Want to be in the loop?
subscribe to
our notification
Business News
TRANSPORT MINISTRY EYES 70 KEY INFRASTRUCTURE PROJECTS IN 2025
The Ministry of Transport today, December 30, announced that it would advance 70 infrastructure projects in 2025, including 19 new starts and the completion of 51 existing ones.
The announcement came at a conference reviewing the ministry’s 2024 performance and outlining its 2025 priorities.
The ministry will expedite other components of the North-South Expressway project to achieve the national goal of 3,000 kilometers of expressways by year-end.
Key projects, including the HCMC-Trung Luong-My Thuan Expressway expansion and new expressways like Cho Moi-Bac Kan and My An-Cao Lanh phase 1, will see faster preparatory work.
Detailed planning for the Hanoi-Dong Dang and Haiphong-Halong-Mong Cai railway lines will be expedited, while procedures to initiate construction on the Lao Cai-Hanoi-Haiphong railway will be fast-tracked.
The ministry will finalize investment procedures to develop southern waterway corridors and logistics hubs, with construction anticipated to commence in the fourth quarter of 2025.
Long Thanh International Airport in the southern province of Dong Nai is slated for substantial completion.
The Ministry of Transport plans to disburse VND87 trillion from the State budget in 2025. To ensure efficient utilization, the ministry will implement comprehensive solutions to expedite public investment disbursement while maintaining strict accountability.
Last year, the ministry began work on 10 projects and completed eight, despite challenges related to land acquisition and material procurement.
Several key projects, including sections of the North-South Expressway between the coastal provinces of Quang Ngai and Khanh Hoa, are anticipated for completion ahead of schedule.
Source: The Saigon Times
Related News
VIETNAM ECONOMY INVESTMENT
FOOTWEAR INDUSTRY SET TO GAIN $27 BILLION IN EXPORT THIS YEAR
Việt Nam's footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).
BANKING / FINANCE / INSURANCE / TAX
FOUR MAIN DRIVERS OF VIETNAMESE STOCK MARKET IN 2025
Positive prospects of a stable manufacturing in 2025 are supported by supply chain diversification benefits from the “China +1” strategy, and Vietnam will continue to attract FDI inflows in the coming time.
BANKING / FINANCE / INSURANCE / TAX
FORECAST UPBEAT FOR BANKING INDUSTRY IN 2025
They explained that the real estate market has gradually recovered, while the Government has also been promoting public investment. These factors will help stimulate an increase in credit demand, which will support banks' lending yields in the second half of 2025.
VIETNAM ECONOMY INVESTMENT
TOTAL FDI REGISTERED IN VIETNAM HITS 31.4 BILLION USD IN JANUARY-NOVEMBER
As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
GARMENT / TEXTILE
TEXTILE EXPORT TURNOVER HITS 44 BILLION USD IN 2024
According to the Vietnam Textile and Apparel Association, Vietnam's textile and garment industry has fulfilled its 44-billion-USD export turnover target in 2024. The US remains the largest export market with an estimated export turnover of 16.71 billion USD, up 12.33% and accounting for 37.98% of the total turnover, followed by Japan, EU, the Republic of Korea, China, and ASEAN.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S REAL ESTATE MARKET ON A PATH TO RECOVERY
Despite these difficulties, housing demand remains robust, with a healthy absorption rate reflecting strong growth in mortgage activities. This trend signals recovery, especially in buyer confidence. One of the pivotal factors driving the gradual recovery of the real estate market in 2024 was the introduction and implementation of over 20 circulars and decrees in Q3 and Q4 this year.
Events Sponsors
