Binh Duong to spend 388 million USD to improve transport connectivity

16:24 | 22/01/2021 Society Follow Ven.vn on

The southern province of Binh Duong will spend around 9 trillion VND (388 million) on key transport projects this year to boost socio-economic development, Chairman of the provincial People’s Committee Nguyen Hoang Thao has said.

binh duong to spend 388 million usd to improve transport connectivity

Binh Duong province plans to invest 9 trillion VND to build key fly-over bridges and improve its main roads to boost traffic connectivity with neighbouring provinces such as Dong Nai and Ba Ria-Vung Tau and HCM City (Photo: VNA)

In order to efficiently use the money, funds will be spent on important, key projects that can be completed and put into use this year.

Specifically, the province plans to build fly-over bridges at Phuoc Kien, Cho Dinh and Cho Cay Dua junctions.

The provincial construction department said the fly-overs would reduce ground level junctions with the ring road and the My Phuoc - Tan Van expressway, while boosting traffic connections among industrial parks in the province and HCM City ports.

The province also plans to expand and upgrade My Phuoc - Tan Van expressway and provincial highways No. 743, 747B and 746, which will improve transport to Dong Nai province and HCM City.

The upgrade of My Phuoc - Tan Van expressway is one of the key projects because it connects urban areas and industrial parks, and opens up a freight corridor along the North - South backbone axis parallel to National Highway No.13.

This will create favourable conditions for access to Cai Mep - Thi Vai port in Ba Ria - Vung Tau province and the Long Thanh international airport in the future, according to the construction department.

The widening of major roads such as National Highway No.13 and My Phuoc - Tan Van between concentrated industrial zones has eased travel to ports.

In recent years, Binh Duong has spent large amounts to improve road infrastructure to enhance transport connectivity with HCM City and nearby provinces, developing concentrated industrial zones and attracting workers from provinces and cities around the country.

Bui Minh Tri, head of the province's industrial zone management, said as one of the fastest-growing provinces in the key southern economic zone, Binh Duong is among the hottest investment destinations in the country.

It is always looking to develop transport infrastructure to help ship goods to other provinces and abroad.

It plans to further improve transport connectivity by developing waterways, and, in the future, create a rail link to transport goods to ports in HCM City and Dong Nai province.

VNA

See more news

Kaspersky outlines top five cyberthreats for entrepreneurs

14:26 | 27/12/2022 Society

Small and medium-sized businesses (SMBs) are great contributors to the global economy: according to the World Trade Organization, SMBs represent more than 90 percent of all businesses worldwide. Due to cyberattacks, businesses may lose confidential information, finances, valuable market share – and there are plenty of ways criminals are trying to reach their goals.

Empowering Safety program launched to save vulnerable young lives on the road

13:15 | 26/12/2022 Society

Ho Chi Minh City, Vietnam - December 26, 2022, Small steps lead to big changes, and this year, Vietnam is celebrating 15 years since the successful passing of the 2007 helmet-wearing law.

Vietnam looks ahead to 2023 climate summit

06:00 | 25/12/2022 Environment

(VEN) - World leaders are hoping the COP28 Climate Change Summit, scheduled for November 30 to December 12, 2023, in the UAE will achieve expectations not met at the COP27 summit held in Egypt in November 2022.

Most consumers in Vietnam prefer biometrics to other forms of ID verification

09:50 | 22/12/2022 Society

More than three out of four Vietnamese consumers say using biometrics for identity verification (78 percent) and payments (76 percent) is more secure than using a PIN, password, or other forms of identification, according to the Mastercard New Payments Index 2022.

The Australian Alumni Awards 2023 kicks off

09:24 | 20/12/2022 Society

The Vietnam’s Graduates from Australia Club (VGAC) just kicked off nominations for the Australian Alumni Awards 2023 (short called “AAA”).

Bac Giang Province, an FDI magnet

09:21 | 19/12/2022 Society

(VEN) - Bac Giang is a province in the northern midland and mountainous region, with natural area of 3,895.5sq.km, consisting of 10 administrative units: Bac Giang City and nine districts. The province’s population is about 1.9 million, with skilled workers accounting for 72 percent.

Hanoi firms slash prices to stimulate demand

06:00 | 18/12/2022 Metropolis

(VEN) - The industry and trade sector of Hanoi is implementing numerous activities to assist businesses in capitalizing on high demand for shopping at the end of the year. These stimulus measures are expected to boost production and business activities while ensuring economic development goals.

