Chinese firms dominate industrial land investment: report

By Dat Nguyen   November 18, 2020 | 08:37 am GMT+7 vnexpressChinese firms dominate industrial land investment: reportAn aerial view of the Vietnam-Singapore Industrial Parks in southern Binh Duong Province. Photo courtesy of Becamex IDC Corp.Chinese manufacturing companies accounted for 88 percent of $1.57 billion poured into Vietnam’s industrial parks in the first nine months, showing an increasing shifting trend to Vietnam.

Among 20 key investments in the north and south regions, 15 were made by companies from mainland China, Taiwan or Hong Kong, according to a recent report by real estate consultancy Savills.

Companies from Hong Kong participated in eight deals with a total investment of nearly $700 million, while those from mainland China were involved in four deals worth over $300 million.

Companies from Taiwan invested in three deals worth $380 million in the north.

The biggest investments include the $333 million of Taiwanese electronics producer Wistron Corporation and its subsidiary. Wistron is a major laptop producer that has secured land in the northern province of Ha Nam.

The other Chinese companies were in the sectors of electronics, textile and garment, plastic, rubber, and paper.

Among the remaining five non-Chinese investments, two were from Singapore and the rest from Thailand, Japan and South Korea.

Vietnam is seeing rising demand for industrial land amid the establishment and expansion of multinationals as they seek to diversify their supply chains.

The country’s 280 industrial parks posted an occupancy of 70.1 percent in the first 10 months, and another 89 parks are being constructed, according to the Ministry of Planning and Investment.

Data from Savills shows that industrial parks in the northern Bac Ninh Province, the southern Dong Nai and Binh Duong Province are recording high occupancy rate of 94-99 percent, showing a need for an increase in supply.Related News:

Government formally approves Long Thanh international airport

vietnamnet 16/11/2020    15:48 GMT+7

Deputy Prime Minister Trinh Dinh Dung has approved the first phase of the Long Thanh International Airport in the southern province of Dong Nai.

A rendering of the proposed Long Thanh International Airport in the southern province of Dong Nai. – Photo courtesy of Airports Corporation of Vietnam 

The project has four component projects such as headquarters of State management agencies, flight management services, essential airport facilities, and other works.

Major works such as airport buildings, the aircraft apron, passenger terminals, and cargo terminals will be built by the Airport Corporation of Vietnam (ACV), which operates 21 airports across the country.

ACV has to raise funding for the construction.

The first phase of the airport, expected to cost more than US$4.6 billion, is projected to be completed by 2025.

The investment was approved by the National Assembly in 2017, which also issued a resolution on compensation and resettlement of and support for affected individuals and organisations.

Prime Minister Nguyen Xuan Phuc urged Dong Nai Province authorities to hand over the required lands in October so that construction of the airport could begin early next year.

He also set a deadline for assessing cleared land for compensation purposes by the end of this month.

The Ministry of Transport should work closely with the province to promptly resolve all challenges to ensure the project remains on schedule, he said.

The airport work requires more than 5,000ha of land and more than 364ha elsewhere to build two resettlement sites.

Around 4,800 households and 26 organisations are expected to be relocated to make way for it. 

Spread over a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh District. It is expected to cost VNĐ336.63 trillion ($14.47 billion), with the construction divided into three phases. 

In the first phase one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works involving a total floor area of ​​373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. 

The airport is expected to have four runways, four passenger terminals and other auxiliary works to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. 

Tan Son Nhat International Airport in HCM City, the country’s largest, has been seriously overloaded for years, both in the air and on the ground.

The Ministry of Transport said Long Thanh International Airport is a key national project that would have a significant impact on the southern key economic region.  VNS

Long Thanh Airport: investment rate high, ACV may lack money

The Ministry of Finance (MOF) has warned about problems with the Long Thanh International Airport project, ….

Long Thanh Airport project awaits disbursement of funds

The government’s report to the National Assembly on the implementation of the Long Thanh International ….

Bộ trưởng Nguyễn Văn Thể: dự án đường sắt đô thị ‘bộc lộ nhiều vấn đề’

03/11/2020 11:17 GMT+720Lưu

TTO – Trước Quốc hội, Bộ trưởng Bộ Giao thông vận tải Nguyễn Văn Thể thừa nhận việc triển khai các dự án đường sắt đô thị ‘đã bộc lộ nhiều vấn đề, đặc biệt vấn đề chậm tiến độ’.
Bộ trưởng Nguyễn Văn Thể: dự án đường sắt đô thị bộc lộ nhiều vấn đề - Ảnh 1.
Tiếp tục đọc “Bộ trưởng Nguyễn Văn Thể: dự án đường sắt đô thị ‘bộc lộ nhiều vấn đề’”

Minister warns about development of small-scale hydropower

29/10/2020    18:10 GMT+7 vietnamnet

Answering the local press on the sidelines of the National Assembly session, Minister of Natural Resources and the Environment Tran Hong Ha said the principle of his ministry is ‘not to develop small-scale hydropower at any cost’.

