of equitising State-owned enterprises in the country will create brilliant opportunities for businesses from the Republic of Korea (RoK).
The Government of Thailand planned to spend 98.8 billion THB (3 billion USD) in 2017 developing transport infrastructure with three motorways and 10 electric train projects.
Deputy Minister of Foreign Affairs of the Czech Republic Lukas Kaucky said on November 1 his visit to Hanoi aims to boost wide-ranging cooperation between Prague and Hanoi.
Malaysia’s gross domestic product (GDP) growth is expected to reach 4-5 percent in 2017, higher than 4-4.5 percent in 2016, said Malaysian Prime Minister and Finance Minister Najib Razak.
As Vietnam works to improve its transport infrastructure, the country has been mulling measures to attract investors to large public-private partnership (PPP) transport infrastructure projects.
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