Innovative international photo contest celebrates winners for combatting drink driving

11:22 | 16/12/2022 Society

Hundreds of young adults across Southeast Asia entered an international photo contest centered around the theme “friends don’t let friends drive drunk,” part of the “Power of No” campaign against drink driving.

Bac Giang exceeds investment plan

10:34 | 16/12/2022 Province

The northeastern province of Bac Giang has been proactive and creative in attracting investment in its industrial parks (IPs), especially through on-site investment promotion.

Bac Giang boosts sustainable industrial growth

09:42 | 16/12/2022 Province

(VEN) - In recent years, the northern province of Bac Giang has been developing its industrial sector intensively and on a sustainable basis.

Latest Most Read

Norwegian Ambassador experiences Vietnamese Tet traditions

06:00 | 28/01/2023 Lifestyle

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).

Binh Lieu mountain region powers up

06:00 | 28/01/2023 Province

(VEN) - The mountainous border district of Binh Lieu in the northeastern province of Quang Ninh is changing rapidly due to investment in infrastructure of roads, electricity and schools, greatly improving the lives of the predominantly ethnic minority population.

Steel industry to gradually recover in 2023

15:48 | 27/01/2023 Industry

HCM CITY — Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.

Prime Minister launches New Year tree planting festival

15:36 | 27/01/2023 Society

Agro-forestry-fishery exports set new record in 2022

15:20 | 27/01/2023 Infographic

Agro-forestry-fishery exports set a new record of over 53.22 billion USD in 2022, according to the Ministry of Agriculture and Rural Development.

Vietnam, Malaysia target trade growth

06:00 | 02/11/2022 Vietnam and other regions

(VEN) - The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will take effect for Malaysia on November 29, 2022. This significant event is expected to increase its bilateral trade with Vietnam.

Energy industry masters advanced technologies

06:00 | 09/11/2022 Energy

(VEN) - Enterprises and research units in the field of energy, especially in the electricity industry, have taken the lead in mastering advanced technologies, achieving practical results and ensuring energy security.

Shinhan Life Vietnam introduces flexible term life insurance product

14:45 | 03/01/2023 Companies

Shinhan Life Vietnam recently launched life insurance “Shinhan – Song Khoe with Fantastic Four S-Plus”. This is a flexible insurance solution that offers a wide range of options to optimize protection for each customer.

Surge in trade with New Zealand

06:00 | 07/11/2022 Vietnam and other regions

(VEN) - Vietnam's export value to New Zealand currently accounts for only 1.7 percent of that market's total import value, offering opportunities for increased Vietnamese sales.

Revision underway of e-transaction law

06:00 | 08/11/2022 Finance-Banking

(VEN) - Vietnam’s digital banking transactions have achieved an average annual growth of 40 percent, ranking it among the world’s top growers in this field.

Multimedia

Video Longform Infographic Photo

Norwegian Ambassador experiences Vietnamese Tet traditions

06:00 | 28/01/2023 Lifestyle

Fireworks soar across Vietnam ringing in Year of the Cat

13:07 | 22/01/2023 Photo

Colourful fireworks lit up major cities across Vietnam Sunday night in an exuberant celebration of the Lunar New Year.

The cat in Vietnamese culture

13:00 | 22/01/2023 Lifestyle

(VEN) - The new lunar year (2023) is designated the Year of the Cat, one of the 12 Vietnamese zodiac animals and a strong favorite on the list that also includes the Rat, Buffalo, Tiger, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog, and Pig). Unlike most of the other animals, in modern society the cat has become a close friend of both children and adults.

Sa Dec Flower Village, an attractive destination in Tet

16:11 | 11/01/2023 Tourism

Sa Dec Flower Village in Dong Thap Province has been well-known for a long time as the flower capital of the Mekong Delta and one of the country's largest suppliers of flowers for cities and provinces nationwide and even abroad.

Da Nang tops Vietnam's tourism competitiveness rankings

15:37 | 11/01/2023 Longform

It attributed the result to the city's strengths in transport and tourism service infrastructure, readiness to apply advanced information and technology as well as environmental sustainability.

Policy

Prime Minister assigns tasks to Deputy Prime Ministers

07:00 | 17/01/2023 Policy

Prime Minister Pham Minh Chinh has signed decision 19/QD-TTg assigning tasks to the Deputy Prime Ministers.

