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Proposed Special Mechanism to Resolve Challenges for Seven Billion-Dollar BOT Power Projects

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Seven billion-dollar BOT power projects face a looming $425 million tax surcharge under the global minimum tax regime. The Ministries of Industry and Trade, and Finance have proposed solutions to alleviate this challenge.

Lotte’s Withdrawal from Thu Thiem Project Deemed a Waste by Economic-Finance Committee Chair Phan...

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Mr. Phan Văn Mãi highlighted the absence of a mechanism that empowers leaders of public service units to make decisions on the most effective use of state-assigned assets.

Vietnam’s Widest Mountain Tunnel Project Unveiled in Sa Pa

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Mr. Phan Đăng Toàn, Secretary of Sa Pa Ward, announced plans to construct a mountain tunnel to alleviate traffic congestion. This tunnel will feature the largest cross-section in Vietnam, with a width of 15.3 meters and a length of 1.2 kilometers, cutting through the iconic Hàm Rồng Mountain.