On-going projects

DIC Development Investment Construction Joint Stock Company announced the establishment of a branch of DIC Corp. called DIC Ho Tram Management Board.

The Prime Minister agreed in principle to the investment project of a high-quality ultra-thin glass factory with the capacity of 1,200 tons per day in Yen Khanh district, Ninh Binh province.

PM Nguyen Xuan Phuc has signed Decision 213/QD-TTg approving a plan to accelerate bilateral trade and investment ties between Vietnam and its strategic and key partners.

Vietnamese Government has guaranteed sufficient capital for Ho Chi Minh City’s No1 Metro project linking Ben Thanh Market and Suoi Tien Theme Park, according to Tran Vinh Tuyen, deputy chairman of the municipal People’s Committee.

The Ministry of Transport and the Australian Government on February 9 signed an agreement to launch Aus4Transport, a 24 million USD programme for the development of transport projects in Vietnam.

Prime Minister Nguyen Xuan Phuc has agreed in principle partial adjustments to the planning of the Phu Quoc Island of the Kien Giang Province’s till 2030 as proposed by the provincial People’s Committee.

The pioneering hotel brand completes the first step in bringing a vibrant approach to affordable luxury in Vietnam, with developer Indochina Kajima Development Limited (“ICC-Kajima”) concluding the purchase of two land plots.

The Chairman of the People`s Committee of Ho Chi Minh City has presented the Chairman of the National Assembly of Vietnam and the Prime Minister documents outlining the consequences if the obstacles of Metro Line No.1, 2 are not solved soon.

The total investment in the railway route is estimated at more than US$50 billion, said the Ministry of Transport (MoT) on January 18.

Tan Vien Luxury International Tourist Resort is facing the threat of having its project license withdrawn if PVR fails to submit the 1/500 detailed master plan for appraisal.

Vung Ro Petroleum on Jan, 11 signed an agreement with DenimoTech- a Danish global manufacture to construct a high-tech bituminous binders processing plant.

The State Atomic Energy Corporation (ROSATOM) of Russia is willing to cooperate with Vietnam in developing mobile mini hydroelectric plants using environmentally friendly technology.

Vietnam`s central highlands province of Lam Dong gives priority to attract investment in developing modern agriculture in combination with agricultural tourism.

Deputy Prime Minister Trinh Dinh Dung has approved adjustments to the master plan for Vietnam’s inland container depot development to 2020, with a vision to 2030.

Transport regulations will be reviewed to ensure a fair business environment for firms, Deputy Minister of Transport Le Dinh Tho said at a recent conference to review a two-year pilot project of applying technology in passenger transport, including car and motorbike hailing services, such as Uber and Grab.

Many foreign invested projects in high-tech industries have received investment licenses and approval for raising capital in Vietnam in the last months of 2017.

Deputy Minister of Industry and Trade Hoang Quoc Vuong said that European Trade Policy and Investment Support Project (EU-MUTRAP) has helped Vietnam further integrate into the global and regional trading systems while promoting Vietnam-EU trade and investment relations.

Numerous hi-technology projects have been granted investment licences and allowed to increase investment capital in the last months of the year.

It is expected that the urban railway of Cat Linh - Ha Dong will run technical tests on September 2, 2018, after it missed a scheduled test in October.

Deputy Minister of Transport Nguyen Ngoc Dong said that the plan for the trial run of the Cat Linh-Ha Dong urban railway project, Hanoi’s first metro line, must be rebuilt as the date for the test run in October has passed.