Ho Chi Minh City is about to build a 2,000 billion VND theater; 581 billion VND to build a bridge over Ninh Co river
Ho Chi Minh City is about to build a nearly 2 trillion VND symphony, music, and dance theater in Thu Thiem; and is investing 581 billion VND in constructing the Ninh Cuong bridge over the Ninh Co river on National Highway 37B…
Those are two of the most noteworthy investment news stories from the past week.
The project connecting National Highway 91 and the Long Xuyen bypass, with an investment of over 2,000 billion VND, has been inaugurated.
On the morning of June 16, 2024, at the Long Xuyen city bypass, An Giang province, the Ministry of Transport , in coordination with the People's Committee of An Giang province and Can Tho city, held the inauguration ceremony for the project to build a connecting route between National Highway 91 and the Long Xuyen city bypass.
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| Representatives perform the inauguration ceremony for the Project. |
Speaking on behalf of the local government and people, Vice Chairman of the An Giang Provincial People's Committee Le Van Phuoc said that the project to build the connecting route between National Highway 91 and the Long Xuyen city bypass, after more than two years of construction, has been completed and is ready for operation. This fulfills the aspirations of the people, contributing to reducing traffic congestion and accidents on National Highway 91 and the center of Long Xuyen City, while also shortening travel time from Chau Doc City to Vam Cong Bridge to about one hour, compared to the current two hours.
The investment project to construct the connecting route between National Highway 91 and the Long Xuyen City bypass is part of the overall Mekong Delta Connectivity Project, passing through Vinh Thanh District, Thot Not District (Can Tho City) and Long Xuyen City (An Giang Province). This project was approved in principle by the Prime Minister in Decision No. 612/QD-TTg dated May 5, 2017. On November 22, 2018, the project was approved for investment by the Ministry of Transport in Decision No. 2527/QD-BGTVT, and the Ministry of Transport held the groundbreaking ceremony on January 18, 2022.
The project includes a newly constructed section of 15.3 km and an upgraded section of National Highway 80 approximately 2 km long. The project starts at Km7+877.13, connecting to the access road to the Vam Cong Bridge from National Highway 80 to the Lo Te intersection. It then crosses National Highway 80 to bypass Long Xuyen city, crosses Provincial Road 943 and the Long Xuyen River via the Long Xuyen Bridge, and ends at Km23+561.22, intersecting with National Highway 91 at Km65+000, within the territory of Long Xuyen city, An Giang province.
The investment scale conforms to the standards of a Class III road in flat terrain, with a roadbed width of 12 m and a road surface width of 11 m, including 2 lanes for motorized vehicles, 2 lanes for mixed traffic, and shoulders, with a design speed of 80 km/h; however, the section upgrading the existing National Highway 80 will be invested according to the standards of a Class IV road in flat terrain, with a speed of 60 km/h (according to TCVN 4054:2005). The total investment is over 2,100 billion VND, funded by ODA loans from the Asian Development Bank (ADB) and counterpart funds from the Vietnamese Government.
According to the Ministry of Transport, during the project implementation, despite encountering some difficulties such as: a shortage of embankment materials (approximately 1.6 million m3 of sand); a shortage of coarse-grained sand for the drainage layer in weak soil treatment, requiring adjustments to the weak soil treatment solution; and changes to the bridge design to add a pedestrian underpass at the request of the local authorities… the project was successfully completed thanks to the decisive, thorough, and timely guidance of the Ministry of Transport.
The project to build the connecting route between National Highway 91 and the Long Xuyen city bypass has been completed and put into operation, aiming to gradually reduce traffic congestion and accidents, ensuring smooth and continuous road traffic on National Highway 91 through Long Xuyen city, and completely connecting the transportation network of the Mekong Delta region. The project is also a very important piece in completing the existing transportation network, creating a foundation and driving force to promote socio-economic development and strengthen national defense and security in An Giang province and Can Tho city in particular, and the Southwest region in general; while also meeting the aspirations of the people and shortening travel time from Chau Doc city to Vam Cong bridge.
Delivering the inauguration order at the ceremony, Deputy Minister of Transport Nguyen Duy Lam commended the agencies under the Ministry, the My Thuan Project Management Board, the Consulting Consortium and the construction contractors, especially the workers, engineers, and management staff who worked day and night on the construction site, overcoming all difficulties and striving to bring the Project to completion.
To ensure the project is put into safe operation and maximizes investment efficiency, the Deputy Minister requested the My Thuan Project Management Board, along with relevant entities, to continue coordinating closely with the Vietnam Road Administration, the Construction Investment Management Department, and local authorities at all levels to focus on completing the remaining auxiliary items, organizing effective management, maintenance, and regular repairs, paying particular attention to traffic flow guidance, ensuring traffic safety, and environmental sanitation during operation… Contributing to the completion of the existing transportation network, creating a foundation and driving force to promote socio-economic development and strengthen national defense and security of An Giang province and Can Tho city in particular, and the Southwest region in general.
Proposal to include the Quang Tri Industrial Park project in the Southeast Economic Zone.
According to Mr. Tan Yit Liang, General Director of Quang Tri Development Joint Venture Company Limited, in document No. 2418/UBND-KT dated May 24, 2023, the People's Committee of Quang Tri province announced the conclusions of the Standing Committee of the Provincial Party Committee at the working session with the People's Committee and the investor on the implementation and preparation for the commencement of the Quang Tri Industrial Park Project. Accordingly, regarding the inclusion of the Quang Tri Industrial Park into the Southeast Quang Tri Economic Zone, the People's Committee of Quang Tri province stated: "After the provincial planning is approved, the People's Committee of the province will direct the Economic Zone Management Board to preside over and coordinate with relevant departments, agencies, and the investor to carry out the procedures according to regulations to submit to the competent authority for consideration."
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| The Quang Tri Industrial Park project is currently in its first phase of construction. |
On February 29, 2023, the Quang Tri Provincial Planning for the period 2021-2030, with a vision to 2050, was officially approved by the Prime Minister in Decision No. 1737/QD-TTg. This decision recognizes the "Quang Tri Industrial Park – located in Hai Lang District (Southeast Economic Zone)". Appendix XXI of Decision No. 1737/QD-TTg also simultaneously identifies the Quang Tri Industrial Park project as one of the priority projects to be implemented during the period 2021-2030, with a vision to 2050.
