Vietnamplus

Ho Chi Minh City's authorities are considering new procedures that would improve the management and disbursement of public investment funds.

Ho Chi Minh City's authorities are planning to complete or start key transport infrastructure projects this year in an aim to reduce traffic congestion and develop connections between the city and neighbouring provinces.

The transport sector is striving to construct around 4,000-5,000km of expressways in the next 10 years, towards forming a national highway system in order to improve connectivity among regions nationwide, said Minister of Transport Nguyen Van The.

The southernmost province of Ca Mau is focusing all resources on tourism development in a bid to become a tourist hub in the Mekong Delta region.

Transport infrastructure is vital, while agriculture, processing industry and tourism are foundations for social and economic development in northern midland and mountainous regions, Politburo member and Chairman of the Party Central Committee’s Economic Commission Nguyen Van Binh has said.

The northern coastal province of Quang Ninh has set a goal of welcoming 15-16 million visitors, including 7 million foreigners, in 2020.

Ho Chi Minh City needs to invest more than 83.06 trillion VND (3.58 billion USD) in transport infrastructure in 2021 – 25.

Ho Chi Minh City will need over 83 trillion VND (over 3.57 billion USD) of investment capital to develop transport infrastructure in the city during 2021-2025, the city’s authorities said.

New highways in the Mekong Delta region have met transport demand, but have failed to meet the socio-economic potential of the area, experts have said.

The OPEC Fund for International Development (OFID) will loan 45 million USD to a transport infrastructure improvement project in the central city of Da Nang.

Deputy Prime Minister Pham Binh Minh has given the green light to extend a pilot project of tourist cars in the north-eastern province of Quang Ninh until June 30 next year.

Ho Chi Minh City hopes that the International Finance Corporation (IFC) will continue to help the city deal with challenges in urban transport, infrastructure construction and waste treatment, thus ensuring sustainable development, a local official said on August 12.

Ho Chi Minh City will continue to invest in transport infrastructure in its south, according to a report by its transport department.

The southern province of Binh Duong will actively work to promptly remove bottlenecks for businesses from the Republic of Korea (RoK), Chairman of the provincial People’s Committee Tran Thanh Liem affirmed at a dialogue with Korean firms on July 30.

Ho Chi Minh City’s authorities have called on local and foreign investors to invest in the city’s infrastructure.

Prime Minister Nguyen Xuan Phuc has urged localities and competent agencies to accelerate the implementation of transport infrastructure projects, saying they are important to the socio-economic development.

Developing the transport network in the south needs closer regional linkages and solutions to respond to climate change threats, Duong Nhu Hung of the Ho Chi Minh City University of Technology has said.

Vietnam needs to swiftly perfect its infrastructure to meet growing development requirements as well as foreign investors’ demand, especially when it is expected to become the most attractive investment destination in the region, heard a forum in Hanoi on June 26.

The development of transport infrastructure connecting the Mekong Delta and the southern economic hub of Ho Chi Minh City should be accelerated in the coming time by increasing investment capital from both local budget and society, Secretary of the municipal Party Committee Nguyen Thien Nhan has said.

Hot issues relating to construction, transport, and culture sectors dominated the second day of the National Assembly’s Q&A session on June 5.