On May 15, the Government Office issued a notification regarding Deputy Prime Minister Tran Hong Ha’s conclusions at the meeting held on May 12, concerning the proposal for the North-South High-Speed Rail Project by Vinspeed High-Speed Rail Investment and Development Joint Stock Company (abbreviated as Vinspeed).
The Deputy Prime Minister expressed support and welcomed Vinspeed’s proposal to invest in the high-speed rail project along the North-South axis. However, the proposed changes in investment format and the application of specific mechanisms and policies, especially for implementing the project, need to be reported to the competent authorities and fall under the jurisdiction of the National Assembly.
The Deputy Prime Minister has assigned the Ministry of Construction, according to its functions and tasks, to take charge, carefully review the investor’s proposals, incorporate opinions, and finalize the draft for submission to the competent authorities and the National Assembly before May 20.
“US Electronics Manufacturer Witnesses a Tenfold Revenue Surge: A North Vietnamese Province’s Economic Success Story.”
The Fukang Technology plant (owned by Foxconn) is an impressive venture with a massive investment of over VND 12,507 billion. With an annual capacity of 16 million products, the factory will be a powerhouse for Apple, manufacturing a diverse range of their sought-after goods.
A Warm Welcome: The Prime Minister Hosts Thailand’s Top Corporate Leaders, Encouraging Green, Digital, and High-Tech Investments.
“Meeting with the leaders of Thailand’s top seven conglomerates, the Prime Minister affirmed his commitment to driving forward three strategic breakthroughs and comprehensive institutional reforms. He advocated for investment in emerging sectors, including the green economy, digital technologies, and high-tech industries.”
Unlocking Vietnam’s Economic Potential: A $1.85 Billion Proposal for the Quy Nhon-Pleiku Expressway
Identified as a project of significant importance to the socio-economic development and national defense of the Tay Nguyen and South Central Coastal regions of Vietnam, and the country as a whole, the Ministry of Construction acknowledges the technical complexities involved. To ensure its successful execution, the Ministry advocates for the implementation of tailored policies and special measures.
The $3.5 Billion Rail Link Between Ho Chi Minh City and Long Thanh Airport: Racing Ahead with Real Estate Projects Along the New Route
“Ho Chi Minh City’s transport plan includes three railway lines serving the Tan Son Nhat and Long Thanh airports: the metro lines 2 and 6, and the Thu Thiem-Long Thanh railway.”
A once-expansive industrial zone, quadrupling the size of Hoan Kiem District, is set to receive a further investment boost of VND 3,500 billion for its upcoming 1,000-hectare expansion.
The Bau Bang Industrial Park is set to become a massive industrial hub, spanning an impressive 3,000 hectares upon completion.