Many experts believe that the historic floods in the central region some days ago were the results of climate change. How does the draft of the amended law on environmental protection address the issue?

Minister warns about development of small-scale hydropower

Minister of Natural Resources and the Environment Tran Hong Ha

The issues related to climate change, natural disasters and floods are mentioned in many laws. The reason behind recent floods is extreme climate change. All the indicators exceed the indicators of the floods in history.

Tiếp tục đọc “Minister warns about development of small-scale hydropower”

North-South high-speed railway to be core part of national transport system

30/10/2020    07:10 GMT+7 vietnamnet

Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to propose a feasible plan for the North-South high-speed railway, considering this the backbone of the national strategy on railway development by 2050.

North-South high-speed railway to be core part of national transport system
A train in Ninh Phuoc District, Ninh Thuan Province. — VNA/VNS Photo

The high-speed line, inter-provincial, inter-regional and urban railway networks must also be added to the strategy, he said.

He was speaking at a Government meeting on Wednesday on the development strategy for Vietnam’s railway towards 2050.

Tiếp tục đọc “North-South high-speed railway to be core part of national transport system”

Infrastructure development at the centre of PPP decree direction

16/10/2020    06:38 GMT+7

Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.

Infrastructure development at the centre of PPP decree direction. Photo: Le Toan/VIR

The Ministry of Planning and Investment is now compiling two decrees to guide the implementation of the Law on Public-Public Partnership Investment. They include a decree on detailing the law and another one on selecting investors.

Tiếp tục đọc “Infrastructure development at the centre of PPP decree direction”

$777 mln expressway proposed from southern province to Central Highlands

By Phuoc Tuan   October 9, 2020 | 08:31 pm GMT+7 VNExpress$777 mln expressway proposed from southern province to Central HighlandsAn intersection between the Ho Chi Minh City – Long Thanh – Dau Giay Expressway with the National Highway 1A in Thong Nhat District, Dong Nai Province. Photo by VnExpress/Phuoc Tuan.

A VND18 trillion ($777 million) expressway is proposed to be built between the southern province of Dong Nai and Lam Dong in the Central Highlands.

The 67-kilometer expressway will have four lanes and allow vehicles to travel at up to 80 kilometers per hour, according to a pre-feasibility report drawn up by the Ministry of Transport’s Thang Long Project Management Unit.

Tiếp tục đọc “$777 mln expressway proposed from southern province to Central Highlands”

Chuyển container tôm Sài Gòn ra Hà Nội đắt gấp đôi sang Mỹ

vietnamnet –  22:18 | Thứ sáu, 10/07/2020 0

Vận chuyển 1 container tôm từ TP.HCM ra tới Hà Nội mất 80 triệu đồng, gấp đôi chi phí vận chuyển ra nước ngoài. Các chuyên gia, doanh nghiệp cho rằng chi phí logistics hiện quá cao đang cản đường tiêu thụ nông sản Việt.

Theo các doanh nghiệp, chi phí logistics quá cao làm giảm sức cạnh tranh của nông sản Việt. Tiếp tục đọc “Chuyển container tôm Sài Gòn ra Hà Nội đắt gấp đôi sang Mỹ”

Bitexco biến đất nông nghiệp, bãi tha ma thành ‘Kỷ nguyên mới’ phố phường Hà Nội

nông nghiệpSiêu dự án của Tập đoàn Bitexco đang bộc lộ sai phạm và những hệ lụy từ hình thức “đổi đất lấy hạ tầng” của UBND Thành phố Hà Nội.

Mặt bằng tổng thể siêu dự án của Tập đoàn Bitexco. Ảnh: BTC.

Mặt bằng tổng thể siêu dự án của Tập đoàn Bitexco. Ảnh: BTC.

Khi đất nông nghiệp, bãi tha ma thành “siêu dự án” của Tập đoàn Bitexco

Đi dọc đường Vành đai 3 từ góc Đại lộ Chu Văn An theo hướng về Khu đô thị Linh Đàm, hay hướng vào khu trung tâm xã Thanh Liệt, Dự án The Manor Central Park của Tập đoàn Bitexco được bao bọc bởi 4 bề là hàng rào. Tiếp tục đọc “Bitexco biến đất nông nghiệp, bãi tha ma thành ‘Kỷ nguyên mới’ phố phường Hà Nội”

South-east, Mekong Delta regions to prioritise transport infrastructure


Chia sẻ | FaceBookTwitter Email Copy LinkInterested011/09/2020    06:59 GMT+7

Minister of Planning and Investment Nguyen Chi Dung has urged localities in the south-east and Mekong Delta regions to develop transport infrastructure by diversifying the sources of and effectively using capital over the next five years.