According to the leaders of Quang Tri Development Joint Venture Company Limited, nearly six months have passed since the Prime Minister approved the Quang Tri provincial planning. Therefore, the company requests the Quang Tri Provincial People's Committee and the Quang Tri Economic Zone Management Board to expedite the next steps to integrate the Quang Tri Industrial Park into the Southeast Quang Tri Economic Zone.
"We believe that integrating the Quang Tri Industrial Park into the Southeast Quang Tri Economic Zone will enhance the project's competitiveness to attract potential investors and at the same time contribute positively to the overall development of the Southeast Quang Tri Economic Zone," Mr. Tan Yit Liang emphasized.
It is known that the Quang Tri Industrial Park project received investment approval from the Prime Minister on March 23, 2021. The project is invested by Quang Tri Development Joint Venture Company Limited – QTIP (a joint venture of VSIP-Amata-Sumitomo investors).
The project covers an area of 481.2 hectares and has a total investment of VND 2,074 billion. Phase 1 covers 97.4 hectares with a total investment of approximately VND 504 billion and is scheduled for completion between 2021 and 2025. Construction commenced on December 15, 2023.
This is an industrial park infrastructure development project that Quang Tri province has high hopes for, believing it will attract more large secondary investors.
Right at the groundbreaking ceremony on December 15, 2023, five businesses signed Memorandums of Understanding (MOU) to lease land in the Quang Tri Industrial Park. Among them, Winzen Holding Company from Hong Kong (China) and Join Success Wealth Company from Singapore plan to manufacture garments in the industrial park, along with three Vietnamese businesses involved in furniture production and motorcycle distribution.
According to Quang Tri Development Joint Venture Company Limited, the contractor is currently carrying out site leveling work for the wastewater treatment plant and surrounding areas to prepare for the arrival of secondary investors at the end of the year; simultaneously, they are organizing the selection of a contractor for the wastewater treatment plant. It is expected that construction of the wastewater treatment plant will begin in August 2024.
Ho Chi Minh City is preparing to invest in a 10.6-hectare chemical center in Binh Chanh.
The Ho Chi Minh City Export Processing Zones and Industrial Parks Management Board (Hepza) has recently sent document No. 1587/BQL-ĐT to the Ho Chi Minh City Department of Industry and Trade regarding the acceleration of the implementation of the Central Warehouse for the trading of fragrances and chemicals in Le Minh Xuan 3 Industrial Park, Binh Chanh District.
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| The establishment of a center for trading fragrances and chemicals will help to better manage the buying and selling of chemicals. The photo shows Kim Bien Market in District 5, a chemical trading hub in the heart of Ho Chi Minh City. |
According to Hepza's document, through meetings in September 2022 and the most recent meeting on June 5, 2024, between the Department of Industry and Trade, Hepza, and Saigon VRG Investment Joint Stock Company (Saigon VRG Company), it was agreed in principle to allocate a portion of land in Le Minh Xuan 3 Industrial Park for the investment in a fragrance and chemical business center for the city.
However, the implementation has not progressed as agreed because, according to a report from Saigon VRG Company, the company does not yet have official statistics on the number of businesses, industries, scale, area, etc.
This affects the project planning process and the construction of warehouses and factories to meet the needs as outlined in the Department of Industry and Trade's plan.
To avoid impacting the project's progress, as it is a very urgent matter, Hepza requests the Department of Industry and Trade to assist Saigon VRG Company in compiling statistics on the number of businesses to be relocated, types of chemicals, scale, area, etc., in order to develop a plan and proceed with the investment and construction of the factory.
It is estimated that the time required to complete the procedures and construction work to get the industrial park operational will be approximately 18 months (assuming no adjustments are needed to the 1/2000 scale planning of Le Minh Xuan 3 Industrial Park).
In the event that the project's progress does not meet the agreed schedule, Hepza will allocate this 10.6-hectare area to attract investment projects in other priority sectors.
Previously, in 2016, the Ho Chi Minh City People's Committee approved the plan to establish a center for trading fragrances and chemicals on an 11.2-hectare plot of land in Ward 7, District 8. However, the implementation has faced numerous difficulties and is no longer feasible.
Therefore, the Department of Industry and Trade, Hepza, and Saigon VRG Investment Joint Stock Company have unanimously proposed to the Ho Chi Minh City People's Committee to approve the selection of Lot G (G1-G5) in Area A, Le Minh Xuan 3 Industrial Park, with an area of 10.6 hectares, for investment in a fragrance and chemical trading center.
Investing in a centralized center for trading fragrances and chemicals aims to address the issue of trading and storing hazardous chemicals that pose safety risks in residential areas; and to control food safety and hygiene, as well as fire and explosion prevention.
Quang Nam province has requested additional funding of over 1.8 trillion VND for land clearance for the project.
The People's Committee of Quang Nam province has recently sent a letter to the Ministry of Transport proposing additional funding for compensation, land clearance, and resettlement for the National Highway 14E Improvement and Upgrade Project.
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| Quang Nam province has requested additional funding for compensation, land clearance, and resettlement for the National Highway 14E Improvement and Upgrade Project. |
According to the Quang Nam Provincial People's Committee, at the location of the railway overpass for the National Highway 14E renovation and upgrade project in Thang Binh district, there are currently 59 households affected by the railway overpass, totaling 63 plots of land. Of these, 51 plots have been issued documents confirming eligibility for land compensation, 5 plots are subject to disputes, and 7 plots in Binh Quy commune are in the process of completing their dossiers to submit for compensation eligibility documents.
According to a survey conducted in Quang Nam province regarding cases directly and permanently affected by the situation, and the estimated total compensation, support, and resettlement costs, 38 out of 59 households expressed a desire to relocate and resettle, 6 out of 59 households wanted to stay, and 15 out of 59 households were undecided about whether to move or stay.
The People's Committee of Quang Nam province estimates the compensation, support, and resettlement costs for the case where all 59 households (63 plots) are relocated to be 111.15 billion VND, with 126 resettlement plots; for the case where 38 households are relocated, the total compensation and support costs are 55.57 billion VND, with 76 resettlement plots; and for the 15 households who are still undecided about whether to stay or leave, the compensation and support costs are 35.7 billion VND, with 38 resettlement plots.
Therefore, the People's Committee of Quang Nam province requests the Ministry of Transport to consider and agree on the principle of supplementing compensation, support, and resettlement funds for the land acquisition outside the land clearance boundary in the area of the North-South railway overpass of the National Highway 14E Improvement and Upgrade Project according to the above-mentioned options, so that the People's Committee of Thang Binh district has a basis to inform the households and implement related procedures in accordance with regulations.
