The Ho Chi Minh City Department of Transport has announced the conversion of Nguyen Binh Khiem and Yersin Streets in the downtown area into one-way thoroughfares. As per the announcement, the section of Nguyen Binh Khiem Street from Nguyen Dinh Chieu Street to Nguyen Thi Minh Khai Street will become one-way only starting 8:00 am on Saturday. Vehicles are advised to take two alternative routes as below: Route 1: Nguyen Thi Minh Khai Street → Dinh Tien Hoang Street → Dien Bien Phu Street → Nguyen Binh Khiem Street. Route 2: Nguyen Thi Minh Khai Street → Dinh Tien Hoang Street → Nguyen Van Thu Street → Nguyen Binh Khiem Street. Starting at 8:00 am on June 9, vehicles are only allowed on Yersin Street in one direction from Pham Ngu Lao Street to Tran Hung Dao Street. They can make a detour by taking Tran Hung Dao Street, then Nguyen Thi Nghia Street and Pham Ngu Lao Street or Tran Hung Dao Street, then Quach Thi Trang Roundabout to Pham Ngu Lao Street. The transport … [Read more...] about Ho Chi Minh City converts 2 downtown roads to one-way only
Whoa bumpy road ahead full scene
Ten transport projects to be launched in second quarter
These projects include some important routes, such as Khanh Hoa-Buon Ma Thuot, Bien Hoa-Vung Tau, Belt Road No.3 of Ho Chi Minh City , and the Belt Road No.4 of the Capital Region. The ministry reported that it has so far approved the investment policy for 59 transport project s using public investment capital for the 2021-2025 period. Among them, 41 have had their investment project approved. For the 18 remaining projects, 11 are scheduled to be approved in the second quarter, six in the third quarter and one in the fourth quarter, the ministry said. Within this year, the ministry plans to start construction of 28 projects and finish 29 others. To date, six projects have been launched as scheduled, including the upgrade of the Hanoi-Vinh and Vinh-Nha Trang sections of the Hanoi-Ho Chi Minh City railway route , two projects upgrading the Cai Mep-Thi Vai waterway route and the waterway route leading to ports in Nam Nghi Son area of Thanh Hoa province./. VNA … [Read more...] about Ten transport projects to be launched in second quarter
Air, rail transport to be prioritised in Central Highlands
Buon Ma Thuot Airport in Dak Lak province is a major airport in the Central Highlands. (Photo: baogiaothong.vn) Hanoi (VNA) – The Ministry of Transport (MoT) has requested more investment be prioritised for air and rail transport to the Central Highlands to ease pressure on road transport. This is part of the MoT’s recently built plan on developing modern, comprehensive, and cost-effective transportation that also guarantees defense and security for the Central Highlands by 2030, with a vision to 2045. The Central Highlands is comprised of the provinces of Kon Tum, Gia Lai, Dak Lak, Dak Nong, and Lam Dong. Under this plan, authorities will modernise goods handling technology at transport centres, apply advanced transport technology, comprehensively develop transport supporting services and multi-modal transport, and improve logistics services. Enterprises will be encouraged to increase investment in container transport vehicles; the container handling capacity … [Read more...] about Air, rail transport to be prioritised in Central Highlands
1 killed, 2 injured as truck hits vehicles at red light in southern Vietnam
One man died and at least two others were injured after a truck slammed into multiple motorcycles which were stopping at a red light in Binh Duong Province, southern Vietnam on Tuesday evening. The fatal crash took place on a My Phuoc-Tan Van Road section in the provincial city of Thuan An at around 7:00 pm, when the truck was en route from Thuan An Hoa Street to My Phuoc-Tan Van Road. The truck driver was identified as Ha Dinh Be, 43, residing in the provincial city of Tan Uyen. At the scene of the accident, three damaged motorcycles were found lying in front of the truck. One of the victims, identified as Tran Chi Cuong, 20, a native of northern Nam Dinh Province, was crushed to death by the truck. Meanwhile, Mai Van Han, 36, residing in Binh Duong, and Pham Ngoc Thuy, 43, a native of north-central Quang Binh Province, were injured and rushed to a nearby hospital for emergency treatment. The truck also hit a tractor-trailer, leaving both damaged. Police are … [Read more...] about 1 killed, 2 injured as truck hits vehicles at red light in southern Vietnam
Second home real estate on the slow path to recovery
Hotel supply in Vietnam has tripled over the past decade, photo Le Toan According to a report by DKRA Vietnam, the supply of villas and town houses across the country continued to decrease from the end of the second quarter of 2022. Specifically, in April only two projects were opened for sale, providing 12 apartments to the market, down 69 per cent from the previous month and down 98 per cent compared to the same period last year. Particularly, the Central region recorded the fourth consecutive month that no new projects were introduced to the market. “It is expected that in the next few months, supply and demand may increase slightly. However, the market will not have obvious fluctuations with key transactions, except from expected transactions on Phu Quoc island,” according to DKRA’s report. The primary selling price did not alter greatly compared to the previous month. Instead, investors have aggressively launched discounts up to 30-40 per cent to stimulate market … [Read more...] about Second home real estate on the slow path to recovery
