Vietnam’s longest sea bridge opens to traffic on National Day

Secretary of the municipal Party Committee Nguyen Van Thanh made the remark at a February 14 meeting with Japanese Ambassador to Vietnam Horoshi Fukada. The city is fully aware of the values created by high-quality human resources and it is embarking on shaping up the support industry, Thanh said. He acknowledged the Japanese Government’s contributions to the city’s past achievements in infrastructure building, transport links, and environmental projects. The Japanese ambassador expressed his delight to see in-progress preparations for the construction of the Lach Huyen international deep-sea port in Cat Hai island district, and the Tan Vu-Lach Huyen cross-sea bridge. He voiced his belief that these facilities, once completed, will draw more Japanese investors to the city and also shared his country’s experience in economic development.... [read more]

Prime Minister Nguyen Tan Dung will pay an official visit to Belgium and the European Union (EU) from October 12-14 at the invitation of the Belgian Prime Minister and the President of the European Commission (EC). According to Vietnam Ambassador to Belgium and the EU, Pham Sanh Chau, despite his trips to the EU and Belgium in 2006 and 2010, this is PM Dung's first official visit to both Belgium and the EU in the context that both partners are undergoing the leadership transition amid the global rapid and drastic changes. During the visit, PM Dung is scheduled to thank former EU leaders for their contributions to the growth of bilateral relations and discuss measures to promote future relations with new EU and Belgian leaders. Dung and EC President José Manuel Barroso will release a political statement in which the two leaders will stress the need to reach an EVFTA soon in a bid to further strengthen the comprehensive partnership between the two sides for mutual benefit. They will witness the signing of documents welcoming EU decision to pledge further aid of 400 million euros to Vietnam in the 2014-2020 period, up 30% over 2007-2013 despite facing economic woes and negative impacts of public debt crisis. With its commitment, the EU remains the largest non-refundable aid provider of Vietnam since both sides established diplomatic relations in 1990. The Vietnamese government leader will also witness a ceremony granting an investment license to Belgian company Rentaport which is pumping US$260 million into…... [read more]

During the October 13 talks with his Vietnamese counterpart PM Nguyen Tan Dung, Charles Michel affirmed the need to enhance the relationship between Belgium and Asia-Pacific nations, particularly Vietnam, at both bilateral and multi-lateral frameworks. He voiced strong support for the signing of the EU-Vietnam Free Trade Agreement (EVFTA), noting that the trade pact and the frame agreement on the Partnership and Cooperation Agreement (PCA) between Vietnam and the EU will lay a firm foundation for stronger all-sided cooperation between the two sides. The Belgian PM expressed hope that his Vietnamese counterpart’s current visit will help deepen bilateral ties for mutual benefit, as well as for peace, stability, cooperation and prosperity in the region and the world. PM Dung spoke highly of Belgium’s success in dealing with negative impacts caused by the global economic and financial crisis and help the country's stable economic growth bounce back. The two PMs emphasized that since Vietnam and Belgium established diplomatic ties in 1973, bilateral multifaceted cooperation has seen fine development in various fields, resulting in regular high-level visit exchange, including the most recent visit to Vietnam by Crown Prince Haakon Magnus and Princess Mette Marit in March 2014, and Vietnamese Party General Secretary Nguyen Phu Trong’s Belgium visit in January 2013. They consented to continue promoting high-level exchange visits and cooperation, and providing mutual support at multilateral forums like the UN, ASEM, ASEAN-EU, and the Francophone. They described the ASEM as an important dialogue channel and cooperation programme between the two continents, in…... [read more]

After three years of construction, the $530-million bridge in the port city of Hai Phong is almost ready to serve locals and tourists. The northern port city of Hai Phong is set to open the country’s longest cross-sea bridge in May. The Tan Vu-Lach Huyen Bridge is 4.9 kilometers long, linking Cat Hai Island and the city’s eastern port Dinh Vu. The bridge, which is 16 meters wide with six lanes, costs nearly VND12 trillion ($530 million) to build. The immense structure is supported by nearly a hundred concrete pillars. The city authorities said the bridge was completed on Friday and would be opened to traffic in May, giving locals and tourists another option apart from waterway transport. It took three years to build the bridge. The Vietnamese government secured funds from the Japan International Cooperation Agency for the project. Related News: > Ho Chi Minh City to invest $255 mln on Dong Nai bridge connection > LG launches a $1.5 billion project in Hai Phong... [read more]