It is known that the project to renovate and upgrade National Highway 14E (section km15+270 – km89+700) through Thang Binh, Hiep Duc, and Phuoc Son districts of Quang Nam province commenced on March 7, 2023. The Ministry of Transport assigned the Vietnam Road Administration as the investor; Project Management Board 4 is the unit assigned to manage the project. The project is funded by the State budget in the medium-term public investment plan for the period 2021 – 2025 with a total investment of VND 1,848.239 billion; implementation schedule is from 2021 – 2025.
The project was divided into 3 bidding packages: The consortium of Tan Hoang Long Construction and Trading Investment Joint Stock Company – Thuan An Construction and Trading Development Joint Stock Company (later renamed Thuan An Group Joint Stock Company) – Tay An Construction and Investment Joint Stock Company won bidding package XD02 for the construction of the section from km40+00 to km71+500. The winning bid for bidding package XD02 was over 507 billion VND.
According to Project Management Board 4 (the project management unit under the Vietnam Road Administration), Thang Binh district handed over 11.88 km/121 sections, of which 2.17 km/69 sections have not been constructed due to their small lengths and obstruction from households.
There are currently 178 cases that have not yet been assessed for eligibility for compensation. Specifically, within the railway overpass area (in Binh Quy commune, Thang Binh district), there are 63 plots of land belonging to 63 households.
Recently, the Deputy Secretary of the Quang Nam Provincial Party Committee, Le Van Dung, also inspected the project site and directed the acceleration of land clearance for project construction.
Mr. Dung emphasized that this is a key project, requiring top priority and decisive action to resolve obstacles in its implementation. The project is currently 70% complete, but a significant amount of work remains to be done.
“Local leaders and units must provide decisive direction in land clearance work to resolve obstacles. If necessary, at the last minute, construction must be protected, and enforcement measures must be taken against those who are delaying. Regarding the provincial departments, I request that they exercise utmost responsibility when discussing the National Highway 14E project, avoiding a situation where they pass the buck,” Mr. Dung emphasized.
At the same time, the investor needs to coordinate closely with local authorities, departments, and agencies to find solutions to any arising problems, while accelerating the construction progress and paying attention to ensuring traffic safety and the well-being of residents in the project area.
Quang Tri province approves investment plan for energy pellet project worth 186 billion VND.
On June 18th, the People's Committee of Quang Tri province issued Decision No. 1435/QD-UBND approving the investment policy and simultaneously approving the investor for the Hai Lang Energy Pellet Production Plant project for Hai Lang Green Energy Joint Stock Company.
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| The project's product is energy pellets made from wood chips – Illustration (Source: Internet) |
Accordingly, the project will be implemented in the Hai Chanh Industrial Cluster, Hai Chanh commune, Hai Lang district, Quang Tri province. The project will occupy 3 hectares of land and have a designed capacity of 90,000 tons of product per year. The product and service provided will be energy pellets.
The project has a total investment of 186 billion VND. Of this, the investor's capital is 37.2 billion VND and the mobilized capital is 148.8 billion VND.
The project is expected to begin construction of technical infrastructure and factory buildings from the fourth quarter of 2024, and be completed and operational in the third quarter of 2025.
According to the Quang Tri Provincial People's Committee, the project, located in the Hai Chanh Industrial Cluster, Hai Lang District, Quang Tri Province, falls under the category of specially prioritized industries and therefore enjoys several incentives such as exemption or reduction of land rent, land use fees, and land use tax. It also receives preferential treatment regarding corporate income tax and import tax.
The Quang Tri Provincial People's Committee requires the investor to implement the project on schedule and in accordance with the committed contents. They are also required to coordinate with the Hai Lang District People's Committee to incorporate the project into the annual land use plan as per regulations.
The Quang Tri Provincial People's Committee also assigned the Department of Planning and Investment to monitor and urge the investor to implement the project according to the approved schedule and contents; to take the lead in coordinating with relevant agencies and advising the Provincial People's Committee to promptly resolve difficulties and obstacles for the investor during the project implementation process.
Reportedly, Hai Lang Green Energy Joint Stock Company was granted its initial business registration certificate by the Quang Tri Department of Planning and Investment on March 7, 2023. The company is headquartered in Hai Chanh Industrial Cluster, Hai Chanh Commune, Hai Lang District, Quang Tri Province, and its legal representative is Mr. Phan Tien Dung (born in 1970), residing in Nam Ly Ward, Dong Hoi City, Quang Binh Province.
Hai Lang Green Energy Joint Stock Company has a charter capital of 40 billion VND, of which Mr. Lam Van Dung contributed 22 billion VND; Mr. Phan Tien Dung contributed 10 billion VND and Mr. Nguyen Minh Thai contributed 8 billion VND.
Ho Chi Minh City is about to build a nearly 2 trillion VND symphony, music, and dance theater in Thu Thiem.
The Office of the People's Committee of Ho Chi Minh City has just sent a document to relevant departments and agencies conveying the directives of the Chairman of the People's Committee of Ho Chi Minh City regarding the design plan for the symphony, music and dance theater project in the Thu Thiem New Urban Area.
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| Initial rendering of the Symphony, Music and Dance Theatre Project in the Thu Thiem New Urban Area. |
The Chairman of the People's Committee of the City assigned the Department of Culture and Sports to take the lead and coordinate with the Management Board of Investment Projects for the Construction of Civil and Industrial Works to continue researching and thoroughly analyzing the architectural design, functional use, consistency, and suitability with the landscape, aesthetics, and urban architectural space.
The leaders of the Ho Chi Minh City People's Committee noted the need to study some outstanding features of design option S99 (cultural services, cultural products, cuisine, etc.) to supplement and refine design option D12, ensuring that the architectural design of the theater is modern, multi-functional, and capable of serving various art forms such as opera, symphony, ballet, Cai Luong (Vietnamese traditional opera), and conferences.
Stage design for performances must meet the requirements of the world's most modern stages, showcasing unique artistic values and contributing to the cultural heritage of Ho Chi Minh City.
The preparation process requires studying and incorporating the artistic designs of famous theaters from other countries, in order to ensure that the design meets the criteria for a modern and sustainable theater architectural concept.
