Work to restart on section of Ho Chi Minh expressway project
A section of the Ho Chi Minh expressway project, with a total investment cost of 2.3 trillion VND (some 96.7 million USD), is scheduled to restart this year.
Work on the Chon Thanh - Duc Hoa section, a component project of the trans-Vietnam Ho Chi Minh Expressway Project, is scheduled to resume in 2023. (Illustrative Photo - Source: www.baogiaothong.vn)
HCM City (VNA) - A section of theHo Chi Minh expressway project, with a total investment cost of 2.3trillion VND (some 96.7 million USD), is scheduled to restart this year.
The Ministry of Transport has issued a decision approving theinvestment capital for the Chon Thanh - Duc Hoa expressway section project fromthe State budget, including land compensation and resident resettlement costsof about 264 billion VND (11.1 million USD).
Work on the Chon Thanh - Duc Hoa section is expected to becompleted by 2025.
This component project began construction in 2009 and wassuspended in 2011 due to a lack of funds and difficulties in site clearance.
The section runs through the four southern provinces of Binh Duong,Binh Phuoc, Tay Ninh and Long An, all parts of the Southern Key Economic Zone.
It begins from Bau Bang district in Binh Duong province to Duc Hoadistrict in Long An province.
It will be nearly 73km long and 12m wide, with two lanes in thefirst phase and an expansion to six lanes in the completionphase.
There will be 14 bridges along the section, ofwhich, 11 bridges will be upgraded and three bridges will be newlybuilt, namely Trang Bang, An Hoa and Rach Nhum.
The section will contribute to gradually completing theentire 2,744-km-long Ho Chi Minh expressway, which passes through 28provinces and cities from the northern mountainous province of Cao Bang to thesouthernmost province of Ca Mau./.
Prime Minister Pham Minh Chinh on July 13 demanded drastic moves to tackle bottlenecks related to site clearance and construction materials facing key transport projects nationwide.
Prime Minister Pham Minh Chinh on July 22 inspected major transport and industrial projects in Quang Tri as part of his working trip to the central province.
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.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Work on the Chon Thanh - Duc Hoa section, a component project of the trans-Vietnam Ho Chi Minh Expressway Project, is scheduled to resume in 2023. (Illustrative Photo - Source: www.baogiaothong.vn) 
