$65 bln master plan proposed for Vietnam traffic infrastructure
By Doan Loan April 20, 2021 | 02:11 pm GMT+7
An intersection of Ha Long-Van Don Expressway in northern Vietnam. Photo by VnExpress/Minh Cuong.
A Transport Ministry agency has proposed spending VND1,000-1,500 trillion renovating road, rail, inland waterway, sea and air transport infrastructure from now until 2030.
For such a master plan to be carried out in the 2021-2030 period and with a vision until 2050, the Transport Department and Strategy Institute under the ministry has three different proposals.
The first proposal would cost from VND900 trillion to VND1,000 trillion ($39-43.3 billion), or 1-1.1 percent of the nation s GDP, to include work to build 5,000 kilometers (3,100 miles) of expressway in total; complete Long Thanh International Airport, the biggest in Vietnam once completed in Dong Nai Province that borders Ho Chi Minh City, Lach Huyen Port, a deep-water port in the northern port city of Hai P
Sales Agent Agreement Concluded for Industrial Park in Quang Ninh Province, Vietnam
Apr. 06. 2021
Marubeni Corporation
Marubeni Corporation (hereinafter, Marubeni ) has concluded a sales agent agreement for the first phase of the Amata City Halong Project (hereinafter, the Project ) in Quang Ninh Province, Vietnam which is being developed by Amata City Halong Joint Stock Company (hereinafter, Amata City Halong ), the group company of Amata Corporation Public Company Limited (hereinafter, Amata Corporation ). Amata Corporation is the leading industrial park developer in Thailand.
With a population of approximately 100 million, a growing middle class, and an abundant, high quality labor force, Vietnam is an attractive country for companies looking to not only to target the Vietnamese domestic market but also to establish a manufacturing base in the country. In 2020, Vietnam achieved 2.9% growth with a strong increase in exports to the United States, while most other countries r
New container terminals approved for northern Vietnamese province tuoitrenews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tuoitrenews.vn Daily Mail and Mail on Sunday newspapers.
Vietnamese ports on pace to post banner year
Vietnam’s port sector will flourish this year as trade in goods is expected to thrive on the back of recovery in production, domestic consumption, and export markets, according to industry analysts.
The country enjoyed robust trade last year despite COVID-19, with high export value on the back of orders from the US.
Total foreign trade was estimated at 543.9 billion USD, a year-on-year increase of 5.1 percent, with the country posting a trade surplus of 19.1 billion USD, its highest since 2016.
According to the Viet Dragon Securities Corporation, the volume of goods handled at local ports picked up after the second quarter last year, with the pandemic encouraging many multinational corporations (MNCs) to shift production to Vietnam. It said this trend will continue as Vietnam integrates more deeply via free trade agreements (FTAs).
Over 665 kg of cannabis found in container from Singapore - VnExpress International vnexpress.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vnexpress.net Daily Mail and Mail on Sunday newspapers.