Vietnamese Prime Minister Nguyen Xuan Phuc will attend the second Belt and Road Forum for International Cooperation in Beijing, China from April 25 to 27. The trip will be made at the invitation of Chinese President Xi Jinping, Vietnam’s Ministry of Foreign Affairs said in a press release on Monday. The Vietnamese premier will attend the forum’s opening on April 26 before joining President Xi and his spouse in a dinner on the evening of the same day. On April 27, PM Phuc is scheduled to speak at a roundtable summit attended by leaders of 36 other nations and China. The Vietnamese head of government is also expected to hold bilateral talks with top Chinese leaders during his China trip. China has invested over US$80 billion in projects related to the Belt and Road Initiative (BRI) since it was first proposed by President Xi in 2013, according to the National Development and Reform Commission of China. By April 15, 2019, 126 nations and 29 international organizations had … [Read more...] about Vietnamese PM to attend second Belt and Road Forum in Beijing
Hyderabad regional ring road
VGS Group accompanies central region in journey as international sports destination
According to the World Tourism Organization (UNWTO), sports tourism contributes up to 30 per cent of tourism's total revenue in some countries. Many countries have changed their tourism images through major sporting events that considerably leveraged tourism development and economic growth. The linkage of sport-based tourism products and sporting events contributes to stimulating local tourism or reducing seasonality by attracting many tourists in the low season. In addition to the economic boost, sports tourism brings cultural connection between the local community and international tourists. Leading international sporting event centre of Southeast Asia In the heart of Central Vietnam, Danang–Hue–Hoi An plays a significant role in the economy, and tourism development nationwide, which is an important connecting point and the motivation for regional linkage development. In addition to the economic boost, sports tourism brings cultural connection between the local … [Read more...] about VGS Group accompanies central region in journey as international sports destination
Innovation-centered approach boosts Hanoi’s performance in socio-economic growth
Hanoi's goal for 2023 is to secure the city's socio-economic performance and further develop a cultured, modern, and civilized society. Hanoi aims to constantly improve the leadership of the Party Committee and the sense of responsibility of government officials and Party members, especially the heads of government agencies, to fulfill all the socio-economic growth tasks set for 2023. Dinh Tien Dung, Member of the Politburo and Secretary of the Hanoi Party Committee, talks to Nhan Dan (People) newspaper about the plans and actions the city expects to carry out on the occasion of the 93rd anniversary of the founding of the Hanoi Party Committee. Dinh Tien Dung, Member of the Politburo and Secretary of the Hanoi Party Committee. Photo: The Hanoi Times As head of the Hanoi Party Committee, could you share some of Hanoi's achievements in the first half of 2020-2025? Hanoi has endured many international impacts in the past two and a half … [Read more...] about Innovation-centered approach boosts Hanoi’s performance in socio-economic growth
Ho Chi Minh City records 6 new congestion hotspots in 2022
Ho Chi Minh City’s ongoing traffic difficulties only worsened in 2022, with traffic jams turning more serious and several new congestion hotspots recorded, according to Nguyen Thanh Loi, deputy head of the municipal traffic safety committee. In addition to increasingly serious congestion, the number of traffic accidents in the city also rose compared to 2021, Loi added. New congestion hotspots In 2022, traffic jams were commonplace near Tan Son Nhat International Airport in Tan Binh District and Cat Lai Port in Thu Duc City, the official elaborated. Congestion occurs on a route leading to Tan Son Nhat Airport in Ho Chi Minh City. Photo: Chau Tuan / Tuoi Tre In addition, gateway routes into and out of Ho Chi Minh City such as National Highway No.1, the Ho Chi Minh City - Long Thanh - Dau Giay Expressway, and the Ho Chi Minh City - Trung Luong Expressway were often overloaded during peak hours. Six new congestion locations were recorded in the city last year, … [Read more...] about Ho Chi Minh City records 6 new congestion hotspots in 2022
Hanoi to build new bridge crossing Red River
A 820 metre-long bridge named Thượng Cát crossing Hồng (Red) River in Hanoi will be constructed with an investment of nearly VNĐ8.3 trillion. Design of Thượng Cát Bridge crossing Hồng (Red) River. — Photo baochinhphu.vn Construction of the Thượng Cát Bridge, which will connect Bắc Từ Liêm and Đông Anh districts, will last for four years. It will be 33m in width and have eight lanes. The municipal People’s Committee has given the green light to the construction project of the bridge and the roads leading to the bridge. It aims to reduce traffic congestion and accelerate the completion of urban areas. The city People’s Council has also approved the construction of Ring Road No 3.5 stretching from Thượng Cát Bridge to Highway 32 with an investment of nearly VNĐ1.5 trillion. The ring road, covering 3.5km with the width of 60m, will be built between 2023 and 2026. Thượng Cát is one of 10 bridges across the Red River under the Hanoi transport … [Read more...] about Hanoi to build new bridge crossing Red River
Will Hung Yen be an alternative residence choice near Hanoi?
