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The Capital Advances $25 Million for the ‘Makeover’ of a 1.5-mile Road

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The Hanoi People's Council has approved the utilization of 700 billion VND from the surplus salary reform budget to initiate land clearance for the upgrade and expansion of Linh Nam Street. This significant investment underscores the city's commitment to expediting the project, which is slated for completion by 2027.

The Evolution of ESCO: From a Promising Model to an Ambiguous Concept in Vietnam

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The Energy Service Company (ESCO) model was once touted as a pivotal driver for energy conservation in Vietnam. However, over a decade into its implementation, the industry is still charting its course for effective development.

Proposed Land Revocation for Businesses Unable to Reach an Agreement with Locals

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According to experts, the proposed policy of the State supporting the acquisition of the remaining 25% of land area needed for clearance once an enterprise has negotiated with landowners to obtain 75% consent, is a positive step towards unblocking stalled projects. However, the "75% threshold" should be flexible during the land acquisition process to prevent social backlash or inhumane evictions.