Quang Tri proposes to develop $335 million Cam Lo-Lao Bao Expressway 11:55 | 14/06/2021
Quang Tri is has proposed adding Cam Lo-ao Bao Expressway to the national highway planning during 2021-2025
The province seeks the prime ministerâs approval to add Cam Lo-Lao Bao Expressway to the planning on highway construction for the 2021-2025 period with a vision to 2030.
It is expected that the expressway will have a length of 70km, a 4-lane highway standard, a 17m-wide roadbed, invested under the public-private partnership (PPP) method. The total investment capital is estimated at VND7.7 trillion($334.8 million), with the central budget contributing 28.31 per cent with a payback period of 19 years.
GEORGE TOWN: MCA vice-president Datuk Tan Teik Cheng is safe and well after he met with a car accident on the North-South Expressway on Thursday (June 10).
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10/06/2021 11:30 GMT+7
Vietnam to see export growth as global demand recovers
Global demand for goods is recovering and this is an opportunity for Vietnam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).
The ministry forecasts that Vietnam’s import and export activities will continue to increase in the coming months as free trade agreements (FTAs) are gradually being implemented in a more comprehensive and effective manner.
Those agreements will continue to create conditions for Vietnamese goods to enter to partner markets with preferential tariffs, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), EU-Vietnam Free Trade Agreement (EVFTA) and the
Foreign investors seek PPP guarantees to incite interest 00:58 | 05/06/2021
While new public-private partnership ventures and new legislation are in the gun barrel waiting for potential investors to join, possible concerns over risk protection are still in the way, possibly threatening the bankability of the countryâs future transport plans.
Belt roads and other infrastructure projects could provide a significant boost to trade and business across Vietnam. Photo: Le Toan
Hanoi and the northern provinces of Hung Yen, Bac Ninh, Vinh Phuc, and Bac Giang are now waiting for the nod from the prime minister to develop a $5.9 billion road project, besides a sum of VND25 trillion ($1.1 billion) for site clearance.
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03/06/2021 12:20 GMT+7
Stock market hits historic peaks
Vietnam’s benchmark VN-Index rose 3 points on June 3 to reach a record-high of 1,340.78 points.
Liquidity on the Ho Chi Minh Stock Exchange (HOSE) also posted a new record of nearly 26.14 trillion VND (1.13 billion USD).
The southern bourse saw 222 codes rising, 187 codes declining, and 49 remaining unchanged.
The HNX-Index on the Hanoi Stock Exchange, meanwhile, rose 3.58 points to 322.05 points, also a new high.
Liquidity stood at more than 4.41 trillion VND. It had 112 codes increasing, 79 declining, and 80 staying flat.