New industrial zone to go up in Haiphong Thuy Dung By Thuy Dung - The Saigon Times Daily HAIPHONG - With the success of Dinh Vu Industrial Zone, Belgian-based investor Rent-A-Port has decided to develop South Dinh Vu Industrial Zone II - Deep C II in the northern city of Haiphong. Work started on the new industrial zone covering nearly 650 hectares on Monday. The investor pledged to put infrastructure development on fast track so as to hand over 40 hectares to tenants in 2017. The remaining two components of the Deep C industrial cluster are Gateway Industrial Zone (Deep C III) of nearly 500 hectares on Cat Hai Island and Tien Phong Industrial Zone (Deep C IV) in Dam Nha Mac, Quang Ninh Province. When completed, the industrial zones will form an industrial cluster of over 2,000 hectares, with a total investment of around US$800 million. This cluster is situated near Lach Huyen Deep Seaport, Dinh Vu port complex, Cat Bi International Airport, and Hanoi-Haiphong Expressway. Also on Monday, CDC International Corporation commenced construction of a US$2.2-million project called “Gateway Commercial and Logistics Business Centre” in the South Dinh Vu Industrial Zone II - Deep C II. Licensed in June this year, the project consists of office buildings and open storage facilities for lease, and is scheduled for operation from January 2017. CDC International Corporation is one of Qatar’s leading companies active in coastal industrial and urban area developments. It is the first foreign-invested firm to set foot in…... [read more]

The Bach Long Vi island saw powerful wind of level 8- 9 this morning because of the impact of the seventh storm, reported the National Hydrology Meteorology Forecast Center. At 10am today, the typhoon centered at 18. 9 degrees north latitude and 110. 3 degrees east longitude in the southeastern seashore of the Hainan Island (China) and was 420 kilometers away from the southeastward of Quang Ninh and Hai Phong. The maximum wind near the center sustained at 150- 165 kilometers an hour. In next 24- 36 hours, the seventh storm this year can keep moving northwestward at 10- 15 kilometers per hour. By 10am tomorrow, its eye will be at 20. 8 degrees north latitude and 107. 9 degrees east longitude in the territorial waters of Quang Ninh and Hai Phong with 90- 120 kilometers an hour. The center forecast the typhoon then will hit the border area between Vietnam and China at 21. 9 degrees north latitude and 107. 1 degrees east longitude. The damaged zone will parallel 160 degrees line of north latitude and 1, 130 degrees east longitude. Due to the storm circulation, the Gulf of Tonkin including Bach Long Vi, Co To, Van Don and Cat Hai island district will face wind speed up to level 8- 13, big wave of 3- 5 meters and sea rough. Meanwhile, the strongest wind force level will be at 9-12 in the mainland of Quang Ninh, Hai Phong, Lang Son and Bac Giang province. Within next 36- 48…... [read more]

VietNamNet Bridge - Up to 500 youth of Cat Hai Island District in the northern port city of Hai Phong participated in a coastal cleanup campaign on Cat Ba Island yesterday morning, Sept 22. The cleanup campaign attracted youth, mainly secondary and high school students, officers from the armed forces and those working at local administrative units. The campaign is part of the Red River Delta Adaptation and Youth (READY) programme, a joint project conducted by the Asian Management and Development Institute, the non-profit Centre for Marinelife Conservation and Community Development and the Centre for Environment and Community Research. Addressing the event's launch ceremony, Hoang Trung Cuong, vice chairman of Cat Hải District's People's Committee, said "The percentage of solid waste collected in the two towns of Cat Hai and Cat Ba has reached 90 per cent of total dumped waste and in other communes has been 75 to 80 per cent." "However, solid waste treatment remains unsuitable, causing not only pollution to the environment, but also affecting socio-economic development and public health," he added. He called on local agencies, organisations, individuals, enterprises and the whole community to take action to solve pressing environmental problems and move towards a sustainable and green Cat Ba Town, in response to international coastal cleanup campaigns this year. Groups of environmental volunteers collected garbage on Tung Thu and Cat Co beaches, in Tung Dinh Lake and at the central port while fishing out waste from Cat Ba Bay and Lan Ha Bay. The collected…... [read more]

