A view of a section of Ho Chi Minh City-Trung Luong Expressway in Tan An city of Long An province (Photo: VNA)
Hanoi (VNA) ♒– The Prime Minister has approved an investment plan for a technical cooperation project sponsored by non-refundable aid from the Japanese government.
The project aims to boost capability in cost estimates, and the management of contract, quality, and safety in construction projects.
It will focus on improving regulations on management of public construction projects in Vietnam in line with international criteria.
The project also helps perfect policies and mechanisms in the construction field under international criteria, boost capability of relevant subjects on cost estimates, contract management, construction capability and project management.
It also aims to boost capability of identifying necessary works related to the management of construction safety, integration in quality management and safety management in cost estimates in construction, construction contract management.
The project will be implemented in three years with more than 71 billion VND (3.16 million USD) in non-refundable aid from the Japanese government.
In other news, the Prime Minister has agreed with the recommendation using official development assistance capital from the Republic of Korean Government’s Economic Development Cooperation Fund (EDCF) for a railway project.
The PM assigned the Ministry of Transport to build a report on the recommendation of upgrading the Hoa Duyet – Thanh Luyen section of the Hanoi-HCM City railway route and the project on improving the safety of bridges on the Hanoi-HCM City railway route and submit it for approval.-VNA
The Prime Minister has just approved the contents of a technical assistance project on consultation and analysis of public finance management in Vietnam.
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Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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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.
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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.