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Sharp Rise in Port Cargo Volume in the First Two Months of 2024
According to the Vietnam Maritime Administration (under the Ministry of Transport), the total volume of goods passing through the seaports in the first two months of 2024 is estimated at 111.614 million tons, an increase of 8% compared to the same period in 2023.
Many prime areas in Dong Nai province are ready to be auctioned off
In 2024, the province of Dong Nai is planning to auction off 17 land plots totaling nearly 410 hectares, with an estimated revenue of 7.7 trillion Vietnamese dong from the land auction.
The Latest Real Estate Market Trend from 2024: Real Estate Projects Riding on the...
Transit Oriented Development (TOD) is a future development model for Ho Chi Minh City that focuses on using public transportation as the foundation for urban planning and development. The innovative infrastructure improvements in TOD projects will enhance the value and liquidity of the real estate market starting from 2024.
Targeting Key Transportation Projects Ahead of Schedule
In 2024, the Prime Minister assigned the Ministry of Transport a total capital plan of 56,666 billion VND, with a focus (60%) on the North-South East highway projects in phases I and II. As a result, right after the Prime Minister's site visits to key projects at the beginning of the new year, a series of projects have accelerated and set targets to surpass the plan.
Project to shorten travel time from HCMC to Ba Ria – Vung Tau to...
This project aims to maximize the potential of Cai Mep - Thi Vai seaport, Long Thanh International Airport, and boost the socio-economic development of Dong Nai and Ba Ria - Vung Tau provinces.
Vietnam’s youngest city selects a 33km2 district with over 50,000 residents as its development...
The city of Binh Duong, ranked fourth in the province, is set to develop in five main directions, following Thuan An, Di An, and Thu Dau Mot cities.
Breaking Through Transportation Infrastructure
In 2023, the transportation industry has successfully completed the operation of 20 projects, including 9 highway projects, spanning a total length of 475 km. This has increased the total length of highways in operation nationwide to nearly 1,900 km.
Which 19 projects will the Ministry of Transport start in 2024?
The 2023 conference and 2024 plan implementation of the Ministry of Transport have identified that one of the key tasks of the Ministry in 2024 is to effectively invest in the development of the national transportation infrastructure. This includes the commencement of 19 major infrastructure projects in 2024.
Business proposes shipping companies to collaborate in boosting import-export.
Amid the tension in the Red Sea, the Ministry of Industry and Trade has urged shipping companies to maintain routes and bring empty containers back to ensure smooth import and export activities while complying with regulations on freight rates and surcharges.
National grid and Phu Quoc Island jointly develop
Exactly 10 years ago, on February 2, 2014, the residents of Phu Quoc Island, Kien Giang province, started using electricity from the national grid, replacing the limited and expensive electricity generated from generators. This was made possible by the underground 110kV power line connecting Ha Tien and Phu Quoc Island. Since then, the national grid has played a crucial role in the socio-economic development of Phu Quoc.
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The City of Ho Chi Minh Ends Contract with Investor for the BOT Road...
The project, a collaborative effort between Yen Khanh Joint Stock Group Corporation (as investors) and BOT TP Ho Chi Minh - Trung Luong One-Member Limited Company (as the project enterprise), commenced in 2015.
“Nam A Bank Approved for 25% Dividend Payout: Record Profits Expected”
On July 12, Nam A Bank (code: NAB on the Ho Chi Minh City Stock Exchange) will finalize the list of shareholders for a private placement to increase its charter capital from equity capital.
The State Bank Approves MSB’s Charter Capital Increase to VND 26,000 Billion
The State Bank of Vietnam (SBV) has approved a capital increase of VND 6 trillion for Maritime Bank (MSB). The increase will be through a stock dividend issuance at a ratio of 30%. This move underscores MSB's strong financial standing and strategic growth trajectory.
The Capital’s Underground Network Expansion: Hanoi’s $55 Billion Bet on 600 km of Metro...
The Hanoi People's Council has unanimously approved the proposal to develop the Capital City Metro Project. By 2045, the ambitious plan aims to construct nearly 600 kilometers of urban rail, with a total investment of over $55 billion. This monumental project is envisioned to revolutionize the economic and social landscape of the city, ushering in a new era of modern, efficient, and sustainable transportation for the bustling Vietnamese capital.
Unleashing the Economy’s Potential with Agile Monetary Policies
The State Bank of Vietnam (SBV) needs to expeditiously continue lowering lending rates in the economy through monetary policy management tools and regulatory measures within its purview.