Hai Phong City is committed to providing the best investment environment possible to investors by improving its infrastructure and adopting clearer administrative procedures, city leaders told the Conference on Investment Promotion in Hai Phong on September 19. Hai Phong’s transport infrastructure will be updated and finished soon, according to Mr. Nguyen Van Tung, Chairman of the City People’s Committee. The Ha Long - Hai Phong Highway will be finished in mid-2017, cutting travel time between the two destinations to 25 minutes. The bridge and road to Cat Hai Island and the international port on the island will be finished at the beginning of 2018, with the latter capable of berthing large vessels. At the end of this year Hai Phong will begin building a coastal road connecting Quang Ninh, Thai Binh, Nam Dinh, Ninh Binh and Thanh Hoa provinces. In order to attract more flights to Cat Bi International Airport, Hai Phong provides support of VND10 billion ($448,000) to airlines opening international routes and VND5 billion ($224,000) to those opening domestic routes. There will be two more direct international flights from Hai Phong to South Korea and Thailand by the end of the year and in the beginning of 2017 flights from Hai Phong to China and Japan will be opened, according to Mr. Tung. In order to improve administrative procedures, the Hai Phong City People’s Committee announced a decision at the conference to set up an investment, trade and service promotion center, which will serve as a bridge connecting…... [read more]

Turkey continues imposing AD duties on Vietnam tyres The AVC reported that the General Directorate of Imports under the Turkish Ministry of Economy has issued its conclusion on reviewing AD duties on motorbike tyres imported from Taiwan and Vietnam. Accordingly, Vietnamese motorbike tyres coded 4011. 40 and 4013.90.00.00.11 will be imposed AD duties of 29% and 49%, respectively. The above mentioned AD duties are also levied on spare parts of motorbike tyres coded 4011.40 and 4013.90. Turkey initiated AD investigations on motorbike tyres coded 4011. 40 and 4013.90 imported from Vietnam on July 15, 2015 according to a complaint lodged by Anatolia Rubber Ind. and Trade Inc. company. Export growth 50% of target The country's total export turnover in the first seven months of the year was US$96.83 billion, representing an annual increase of 5.3%, said Duong Duy Hung, Director of the Ministry of Industry and Trade's Planning Department. However, the growth of total export turnover in this period was much lower than that of 9.2% in the same period last year, meeting only half the target. Hung told a meeting in Hanoi on August 8 that the total export turnover in July was US$14.7 billion, 0.2% less than the previous month. July exports by the agro-forestry and fishery sector rose only 0.1% from June. In addition, the processing industry has not maintained its high growth rate of previous years, with a turnover drop of 0.9% compared to June. "The declining export prices have been the main reason for the…... [read more]

Vinh Phuc pitches for UK investments The northern province of Vinh Phuc pitched its potential, strength and projects in need of investments at a recent seminar in London. Addressing the event, held with the coordination of the Vietnamese Embassy in the UK, Chairman of the Vinh Phuc People's Committee Nguyen Van Tri underlined the province's advantages including favourable geographical conditions, an abundant workforce and good infrastructure. He reported that as of the end of June 2016, Vinh Phuc was hosting 221 foreign-invested projects, including successful ones run by Toyota and Honda of Japan, Piaggio of Italy, and Partron Vina, Heasung Vina, Jahwa and Sindoh of the Republic of Korea (RoK). Ambassador Nguyen Van Thao described Vinh Phuc as a bright spot in terms of economic development in Vietnam. He pledged that the embassy will assist UK businesses in studying opportunities in Vietnam in general and in Vinh Phuc Province in particular. Paul Smith from the UK's Harvey Nash Group, which has been in Vietnam for more than 15 years, suggested Vinh Phuc and other Vietnamese localities improve foreign language skills for their labourers in order to attract more foreign investors.- Ten enterprises commit 17 trillion VND in investment to Ha Nam The authorities of the northern province of Ha Nam signed cooperation agreements with and granted investment certificates to 10 enterprises on a total investment of 17 trillion VND (765 million USD) in the locality at an investment promotion conference on August 6. Worthy of note is a 300 million…... [read more]