LONG AN - DESTINATION FOR LOGISTICS PROJECTS
Long An is located adjacent to Ho Chi Minh City, a bridge between the Southern Key Economic Region and the Mekong Delta. The province has 37 industrial parks (ranked 5th in the country by number, 13th by FDI value and 3rd by domestic investment value), a border gate economic zone and an international port.
IMPROVING BANKABILITY OF PPP PROJECTS IN VIETNAM
In recent years, many Public-Private Partnership (PPP) projects in transportation, energy, and other infrastructure sectors in Vietnam have failed to secure financing from commercial banks and other lenders. The lack of interest from lenders and financiers in these PPP projects has raised important questions about the bankability of projects procured under a PPP model.
MEKONG DELTA NEEDS $4B TO IMPROVE INFRASTRUCTURE TO MITIGATE CLIMATE CHANGE
The proposal was made by the ministries of Transport and Agriculture and Rural Development and 13 localities (including 12 provinces and Cần Thơ City) at the first meeting of the Steering Committee for Sustainable Development Projects in the Mekong Delta to respond to climate change organised in Cần Thơ last weekend.
VIETNAM NEEDS HUGE CAPITAL FOR SEAPORT DEVELOPMENT
As of October 2022, Vietnam had 296 ports about 107 km in length (five times that of 2000). International gateway ports have been established in the northern and southern regions, with Lach Huyen wharf area (Hai Phong) and Cai Mep wharf area (Ba Ria-Vung Tau) capable of accommodating container ships up to 145,000 tons and 214,000 tons, respectively.
BIG-TICKET INFRASTRUCTURE PROJECTS PROPOSED FOR MEKONG DELTA
These include projects to build coastal roads, inter-regional roads, dikes and reservoirs, with total capital of VND94,300 billion. They were proposed by the Ministry of Transport, the Ministry of Agriculture and Rural Development, and the Mekong Delta’s 13 provinces.
RAILWAY, SEAPORT NETWORKS NEED TO BE ARTERIES OF ECONOMY: DEPUTY PM
The railway network connecting economic hubs and seaports needs to be designed as the key arteries of the economy, Deputy Prime Minister Trần Hồng Hà said at a meeting with the transport ministry and relevant departments yesterday.
VIMC REPORTED ALL-TIME HIGH PROFITS, RESTRUCTURING CONSIDERED
The Vietnam Maritime Corporation (VIMC) reported its profit exceeding US$130 million in 2022, for the second year in a row. While the final figure was still not yet made public while under audit, VIMC, the country's largest State-owned maritime logistics corporation, said 2022 had been a good year for business.
HAI PHONG AIMS TO BECOME AN INTERNATIONAL LOGISTICS CENTRE
The northern city of Hai Phong aims to become a regional and international logistics centre due to its many advantages as a transportation hub for all five types of traffic, including sea, road, air, railway, and inland waterways.
