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The project with a five-year construction period would be seen as gauge of the city's leadership and credibility. Hanoi identifies the success of the US$3.7-billion Ring road No.4 project as the pride of the city, which requires the utmost effort from every department and unit to ensure the best head start possible. Secretary of the Hanoi Party Committee Dinh Tien Dung. Photos: Thanh Hai Hanoi Party Committee Secretary Dinh Tien Dung gave the remarks at a meeting discussing the construction of the Ring road No.4 project connecting Hanoi and nearby provinces/cities. The project with an estimated investment capital of VND85.8 trillion (US$3.7 billion) received a go-ahead from the National Assembly last week and is slated for completion by 2027. With a total length of 112.8 kilometers, the Ring road would run through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers). At the meeting, delegates stressed the significance of … [Read more...] about Success of US$3.7-billion ring road project is Hanoi’s pride: City Party chief

Noi Bai International Airport records congestion due to a huge number of private vehicles. According to Noi Bai International Airport, the number of passengers traveling at the airport set new records. On June 24 and June 25, there were 102,000 and 104,000 turns of passengers at the airport, respectively, including nearly 93,000 domestic customers. It is expected that the figure could surge to 110,000, increasing over 40 percent compared with the pre-Covid-19 pandemic period. The T1 passenger terminal which has been operated since 2001 was upgraded from 400 to 555 parking lots but it did not meet the high demand for personal vehicles. Congestion at area of  Noi Bai International Airport During the passing time, the Noi Bai International Airport recorded a huge number of private vehicles picking up passengers with a triple volume over the pre-Covid-19 pandemic period causing high pressure on connectivity to parking lots. On the other hand, the rate of passengers using … [Read more...] about Noi Bai Airport gets congested due to high volume of private vehicles

Quarantine at centralized facilities has been cut to seven days from 14, and subsequent at-home health monitoring has been reduced to three days from seven, the National Health Commission said in a statement. The latest guidelines from the health authority also eased quarantine requirements for close contacts of people who have tested positive for the new coronavirus. China has cautiously eased its Covid curbs on cross-border travelers in recent months, with health officials saying the shorter incubation period of the Omicron variant allows for an adjustment of quarantine periods. The Chinese capital Beijing in recent months has already reduced the quarantine period at centralized facilities to 10 days from 14. China, last month, also removed some Covid-19 test requirements for people flying in from countries such as the U.S. Stock markets rose in Hong Kong and the mainland, with the Hang Seng Index reversing losses and ticking up roughly 0.4 percent and the CSI300 Index … [Read more...] about China slashes Covid quarantine time for international travelers

The section linking Mai Son and national highway 45 under the North-South highway's eastern part According to the deputy PM, it is a key task set in the eighth National Party Congress Resolution to finalise the construction of 23 component projects by 2025 to smoothen travel in the North-South highway’s eastern part that runs over 2,000 km from Huu Nghi to Ca Mau province. As per schedule, it is a must to complete the construction of a 361.5km highway by late 2022, as well as an additional 652km by March 2024, and 729km extra by 2025. Thanh noted that to facilitate the implementation, the National Assembly and the government have greenlit the application of several specific mechanisms on contractor appointment and mineral exploitation serving the production of common building materials and several works during the project preparation stage, among others. Due to the huge work volume and limited timeline, relevant ministries, agencies, and localities need to embrace … [Read more...] about Fresh measures to facilitate construction of North-South highway’s eastern part

Processing and manufacturing are among the industries that attracted the most projects of foreign investment in Việt Nam. — Photo congthuong.vn HÀ NỘI — Việt Nam reached more than US$14 billion in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). MPI’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached $14.03 billion, as much as 91.1 per cent over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5 per cent compared to the same period, with a total registered capital of over $4.94 billion, down 48.2 per cent over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9 per cent over the same period, with the total additional registered capital reaching nearly $6.82 … [Read more...] about Việt Nam attracts more than $14 billion of FDI in H1

