Business News

Transport projects, including the extended Highway No 5, the intersection of the Ring Road 3 with the Hanoi- Hai Phong and Co Linh motorway, and phase 2 of Vinh Tuy Bridge, will be built from 2020-24. Phase 2 of Vinh Tuy Bridge will cost a total of 2.5 trillion VND (106.5 million USD).

Nguyễn Xuân Sang, Director of the Việt Nam Maritime Administration, predicted that maritime transport would continue to face difficulties until the end of this year due to drops in demand for goods in foreign countries and stagnation of production globally which caused falls in both imports and exports.

Inflated logistics costs were hampering the competitiveness of Vietnamese goods, according to Chairman of the Việt Nam Textile and Apparel Association (VITAS) Vũ Đức Giang.

The six projects will be located in three new urban areas in Vị Thủy and Châu Thành districts and Vị Thanh City. Three roads will be built, including one passing through Vĩnh Viễn A Commune in Long Mỹ District, one in Phú Tân Commune in Châu Thành District, and another in Phú Hữu Commune in Châu Thành District.

Calling for investment into ports is one of the five sectors that Ba Ria-Vung Tau will focus on to realise its target to become one of the three provinces attracting the highest foreign direct investment this year.

The four carriers – Vietnam Airlines, Jetstar Pacific, Vietjet Air and Bamboo Airways – were asked to submit their flight permit requests for the April 16-30 period Tuesday to the Civil Aviation Authority of Vietnam for consideration.

Accordingly, feed-in-tariff for projects approved by competent authorities before November 23, 2019 and starting commercial operations (part of the project or the whole project) between Junly 1, 2019 and December 31, 2020 shall be:

An MOU – signed between the department and the Institute of Transport Science and Technology and the Vietnam Association of Motorcycle Manufacturers earlier this week – requires motorcycles more than five years old to be tested.