return icon

Deputy PM calls for setting up managing unit for delayed expressway project

The Government Office said Deputy Prime Minister Trinh Dinh Dung has ordered the setting up of a managing unit for the Ben Luc-Long Thanh Expressway project.

Deputy PM calls for setting up managing unit for delayed expressway project hinh anh 1

The Ben Luc- Long Thanh Expressway between Long An and Dong Nai provinces through HCM City is delayed due to the lack of a managing unit. (Photo


According to the Vietnam Expressway Development and Investment Corporation (VEC), which is building the highway, the lack of a managing unit to decide on investment has led to a delay in the project.

Dung has directed the Government Office to quickly complete procedures for setting up the managing unit.

He instructed the Ministry of Planning and Investment to work with the Ministries of Finance and Transport and other relevant agencies report to the government on allocating funds for ODA projects invested by the VEC.

The Ministry of Finance has informed the Asian Development Bank that procedures are being carried out and asked it to extend the loan agreement for the expressway project to June 1 next year.

Ho Chi Minh City and Dong Nai province have been instructed to quickly acquire and hand over land to the construction unit in line with the schedule.

Work on the expressway began in July 2014 and was scheduled to be completed in 2018.

But it has been delayed, with only 76 percent completed as of last year.

The 58km expressway connects Long An province’s Ben Luc and Can Giuoc districts with Binh Chanh, Nha Be and Can Gio districts in HCM City and Nhon Trach and Long Thanh districts in Dong Nai province.

It will have four lanes and allow vehicles to travel at up to 100km per hour./. VNA



Much room for sustainable growth of industrial real estate

Vietnam looks to upgrade int'l merchant fleet

Vietnam’s maritime sector is striving to upgrade its international merchant fleet in order to reduce the country’s dependency on foreign-owned vessels in export-import activities.

Banking, real estate not ideal options for short-term investors

By the end of this year, oil and gas, transportation, insurance, retail, and hydropower sectors will see positive signals, while the banking and real...

Supply shortage pushes up prices of many drugs

The prices of anaesthetics have increased due to supply disruptions, said insiders at some hospitals and dental clinics.

Vietnamese paragliders to fly high at World Cup

They are among the 120 best pilots in the world, gathering in Gochang, a county in North Jeolla Province.

Three police officers dismissed from force after beating teenagers

They are Captain Chau Minh Trung, Lieutenant Nguyen Quang Thai and Lieutenant Doan Tan Phong.

Vietnam has “golden chance” to welcome new FDI wave

Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Foreign movies generate more revenue than locally produced films

After one week of release, the film ‘Suddenly Winning the Lottery’ earned VND 71 billion and remained firmly at No. 1 on the box office revenue chart. The film is one of the foreign films generating more revenue than locally produced films.

Ministry to keep coal-fired thermal power projects

To avoid legal risks, thermal power projects in the 8th national power development plan need to be retained, especially BOT (build, operate, transfer) projects, which involve foreign investors, the Ministry of Industry and Trade (MOIT) said.

EVFTA advantages threatened by tough competition

Although Vietnam is hoping for stunning growth in seafood exports, particularly in the likes of basa fish and shrimp, the nation’s share in the EU market and utilisation of its trade deal with the bloc remain under some pressures.

Vietnam wastes 160 tons of agricultural by-products a year

If 1 million by-products in the seafood industry were processed into valuable products, they would bring in US$4-5 billion. Vietnam produces 160 million tons of by-products a year.

Vietnam records high digital banking growth

Vietnam is one of the countries with the highest growth rates in digital banking though it is still a developing economy, according to international organizations.

Shopee empire is being shaken up

Aspiring to become a super app, Shopee is facing challenges, including in the Vietnamese market.

Corporate bond market reform adds safety net for investors

The fresh and stringent legislative framework for the corporate bond market is slated to pave the way for a better debt sector in Vietnam, while the interests of issuers and investors could be safeguarded.

Call of the past

The past artisans might have not imagined that the vases they made would become special cultural values, which are being hunted and those prices paid equal many years of hard work.