return icon Vietnamnet.vn

$9.43bil. invested in Mekong Delta’s infrastructure

Over 890 projects in infrastructure with total investment of $9.43 billion are being carried out by in the Mekong Delta by 898 businesses from Ho Chi Minh City, according to statistics of the municipal People’s Committee.

 

 

{keywords}
An aerial view of the Mekong Delta (Illustrative photo: VNA)

 

The projects are mainly in building infrastructure for transport connection, industrial parks and residential areas; along with in other areas like agriculture, industry, river protection and waste treatment.

HCM City has signed cooperation agreements with 13 Mekong Delta localities to help them fully tap investment resources and promote their advantages in the socio-economic development, said Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen.

The cooperation also aims to offer more chances for investment market expansion and enhancement of human resources capacity, meeting local demands on socio-economic development.

In implementing the Government’s Resolution 120/NQ-CP on sustainable development of the Mekong Delta in response to climate change, HCM City has devised a plan on the development of a meteorological and hydrological network. The city has also worked to increase the use of renewable and new energy, and joined hands with surrounding provinces to share data and information on water pollution risks.

Some works of transport infrastructure linking HCM City with Mekong Delta localities have been put into operation, particularly the HCM City-Trung Luong expressway.

The city is calling for more investment for HCM City Ring Roads No.3 and No.4, which will connect the city, other southeastern provinces with the Mekong Delta.

At present, nearly 90 percent of goods to the Mekong Delta via sea route, with 80 percent of them being transported through ports in the southeastern region.-VNA

MORE NEWS

Power shortage worries increase hunger for coal

Vietnam is maximising its coal mining output amid widespread power outages in the north.

Indicators ripe for wave of tech startup successes

Venture capital investment flows into Vietnam, particularly from Singapore, are on track to surpass the previous level, propelled by the country’s buoyant tech startup scene.

Tourism industry faces serious labor shortage

Because of low pay, many workers have left the tourism sector.

Industrial parks, economic zones absorb US$ 230 billion in foreign direct investment

Industrial parks (IPs) and economic zones (EZs) across the country have attracted nearly 11,000 foreign direct investment projects worth US$230 billion, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Property, fishery sectors face hardship as credit chokes

At a government-to-business conference held yesterday, representatives of business associations expressed their concern over being unable to access bank loans as banks are running out of credit growth quotas.

Utilising every opportunity to grow and overcome challenges

That is the message and guideline of Minister of Planning and Investment Nguyen Chi Dung at the national conference on how to sustainably develop.

Outbound tours to Europe rocked by passport tangle

A number of Vietnamese outbound travel companies have already been affected by the decision of some European nations to not recognise Vietnam’s new passports.

Young people discover the universe via telescopes

Many young people have been spending time and money to buy telescopes and build rooftop observatories to admire the wonders of the universe.

Ample room remains for Vietnam’s exports to EU

There is still a lot of room for Vietnamese goods to expand their presence in the European Union (EU) market, but accessing its retail distribution systems is extremely important, heard a seminar in Ho Chi Minh City on August 11.

Vietnam yet rolls out Covid jabs for under-5s

Vietnam has yet planned to get younger kids aged under five vaccinated against COVID-19, according to the Ministry of Health (MoH).

Vietnam to host Mekong Tourism Forum in October

Vietnam is scheduled to host the 2022 Mekong Tourism Forum, themed “Rebuild Tourism, Rebound with Resilience”, from October 9 – 14, the first in-person meeting of the six Greater Mekong Subregion (GMS) destinations since the pandemic began in 2019.

Cryptocurrencies show high risks

Even though cryptocurrencies are not legally recognized in Vietnam, they have gradually become popular due to unlawful trading via specific platforms.

Pandemic-hit labourers continue to receive financial support

The Unemployment Insurance Fund plans to pay out 1.15 trillion VND (49.15 million USD) to support labourers affected by the COVID-19 pandemic, according to a resolution issued by the National Assembly (NA) Standing Committee.

Seven petroleum wholesalers’ licenses suspended

The Ministry of Industry and Trade suspended the operating licenses of seven key petroleum import and export businesses after inspecting 33 wholesalers in February this year.

President reduces death penalties to life sentences for 21 prisoners

President Nguyen Xuan Phuc on August 12 decided to reduce death penalties to life sentences for 21 prisoners, including two foreigners.
back_to_top