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$65 bln master plan proposed for Vietnam traffic infrastructure


$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 ....

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From land-based to ocean-based economy


From land-based to ocean-based economy
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 11/04/2021
  
10:51
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After decades of development, HCMC, Vietnam’s biggest growth engine, has found out that it has lagged behind not only regional metropolises but also some other big cities in Vietnam when it comes to the pace of growth.
Japanese tourists during a tour of Can Gio
Bringing into full play its potential of marine economy and sea-based development is therefore crucial to the city’s future, participants in a recent workshop have pointed out.
Coming from Hanoi, Assoc. Prof. Luu The Anh from the Vietnam National University Hanoi, made it clear to the audience, who are mostly HCMC’s officials, that the leading position of their city in Vietnam has been increasingly challenged over the ....

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What awaits logistics in Vietnam


What awaits logistics in Vietnam
15:24 | 06/04/2021
John Campbell, manager of Industrial Services at Savills Vietnam
Vietnam ranked among world’s top 10 emerging logistics markets
2021 has witnessed a bright start for Vietnam’s logistics sector, which ranked among the world’s top 10 emerging logistics markets in the 2021 Emerging Markets Logistics Index with a score of 5.67 out of 10. It jumped three spots to eighth in this year’s global index of emerging logistics markets after emerging as a popular manufacturing hub, particularly with the recent mass relocation of production out China. The report emphasised Vietnam’s improved performance across domestic logistics opportunities, international logistics opportunities and business fundamentals. ....

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