A train of Ben Thanh-Suoi Tien metro line (Photo: VNA)
Hanoi (VNA) – Ho Chi Minh City is exerting efforts to put its firstmetro line linking Ben Thanh and Suoi Tien into trial run at the beginning of2024.
The municipal Department of Construction has recently providedthe public with detail information about the progress of several key projectsin the city as of late July.
Nearly 90% of the work of the Ben Thanh-SuoiTien metro line have been completed, it said, adding contractors are also striving to complete construction atthe end of 2023, or the beginning of 2024.
A station of Ben Thanh-Suoi Tien metro line (Photo: VNA)
Metro Line No. 1, nearly 20km long, has a total investmentof over 43.7 trillion VND (1.9 billion USD) and consists of three undergroundstations and 11 over-ground platforms. It was initially scheduled forcompletion in late 2021 to run commercially in 2022, but then delays hit due tothe pandemic and procedure-related problems.
Meanwhile, Metro Line No.2, connecting Ben Thanh withTham Luong, is still in the site clearance stage, as the official developmentassistance (ODA) capital for it has yet to be extended.
In July, Ho Chi Minh City established a council of the BeltRoad No.3 project, which will help ensure the construction on the project willbegin in June 2023.
The belt road has a total investment of 75.3 trillion VND,running through the city, and Binh Duong, Dong Nai and Long An provinces./.
Statistics from Hanoi Metro company show that, from its first day of commercial operation in November last year to May 26, more than 3.1 million passengers have used the Cat Linh-Ha Dong 2A line.
Ho Chi Minh City needs to develop a specific roadmap to improve access to public transport, limit the use of personal vehicles, and speed up progress of metro lines, BRT (bus rapid transit), and others, experts have said.
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
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
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.
A train of Ben Thanh-Suoi Tien metro line (Photo: VNA) 
A station of Ben Thanh-Suoi Tien metro line (Photo: VNA) 