The Ho Chi Minh City People's Committee also requested relevant departments and agencies to study and encourage private investment in several items to build a theater commensurate with the stature of Ho Chi Minh City.
Previously, on June 10, 2024, the Management Board of Investment and Construction Projects for Civil and Industrial Works (hereinafter referred to as the Management Board) sent document No. 1228/DDCN-BĐH2 to the People's Committee of Ho Chi Minh City, proposing that the Management Board coordinate with Gmp International GmbH (the author of plan code D102 - with a total investment of VND 1,988 billion) to prepare and submit to the People's Committee of the City for approval the cost estimate for design consulting services for the project as a basis for organizing the selection of contractors.
At the same time, approval was granted for the Management Board to submit the design drawings and cost estimates for the tunnel foundation for appraisal and approval, ensuring the project's commencement on schedule to celebrate the 50th anniversary of the complete liberation of Southern Vietnam and national reunification on April 30, 1975 – April 30, 2025.
Replacing the investor for the construction and operation of infrastructure in Industrial Zone No. 3 – Nghi Son Economic Zone.
Deputy Prime Minister Le Minh Khai has just signed Decision No. 525/QD-TTg adjusting the investment policy for the project to build and exploit infrastructure of Industrial Park No. 3 – Nghi Son Economic Zone, Thanh Hoa province.
According to the Decision, the investor of the project to build and operate the infrastructure of Industrial Park No. 3 – Nghi Son Economic Zone, Thanh Hoa province, formerly Central Vietnam Construction Group Joint Stock Company, has now been adjusted to: Nghi Son Industrial Park No. 3 Infrastructure Investment and Operation Company Limited.
The Ministry of Planning and Investment is responsible for appraising and adjusting investment policies for projects and for carrying out state management of industrial parks in accordance with the Investment Law and relevant laws.
Relevant ministries and agencies are responsible for the content of the appraisal of adjustments to investment policies for projects within their functions and duties, as stipulated in the Investment Law and related laws.
The People's Committee of Thanh Hoa province ensures the accuracy of information, data, and reports, as well as the contents of assessments in accordance with the law; ensures that the project meets the conditions for continued implementation in accordance with the law; and organizes the project implementation in accordance with the planning approved by the competent authority.
Ensure that land acquisition conditions are met and that land-use conversion is permitted in accordance with land law regulations during the implementation of land-related procedures for the project. Allocate sufficient quotas for converting land specifically used for rice cultivation in Nghi Son town to ensure the completion of land clearance for the entire project in Q4/2024.
The organization shall implement land acquisition, compensation, site clearance, land leasing, and land-use conversion for the project in accordance with the law, consistent with the scale, location, and progress of the project as approved by competent authorities. It shall ensure there are no disputes or claims regarding the right to use the project site.
Focus on supporting and resolving obstacles and difficulties related to projects within its jurisdiction; organize and implement compensation and land clearance work, ensuring compliance with regulations and committed timelines; hand over the land to the investor for project construction on schedule as agreed upon by all parties; resolve issues related to land ownership and land disputes; coordinate with the investor to resolve issues arising that affect agricultural production and the lives of people affected by the project.
Nghi Son Industrial Park Infrastructure Development and Investment Company Limited (the investor) guarantees the completion of the project's technical infrastructure construction within the project implementation schedule in Q4/2025. The company guarantees sufficient equity capital as committed to implement the project and complies with land law regulations.
Adjust the project's area size as required by the competent state authority in cases where it is not possible to convert the land use purpose of national defense land within the project area.
The investor commits to not filing complaints or lawsuits, to complying with legal regulations, and to bearing all costs and risks in the event that the project is suspended/partially suspended or terminated/partially terminated by the state investment management agency/investment registration agency due to the investor's failure to comply with the contents of the investment policy approval document.
Resubmitting the investment plan for the Ha Nam – Nam Dinh expressway project worth 7,850 billion VND.
The People's Committee of Nam Dinh province has just submitted Document No. 68/TTr – UBND to the Prime Minister proposing an investment plan for the construction project of the Ha Nam – Nam Dinh expressway (CT.11).
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| A section of National Highway 21 passing through Nam Dinh. |
This is the second proposal in the last three months from the People's Committee of Nam Dinh province regarding the investment in the Ha Nam - Nam Dinh expressway, after incorporating and finalizing feedback from relevant ministries and agencies.
In Submission No. 68, Mr. Pham Dinh Nghi – Chairman of the People's Committee of Nam Dinh province – requested the head of the Government to allow the People's Committee of Nam Dinh province to prepare a pre-feasibility study report for the construction project of the Ha Nam – Nam Dinh expressway (CT.11), phase 1, from Phu Ly city, Ha Nam province to Nam Dinh city, Nam Dinh province. (The funding for preparing the pre-feasibility study report will be provided by the People's Committee of Nam Dinh province).
The project, with a proposed route length of approximately 25.1 km, is designed as a complete 4-lane highway with emergency stopping lanes on both sides and parallel roads on both sides.
The proposed investment plan is a combination of public investment, including government investment funds prioritized for national key projects, provincial budget funds, and other legitimate sources of capital.
The land clearance work for the Ha Nam – Nam Dinh expressway construction project is being carried out by the People's Committees of Nam Dinh and Ha Nam provinces, who have committed to allocating their own budgets.
For the BOT section (from My Loc toll station in Nam Dinh province to National Highway 10, Nam Dinh city, approximately 3.9 km long), with toll collection expiring in 2028, after receiving approval from the competent authority to prepare a pre-feasibility study report, the People's Committee of Nam Dinh province will develop a plan to negotiate the termination of the contract in 2025 (the expected start date of the project) using provincial budget funds to invest in the entire route according to the highway scale, ensuring the rights and obligations of all relevant parties.
Also in Report No. 68, the People's Committee of Nam Dinh province requested the Prime Minister to assign this locality as the managing agency to implement the project to complete the construction of the Ha Nam - Nam Dinh expressway.
"The People's Committee of Nam Dinh province is committed to implementing the project procedures in accordance with the law, ensuring the progress and timeframe of the project once it is approved by the Prime Minister and relevant ministries and agencies," Mr. Pham Dinh Nghi emphasized.
