At the ground-breaking ceremony of the Dien Chau-Bai Vot section of the North-South Expressway (Photo: VNA)
Hanoi (VNA) – Construction of Dien Chau-Bai Votsection of the North-South Expressway running the central provinces of Nghe Anand Ha Tinh started on May 22.
The 50-kilometre section will have four lanes in its firstphase, and comprise an 1.1km-long tunnel and a 4-kilometre long bridge.
With a total cost of over 11.15 trillion VND (482.5 million USD), thisis the section with the biggest investment among the 11 sections of theNorth-South Expressway. Of the total, 6.06 trillion VND (261.7million USD) will come from the State capital, while the rest will be securedfrom investors.
A BOT contract was signed for the project on May 13. Theexpressway section is scheduled for completion in three years, with the tollingperiod estimated at 16 years and six months.
Addressing the ground-breaking ceremony, Deputy Minister ofTransport Nguyen Nhat asked the investors to mobilise resources to ensure thatit will complete in the first quarter of 2023.
The official asked Nghe An and Ha Tinh provinces to promptly completeground clearance and resettlement work.
He said that in the coming time, the ministry will launchthe construction of two other sections, namely Nha Trang-Cam Lamand Cam Lam-Vinh Hao of the North-South Expressway./.
The Ministry of Transport (MoT) will move forward with major transport projects such as the North-South Expressway and the Long Thanh International Airport in the time ahead, a conference on December 24 heard.
The joint venture among Deo Ca Group, Hai Thach Investment Construction JSC and 194 Construction Investment Corporation was named the investor of the Cam Lam-Vinh Hao Highway – a section of the North-South Expressway.
The Ministry of Transport has said its units are expected to disburse close to 10.86 trillion VND (470 million USD) of public investment by the end of April, fulfilling 28 percent of the annual target.
Prime Minister Pham Minh Chinh has directed the Ministry of Transport to adopt the principle of “three don’ts” in addressing problems from project implementation: Don’t say “no”, Don’t say “difficult”, and Don’t say “yes” but then take no action.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
At the ground-breaking ceremony of the Dien Chau-Bai Vot section of the North-South Expressway (Photo: VNA) 
