VOV.VN - Roads leading out of Hanoi and Ho Chi Minh City were hit by heavy traffic on April 30 as large numbers of people flocked to their hometowns in order to enjoy the four-day national holiday.
Prime Minister Pham Minh Chinh has directed the Ministry of Transport to adopt the principle of “three don’ts” in addressing problems from project implementation: Don’t say “no”, Don’t say “difficult”, and Don’t say “yes” but then take no action.
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.
The Mekong Delta is working with the Ministry of Transport to improve the local transport infrastructure and thus trade flows, the Can Tho Branch of the Vietnam Chamber of Commerce and Industry has said.
The Ministry of Transport is striving to have 5,000 km of expressway by 2030 and over 9,000 km by 2050, according to Minister Nguyen Van The.
VOV.VN - The Vietnamese economy looks set to grow by 6.5% annually over the next decade as the Government is making every effort to diversify its export markets whilst undertaking projects aimed at improving infrastructure, according to predictions made by Fitch Solutions.
The capital city of Hanoi disbursed close to VND34.3 trillion (nearly US$1.49 billion) in public investment last year, representing 88.1% of the goal set by the government.
The joint venture among Deo Ca Group, Hai Thach Investment Construction JSC and 194 Construction Investment Corporation was named the investor of the Cam Lam-Vinh Hao Highway – a section of the North-South Expressway.
The building materials market is forecast to be robust this year, with the demand fuelled by the increase in infrastructure development investment and the recovery of the property market, according to the Ministry of Construction.
With 100% of votes, members of the National Assembly (NA) Standing Committee on January 11 adopted a resolution on the switching of investment format of some component projects on the Eastern North-South Expressway project in the 2017-20 period, which failed to find investors through biddings.