>>> Over VND118 trillion required to build North-South expressway in the east At a conference held this morning to review the ministry’s operations in 2017 and deploy the 2018 tasks, Deputy PM Dung asked the Government Office to coordinate with the MOT to complete a governmental draft resolution in order to implement the National Assembly (NA) resolution on building several sections along the trans-national expressway in the east of the country during 2017-2020. The draft document should be submitted to the government for consideration and approval at the regular cabinet meeting this January, he added. Last November, the NA issued a resolution on the construction of several routes on the North-South highway in the east of the country during 2017-2020. Accordingly, during 2017-2020, 654 km on the route will be invested in and divided into independent sub-projects with specific forms and scales of investment suitable to each component. The NA has assigned the Government to develop mechanisms in order to mobilise resources to invest in the project. Therefore, Deputy PM Dung asked the relevant agencies to soon submit it to the Government for promulgation of the draft resolution to implement the project, ensuring its completion by 2021. Dung requested the MOT to organise open and transparent bidding to select the qualified investors to deploy the packages, while ensuring the project’s quality and progress and avoid any losses. Praising the ministry’s contribution to the national socio-economic development in the past year, he suggested that, in 2018, the MOT should focus on… [Read full story]
NDO - Chairwoman of the National Assembly Nguyen Thi Kim Ngan emphasised that creating specific mechanisms is not a way for Ho Chi Minh City to contribute less to the budget, but rather to facilitate the city to develop faster and contribute more to the nation.The NA Chairwoman made the remarks at the ongoing NA meeting on November 14 which discussed the draft resolution on specific mechanisms for Ho Chi Minh City.She said that according to the current budget allocation, Ho Chi Minh City only retains 18% of its budget revenue while the remaining 82% is contributed to the central…... [read more]
At a November 20 working session of the National Assemvbly (NA), Minister of Finance Dinh Tien Dung emphasized that Ho Chi Minh City is the biggest economic hub and an ‘economic locomotive’ of the country, accounting for 1/5 of GDP and its growth rate is 1.6 times higher than the nation's general level. The number of enterprises make up 1/3 of the country. The city has a modern economic structure, 99% of which are industrial and service sectors."The faster the city develops, the more it will contribute to national development," said Dinh Tien Dung, noting that the city is the largest…... [read more]
Ministry supports Dau Giay-Phan Thiet expressway project By Song Nguyen - The Saigon Times Daily HCMC - Transport ministry officials and experts last week listened to the first report on a plan to build an expressway connecting Dau Giay T-Junction in Dong Nai Province with the resort city of Phan Thiet in Binh Thuan Province. Under the report prepared by the developer Binh Minh Import Export Production and Trading Group (Bitexco) and the Japanese-Vietnamese consultant consortium Almec-Tedi, the first phase of the expressway should be ready for use in 2014. At the meeting, the transport ministry approved the scheme for…... [read more]
The deputies said Ho Chi Minh City is Vietnam’s largest economic center with the largest population and the highest per capita income but the current mechanisms and policies don’t exploit its full potential. Nguyen Thai Hoc, a deputy for Phu Yen province, said: “Specific mechanisms for Ho Chi Minh City will help resolve problems like its growing need for more schools, hospitals, and transportation. Some issues will require long-term planning.”The deputies said making Ho Chi Minh City a pilot will motivate the country’s economic development. “The city has the largest business resources and contributes one third of Vietnam’s GDP. We…... [read more]
Ministry urges improvement of aviation services HCMC – Besides ensuring flight safety as the top priority, aviation companies, airports and airlines have to improve the quality of services for passengers, Deputy Minister of Transport Le Dinh Tho told a seminar on December 28. Compared to previous years, the quality of aviation services has improved considerably this year with regard to ticket sale, pickup and transport. According to Tho, even with objective reasons for flight delays and cancellations like bad weather, passengers must be informed early. But in case of subjective reasons, it is crucial that units involved mobilize resources to…... [read more]