The Hanoi People’s Committee decided to establish a specialist team to support the repair and renovation of Long Bien Bridge because the structure has been seriously damaged over time. The team, comprising both Vietnamese and French experts, will be led by Do Viet Hai, deputy director of the municipal Department of Transport, to implement the Long Bien Bridge rehabilitation project financed by the French government. The team is in charge of collaborating with the French Embassy in Vietnam in studying the renovation of the bridge, detailing the project, and executing it in line with regulations. Completed in 1902, Hanoi’s historic and iconic Long Bien Bridge bears the wear and tear not only of time but also of thousands of vehicles that use it every day. The 120-year-old bridge crossing the Red River currently serves three national rail routes -- Hanoi-Hai Phong, Hanoi-Dong Dang, and Hanoi-Lao Cai. Its road section is reserved for bicycles and motorbikes. Every day, tens of … [Read more...] about Vietnam to repair Hanoi’s 120-year-old Long Bien Bridge

Processing and manufacturing are among the industries that attracted the most projects of foreign investment in Viet Nam. — Photo congthuong.vn Viet Nam reached more than US$14 billion in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). MPI’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached $14.03 billion, as much as 91.1 per cent over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5 per cent compared to the same period, with a total registered capital of over $4.94 billion, down 48.2 per cent over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9 per cent over the same period, with the total additional registered capital reaching nearly $6.82 billion, up 65.6 … [Read more...] about Viet Nam attracts more than $14 billion of FDI in H1

NA Chairman Vuong Dinh Hue (second, left) and his Hungarian counterpart László Kövér (second, right) co-chair the legislative conference in Budapest on June 27. (Photo: VNA) Budapest (VNA) – Chairman of the Vietnamese National Assembly (NA) Vuong Dinh Hue and his Hungarian counterpart László Kövér co-chaired a legislative conference in Budapest on June 27, with a focus on the legal framework on greenhouse gas (GHG) emission reduction, renewable energy, and the green economy. In his remarks, Kövér said Hungary is always determined to protect the environment, which is clearly reflected in its development orientations and legal regulations. Its climate policy was adapted to the European Union (EU)’s requirements but didn’t neglect its own features and its people’s interests. Hungary was one of the first countries to issue legal mechanisms for realising the goals of reducing 40 percent of GHG emissions by 1990 and achieving climate neutrality by 2050. Its law on … [Read more...] about Vietnam – Hungary legislative conference talks legal framework for green development

Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Vietnam reached more than 14 billion USD in foreign direct investment ( FDI ) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). The ministry’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached 14.03 billion USD, as much as 91.1% over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5% compared to the same period, with a total registered capital of over 4.94 billion USD, down 48.2% over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9% over the same period, with the total additional registered capital reaching nearly 6.82 billion USD, up 65.6% compared to the same period last year. There were also 1,707 capital contributions and share … [Read more...] about Vietnam attracts more than 14 billion USD of FDI in H1

All agencies are asked to continue administering booster doses for those 18 and above, and to complete second doses for those aged 5-11 in August. VNA/VNS Photo. HÀ NỘI — There were 769 new COVID-19 infections recorded across Việt Nam on Tuesday, an increase of 132 new cases from Monday. The figure brings the total number of infections in the country to 10,744,854. All the new transmissions were domestic. Hà Nội again topped the country, with 158 new infections. The remaining cases were recorded in Phú Thọ (62), Nghệ An (54), Bắc Ninh (40), Sơn La (40), Đà Nẵng (38), HCM City (32), Yên Bái (32), Lào Cai (27), Quảng Ninh (26), Hòa Bình (26), Hà Nam (21), Vĩnh Phúc (21), Bắc Kạn (17), Hưng Yên (16), Tuyên Quang (15), Cao Bằng (14), Thái Bình (13), Hải Dương (13), Quảng Bình (12), Ninh Bình (11), Thái Nguyên (11), Nam Định (11), Hải Phòng (9), Quảng Trị (8 ), Thanh Hóa (7), Khánh Hòa (6), Lạng Sơn (5), Lâm Đồng (5), Bà Rịa - Vũng Tàu (4), Điện Biên (4), Bắc Giang (3), Lai Châu … [Read more...] about 769 new COVID cases reported on Tuesday