On-going projects

The Vietnamese government has paid much attention to investing and upgrading Noi Bai International Airport to meet the socio-economic development.

With more people than ever flying, cities around the world are building new airports and upgrading old terminals to create facilities capable of handling tens of millions of passengers.

The project is part of Ho Chi Minh City smart-tourism development strategy program.

The project aims to enhance the position of Ha Long city and Quang Ninh province in the international area.

At present, nine out of 10 projects have been under construction, and are scheduled to be completed in June 2019, VietnamFinance reported.

Airports Corporation of Vietnam (ACV) has submitted to the Ministry of Transport an investment plan to upgrade airports for the period 2018 - 2021 with the vision to 2025.

Together with Samsung and other foreign-invested enterprises, FHS has helped boost Vietnam’s manufacturing and economic growth since its operation last year.

The Hanoi`s long-delayed metro line has finished the power-up and first trial run.

The Ministry of Transport has instructed Airport Corporation of Vietnam (ACV) to review and adjust the plan for different airports to stay in line with a prime minister-approved plan.

Products churned out from ESMO`s new plant in Vietnam will meet rising demand from hybrid electric vehicle manufacturers.

Recent incentives and high potential of the local aviation industry has driven much appetite from local investors.

​A project to support environmentally sustainable and inclusive development in the provincial capital cities of Ha Giang, Vinh Yen and Hue was signed today.

The project would give a boost to the transport network and trade in Vietnam’s northern remote regions.

A newly-issued government resolution requires all Build-Operate-Transfer (BOT) toll stations across Vietnam to install a system for automatic fee collection by 2019 after several projects of this kind has caused public anger.

A representative of the Hanoi government has voiced that five build-transfer (BT) transport projects that have won investment certificates have been carefully selected and in line with law, in response to concerns that this format has been outdated and a lucrative land for misappropriation.

The total investment of the Da Nang University Village project is estimated as VND8.6 trillion (US$378 million).

Deputy PM Trinh Dinh Dung has ordered the Ministry of Transport and Communication to conduct the pre-feasibility study report of the North - South high-speed railway project in order to submit to the National assembly.

The Committee for State Capital Management will represent the owners of 20 groups and corporations with total capital and assets of more than VND1.5 quadrillion (US$65.78 billion).

The supervision group of the Hanoi People’s Council has asked the municipal Department of Natural Resources and Environment to work with the city’s authorities in order to reclaim long-delayed projects which violate the current Land Law.

The Ministry of Industry and Trade (MoIT) must finalize the national solar power development master plan and report it to the Prime Minister before July 15 this year.