According to the proposal of the People's Committee of Nam Dinh province, the Ha Nam - Nam Dinh expressway construction project will be implemented based on utilizing, expanding, renovating, and upgrading the entire existing road surface of National Highway 21B from Phu Ly City - Ha Nam province to Nam Dinh City - Nam Dinh province, according to the standards of a complete 4-lane expressway, with emergency stopping lanes on both sides according to TCVN 5729-2012, a design speed of 100 km/h, parallel roads, and service roads on both sides according to the standards of a Class IV road in the plains, and constructing overpasses and elevated roads at important intersections.
The total investment for the project is approximately VND 7,850 billion, including approximately VND 1,463 billion for the construction of the expressway (24 km); approximately VND 2,054 billion for the construction of bridges; approximately VND 1,219 billion for the construction of parallel roads along both sides of the route (48 km); approximately VND 326 billion for the construction of the lighting system, ITS system and some auxiliary items; preliminary land acquisition costs of approximately VND 1,000 billion; consulting fees, project management fees, and other costs: approximately VND 506 billion; and contingency costs of approximately VND 1,282 billion.
If approved by the competent authorities, the Ha Nam – Nam Dinh expressway construction project will be implemented from 2025 to 2028.
The T3 terminal at Tan Son Nhat Airport has completed its structural work and is scheduled to open on April 30, 2025.
On June 19th, the Airports Corporation of Vietnam (ACV) provided an update on the construction progress of Terminal 3 at Tan Son Nhat International Airport.
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| Contractors are installing the steel frame structure for the roof of Terminal 3, Tan Son Nhat Airport - Photo: Le Minh |
According to Mr. Le Khac Hong, Head of the T3 Terminal Construction Project Management Board, the overall progress of the project has reached approximately 60%. In particular, the rough construction of the passenger terminal has been completed 15 days ahead of schedule.
For the parking garage (2 basement levels, 4 above-ground levels), progress has reached 96%, with completion expected by June 30, 2024. Several other items, such as the electrical and mechanical building and the wastewater treatment plant, have also been completed.
Currently, the contractor is erecting the steel frame structure, glass walls, and roofing of the station. This is the critical phase of the project, being carried out in stages; as the steel structure is erected, the roofing and glass wall installation will be done simultaneously to ensure the completion and installation of interior equipment.
In the fourth quarter of 2024, the main equipment in the station will be installed to complete its operation in time for the 50th anniversary of the complete liberation of Southern Vietnam and national reunification on April 30, 1975 – April 30, 2025.
Although the project's progress is on schedule, Mr. Le Khac Hong stated that the biggest difficulty currently is the limited construction site space and lack of access roads. "Many times, the contractor has to utilize land within the station itself to create access roads for transporting materials. Because one section must be completed before another can be started, the project cannot be carried out simultaneously," Mr. Hong explained the difficulties.
The T3 passenger terminal construction project at Tan Son Nhat International Airport comprises four main components: the passenger terminal; a multi-story parking garage combined with non-aviation services; an elevated bridge system in front of the terminal; and an aircraft parking apron, with a total investment of 10,990 billion VND.
The project is built with equity capital of Vietnam Airports Corporation (ACV) and commercial loans.
Upon completion, Terminal T3 will accommodate 7,000 passengers per hour during peak times, relieving pressure on Terminal T1 and alleviating congestion at Tan Son Nhat Airport.
Quang Tri province is considering proposals for 6 projects from the Newtechco consortium.
On the afternoon of June 19th, the Chairman of the Quang Tri Provincial People's Committee, Vo Van Hung, held a working session with the consortium of Newtechco Group JSC, Makara Capital Partners Pte., Ltd, and Sakae Corporate Advisory Pte. Ltd (the investor consortium) regarding their proposal to study investment projects in Quang Tri province.
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| Chairman of the Quang Tri Provincial People's Committee Vo Van Hung holds discussions with the consortium of investors. Photo: Le Truong |
At the meeting, Ms. Vo Thi Tuan Anh, Chairwoman of Newtechco Group JSC, representing the consortium of investors, reported on the proposal to study the investment in 6 projects in Quang Tri, including:
The 5-star hotel and residential project in the Palm Oil Park, Dong Ha City, covers an area of 3.49 hectares with a total investment of over 1,630 billion VND. The project includes a 15-16 story hotel complex with 250 rooms accommodating 500-700 guests per day and a 4-5 story commercial residential area.
The Trung Chi Lake mixed-use housing project in Ward 5, Dong Ha City, has a total construction capital of over 1,463 billion VND and includes 198 houses.
The Tan Do Lake Tourist Resort Service Area project in Khe Sanh town, Huong Hoa district, has a total investment of over 98.7 billion VND and an estimated area of 8.16 hectares.
The Gio Linh Beach Resort, Entertainment and Urban Complex Project – Phase 1 covers approximately 204 hectares. The urban tourism and service complex and golf course in Trung Giang commune, Gio Linh district, covers approximately 145 hectares. The Khe Sanh Coffee Processing Plant Project is located in Huong Hoa district.
During the meeting, representatives from various departments, agencies, and the consortium of investors discussed obstacles in investment procedures, preliminary survey results, and assessments of the suitability between the planning and the scale and total investment of the proposed projects.
Accordingly, the investor's proposed two projects—a 5-star hotel, housing in the Palm Park, and a mixed-use residential area around Trung Chi Lake—are currently inconsistent with the land use plan until 2030 of Dong Ha City and also inconsistent with the Dong Luong Ward zoning plan approved in 2014 and the Ward 5 zoning plan approved in 2013.
Regarding the Gio Linh Beach Resort, Entertainment and Urban Complex – Phase 1 and the Trung Giang Commune Urban Service and Golf Course Complex, a comparison with the maps provided by the investor reveals that both projects overlap with the mineral exploration and exploitation plan already approved by the competent authorities.
Speaking at the meeting, Chairman of the Quang Tri Provincial People's Committee Vo Van Hung expressed his hope that the Newtechco consortium of investors would actively coordinate with the provincial departments and agencies to resolve obstacles and promptly submit specific proposals for each project so that the province has a basis to consider granting investment approval.
The Chairman of the People's Committee of Quang Tri province assigned the Department of Planning and Investment to take the lead and coordinate with relevant departments and agencies to connect with and continue providing information and guidance to investors to survey and research, and to expedite the completion of the procedural documents for the proposed projects, so that the next steps can be taken.
Chairman Vo Van Hung also expressed his hope that investors would focus their resources on promptly realizing the projects that have been studied in accordance with commitments, promoting socio-economic development in the locality and contributing to building a more sustainable and prosperous Quang Tri.
