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
Indochina Infrastructure 