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Chinese corporations expand investment in Vietnam

Chinese corporations expand investment in Vietnam

Power China, BYD, China Rare Earth Group, Haosen electronic battery company are among the Chinese enterprises planning to make new investments in Vietnam in the near future.

Solutions to Cai Lay toll station to be finalized by December 22

The Ministry of Transport (MoT) has requested agencies involved in Cai Lay toll station to quickly submit their detailed elevation on pros and cons of three proposed options for solutions to the toll stations by December 22.

The equitization plan of BSR, PVOil and PV Power approved

The equitization plan of three subsidiaries of Vietnam Oil and Gas Group (PetroVietnam), namely Binh Son Refining and Petrochemical Company Limited (BSR), PetroVietnam Oil Corporation (PVOil) and Electricity Corporation Vietnam Petroleum (PV Power), has been approved.

Hanoi's first urban railway project put eleven months behind schedule

The planned trial run of the Cat Linh-Ha Dong metro line, Hanoi's first urban railway project one more time does not meet its deadline and will be delayed until September 2018.

MoF rejects Uber’s complaints about tax arrears of nearly US$3 million

The Ministry of Finance (MoF) has rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect VND67 billion (nearly US$3 million) in tax arrears in a statement sent to the US-ASEAN Business Council.

Khanh Hoa approves plan to develop Bac Van Phong SEZ

The Bac Van Phong special administrative-economic zone (SEZ) will focus on four sectors for economic development, including shipping, commerce and finance, travel, health and education, and high-tech industry.

Vietjet and ACV are requested to submit plans on upgrading US$264 million Cat Bi airport

The total investment capital which is required for the expansion and upgrading of Cat Bi airport is estimated at VND6 trillion (equivalent to US$264.55 million).

The Danish company Vestas ASP to build wind farm in Quang Binh province

Based on infrastructure development progress, wind farm project will be developed by phases of six sub–projects with a minimum capacity of 30MW.

Major transport projects amounting to billion U.S. dollars to be audited in 2018

The State Audit Office of Vietnam (SAV) has said it will prioritize the audit of key projects involved in the transport sector and projects in the form of public-private partnership (PPP).

The only way to quell unrest over Cai Lay BOT project

According to economist Le Dang Doanh, it is necessary to relocate Cai Lay BOT (build-operate -transfer) toll station due to its unreasonable location.

The Prime Minister decides to suspend Cai Lay BOT toll station

Prime Minister Nguyen Xuan Phuc has decided to suspend Cai Lay toll station for one to two months so that the Ministry of Transport (MoT) and relevant authorities can clarify all issues to propose the proper and practical solutions.

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