An investment of 581 billion VND will be made to build the Ninh Cuong bridge over the Ninh Co river on National Highway 37B.
The Minister of Transport has just signed Decision No. 747/QD-BGTVT approving the investment project for the construction of Ninh Cuong Bridge over Ninh Co River on National Highway 37B.
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| Ninh Cuong floating bridge. |
The project has a route length of approximately 1.65km, connecting Nghia Hung district and Truc Ninh district in Nam Dinh province. The starting point is at Km0+00 (approximately Km73+200 according to the National Highway 37B route), located in Ninh Cuong town, Truc Ninh district, Nam Dinh province; the end point is at Km1+650 (approximately Km74+500 according to the National Highway 37B route), located in Lieu De town, Nghia Hung district, Nam Dinh province.
Specifically, starting from approximately Km73+200 on National Highway 37B, the route turns left, then goes straight across the Ninh Co River via the Ninh Cuong Bridge, located about 80m downstream from the existing pontoon bridge, and then continues straight to the end point at approximately Km74+500.
According to Decision No. 747, the Ninh Cuong bridge over the Ninh Co river is 892m long, designed with a load capacity of HL93 according to TCVN 11823:2017, with 2 lanes for motor vehicles and a bridge width of 12m; the approach roads at both ends of the bridge are designed as Class III roads in flat areas with a speed limit of 80km/h, 2 lanes, and a roadbed width of 12m; the service roads and replacement roads are constructed according to the scale of rural roads according to TCVN 10380:2014 and are consistent with the scale of existing roads.
The total investment for the Project is VND 581.189 billion, equivalent to approximately USD 24.131 million, with ODA loan capital from the Government of South Korea (through the Economic Development Cooperation Fund – EDCF) worth VND 465.722 billion, equivalent to approximately USD 19.337 million, used to pay for construction and equipment costs; technical design and construction supervision consulting costs (excluding VAT), contingency for ODA capital and counterpart funds (central and local budgets) of approximately VND 115.467 billion; the project implementation schedule is from 2024 to 2027.
The Ministry of Transport assigned the Thang Long Project Management Board to manage the project in accordance with regulations and proactively research and determine the content and level of detail of the Building Information Modeling (BIM) application in construction activities as prescribed.
The investment in constructing the Ninh Cuong bridge over the Ninh Co River on National Highway 37B, replacing the Ninh Cuong pontoon bridge, will facilitate convenient connectivity on National Highway 37B between Nghia Hung and Truc Ninh districts, overcoming the disruption of waterway traffic on the Ninh Co River; thereby promoting socio-economic development and ensuring national defense and security in Nam Dinh province in particular and the Red River Delta region in general.
The Prime Minister is pushing for progress in studying the issuance of 100 trillion VND in bonds for the transportation sector.
The Government Office has just sent a document to Deputy Prime Minister Le Minh Khai; and the Ministers of Finance, Transport, and Planning and Investment to convey the directives of Prime Minister Pham Minh Chinh regarding the issuance of government bonds for investment in key national projects.
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| Construction of the North-South Expressway, Quang Ngai - Hoai Nhon section. |
Accordingly, the Prime Minister instructed the Ministry of Finance to urgently take the lead and coordinate with the Ministry of Transport, the Ministry of Planning and Investment, and other relevant ministries and agencies, according to their assigned functions and tasks, to focus on reviewing and finalizing the report on the implementation of the above-mentioned tasks, and to submit it to the Prime Minister before June 25, 2024.
The Prime Minister assigned Deputy Prime Minister Le Minh Khai to directly oversee this matter, focusing on key areas and addressing issues effectively, especially projects that have completed procedures and require funding in the transportation sector and new growth drivers, and definitely avoiding a scattered approach.
It is known that in Notice No. 250/TB-VPCP dated May 31, 2024, the Prime Minister assigned the Ministry of Finance and the Ministry of Transport to closely coordinate and urgently study and propose the issuance of an additional VND 100,000 billion in government bonds for investment in key national projects, in accordance with the conclusions of the Standing Committee of the Government in Notice No. 231/TB-VPCP dated May 18, 2024.
Accordingly, in Notice No. 231, the Prime Minister affirmed the continued acceleration of public investment disbursement, using public investment as a driving force to activate and attract all social resources. Government bonds will be issued to mobilize capital for development investment, focusing on strategic infrastructure investment, digital transformation, green transformation, and social housing; initially, research will be conducted on issuing an additional approximately 100,000 billion VND in government bonds for investment in key national projects.
At the 12th meeting of the State Steering Committee for National Key Projects in the Transport Sector, Prime Minister Pham Minh Chinh instructed the Ministry of Transport and the project investors to "only discuss implementation, not postponement"; determined to complete the target of 3,000 km of expressways before December 31, 2025.
In official document No. 4243/BKHĐT – PTHTĐT sent to the Prime Minister regarding the investment and upgrading plan for phased expressways to achieve full scale.
The Ministry of Planning and Investment has proposed that the Prime Minister authorize the issuance of a government bond package worth approximately 165,000 billion VND to invest in transportation infrastructure projects. Specifically, the Ministry of Transport should prioritize investment in expanding existing expressways, including limited and full 4-lane highways on the North-South Expressway, according to the planned scale, ensuring they meet future passenger and freight transport needs with a long-term vision of over 20 years.
The Can Gio Bridge project, worth over 11,000 billion VND, is attracting domestic investors.
The Department of Planning and Investment of Ho Chi Minh City has just issued Document No. 7494/SKHĐT-PPP in response to Phuong Dong Construction and Trading Joint Stock Company regarding its proposal to be the investor of the Can Gio Bridge Project.
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| Perspective view of the Can Gio bridge connecting Nha Be district with Can Gio district. |
According to the Department of Planning and Investment, Article 26 of the 2020 Law on Public-Private Partnership Investment stipulates that one of the conditions for a PPP project proposed by an investor is: "It must not overlap with a PPP project that is currently undergoing a pre-feasibility study by a competent authority or has already had another investor approved to conduct a pre-feasibility study."
For the Can Gio Bridge Project, the Ho Chi Minh City People's Committee has assigned the Department of Transport to prepare the project, responsible for drafting and submitting the pre-feasibility study report and the feasibility study report for appraisal.
Therefore, businesses interested in the project can register to implement it during the City's survey of investor interest for consideration.
Previously, in January 2024, Trung Nam Construction Investment Joint Stock Company (part of Trung Nam Group) also proposed participating in the construction of the Can Gio Bridge under the public-private partnership (PPP) model.
