Several experts in Ho Chi Minh City have blamed motorbikes for causing congestion and proposed plans to ban motorbikes in the city.
The presence of the Sultan of Brunei at the Asia-Pacific Economic Cooperation (APEC) Summit in November in Vietnam is expected to help tighten bilateral relations and bolster two-way trade towards the target of US$500 million by 2025.
Although geopolitical risks continue to plague economies, ASEAN countries are still expected to grow thanks to their strong fundamentals and increasing supply of intra-block capital.
The Civil Aviation Authority of Vietnam has sent a proposal to the Ministry of Transport to raise several aviation service charges in order to reduce peak-hour overloads and raise money for infrastructure development.
The Department of Planning and Investment of the Mekong Delta province of Kien Giang has announced that from now until 2020 the province will mobilise VND255 trillion (US$11.4 billion) for infrastructure development.
Vietnam plans to invest in its transport infrastructure comprehensively while linking development strategies among sectors in order to develop a multi-modal transport environment, making the country the gateway connecting Southeast Asia to the Indian Ocean.
The Asian Infrastructure Investment Bank (AIIB) wants to invest in infrastructure development, particularly railways, highways and seaports, in Vietnam, said AIIB President Jin Liqun.
Infrastructure development cannot meet demand if management capacity is poor, stated Deputy Prime Minister Trinh Dinh Dung at a Ministry of Construction’s conference on January 6 to launch its 2017 tasks.
The property market expects to see a wave of developers expand into affordable housing developments, which faced a severe shortage until the Government took steps to promote investment.
The Japan Bank for International Cooperation (JBIC) has announced its commitment to provide Indonesia with up to US$3.7 billion in loans this year.
VOV.VN - The Dutch government on July 22 hailed a new state-of-the-art wastewater treatment facility in the southern province of Binh Duong as a giant step forward in cleaning up the environment.
The Asia Development Bank (ADB) will provide technical assistance for the northern mountainous province of Ha Giang to implement a basic infrastructure project for comprehensive development.
The international conference GEOTEC Hanoi 2016 on geotechnics for substantial infrastructure development will take place in Hanoi from November 24-25.
The industry and trade sectors of the central and Central Highlands provinces are striving to raise their industrial production value to nearly VND420.8 trillion (US$18.8 billion) in 2016, a year-on-year surge of 8.8%.
The Ministry of Transport needs to examine infrastructure development and quicken restructuring the sector in order to mobilise more off-budget funds for transport infrastructure development, said Deputy Prime Minister Trinh Dinh Dung.
VOV.VN - President Tran Dai Quang received World Bank Vice President for the East Asia and Pacific Region Victoria Kwakwa in Hanoi on May 19.
Chairman of the Hanoi People’s Committee Nguyen Duc Chung has invited Italian investors to the capital city, saying that Hanoi is looking for promising and established investors for its urban infrastructure development projects, the Ha Noi Moi daily reported.
Limitations in growth model reforms, inadequate policies towards businesses and loose connectivity between domestic and foreign enterprises are among the causes eroding the attractiveness of Vietnam’s investment climate.
Le Van Khoa, Vice Chairman of the Ho Chi Minh City People’s Committee, suggested Finland cooperate with the city in such areas as education, information-technology, technical infrastructure development, energy, environment and waste-water treatment.
(VOV) -Deputy Prime Minister cum Foreign Minister Pham Binh Minh received Turkey’s new ambassador to Vietnam Akif Ayhan in Hanoi on December 22.