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The Ministry of Transport is seeking the prime minister’s nod to concurrently break ground on four expressway projects in southern Vietnam, namely Beltway No. 3 in Ho Chi Minh City, Khanh Hoa-Buon Ma Thuot, Bien Hoa-Vung Tau, and Chau Doc-Can Tho-Soc Trang, on June 18. The ministry said in a report sent to the prime minister that the localities in charge of the development of these road projects had suggested different dates, ranging from June 17 to 30, and different locations to break ground on them. To ensure the groundbreaking ceremonies take place in a formal and cost-efficient manner, the ministry proposed that they should be held on June 18 in a hybrid format in four locations. In Ho Chi Minh City, the municipal administration would host the ceremony to start work on Beltway No. 3, with the participation of three neighboring provinces Dong Nai, Binh Duong, and Long An, through which the beltway will pass. The ministry would hold the groundbreaking ceremony of the Khanh … [Read more...] about Work on 4 southern Vietnam expys could start simultaneously in mid-June

Groundbreaking for the Lancaster Legacy mixed-use building in HCM City’s District 1. — Photo courtesy of the company Coteccons Construction Joint Stock Company and developer Trung Thuy Group have broken ground for the mixed-use Lancaster Legacy building in HCM City’s District 1. They completed building five basements and commercial floors in mid-March. Situated on Nguyen Trai Street, the 8,827sq.m, VND3.27 trillion (US$140.3 million) high-end development will have 38 floors and five basements with 749 luxury apartments, officetels, office space and commercial and entertainment facilities. Coteccons and Trung Thuy Group have also started works on the Nam O Resort in Da Nang City’s Nguyen Tat Thanh Street. The 35ha beach resort will cost VND5.3 trillion ($227.3 million) and have villas, a five-star hotel, tourist apartments, swimming pools, a floating restaurant, clubhouse, and other facilities. — VNS … [Read more...] about Trung Thủy, Coteccons start construction of 2 high-end projects in HCM City, Da Nang

The design of the Belt Road No. 3 (Photo: nld.com.vn) HCM City (VNA) – Ho Chi Minh City has handed over more than 81% of the land needed for the section crossing the city of Belt Road No.3 project, enabling its construction to be launched on June 18 in Long Binh ward of Thu Duc city , according to HCM City’s Management Board of Traffic Works Construction and Investment. The board reported that so far, localities across the city have provided the investor with about 335 hectares out of the total 410 hectares of land for the project in the city. Director of the board Luong Minh Phuc said that along with ground clearance, the selection of contractors and consultant agencies is also making progress. The project is expected to open to traffic in late 2025 and fully complete in 2026, he said. Phuc attributed the good result in ground clearance work to the efforts from the local Party Committees and administrations at all levels and the support of local residents in the … [Read more...] about Fast ground clearance enables Belt Road No.3 project to start on June 18

The Klum mother-and-daughter in Super Magazine. Photo from Heidi Klum’s Instagram The fashion magazine Super published photos of the supermodel and her daughter on their Instagram account on Wednesday. In the photoshoot, Heidi Klum wore a black bodysuit with ostrich feathers and Swarovski stones attached, part of the "Sa Vu" collection released in April 2022. She completed the outlook with nude leggings and heels. According to the designer, it took three artisans five days to attach the stones on the design by hand. Heidi Klum wore a bodysuit designed by Le Thanh Hoa. Photo from Super Magazine’s Instagram Leni Klum wore a Barbie-pink coat made from ostrich feathers and sequins, part of Hoa’s collection "An." Leni Klum in Le Thanh Hoa’s design. Photo from Super Magazine’s Instagram Hoa said the designs were sent to the supermodel and her daughter in March. "Luckily they all fit their measurements, so we saved a lot of time, and they … [Read more...] about Heidi Klum and daughter don Vietnamese designer’s outfits

Vietnamese consumers are also becoming more discerning and value conscious (Photo: VNA) Hanoi (VNS/VNA) - Vietnam remains an attractive market for retailers as Vietnamese consumers remain optimistic about the economic challenges and are driving premium purchases. Vietnamese consumers’ overall optimism remained one of the highest among countries globally, according to global management consulting firm McKinsey. McKinsey wrote in a recent article on its website that Vietnamese consumers were optimistic that the country’s economy would rebound within two to three months and grow just as or even more strongly than before the COVID-19 pandemic. There was also a clear intent by consumers to “splurge” and treat themselves, with more than 70% of respondents saying they intend to increase spending on categories of products or services they spent less on over the past year and a half. It was estimated that more than half of the Vietnamese population would enter the global middle … [Read more...] about Vietnam remains an attractive retail market: reports

Vietnamese track-and-field athletes at 12th ASEAN Para Games.(Photo: hanoimoi.com.vn) Phnom Penh (VNA) – As of 9:30 pm on June 7, the Vietnamese delegation bagged 58 gold, 49 silver, and 74 bronze medals, ranking third in the medal tally after Indonesia and Thailand at the 12th ASEAN Para Games in Cambodia. Notably, on June 7 alone, swimmers Trinh Thi Bich Nhu brought home three gold medals and Vi Thi Hang, two. From the start of the Games, Vietnamese swimmers have won 25 gold medals and set six new records. A swimming event at 12th ASEAN Para Games (Photo: VNA) Also on the day, Vietnamese track-and-field athletes bagged 10 gold medals. In addition, the chess team also brought home two more golds in the individual and team standard events. The Vietnamese sports delegation to the event consists of 164 members, including 122 athletes, who are competing in eight out of the 13 sports at the tournament, namely track-and-field, swimming, weightlifting, badminton, table … [Read more...] about ASEAN Para Games 12: Vietnam bags 58 gold medals

The event connects 14 service providers in the cross-border e-commerce industry to bring together solutions to support Vietnamese businesses to promote exports via e-commerce. — VNS Photo Viet Nam could see its e-commerce export revenues rise to VND296.3 trillion (US$12.5 billion) by 2027, heard the 2023 Cross-Border E-Commerce Conference in Viet Nam in Ha Noi on Wednesday. Amazon Global Selling and Viet Nam E-commerce and Digital Economy Agency (iDEA), Ministry of Industry and Trade kicked off their Cross-Border E-Commerce (CBEC) Conference in Viet Nam in response to growing demand from Vietnamese businesses and to empower them to capture the rising CBEC opportunity. With the theme “Embrace Asian Experience, Vietnamese Brands Go Global”, held in Ha Noi on Wednesday and HCM City on Friday, the event will include a CBEC conference to share the most updated insights and information about the e-commerce export industry, a connecting day for 14 services providers in many services … [Read more...] about Supporting businesses to promote online exports

Cooperation between seaport operators is opening the door for more and bigger ships to dock in Vietnam, photo Le Toan In late April, seaport operators TCTT and CMIT got the green light from the Ministry of Transport (MoT) to study a cooperation plan to develop a 1,200-metre long berth for mutual operation in the Cai Mep-Thi Vai area of the southern province of Ba Ria-Vung Tau. Nguyen Xuan Ky, deputy general director of CMIT, told VIR, “This means a lot to our collaborative project and is an important premise for us to continue to implement the next steps. Cooperation between CMIT and TCTT will bring better solutions for shipping lines, importers, and exporters in terms of berth flexibility, increased service quality, promoting business strengths of each, and meeting market demand.” In recent years, the Cai Mep Port area reported two-digit growth rate in throughputs. The number of mother ships docked at Cai Mep ports reached 33 per week, of which CMIT and TCTT received 14 … [Read more...] about Transport staples in need of funding