Taking advantage of growth opportunities: Party leader

09:18 | 04/01/2023 Policy

Party General Secretary Nguyen Phu Trong suggested promoting national digital transformation, digital economy and digital society in association with environmental protection while attending the teleconference between the Government and 63 provinces and cities.

Financial mobilization for development of circular economy

17:02 | 03/01/2023 Policy

As one of the countries heavily affected by climate change, the development of a circular economy is an important solution for Vietnam, towards the development of a green and low-carbon economy.

Multilateral cultural diplomacy helps Vietnam shine at UNESCO: official

16:02 | 03/01/2023 Vietnam and other regions

Cultural diplomacy has contributed to promoting cultural values and the image of the country and people of Vietnam.

Industry & Trade

Binh Lieu mountain region powers up

06:00 | 28/01/2023 Province

Steel industry to gradually recover in 2023

15:48 | 27/01/2023 Industry

Quang Ninh ships first tonne of coal on first day of Lunar New Year

18:16 | 23/01/2023 Energy

The northern coastal province of Quang Ninh shipped the first tonnes of coal on January 21, the first day of the Lunar New Year, from the Cam Pha port.

Support industries vital for global integration

06:00 | 18/01/2023 Support industries

(VEN) - “Entering 2023, Vietnam needs to promote the development of support industries to help the country’s industrial sector effectively participate in the global supply chain,” said Deputy Director of the Industry Agency under the Ministry of Industry and Trade (MoIT) Ngo Khai Hoan in an interview with Vietnam Economic News’ Lan Anh.

Investment

Viet Nam calls for more investment in green growth

16:52 | 22/01/2023 FDI

Deputy Prime Minister Tran Hong Ha called on foreign businesses to boost investment, support Viet Nam in green growth, and well implement international commitments on sustainable development and climate change, including UNCOP26 commitments to achieving net-zero emissions by 2050.

Hanoi attracts nearly US$1.7 billion in FDI in 2022

17:43 | 03/01/2023 Metropolis

Hanoi attracted US$1.69 billion in foreign direct investment (FDI) last year, still among the localities leading the nation in this field.

FDI disbursement exceeds US$20 billion

06:00 | 01/01/2023 FDI

(VEN) - Foreign direct investment (FDI) disbursement reached more than US$20 billion in 2022 - the highest level in five years, aiding post-pandemic recovery.

Screening proposed for improved foreign investment

06:00 | 21/12/2022 FDI

(VEN) - Foreign direct investment (FDI) has contributed significantly to the Vietnamese economy since the Law on Foreign Investment in Vietnam was promulgated in 1987. However, Vietnam is mulling effective screening tools to enhance FDI quality.

Finance-Banking

Positive 2023 securities market forecasts

06:00 | 20/01/2023 Stock Market

(VEN) - Vietnam’s securities market experienced strong volatility in 2022, stemming from investor caution in the face of global economic and political uncertainties.

Banking sector stable, but challenges abound

06:00 | 16/01/2023 Finance-Banking

(VEN) - The banking sector will confront challenges in 2023 both from the international and domestic economies, requiring stabilized macroeconomic conditions and balances.

PM directive to ensure payment demands during Tet

17:55 | 03/01/2023 Finance-Banking

The State Bank of Vietnam (SBV) must direct commercial banks to meet all payment and cash demands of individuals and firms during Tet (Lunar New Year).

Green finance puts down roots in Vietnam

06:00 | 26/12/2022 Finance-Banking

(VEN) - The development of green finance is an important foundation for sustainable business growth.

Environment

Vietnam looks ahead to 2023 climate summit

06:00 | 25/12/2022 Environment

Preserving nature, facilitating business

06:00 | 10/12/2022 Environment

(VEN) - In the past few years, the natural resources and environment sector of Hung Yen Province has advised authorities on state management of natural resources and the environment, contributing to provincial economic growth, industrialization and modernization.

AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

11:40 | 24/11/2022 Environment

AkzoNobel, a leading global paints and coatings company and the major producer of Dulux brand, has completed repainting the Cu Lao Xanh Lighthouse project with Dulux Weathershield®. It is the third lighthouse in Vietnam recoated under the “Lighthouse Protection Campaign” of AkzoNobel.

JTI Vietnam commits to net zero greenhouse gas emissions

16:25 | 15/11/2022 Environment

Climate change is the most urgent issue of our time, and to limit its impact on life on earth, the rise in mean global temperature should not exceed 1.5°C above pre-industrial levels. The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.