South-east, Mekong Delta regions to prioritise transport infrastructure
Vam Cong Bridge across Hau River in the Mekong Delta. VNA/VNS Photo

Speaking at a conference on socio-economic development in the two regions, he called on them to lay out their objectives and priorities for public investment in 2021-25 to ensure “focused and effective investment.”

Tiếp tục đọc “South-east, Mekong Delta regions to prioritise transport infrastructure”

Modern Hanoi and HCM City impressive images

Chia sẻ | FaceBookTwitter Email Copy LinkInterested003/09/2020    12:32 GMT+7

In recent years both Hanoi and HCM City have undergone rapid development, with many skyscrapers, immense boulevards, and impressive public works taking shape. 

Let’s take a look at the amazing architectural feats of the nation’s two largest cities:

modern hanoi and ho chi minh city in impressive images hinh 1

Ba Dinh Square, the country’s largest square, is located on Hung Vuong street directly in front of the Ho Chi Minh Mausoleum. The site is the place where President Ho Chi Minh proclaimed the Declaration of Independence on September 2, 1945, therefore marking the start of the Democratic Republic of Vietnam.

Tiếp tục đọc “Modern Hanoi and HCM City impressive images”

Vietnam PM consents to accepting S.Korean ODA for key Mekong Delta road

Thursday, August 20, 2020, 10:32 GMT+7 tuoitrenews

Vietnam PM consents to accepting S.Korean ODA for key Mekong Delta road
A map details the location of the future My An-Cao Lanh road in the road network of Vietnam’s Mekong Delta region. Graphic: Tuoi Tre

Vietnam’s prime minister has approved a proposal by the Ministry of Planning and Investment and the Ministry of Finance to construct a key road in the Mekong Delta using official development assistance (ODA) loans from South Korea.

Tiếp tục đọc “Vietnam PM consents to accepting S.Korean ODA for key Mekong Delta road”

Vietnam transport ministry launches call for tender for North-South Expressway

Ngoc Thuy

The Hanoitimes – All five sub-projects under the North-South Expressway project would be operated under the PPP mechanism, scheduled to commence in early 2021.

Vietnam’s Ministry of Transport (MoT) today [July 16] issued bidding documents for five sub-components under the North-South Expressway project, local media reported.

 Vietnam transport ministry launches call for tender for North-South Expressway.

Vice Minister of Transport Nguyen Nhat said bidders would have two months to prepare for their tenders and submit the documents in September, adding the evaluation process is scheduled to complete by December.

Additionally, bidders would have six months to mobilize capital for these projects worth a combined VND22.35 trillion (US$961.28 million), which is a condition for contract award if their bids are accepted, stated Nhat.

Tiếp tục đọc “Vietnam transport ministry launches call for tender for North-South Expressway”

Toạ đàm “Phụ nữ trong lĩnh vực STEM – Khoa học, công nghệ, kỹ thuật, toán học” ngày 24.07.2020

★ Registration link: 

VUSAC Hanoi and The American Center in Hanoi (U.S. Embassy in Hanoi) jointly organize the Women in STEM panel discusison. Come join us.

In this event, speakers will share their personal experiences of being successful women working in STEM fields and lead the discussion on social barriers and gender equality issues in STEM fields. They will also talk about challenges to balance work and family and opportunities for women in STEM careers.

You will have an opportunity to listen to the stories of our inspiring speakers:

✔️ Ms. Pamnella Devolder, Public Affairs Section, U.S. Embassy Hanoi
✔️ Ms. Doan Thi Thai Yen, Institute of Environmental Science and Technology, Hanoi University of Science and Technology
✔️ Ms. Trinh Thi Hoa, VEF Alumni, Consultant at World Bank and International Financial Institution

★ Time: 15:30 – 17:00, July 24
★ Venue: American Center, 170 Ngoc Khanh Street
★ Registration link: 




Cao tốc ngàn tỉ Bến Lức – Long Thành, bao giờ dân được đi?

21/07/2020 05:24 GMT+7

TTO – Cao tốc Bến Lức – Long Thành kết nối các tỉnh miền Đông và miền Tây Nam Bộ vẫn chưa thôi lận đận sau 2 năm trễ hạn. Vốn vay không kịp nhận hết, dự án phát sinh nhiều khiếu nại, nợ nần và đường chưa biết bao giờ mới xong!

Cao tốc ngàn tỉ Bến Lức - Long Thành, bao giờ dân được đi? - Ảnh 1.

Dự án cao tốc Bến Lức – Long Thành đã 2 lần gia hạn thời gian hoàn thành. Ngân hàng Phát triển châu Á – ADB cho vay 636 triệu USD làm dự án này. Hiệp định vay lần 1 trị giá 350 triệu USD đã hết hạn vay vào ngày 30-6-2019, dự án đã mất khoản tiền vay trị giá khoảng 170 triệu USD chưa kịp nhận. Tiếp tục đọc “Cao tốc ngàn tỉ Bến Lức – Long Thành, bao giờ dân được đi?”