The Ministry of Transport has approved Dong Nai province’s proposal to widen Ho Chi Minh City-Long Thanh expressway to 10 lanes from its current four.
Authorities in the southern province of Dong Nai are working hard to ensure site clearance for the Long Thanh Airport project is completed by October.
Boosting the disbursement of all planned public investment would help increase this year’s gross domestic product (GDP) by 0.42 percentage points, according to the General Statistics Office (GSO).
The Government urged the State Appraisal Council to promptly complete the assessment of a feasibility study report for the first phase of Long Thanh International Airport in a resolution issued on February 3.
Five ministries have universally rejected a proposal by the transport ministry to restrict private investment in the country’s biggest airports and instead hand the job to a single company.
To lure more foreign investment in infrastructure, Vietnam needs to have a clear public-private partnership (PPP) framework.
Metro, tunnels and expressways count among Vietnam's grand billion dollar projects expected to commence operations this year.
Vietnam's National Power Transmission Corporation (EVNNPT) launched 36 power transmission projects with a total investment capital of 19.74 trillion VND (850 million USD) in 2019.
VOV.VN - The Ministry of Planning and Investment has proposed withholding investment next year for projects that had been slow to disburse their allocated funding in 2019.
Opportunities are also open more for foreign investors in the Vietnamese aviation sector as the foreign ownership cap in Vietnamese air transport businesses will be loosened to 34% from the current 30% from early next year.
The Government has the right to choose an investor for the Long Thanh International Airport project in the southern province of Dong Nai, according to the National Assembly (NA) Standing Committee.
The feasibility study report for the first phase of the Long Thanh International Airport was deliberated on November 12 morning as part of the eighth sitting of the 14th National Assembly.
Prime Minister Nguyen Xuan Phuc addressed several issues at the question-and-answer session in Hanoi on November 8, as part of the 14th National Assembly’s ongoing eighth session.
The southern province of Dong Nai plans to add more industrial parks for the 2021-30 period, according to the Dong Nai Industrial Zones Authority (DIZA).
VOV.VN - According to many investors, Ho Chi Minh city is enjoying an exceptional opportunity to become a financial hub in the region and the world.
Long Thanh International Airport will open its doors by 2025 at the latest and will handle 25 million passengers and 1.2 million tonnes of goods a year once the first phase is completed.
Airports with modern infrastructure that can serve as international hubs had the potential to become major drivers for national socio-economic development, said experts at a recent conference held to discuss the sustainable development of Vietnam’s airports in Hanoi.
The 8th session of the 14th –tenure National Assembly opened in Hanoi at 9am on October 21.
The National Assembly Standing Committee concluded its 38th session on October 17 with the adoption of a resolution on adjustments to the law making programme in 2019.
The Government has proposed naming the State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in the southern province of Dong Nai.