Goa infrastructure projects

Long An province views the building of comprehensive and effective infrastructure as one of the strategic breakthroughs needing to be made. (Photo: VNA) Hanoi (VNA) – Identifying transport infrastructure as an impetus for development, Long An has been carrying out many key transport projects , to form a complete transport system connecting this province with others in the Mekong Delta and nationwide. In the resolution of the 11th provincial Party Congress (2020 - 2025 tenure), Long An viewed the building of comprehensive and effective infrastructure as one of the strategic breakthroughs needing to be made in the current period. In particular, developing transport infrastructure is prioritised as it is considered an impetus for local socio-economic development. Meanwhile, the congress considered the mobilisation of every resource for comprehensive transport infrastructure to boost industrial and urban development in the province’s key economic zone as one of the three … [Read more...] about Long An gathers resources to develop transport infrastructure

Illustrative photo (Photo: VNA) HCM City (VNA) – Ho Chi Minh City has decided to spend over 7 trillion VND (304 million USD) from its budget on infrastructure and equipment of health care units under the mid-term public investment plans for the 2021-2025 and 2025-2030 periods. The decision is part of a resolutions adopted by the 10th municipal People’s Council at its 10th meeting in Ho Chi Minh City on September 19. Accordingly, the municipal People's Council approved a total investment of over 1.49 trillion VND for medical equipment in Hoc Mon Regional General Hospital, more than 1.36 trillion VND for Cu Chi Regional General Hospital, and 1.45 trillion VND for Thu Duc Regional General Hospital. It also adopted projects for the construction of new infrastructure and procurement of equipment in 17 medical facilities. With the adjustments, the total mid-term public investment plan for the 2021-2025 period is valued at over 3 trillion VND, and that for 2026-2030 is more … [Read more...] about HCM City to spend over 7 trillion VND on medical infrastructure, equipment

Hanoi has focused resources on infrastructure construction , especially transport infrastructure. (Photo: VNA) Hanoi (VNA) – Hanoi has focused resources on infrastructure construction, especially transport infrastructure, with many important projects rolled out and put into service, contributing to ease traffic congestion in the capital city. traffic congestion . transport infrastructure development in a concerted fashion in line with the planning scheme approved by the Prime Minister, with priority given to belt roads like Belt Road 4 in order to expand its development space, along with key routes such as National Highways 1 and 6, and river-crossing bridges. Hanoi has reached all 30 districts and townships, and 512 out of 579 communes, wards and towns as well as seven nearby localities./. VNA … [Read more...] about Hanoi invests more in transport infrastructure

The decision is part of a resolutions adopted by the 10th municipal People’s Council at its 10th meeting in Ho Chi Minh City on September 19. Accordingly, the municipal People's Council approved a total investment of over 1.49 trillion VND for medical equipment in Hoc Mon Regional General Hospital, more than 1.36 trillion VND for Cu Chi Regional General Hospital, and 1.45 trillion VND for Thu Duc Regional General Hospital. It also adopted projects for the construction of new infrastructure and procurement of equipment in 17 medical facilities. With the adjustments, the total mid-term public investment plan for the 2021-2025 period is valued at over 3 trillion VND, and that for 2026-2030 is more than 4 trillion VND. The council also approved for the first time the minimum investment amount for a public-private partnership (PPP) project in the health care sector at 30 billion VND. Source: VNA … [Read more...] about Ho Chi Minh City to spend over 7 trillion VND on medical infrastructure, equipment

A view of Dong Van II industrial park in Ha Nam (Photo: VNA) Ha Nam - Industrial parks in the northern province of Ha Nam have attracted 24 new projects so far this year, including 15 foreign direct investment (FDI) projects worth 176 million USD, according to Head of the Ha Nam Industrial Parks Management Board Tran Van Kien. Besides, the IPs have also drawn 9 domestic investment projects with combined registered capital of over 1 trillion VND. Kien said that the total amount of capital poured into the new FDI projects and injected in operating ones has reached 259 million USD so far. The official said that in order to lure more projects to local industrial parks, Ha Nam will continue to increase the introduction of its images and investment environment in local industrial parks to investors, while joining investment promotion activities inside and outside the country. Since the beginning of 2023, the locality has sent its trade promotion delegations to Japan, Europe, … [Read more...] about Ha Nam’s industrial parks attract 15 more FDI projects

