I 70 traffic accidents

Visiting a construction site of My Thuan 2 Bridge that crosses the Tien River and connects Trung Luong - My Thuan and My Thuan - Can Tho expressways between Ho Chi Minh City and Can Tho, he asked constructors to speed up work, ensure the quality of the construction, labor safety and pay proper care to workers’ living conditions. With a total investment of over 5 trillion VND (USD 213.22 million), the construction of the 6.61-km bridge was started in March 2020 and is expected to complete this year. By now, more than 70% of the work has been completed. The leader added localities must proactively build intersections and organize traffic routes connecting to the bridge and the expressways to exploit new development space. At the construction site of a section of the eastern North-South Expressway that runs through Can Tho and Hau Giang, PM Pham Minh Chinh applauded workers for their efforts during the lunar New Year (Tet) festival. For more efficient infrastructure development, … [Read more...] about Prime Minister inspects key transport project in Mekong Delta

Prime Minister Pham Minh Chinh on January 30 meets and extends Lunar New Year (Tet) greetings to workers at the construction site of My Thuan 2 Bridge. (Photo: VNA) Can Tho (VNA) – Prime Minister Pham Minh Chinh on January 30 examined the progress of key transport project s in the Mekong Delta . Visiting a construction site of My Thuan 2 Bridge that crosses the Tien River and connects the Trung Luong-My Thuan and My Thuan-Can Tho expressways between HCM City and Can Tho, he asked constructors to speed up work, ensure the quality of the construction, labour safety and pay proper care to workers’ living conditions. With a total investment of over 5 trillion VND (USD 213.22 million), the construction of the 6.61-km bridge was started in March 2020 and is expected to complete this year. By now, more than 70% of the work has been completed. The leader added localities must proactively build intersections, organise traffic routes connecting to the bridge and the … [Read more...] about PM inspects key transport project in Mekong Delta

Phan Cong Chanh, CEO of developer Phu Vinh Group, said the real estate market will pose more risks than opportunities for investors in 2023, adding that would-be investors should save their money instead of spending it. According to Chanh, in the long term the market will benefit from rosy economic growth prospects, better legal frameworks and improved stock markets, especially the corporate bond market, But he said this would be gradual recovery that wouldn’t flourish to its full potential until 2-4 years from now. The Central Institute for Economic Management put forth two economic growth scenarios for this year. Accordingly, GDP growth will either stand at 6.47%, inflation at 4.08%, export growth at 7.21% and trade balance at $5.64 billion, or at 6.83%, 3.69%, 8.43% and $8.15 billion, respectively. With the draft amendments to the Land Law submitted to the National Assembly for potential approval in October, and amendments to other related laws such as the Law on Real Estate … [Read more...] about Should you invest in property or save your money this year?

Thai Prime Minister Prayut Chan-o-cha, right, and his then-Lao counterpart Phankham Viphavanh preside over a groundbreaking ceremony for the fifth Thai-Lao Friendship Bridge in Bung Kan province in October, 2022 (Photo: bangkokpost) Bangkok (VNA) – The Thai government on January 28 announced that the fifth Thai-Lao Friendship Bridge is set to open early next year which should help boost border exchanges not only between localities between Thailand and Laos but also trade in the Greater Mekong Subregion (GMS), as it will speed up imports between Thailand, Myanmar, Laos, Cambodia, Vietnam , and China (Yunnan). The bridge, which connects the Thai northeast province of Bueng Kan and Laos' Bolikhamsay province, costs 3.6 billion THB (nearly 110 million USD), of which 2.5 billion THB comes from Thailand and the rest from Laos. According to deputy government spokeswoman Tipanan Sirichana, the construction is 60% complete and proceeding faster than planned. The project is … [Read more...] about Fifth Thai-Lao bridge to open next year

Malaysia expects tourist arrivals to quadruple in 2023 (Photo:travelweekly-asia.com) Kuala Lumpur (VNA) – Malaysia’s Kenanga Research (Kenanga) expects tourist arrivals in the country to jump almost four-fold to 9.6 million in 2023 from an estimated 2.5 million a year ago. The research house said the projection is supported by the resumption of both business and leisure air travel globally as the COVID-19 pandemic comes to an end, the revocation of all on-arrival quarantine and testing requirements in Malaysia from Augusut 1, 2022, and the gradual reopening of China. In a study released on January 30, it noted the gradual reopening of China is positive for the country as historically, Chinese tourists account for an estimated 12% of the total tourist arrivals in Malaysia. Meanwhile, MIDF Research (MIDF) revised its FY23F passenger traffic recovery downward to 85% from 95% previously due to the slower return of Malaysia AirAsia’s (MAA) aircraft, but expect stronger growth … [Read more...] about Malaysia expects tourist arrivals to quadruple in 2023

A 47-seater bus carrying workers overturned on the Con Pass in Vietnam’s northern Phu Tho Province on Sunday, leaving many injured and hospitalized, local authorities reported. The accident happened when the bus was going down the pass in the province’s Tan Son District at 2:00 pm on Sunday, with 46 people on board. Many workers were trapped inside the vehicle when it turned on its side and local residents and rescuers had to break the windows to get them out. The district police were called to examine the scene of the accident and coordinate with the local health center to deploy rescue operations. “There are about three to five people with serious injuries, and four or five people with minor injuries," VTC News cited local authorities as saying. "All of them have been taken to the Tan Son District Medical Center for treatment.” The district police are investigating the cause of the incident. In his report to police, Nguyen Van Nhat, the bus driver, blamed the … [Read more...] about Bus overturns on northern Vietnam pass, injuring many workers