RESTRUCTURING CONSTRUCTION BUSINESSES
One of the key tasks of the Ministry of Construction is restructuring State-owned enterprises (SOEs) in 2018. Wherein, accelerating the equitisation of SOEs and divesting from equitised enterprises is a priority.
VŨNG TÀU TO INVEST IN LOGISTICS, PORT
Bà Rịa–Vũng Tàu Province plans to build a new logistics centre and container port with total investment of VNĐ50 trillion (US$2.17 billion).
KEY TRANSPORT INFRASTRUCTURE PROJECTS FACE CAPITAL SHORTAGE
Many major transport infrastructure projects such as the North-South Expressway, and Ring Road No.2 of HCMC may fall behind schedule due to shortages in investment capital and complicated mechanisms, reported Thanh Nien newspaper.
PROPOSAL ON INTERNATIONAL SEAPORT IN SOC TRANG TO BE SUBMITTED TO PM
At the end of the year, the government of the Mekong Delta province of Soc Trang will submit to the prime minister a proposal to upgrade the Tran De deep-water seaport in the province into an international port (IA grade), according to Soc Trang Vice Chairman Le Thanh Tri.
CONSTRUCTION MINISTRY CUTS, SIMPLIFIES 85 PCT OF BUSINESS, INVESTMENT CONDITIONS
The Ministry of Construction has cut or simplified 85 per cent out of the 215 business and investment conditions, and eliminated five among the 17 conditional business lines.
VIETNAM-JAPAN JOINT VENTURE BUILDS LOGISTICS CENTRE IN BA RIA - VUNG TAU
Vina-Japan Shirogane Logistics Company Ltd on Thursday broke ground for a US$5.4 million logistics centre at the Phu My 3 Specialised Industrial Park in the southern province of Ba Ria–Vung Tau.
FOREIGN INVESTORS KEEN ON VINALINES’ EQUITIZATION
Many foreign enterprises have expressed interest in becoming strategic investors in Vietnam National Shipping Lines (Vinalines) following the Prime Minister’s approval of the firm’s equitization plan.
VIETNAMESE LOGISTICS INDUSTRY SHORT OF PERSONNEL
Despite its huge potential and forecasted annual growth rate of 12 per cent, as well as import-export turnover reaching $623 billion by 2020, the Vietnamese logistics industry is facing difficulties in enlisting personnel, especially skilled employees.