HCM City eyes jump in economic growth to 5.87% in Q2
HCM City’s economic growth is expected to climb to 5.87 per cent in the second quarter of 2023, its leader has said. A view of HCM City at night. The city is expected to face economic headwinds during the rest of this year. — VNA/VNS Photo It was only 0.7 per cent in the first quarter. Speaking at a meeting on Tuesday, Phan Văn Mãi, chairman of its People’s Committee, said its economic growth in the first half is expected to be 3.55 per cent. Public spending in the first five months is expected to be worth VNĐ10.2 trillion (US$436.4 million), up 24 per cent year-on-year, he said. The global economic decline and high inflation will continue to affect the city’s economy across the board, hindering its recovery, he said. In May, the index of industrial production (IIP) rose by an estimated 1.5 per cent month-on-month and 5.5 per cent year-on-year. It was up 1.6 per cent year-on-year in the first five months. The services sector is expected to post the … [Read more...] about HCM City eyes jump in economic growth to 5.87% in Q2
Foreign visitors to Vietnam surge over 12-fold year on year
Of the international arrivals , 88% came to the country by air, 10.9% by road, and 1.1% by sea. Revenue from tourism services went up 89% while earnings from accommodation and restaurant services rose 22%, the General Statistics Office said, attributing the increases partly to many holidays during the five months. Recently, Vietnamese tourism has continually been honoured by foreign media, helping enhance its attractiveness to international travellers. Notably, Cat Ba of Hai Phong city has been given the second place among the 10 most spectacular beaches in Asia by Microsoft Travel; Ninh Binh province named among the world's top 10 best hidden family vacation spots to visit in 2023 by Canada’s The Travel magazine./. VNA … [Read more...] about Foreign visitors to Vietnam surge over 12-fold year on year
Vietnam’s Phu Quoc Island emerges as attractive destination to Cambodians
Around 9,000 Cambodian tourists have visited Phu Quoc Island off Kien Giang Province in southern Vietnam since the beginning of this year, marking Cambodia as a potential market for the island this summer. “Phu Quoc has a beautiful beach scene and a bustling night market with lots of foods and souvenirs,” said Danh Sang, a Cambodia tourist. “My family and I really enjoy being here. “Phu Quoc is truly a pretty and attractive destination.” According to the Kien Giang Department of Tourism, the province is estimated to have welcomed more than 4.9 million visitors, including over 354,992 from abroad, since early this year. The number of Cambodian tourists reached about 9,145, much higher than before. According to Tran Quoc Khanh, chairman of the Kien Giang Tourism Association, Cambodia is a potential international market for the island during this summer as the number is still on the rise. Among the efforts to attract more tourists from the potential market, the Kien Giang … [Read more...] about Vietnam’s Phu Quoc Island emerges as attractive destination to Cambodians
Australian prime minister to visit Vietnam this weekend
Australian Prime Minister Anthony Albanese will pay an official visit to Vietnam on Saturday at the invitation of Vietnamese Prime Minister Pham Minh Chinh, according to the Ministry of Foreign Affairs. This will be his first visit to Vietnam since he took office in 2022. The Australian prime minister’s visit will be made two months after Australian Governor-General David Hurley’s state visit to Vietnam. His two-day visit is aimed at marking the 50th anniversary of diplomatic ties between Vietnam and Australia. Australian Prime Minister Albanese will meet several top Vietnamese officials during his trip, said the Australian Embassy in Vietnam. “The leaders will come to the table about measures to deepen the partnership in trade, investment, education, energy, and environmental protection," the embassy said. “Vietnam is one of Australia’s key strategic economic partners in Southeast Asia, which is a focus of Australian Prime Minister Albanese." “My first official visit to … [Read more...] about Australian prime minister to visit Vietnam this weekend
Vietnam urges industry to save energy during heatwave
Vietnam is turning off street lights and manufacturers are switching operations to off-peak hours to keep the national power system running amid record temperatures in some areas that have caused a surge in demand. As weather officials warn the heatwave could run into June, several cities have cut back on public lighting and government offices have been urged to cut power use by a tenth after state utility EVN said the national grid faced strain in coming weeks. Temperatures this week are expected to hover between 26 and 38 degrees Celsius (78.8 and 100.4 degrees F), weather officials say. To tackle the problem, Hanoi has shortened the duration of public lighting by an hour each day, while halving illumination on some major roads and in public parks. "If people all save energy, all will have enough electricity to use, but if not, there will be a partial electrical overload that will put the power grid at risk," said Luong Minh Quan, an electrician with EVN in Hanoi. Last … [Read more...] about Vietnam urges industry to save energy during heatwave