Gemalink Deep-Sea Port in Ba Rịa - Vung Tau province (Photo: VNA) Hanoi (VNA) - The Ministry of Planning and Investment has outlined three potential economic growth scenarios for 2024 , with the highest GDP growth rate forecast at 6.5%. These projections stem from the Government's socio-economic development strategy for the 2021-25 period, combined with endeavours to meet the 2023 growth goal of 6.5%. Given the challenges faced by the Vietnamese economy between 2021-23, 2024 is anticipated to be a pivotal year for Vietnam to accomplish the objectives of its five-year plan. In the first scenario, Vietnam's GDP is predicted to rise by 6%. This estimate presumes that global growth will be moderate in 2023 and the resurgence of global trade and investment will continue to face hurdles. Although the domestic market and services sector might exhibit robust growth, the import, export, and industrial production sectors may not experience a marked recovery due to their … [Read more...] about Ministry projects three economic growth scenarios for 2024

Representatives of Bắc Ninh Industrial Zones Authority, Frasers Property Vietnam and GELEX at the groundbreaking ceremony of Industrial Yen Phong 2C on September 19. — Photo courtesy of Frasers Property Vietnam Singapore-based property developer Frasers Property Vietnam and GELEX Group, Việt Nam's leading investment group, have jointly broken ground on Industrial Centre Yen Phong 2C in the northern province of Bắc Ninh. The groundbreaking ceremony of Industrial Centre YP2C, the first industrial and logistics project in the north of Việt Nam since the two firms signed a partnership agreement earlier in March, was held on September 19. It is scheduled to be completed in the second quarter of 2024 and will feature 34,500 sqm of high-quality industrial and logistics space designed in accordance with Frasers Property’s Premium Estates concept that reflects its commitment to creating healthy, sustainable, and high-performing industrial assets. The 3-in-1 multi-functional industrial … [Read more...] about Frasers Property, Gelex Group break ground on maiden project in Bắc Ninh

Industrial Centre YP2C is scheduled to be completed in the second quarter of 2024 and will feature 34,500 sq.m of high-quality industrial and logistics space Industrial Centre YP2C is scheduled to be completed in the second quarter of 2024 and will feature 34,500 square metres of high-quality industrial and logistics space designed in accordance with Frasers Property’s premium estates concept that reflects its commitment to healthy, sustainable, and high-performing industrial assets. The 3-in-1 multi-functional industrial space will seamlessly integrate showroom, office, and production assemblies with 7,000sq.m dedicated to a green recreation park and on-site service centre to support occupier wellbeing in the estate. According to Lim Hua Tiong, CEO of Frasers Property Vietnam, Bac Ninh is a strategic manufacturing hub in the northern key economic zone that is contributing to Vietnam’s push to move up the value chain. Nguyen Trong Hien, chairman of GELEX Group, stated, said … [Read more...] about Frasers Property Vietnam and GELEX Group break ground on Bac Ninh project

Him Lam Real Estate JSC (Him Lam Land) donated VND500 million ($20,800) to the 2 nd Thu Duc Open Golf Tournament to join hands with the "For the Poor" Fund to support poor families, people in difficult and vulnerable circumstances in Thu Duc city. The 2 nd Thu Duc Open Golf Tournament opened with about 280 competing golfers and many businesses operating in and out of Thu Duc. With a long history of promoting social responsibility, Him Lam Land has been accompanying humanitarian charity activities with a practical meaning, aiming to spread great values to the community. Le Thi Bich Ngoc, representative of Him Lam Land at the opening ceremony and presented gifts at Thu Duc Golf Course The golf tournament has created a healthy playground for businessmen to exercise, interact, exchange and learn from experience. At the same time, it is one of the connecting activities between Thu Duc city government and corporations, businesses, and entrepreneurs in the area. … [Read more...] about Him Lam Land sponsors ‘For The Poor’ project

A road widening project, a key one in Bến Lức and Đức Hòa districts in the Mekong Delta province of Long An. The delta is becoming a hotspot for investors seeking long-term returns in the real estate market. — VNA/VNS Photo The Cửu Long (Mekong) Delta, known as Việt Nam’s “rice bowl”, is emerging as a promising destination for real estate investment due to its improving connectivity and transportation infrastructure and growing tourism, according to industry insiders and experts. Lê Bảo Long, strategy director at Batdongsan.com.vn , said the improving transportation creates opportunities for housing developers. An estimated VNĐ20 trillion (US$818.64 million) is set to be invested in the region in the construction of new expressways and bridges, he said. There will be 760km of expressways by 2030, and 1,180km by 2050. Lê Quyết Tiến, director of the Construction Investment Management Department under the Ministry of Transport, said key infrastructure projects such as the … [Read more...] about Mekong Delta beckons real estate investors