National road set for upgrade

IDICO-IDI is expected to collect tolls until February 2033. The project would help ease traffic congestion and reduce the number of traffic accidents on National Road 1A from An Suong – An Lac, which runs through Binh Tan District, District 12 and Hoc Mon District, said Tran Quang Phuong, director of the city’s Department of Transport.

Over 16.5tr dong to build Dong Hoi seaport in central

As planned, to 2020, this seaport will be able to receive 30,000-50,000 dwt ships. The seaport has total expected investment of 16.555 trillion dong, of which, the investment till 2015 would be about 10.574 trillion dong. This capital source will come from the investor of Dong Hoi industrial zone and capital mobilisation from other enterprises.

Da Nang takes lead in competitiveness index

In the first four months of this year, Da Nang licensed an additional 19 projects with a total capital of over $300 million. In the first quarter alone, the city attracted $424.5 million, including newly-registered and additional capital, for 16 projects, representing a 4.9 fold increase over the same period last year.

Ethnicity’s place of courtship recognized as cultural site

Nguyen Trung Thuong, Director of Ha Giang’s Department of Culture, Sports and Tourism said the recognition was part of an effort to promote the cultural identity of ethnic minorities which make up a big part of the population of Ha Giang.

Hong Kong-invested GreenFeed puts Dong Nai factory online

The new facility covers three hectares in Song May Industrial Park in Trang Bom District. The designed capacity for the beginning is 120,000 tons of products per year. The factory is just 15 kilometers north of Bien Hoa, the industrial city nearest to Ho Chi Minh City – the country’s biggest southern economic hub.

10 projects earmarked for Cau Treo

The Central Goverment and Ha Tinh Province have so far invested in 93 infrastructure projects in the EZ with a total investment of VND2 trillion (US$95 million).

Mekong Expo 2011 opens in Can Tho Province

Businesses from the Mekong Delta provinces, Ho Chi Minh City, Tay Ninh, Lam Dong, Khanh Hoa, Dong Nai and Da Nang participated in the expo. The expo highlighted the economic achievements and the specialities of each province and city, as well as displayed the fine arts, handicrafts, machinery, technology, foods and various equipments of the regions.

VN Business Summit opens in HN

It is estimated that Việt Nam needs about US $300 billion for investment development within 2010-2015. Therefore, the innovation in business environment, growth model transforming, synchronous development of labor, science-technology markets toward liberation of trade and investment will be prioritized. The Deputy PM also re-affirmed the Vietnamese Government’s consistent policy to pursue economic reform, active integration, stable trade and investment ties with foreign partners.

HCM City takes lead in FDI attraction in April

The FDI disbursement in April reached around US $1.08 billion, bringing the total figure to US $3.62 billion in the past four months, or a year-on-year increase of 0.6%.

Soc Trang to host 2nd Vietnam rice festival in November

Various activities will take place including trade and investment promotion, an agricultural products fair and an exhibition during the festival.

Bac Giang to boost trade promotion

Bac Giang has attracted 19 new projects worth a combined US$280 million since the beginning of this year, lifting the number of projects registered to the province to 647, capitalised at $2.4 billion.

Kon Tum targets 15% annual growth

The province’s per capita GDP is projected to double every five years: between 2010 and 2015 and between 2015 and 2020, reaching VND28 million (US$1,340) and VND53 million ($2,540), respectively. To meet these objectives, the province targets a total investment of VND105 trillion ($5,034 billion) over the next decade, 30 per cent of which will be sourced in the first five years.

Spain assists Quang Nam in socioeconomic development

A cooperation document to this effect was signed between the Quang Nam provincial People’s Committee and PyD in Quang Nam province on April 27.

Province to get tough on tardy tourism projects

The projects had been licensed between one and two years ago, but the investors had either not begun work on them or failed to furnish investment plans to authorities.

Hanoi to spend $13bln on transportation

Hanoi will complete the construction of the two belt roads no. 2 and 3, build a fourth one, upgrade its railway system, and expand existing highways including particular sections of National Highway 1A and 6.

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