Bus Depot Developers Suffer At The Hands Of Two-Faced Officials

Tienphong   Hundreds of billions dong have been wasted as a series of bus stations, modern and well-serviced, have been left idle because of the local authorities breaking their promises. The promises of local authorities According to Nguyen Huu Luan from Phuong Trang Da Lat Company, Phuong Trang Bus Station in the city of Da … Continue reading

VSIP Quang Ngai Gearing Up

BTimes   The Vietnam-Singapore Industrial Park (VSIP) in Quang Ngai has attracted seven foreign-invested enterprises (FIEs) since it officially opened in September 2013. Three projects capitalized at more than US$115 million have got off the ground and are due to be put into operation in 2015. Located in Son Tinh district, VSIP Quang Ngai is … Continue reading

ODA projects badly need reciprocal capital

VIR   At a recent meeting between the ministries of transport and finance as well as the State Bank of Vietnam and Government Office, seven urgent transport projects funded by official development assistance will see capital injections totalling VND2-2.5 trillion ($95-$119 million) in 2014’s first round of advancing reciprocal capital for projects, probably soon after … Continue reading

Long Thanh airport project to go before Gov’t, NA soon

SGT The big-ticket Long Thanh international airport project has won approval of an evaluation council to go before the Government and the National Assembly (NA) although there are a number of issues needing clarifying. Thirteen of 16 members of the evaluation council voted in favor of the project, which permits Airports Corporation of Vietnam (ACV) … Continue reading

Ben Luc-Long Thanh expressway set to break ground in May

SaigonTimesdaily   Work will start on the 57-km Ben Luc-Long Thanh expressway section linking the southeastern and southwestern regions next month as scheduled in a recent plan of the Ministry of Transport. The section, the last component of an expressway connecting Long An, HCMC, Dong Nai and Ba Ria-Vung Tau, will allow vehicles to travel … Continue reading

PM okays Long Thanh Airport master plan

Prime Minister Nguyen Tan Dung has approved in principle a master plan for the Long Thanh International Airport in the southeastern province of Dong Nai . The plan, submitted by the Ministry of Construction, was made by the Japan Airport Consultancy Company (JAC) in December 2010. It envisages that the 5,000-ha Long Thanh International Airport … Continue reading

Ministry requests further explanation for huge airport project

April 4, 2014 SaigonTimes   Minister of Planning and Investment Bui Quang Vinh returned a report on the big-ticket Long Thanh International Airport project to Airports Corporation of Vietnam (ACV) last Friday, asking the firm to fine-tune it before it can go before the Government. The State assessment council for the project, headed by the … Continue reading

Vietnamese railway officials deny involvement in alleged $780k graft case

April 4, 2014 Tuoitrenews   All 14 railway officials and ex-officials ordered to report about their involvement in a Japanese ODA-funded project after a Japanese consultant company said it had to pay over US$780,000 in kickbacks to win a project order in Vietnam have declared that they did not receive bribes from the Japanese firm.  his … Continue reading

Ministry mulls HCMC-Dong Nai railway construction

SGT The Ministry of Transport on Thursday agreed to develop part of the HCMC-Dong Nai railway before 2020 as this railway link is deemed to be of paramount importance to regional transport. At a meeting with transport consulting firm Tedi South on Thursday, Deputy Minister Nguyen Ngoc Dong noted that the railway from HCMC to … Continue reading

IPs seeks over $500 million of investment

VIR, Feb 20, 2014 In 2014, Ho Chi Minh City hopes to attract US$ 550 million of investment to industrial parks (IPs) and export processing zones (EPZs). The city would encourage investors to engage in high-tech and auxiliary industries on four fields including mechanics, electronics-IT, chemical substance and food processing. Around 408 hectares of land and 67,000 … Continue reading