Previously, Trung Nam Group joined forces with Can Gio Urban Tourism Joint Stock Company to prepare a pre-feasibility study report for the Can Gio Bridge Project.
The project was previously implemented under a BOT (Build-Operate-Transfer) model combined with a BT (Build-Transfer) model. However, according to the Law on Investment in Public-Private Partnerships (PPP) effective from June 18, 2020, the BT contract type is no longer included in the investment forms. Therefore, the Can Gio Bridge Project has not yet received investment approval.
In 2022, the Ho Chi Minh City People's Committee decided to restart the Can Gio Bridge Project and assigned the Department of Transport to carry out investment preparation work.
Currently, the Can Gio bridge project has completed the pre-feasibility study report and submitted it to the Ho Chi Minh City People's Council for approval at the mid-2024 session. If approved by the City People's Council, this bridge will start construction on April 30, 2025.
Opening the right tunnel door on the west side of tunnel number 2 of Dong Dang - Tra Linh highway
On June 21st, the consortium of contractors led by Deo Ca Group opened the western right tunnel entrance of tunnel number 2 of the Dong Dang (Lang Son) – Tra Linh (Cao Bang) expressway project, phase 1. This is the first tunnel entrance to be opened on the entire expressway project.
Tunnel No. 2 was built at about Km72 (Thach An district, Cao Bang province) including 2 tunnel tubes (left, right) nearly 500m long.
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| Special equipment for construction of Dong Dang - Tra Linh expressway tunnel. |
According to a report by Dong Dang - Tra Linh Expressway Joint Stock Company - the project enterprise, as of mid-June 2024, the People's Committee of Cao Bang province had handed over 35.36/41.55 km of land for the PPP investment project of the Dong Dang - Tra Linh expressway within Cao Bang province, equivalent to 85%, meeting the construction schedule.
It is expected that by July 2024, the People's Committee of Cao Bang province will complete 100% of site clearance work in this locality.
Regarding the scope in Lang Son province, the volume of land handed over to the new construction unit is 5.45/51.8 km, equivalent to 10.5%. According to the plan, Lang Son People's Committee will complete the site clearance work for the Dong Dang - Tra Linh expressway within Lang Son province in September 2024.
A representative of Dong Dang - Tra Linh Expressway Joint Stock Company said that despite receiving the attention and direction of the Prime Minister and the leaders of the two provinces, the volume of earth filling materials for the entire project is lacking about 4 million m3. In addition to adding 4 new earth quarries, the project enterprise has carried out the construction of leveling the ground in the areas around the project. Currently, the project enterprise is coordinating with relevant parties to carry out procedures with the provincial authorities to complete the licensing of exploitation to exploit the earth quarries according to the special mechanism.
To speed up construction progress, the Project's construction units mobilized 467 personnel, 199 machines and equipment, deployed 19 construction teams to simultaneously approach and organize construction according to the handed-over site segments.
“We are researching to launch a competition movement and build a reward mechanism for contractors to promote construction activities of the entire project,” said a representative of Dong Dang – Tra Linh Expressway Joint Stock Company.
According to Mr. Nguyen Duc Tuan - Deputy General Director of Dong Dang - Tra Linh Expressway Joint Stock Company, although the construction of tunnel No. 2 has been opened, the site for the waste dump and the functional area of the concrete mortar mixing station has not been handed over. He proposed that the People's Committee of Cao Bang province speed up site clearance and agree to supplement the waste dumps arising during the construction process.
Mr. Nguyen Duc Tuan hopes that Cao Bang Provincial People's Committee will continue to work with Lang Son Provincial People's Committee and the Government to supplement enough land use quotas for the project in the fourth quarter of 2024; approve the addition of 4 soil material mines as proposed by Dong Dang - Tra Linh Expressway Joint Stock Company; at the same time, approve the plan to renovate and utilize surplus land in accordance with regulations to meet the source of construction earth materials.
Previously, on June 11, 2024, the Steering Committee of the Dong Dang - Tra Linh Expressway Project held a meeting to evaluate the project implementation results and continue to promote the implementation of key tasks.
Mr. Tran Hong Minh, Secretary of Cao Bang Provincial Party Committee, requested the People's Committees of districts where the project passes through to urgently approve plans and estimates for compensation for land acquisition and clearance for local people, and strive to hand over 100% of the site to Dong Dang - Tra Linh Expressway Joint Stock Company for construction on schedule.
“The People’s Committees of the districts within their authority need to quickly implement procedures for exploiting minerals for common construction materials for the project after the Government issues Resolution No. 106/2003/QH15. Actively work with Lang Son province to adjust the route, clear the land, and change the purpose of forest use for the project,” Secretary Tran Hong Minh directed.
The Dong Dang – Tra Linh Expressway Project has a total length of 121km, divided into 2 investment phases. Phase 1, Dong Dang – Tra Linh Expressway is invested with a length of more than 93km. The starting point is at the Tan Thanh border gate intersection (Van Lang district, Lang Son province). The end point is at the National Highway 3 intersection (Chi Thao commune, Quang Hoa district, Cao Bang province). Deo Ca Group is the leading investor of the consortium implementing the Phase 1 Project.
The completion of the Dong Dang – Tra Linh Expressway will play a role in strengthening domestic and international trade connections, contributing to improving local and regional competitiveness, creating momentum for socio-economic development and national security and defense.
An investor has already been selected to build a rest stop at Km47+500 on the Phan Thiet – Dau Giay expressway.
The Director of the Vietnam Expressway Department has just signed a decision approving the results of the investor selection for the project to build and operate the rest stop at Km47+500, part of the Phan Thiet – Dau Giay component project on the Eastern North-South Expressway.
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| Illustrative image. |
Accordingly, the winning bidder is the FUTABUSLINES – THANH HIEP PHAT Joint Venture (a joint venture of Phuong Trang Passenger Transport Joint Stock Company FUTABUSLINES and Thanh Hiep Phat Limited Company) with a monetary value of 260 billion VND paid to the state budget; the preliminary project implementation cost (M1) is 290.716 billion VND; and the compensation, support, and resettlement value (M2) is 3.342 billion VND.
The overall project timeline is 15 months, including 12 months for completing public service facilities; the project's operational period after investment completion is 25 years.
