Posts Tagged ‘ Infrastructure Projects ’

Traffic problems not only about jams 

December 30, 2011
Traffic problems not only about jams 

Workers lay asphalt on a section of the National Way 1A in the central province of Quang Ngai Tuesday, although the street is wet with stagnant water. Last week newly-appointed Transport Minister Dinh La Thang made the headlines with bold statements about dealing with traffic jams in Ho Chi Minh City and Hanoi – the [...]

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Traffic problems not only about jams 

December 23, 2011
Traffic problems not only about jams 

Workers lay asphalt on a section of the National Way 1A in the central province of Quang Ngai Tuesday, although the street is wet with stagnant water. Last week newly-appointed Transport Minister Dinh La Thang made the headlines with bold statements about dealing with traffic jams in Ho Chi Minh City and Hanoi – the [...]

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Vietnam turning to private sector for infrastructure project funding 

November 29, 2011
Vietnam turning to private sector for infrastructure project funding 

Vietnam needs US$15-16 billion a year for its infrastructure projects Vietnam can only meet half of the capital it needs for infrastructure development and will have to seek more invesment from the private sector, according to a report on the government’s website. The country needs US$15-16 billion a year for its infrastructure projects, but the [...]

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Capital dearth blunts local contractors 

June 19, 2011
Capital dearth blunts local contractors 

  The ongoing capital crunch has had a significant impact on the construction industry, reducing further the competitiveness of local contractors in the domestic market. With most infrastructure projects using foreign capital sources implemented by foreign contractors, their domestic counterparts have been sidelined. Around 150 infrastructure projects are constructed in Vietnam each year, and most [...]

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Relocated residents forced into poverty

January 10, 2010
Relocated residents forced into poverty

A broken section at An Suong Apartment complex in Ho Chi Minh City’s District 12. Families displaced by infrastructure projects find themselves barely scraping by in crumbling tenements. Every morning, Le Van Thanh’s tap spews out a black, coffee-like liquid, which he then filters and boils to use for cooking throughout the day.He says that’s [...]

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SOCIAL IN BRIEF 24/12

December 24, 2009
SOCIAL IN BRIEF 24/12

WB approves US$500 million to support Vietnam’s public investment reforms; Bank officers forge documents to steal money; Opening doors for PPP investment model; Increasing female members in political system    Noi Bai-Lao Cai expressway project gets underway The Phu Tho provincial People’s Committee in coordination with the Ministry of Transport organised a groundbreaking ceremony on December [...]

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WB HIV toolkit set for Mekong Delta infrastructure project

August 28, 2009

A national HIV awareness raising program for migrant workers on infrastructure projects is poised to start in the Mekong Delta, awaiting approval from the Transport Ministry. The World Bank, which is funding the program, and other stakeholders met Friday at the Duxton Hotel in Ho Chi Minh City to discuss launching the toolkit, which was [...]

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Vietnam bond market association makes debut

August 15, 2009
Vietnam bond market association makes debut

A Sacombank branch in Ho Chi Minh City. The Vietnam Bond Market Association (VBMA) was inaugurated in Hanoi Friday. The association aims to support the development of the bond market, build the capacity of its members and enhance the efficiency of market operations.“We expect to build up an effective association to encourage dialogue between market [...]

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Can Tho furthers plans to build first railway to HCMC

August 6, 2009

Can Tho City administration met Wednesday with a consultant and design company regarding plans for an express railway project that will one day connect Ho Chi Minh City to Can Tho. The US$4 billion project, which is part of a government-approved national railway zoning plan until 2020, is currently in the design stage with a [...]

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Japan provides $683 mln loan for infrastructure projects

August 4, 2009

The Japanese government has decided to provide a preferential loan of JPY65 billion (US$683 million) to Vietnam for the first half of its financial year (April 1 to September 30). The Japanese embassy in Hanoi last week said that Ambassador Sakaba Mitsuo had informed Minister of Planning and Investment Vo Hong Phuc of the decision.According [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...