Investments

Deputy Prime Minister Le Minh Khai has assigned a budget of 30.683,441 billion dong to supplement the medium-term public investment plan for the 2021-2025 period from the central budget. This source of funding will be used to support infrastructure development and promote economic growth. The goal is to ensure that the investment projects are implemented effectively and contribute to the overall development of the country. With this additional funding, Vietnam aims to improve its transportation system, upgrade its public facilities, and enhance the quality of life for its citizens. The government believes that investing in infrastructure is crucial for sustainable development and will create favorable conditions for attracting domestic and foreign investments. The Deputy Prime Minister emphasized the importance of transparency and accountability in the implementation of these projects to ensure the efficient use of public funds. The government also encourages the participation and contribution of the private sector in these initiatives to maximize the benefits for the whole society.

On the morning of 2/2, many passengers flying to and from Hanoi had to divert their landings or delay their flights.

Previously, this chaebol has invested $3.5 billion in projects in various major cities such as Hanoi, Ho Chi Minh City, Dong Nai, and Ba Ria - Vung Tau.

Nghệ An Province is determined to complete the ground leveling for the 500kV circuit 3 project by February 2024 and the corridor for the line by March 2024, in accordance with the directives of the Prime Minister.

From 1-1-2024, 42 aircraft from 2 Vietnamese airlines will be temporarily grounded for engine inspections following an urgent technical notice from engine manufacturer Prat & Whitney.

"Now I can confidently tell my friends, as well as other investors, to come here and explore the opportunities," said the representative of the investor group for the newly launched Boeing component manufacturing plant.

This is an important content exchanged between Ambassador Marc E. Knapper and Deputy Prime Minister Le Minh Khai during a recent meeting.

In addition to the positive economic growth scenarios for 2024, Vietnam needs to prepare for negative scenarios to enhance its ability to cope with unexpected shocks.

In a recent meeting, Deputy Prime Minister Le Minh Khai discussed with US Ambassador to Vietnam Marc E. Knapper regarding the implementation of agreements following the upgrade of the bilateral relationship to a Comprehensive Strategic Partnership between the two countries.

The Ministry of Transport has instructed relevant units to increase the maximum speed limit from 80 km/h to 90 km/h for restricted four-lane expressways.