Investments

As of now, Da Nang city has handed over approximately 10.05 km of the 11.47 km project site for the Hoa Lien-Tuy Loan expressway. This marks a significant milestone in the development of the region's transportation infrastructure. With this handover, we are one step closer to witnessing the realization of a high-speed transportation network that will revolutionize intra-city and inter-provincial travel, boost economic growth, and enhance connectivity across central Vietnam.

China has long been a powerhouse in the realm of high-tech industries, with a particular focus on electric vehicles. However, in their pursuit of cutting-edge technology, they have inadvertently allowed Vietnam to step in and capture a significant share of the low-tech industry pie. This shift has opened up opportunities for Vietnam to establish itself as a prominent player in the global market, showcasing its ability to adapt and cater to diverse technological needs.

The Van Phong - Nha Trang Expressway, spanning 83 kilometers, is the second-longest project among the 12 components of the North-South Expressway. Remarkably, it is on track for completion by April 30, 2025, with no significant hurdles in sight.

Introducing Mr. Nguyen Duc Ninh, the Director of the National Load Dispatch Center, who assumes the role of Acting General Director of NSMO until a new appointment is made by the competent authority.

Since 2018, China has all but halted exports of this commodity, choosing to produce solely for domestic consumption.

"In a recent address, General Secretary and President To Lam emphasized the importance of addressing challenges and bottlenecks that hinder the business community. He urged for the creation of a conducive mechanism that empowers enterprises and entrepreneurs alike, fostering a thriving environment for investment, business operations, and efficient production."

As per the latest update from the General Department of Vietnam Customs, the national one-door information technology system experienced a technical glitch, prompting a temporary suspension of services from 5:30 PM on August 6th.

Chairman Tran Sy Thanh experienced a trial ride on the Nhon - Hanoi Railway metro project and has requested that the investor commence operations of the elevated section from August 8th onwards.

To safeguard domestic production, a myriad of nations are increasingly resorting to trade remedy measures. Amidst mounting pressure from surging imports, Vietnam also needs to fortify its trade remedy measures to shield its domestic production.

"One of the standout achievements in the first seven months of 2024 was the successful implementation of the public policy reform related to salary and wage systems, which took effect in July 2024. This reform did not, fundamentally, lead to an increase in prices, which is a notable outcome."