Vietnam is at a crossroads in its development and requires investment in its transportation network to sustain and expand its growth, said US-based Borgen Magazine in a recent article.
Authorities in Binh Duong province, in collaboration with Becamex IDC - a leading developer of industrial, urban and transportation infrastructure in Vietnam - hold an online conference on March 25 to promote Thai investment in the southern province.
Prime Minister Nguyen Xuan Phuc has asked relevant ministries, agencies and the southern province of Ba Ria – Vung Tau to develop the seaport and logistics system at Cai Mep – Thi Vai area to meet regional standards by 2030 towards becoming a world-class seaport hub in the world by 2045.
The Vietnam Bar Federation (VBF) held a seminar in Hanoi on December 11 to promote cooperation between Vietnamese and Japanese commercial lawyers to support trade and improve the supply of legal services for bar associations.
HCM City ranked 19th out of 86 cities globally for expats to live and work, and was only surpassed in Asia by Singapore and Kuala Lumpur, according to the Expat City Ranking 2020 by InterNations.
Vietnam has set an annual growth target of 15-20 percent for the logistics sector, making up 8-10 percent of the country’s gross domestic product (GDP). Besides, logistics costs are also expected to reduce, equivalent to 16-20 percent of the GDP.
An Indonesian minister has affirmed that the country’s government is strongly committed to developing land transportation infrastructure nationwide to support economic growth.
While the real estate market was gradually recovering with positive signals from supply and successful transactions, the COVID-19 dealt a second blow, making it hard to forecast the market.
The State should develop solutions to reduce high logistics costs in trading agricultural products to improve the competitiveness of Vietnamese farm produce on the market, according to experts.
Country Director of the World Bank (WB) in Vietnam Ousmane Dione has expressed his appreciation of the success Vietnam and Hanoi in particular had in controlling the COVID-19 pandemic.
Japanese heavy equipment and infrastructure company IHI Corp. will rebuild two bridges in Myanmar to upgrade the country's transportation infrastructure along the East-West Economic Corridor stretching to Vietnam via Thailand and Laos.
All construction on roads and pavements in Hanoi must be halted or completed by January 10 to ensure traffic safety for the upcoming Tet (Lunar New Year) holiday, the municipal transportation department said.
Transit-oriented development (TOD) is a strategic solution that could help Ho Chi Minh City address its current challenges and develop a sustainable transport network, which would help create a smart and liveable city, said the director of the municipal Department of Transport, Tran Quang Lam.
The ninth conference on economic corridor cooperation of five provinces and cities, namely Hanoi, Hai Phong, Quang Ninh and Lao Cai of Vietnam and China’s Yunnan is underway in the northern province of Quang Ninh from October 24 – 26.
Convenient transportation infrastructure is one of the important factors to draw high-end tourists to Cat Ba island in the northern port city of Hai Phong.
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