As a northern province in the Red River Delta, Hung Yen Province expects to have a future supply of housing targeted at occupiers and investors from Hanoi and surrounding provinces. According to Savills' latest report, the northern province of Hung Yen will be an alternative option to meet housing demand in the vicinity of Hanoi. Hung Yen Province will attract new investment and employment that will increase the demand for housing. Photo: Savills According to Savills' experts, Hung Yen, located in the northern key economic region and the Hanoi Capital Region, is emerging as an attractive destination for investors and occupiers as it focuses on improving infrastructure and future housing supply, probably increasing its competitiveness compared to other satellite cities or surrounding provinces. Do Thu Hang, Senior Director, Advisory Services, Savills Hanoi, said the surge in housing demand in Hung Yen is due to three main factors. Housing prices in the … [Read more...] about Will Hung Yen be an alternative residence choice near Hanoi?
Hanoi among cities with most trees in the world
One of the highlights of Hanoi's friendliness is the shade provided by its many trees. Hanoi has made efforts to expand its green cover from the city center to its suburbs and ring roads, which has helped make the capital one of the most tree-covered cities in the world, according to a report by the United Nations Educational, Scientific and Cultural Organization (UNESCO). According to the US travel website Tripadvisor, the world's largest travel guide platform, "Vietnam's charming capital has aged well, preserving ancient architecture amid modern development. Lakes, parks, shady boulevards, and more than 600 temples and pagodas add to the appeal of this city, which is easily explored by taxi." The website added that Hanoi is a welcoming and modern capital, yet retains ancient cultural values. One of the highlights of Hanoi's friendliness is the shade provided by its many trees. The city boasts old streets with typical trees, such as Phan Dinh Phung and Lo Duc streets, … [Read more...] about Hanoi among cities with most trees in the world
Hanoi target urbanization rate of 75% by 2030
Urban planning is critical to Hanoi's socio-economic and urban development. Hanoi is aiming to achieve a target urbanization rate of approximately 60-62% by 2025, and a further increase to around 65-75% by 2030. The Red river delta. Photo: Thanh Hai/The Hanoi Times Hanoi aims to achieve a target urbanization rate of approximately 60-62% by 2025 and a further increase to around 65-75% by 2030. The objectives include an action program issued by the municipal Party Committee that outlines its efforts to implement the Politburo's Resolution No.06-NQ/TW on the planning, construction, management, and sustainable development of urban areas in Vietnam up to 2030 and beyond, with a vision for 2045. Other key objectives include expanding the urban construction area to about 30% of the total natural land area by 2025 and increasing it to 33-36% by 2030. The city intends to complete all district planning, satellite urban zoning plans, functional area … [Read more...] about Hanoi target urbanization rate of 75% by 2030
Effective public investment as a top political mission: PM
The National Assembly approved the 2023 budget of VND712 trillion ($30 billion), a significant increase from more than VND130 trillion ($5.5 billion) in 2022. The effective performance of public investment should be considered as a top political task for all levels and sectors in order to ensure a strong push for the socio-economic recovery of the country. The construction of Ring road No.2 section Vinh Tuy - Nga Tu Vong in Hanoi. Photo: Pham Hung Prime Minister Pham Minh Chinh stressed the view in Directive No. 08 on missions and tasks to promote public investment and economic development in 2023. This year, the Government set a target to disburse at least 95% of the public funds allocated for this year, which is more than VND676 trillion (US$28.47 billion). For the current year, the National Assembly has approved a budget of nearly VND712 trillion (US$30 billion), a significant increase of more than VND130 trillion (US$5.5 billion) over 2022 and VND250 … [Read more...] about Effective public investment as a top political mission: PM
Nordic countries share circular economy, waste management solutions with Vienam
Nordic countries, including Denmark, Finland, Norway, and Sweden, shared their experience in green solutions to a circular economy and waste management and policy implications for Vietnam at a seminar held in Ho Chi Minh City on Wednesday. The seminar was organized by the Embassies in Vietnam of Denmark, Finland, Norway, and Sweden and Fulbright University Vietnam to mark the occasion of Nordic Day 2023 (March 23). In his opening remarks at the seminar, Ambassador of Denmark to Vietnam Nicolai Prytz said with a long tradition of working together to find solutions to common challenges, the Nordic countries are proud to share their experience and knowledge with Vietnam. “We believe that sharing experience and best practices with our partners is essential to promoting sustainable development,” Prytz added. Meanwhile, Ambassador of Norway to Vietnam Hilde Solbakken highlighted the role of the private sector in promoting green innovation, saying, "In the Nordic region, we have seen … [Read more...] about Nordic countries share circular economy, waste management solutions with Vienam