Science - Technology

Welcoming the year of digital data for Vietnam

16:57 | 22/01/2023 Digitalization

(VEN) - In 2022, the government assigned more important functions and tasks in digital transformation, government, economy, society, technology, and electronic transactions to the Ministry of Information and Communications.

Vietnamese animation studio won legal case on copyright infridgement in Russia

11:14 | 11/01/2023 Startups

In the case of the copyright dispute between two animators Wolfoo and Peppa Pig in the Russian Federation, the Moscow City Court recently issued a decision to order Entertainment One UK Limited (eOne or EO – Peppa Pig’s owner) must compensate Sconnect Vietnam (Wolfoo’s owner) RUB 240,000, which is roughly $4000.

Top 10 ICT developments in 2022

06:00 | 11/01/2023 Information technology

(VEN) - Vietnam's information and communications technology (ICT) industry entered a post-COVID development phase in 2022, with the Party and government adopting policies to promote the development of the technology sector and businesses. Following are 10 outstanding ICT developments of 2022 as voted by the journalists of the ICT Press Club.

First retrofitted Emirates A380 enters service

17:41 | 10/01/2023 Science - Technology

The first Emirates A380 to be completely refurbished under the airline’s US$2 billion retrofit program has been deployed on the Dubai-London Heathrow service, operating as EK003.

Society

Prime Minister launches New Year tree planting festival

15:36 | 27/01/2023 Society

Party General Secretary extends greetings for Year of the Cat

12:19 | 22/01/2023 Metropolis

Strong recovery of capital's economy

06:00 | 17/01/2023 Metropolis

Animated morning at Nghi Thuy fishing port, Cua Lo Town

10:48 | 16/01/2023 Photo

Nghi Thuy fishing port (in Cua Lo Town) is crowded, animated from early morning everyday. Selling fresh seafood at reasonable prices, it is a seafood distribution hub of Nghe An and nearby provinces.

Vietnamese Brands

Nestlé Vietnam and the journey to sustainable development

13:00 | 10/01/2023 Companies

(VEN) - With nearly three decades of operation in Vietnam, Nestlé Vietnam has been implementing many initiatives to improve human health and protect the planet through its commitments and sustainable development strategy. Recently, the company has continued to be honored as the Most Sustainable Business in Vietnam.

VIMC embarks on strong recovery

06:00 | 10/01/2023 Companies

(VEN) - In the context of the strong recovery of the maritime transport market, the Vietnam Maritime Corporation (VIMC) has brought into play its internal strength to achieve successful business results in 2022.

MM Mega Market launches a new modern Giá tốt business model

16:18 | 30/12/2022 Vietnamese Brands

Recognizing changes in shopping behaviors, MM Mega Market has publicly launched its new business model – Giá tốt. Giá tốt is currently present in big cities and provinces in Vietnam with more than 250 Giá tốt partners, including Ho Chi Minh City, Hanoi, Da Nang, Binh Duong, Bien Hoa, Quy Nhon, Buon Ma Thuot, Rach Gia, etc.

PVCFC develops experts’ system

08:00 | 25/12/2022 Vietnamese Brands

(VEN) - The PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) recently held its annual review on accreditation of professionals and on the competency gap for experts at its headquarters in Ho Chi Minh City and Ca Mau Province.

Culture

Norwegian Ambassador experiences Vietnamese Tet traditions

06:00 | 28/01/2023 Lifestyle

Chau Ma brocade lives on

06:00 | 27/01/2023 Lifestyle

(VEN) - The indigenous textile products of the Chau Ma ethnic group reflect experiences, religious beliefs, skillful techniques and an enduring passion for the traditional craft practiced for generations in the Central Highlands province of Lam Dong.

Bathing in coriander-filled water

13:00 | 25/01/2023 Culture

(VEN) - Boiling coriander and bathing in its fragrant water is a ritual cleansing for the Lunar New Year, which is believed to drown the misfortunates and impurities of the past.

Gongs keep ringing in Central Highlands

06:00 | 25/01/2023 Lifestyle

(VEN) - Dak Lak Province strives to keep alive the sound of traditional gongs, 16 years after the cultural space of Central Highlands gongs was recognized by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as an intangible cultural heritage of humanity.

Binh Duong to spend 388 million USD to improve transport connectivity

See also

See more news

Multimedia