Danang gateways

Authorities in the central city of Danang have announced a project to make the city an environmental city during the 2021-2030 period. Danang launches a project to make the city an environmental city at a press conference on April 19 The project was launched at a press conference held on April 19 by the Danang Department of Natural Resources and Environment. With total investment estimated at over VND15 trillion (USD653 million) which comes from the state budget, ODA capital, and private sources, the project aims at building Danang into an ecological city that ensures a safe and healthy environment for residents, investors and visitors. The project will focus on four key sectors including prevention and control of environmental pollution, improving the environment and solving key environmental problems, conservation of nature and biodiversity and environmental protection awareness. For the prevention and control of environmental pollution, the project targets 100% of enterprises and production establishments would be certified to achieve the ISO 14000 environmental management system. All emission sources (waste gas, wastewater, solid waste) will be controlled automatically and continuously. By 2025, the city will complete the ecological industrial zones model and by 2030, there will be at least three eco-industrial zones. Regarding environmental improvement and solving key environmental issues, the project aims to provide 100% of the urban population with access to clean water through a centralized water supply system and 100% of the rural population with clean water. To conserve nature and biodiversity, the project seeks to strictly protect natural forests, maintain and encourage an increase in the forest cover and maintain protected land and biodiversity. Regarding awareness over environmental protection, the project will ensure that over 3% of budget expenditure will be allocated to environmental protection …

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Vietnamese businesses look to further optimise opportunities from CPTPP After two years of implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the use of the deal to generate benefits for the economy and businesses has remained modest, according to insiders. Among 14 free trade agreements (FTAs) Vietnam has signed, the CPTPP is a new generation FTA with high standards and the highest level of facilitation. Vietnam has been forecast to be one of the members that benefits the most from the deal. However, the country has experienced challenges in optimising the FTA because of its modest level of development and competitiveness. Due to US-China trade tensions and the impact of COVID-19, the global economy fell into crisis last year with interrupted supply chains. Vietnam also suffered an economic downturn. Therefore, after two years of implementation, the benefits from the CPTPP are still to be seen. Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry (VCCI), said that positive results in the two years of implementation include the reform of institutions and administrative procedures. Explaining the modest benefits so far, Loc said major reasons include the poor competitiveness of Vietnamese enterprises, market instability, and the low capacity of State agencies. Meanwhile, Nguyen Cam Trang, Vice Director of the Import-Export Department at the Ministry of Industry and Trade, said the CPTPP has helped promote Vietnam’s exports. However, its market share and export growth to the six partners that have implemented the CPTPP have been low. She noted that Vietnam’s market share is 3.1 percent in Japan, 1.9 percent in Australia, 1.6 percent in New Zealand, 1.3 percent in Mexico, 1.1 percent in Canada, and 1 percent in Singapore. Growth in exports to CPTPP markets was 12.2 percent in 2018, 13 percent in 2019, and 12.02 percent in 2020, Trang added. She said that, in the future, …

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Containers being loaded at Cát Lái Port in HCM City. The Department of Transport has asked the city to give priority to six key transport projects to clear congestion on roads leading to ports. — VNA/VNS Photo HCM CITY — The HCM City Department of Transport has asked the city government to give priority in the next five years to six key transport projects worth VNĐ27.488 trillion (US$1.19 billion) in order to clear congestion on roads leading to ports, especially Cát Lái Port in District 2. Under the public investment plan for the 2021-2025 period, of the six projects, three are being developed, including the Mỹ Thủy intersection project and the other two under the Ring Road 2 project. The three newly proposed projects would include one to build a six-lane 6.7km-long and 60-metre wide North - South road (section from Nguyễn Văn Linh Road - Bà Chiêm Bridge), with total investment of VNĐ7.013 trillion. The other two include a project to build the eastern belt route from Phú Mỹ bridge to Mỹ Thủy intersection (in Thủ Đức new City), with an investment of more than VNĐ1.2 trillion. Another project involves building an eastern ring road from Mỹ Thủy intersection to Nguyễn Duy Trinh - Ring Road 2 intersection, expected to cost more than VNĐ1 trillion. These newly proposed projects will improve the connection between the Hiệp Phước Port in Nhà Bè District and Cát Lái Port in District 2. The department said the city should consider suspending or extending completion of projects that have been approved for 2016-2020 period but are not urgent. Port congestion Trần Quang Lâm, director of the Department of Transport, said it was important to address the traffic jams on roads leading to Cát Lái Port in District 2, especially Nguyễn Thị Định Street and the Mỹ Thủy intersection. The city’s seaports extend through districts 2, 4, 7, 9 and Nhà Bè, he said. Most roads connected to ​​Cát Lái and Hiệp Phước ports are seriously overloaded, including Nguyễn Thị …

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