Bộ GTVT giao Ban quản lý dự án Thăng Long với vai trò là bên mời thầu căn cứ vào kết quả lựa chọn nhà đầu tư được phê duyệt, tổ chức triển khai thực hiện các bước tiếp theo tuân thủ quy định của Luật Đấu thầu, Nghị định số 23/2024/NĐ-CP. Trong quá trình thực hiện lưu ý đàm phán với nhà đầu tư trúng thầu rút ngắn tối đa tiến độ thực hiện các công trình công cộng để phục vụ nhu cầu thiết yếu của người và phương tiện tham gia giao thông trên tuyến.
It is known that for the investment project to build and operate the rest stop at Km47+500, part of the Phan Thiet – Dau Giay component project on the Eastern North-South Expressway, there are up to 7 consortiums of investors that have submitted bids, including very strong units such as Petrolimex, Anh Phat Petro…
The investment project for the construction and operation of the rest stop at Km47+500, part of the Phan Thiet – Dau Giay component project on the Eastern North-South Expressway, is being implemented in Xuan Hoa commune, Xuan Loc district, Dong Nai province and Tan Duc commune, Ham Tan district, Binh Thuan province.
Quy mô diện tích tổng thể mặt bằng trạm dừng nghỉ khoảng 12.000m2, trong đó trạm bên phải tuyến có tổng diện tích khoảng 62.000m2; trạm bên trái tuyến có tổng diện tích khoảng 57.000m2.
Các hạng mục xây dựng dự kiến bao gồm: công trình dịch vụ công; công trình dịch vụ thương mại và công trình bổ trợ. Trong đó, công trình dịch vụ công (cung cấp các dịch vụ miễn phí) bao gồm: bãi đỗ xe; không gian nghỉ ngơi; phòng nghỉ tạm thời cho lái xe; khu vệ sinh; nơi cung cấp thông tin; nơi tổ chức, phát động tuyên truyền về an toàn giao thông; nơi trực của nhân viên cứu hộ, sơ cứu tai nạn giao thông.
Dong Nai introduces 36 projects in 5 priority investment areas
On June 21st, the People's Committee of Dong Nai province held a conference to introduce the proposed list of priority investment projects in the Dong Nai Provincial Planning for the period 2021-2030, with a vision to 2050.
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| Perspective view of the 300-hectare innovation and research complex located northwest of Long Thanh Airport. |
According to the draft planning of Dong Nai province for the period 2021-2030, it will call for investment in 36 projects in 5 fields including: 6 industrial projects; 6 service projects; 7 urban projects; 10 transport infrastructure projects and 7 cultural and social projects.
In the industrial sector, Dong Nai will call for investment in at least three net-zero green industrial parks; a 100-hectare concentrated information technology park in Long Thanh district.
In addition, the province is inviting investment for four modern regional logistics center projects located near the airport and seaport.
In the infrastructure sector, a number of important projects are included in the investment portfolio such as: Bien Hoa Airport; Cat Lai Bridge; Ring Road 4, and a series of urban areas around Long Thanh Airport.
Informing investors, Mr. Nguyen Huu Nguyen, Director of the Department of Planning and Investment, said that currently, the planning of Dong Nai province for the period 2021-2030, with a vision to 2050, is being completed to submit to the Prime Minister for consideration and approval.
The projects included in the investment call list have been unanimously approved by the Provincial Party Standing Committee and reported to the Central authorities, so their feasibility is very high.
At the conference, Dong Nai Provincial Party Secretary Nguyen Hong Linh said that the announcement of investment portfolios will help businesses initially access the province's planning. From there, investors will seek opportunities and prepare when the province officially announces the planning after it is approved by the Government.
Mr. Nguyen Hong Linh also shared the province's view that the planning should be announced transparently and publicly so that all investors have equal access to the projects. The fact that investors have equal access to the projects will help Dong Nai have the opportunity to choose the best investors.
According to the draft planning report for the 2021-2030 period, Dong Nai positions its competitive advantages in attracting investment for economic development through four values: an economic center with an airport as the center; a logistics center of the Southern Key Economic Zone, focusing on e-commerce; a center for modern processing and manufacturing industries; and a center for vocational education and innovation.
Da Nang attracts nearly 14,000 billion VND in investment capital in the first 5 months of 2024
On June 21st, the Da Nang City Department of Planning and Investment announced that in the first five months of 2024, the city had granted investment approvals and investment registration certificates outside of industrial parks, high-tech parks, and information technology parks with a total investment capital of over 13,917 billion VND.
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| Da Nang city continues to attract more investment from domestic and international businesses. |
Specifically, there are 3 new projects that received investment approval and investment certificates with a total investment capital of over 7,604 billion VND, and 3 projects whose investment approval decisions were adjusted, resulting in an additional capital increase of 6,313 billion VND.
In industrial parks, high-tech parks, and information technology parks, Da Nang city has attracted two domestic projects with investment capital of VND810 billion; three domestic projects increased capital by more than VND717 billion.
Up to now, in Da Nang city, there are 377 domestic investment projects outside industrial parks, high-tech parks, and information technology parks with a total investment capital of VND 210,817 billion and 399 domestic projects in industrial parks, high-tech parks, and information technology parks with a capital of VND 34,458 billion.
With foreign direct investment (FDI), Da Nang city continues to attract many new projects. Specifically, foreign investors have invested $21.9 million in FDI in Da Nang, an increase of 12.26% compared to the same period last year. Of this amount, Da Nang city has granted licenses to 27 new projects with a registered capital of $22.789 million.
To date, Da Nang city has 1,012 FDI projects with a total investment of over 4.3 billion USD; and 40,859 businesses and branches/representative offices in operation with a total registered capital of 258,212 billion VND.
Regarding business activities, Da Nang city newly issued business registration certificates to 1,582 enterprises, branches and representative offices, with total registered charter capital reaching VND5,166 billion.
The number of businesses resuming operations increased by 12.2% compared to the same period in 2023; however, the number of businesses registering for temporary suspension still increased by 15.4% year-on-year.
According to statistics from the Da Nang City Department of Planning and Investment, the city's economic growth showed many positive signs in the first five months of the year.
Revenue from accommodation and food services in May 2024 is estimated at VND 2,296 billion, an increase of 29.5% compared to the same period last year. Software export turnover reached USD 67.5 million, achieving 42% of the plan, an increase of 11% compared to the same period in 2023; the city's overall industrial production index shows a growth trend…






















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