Vietnam’s Ministry of Public Security has submitted to the prime minister a plan on the auction of license plate numbers, which is aimed at contributing to the national budget. Following the ministry’s meetings with local authorities and relevant agencies, the auction scheme has been amended for a total of five times before being submitted to the central government for approval, Colonel Le Xuan Duc, deputy chief of the traffic police division under the Ministry of Public Security, told Tuoi Tre (Youth) newspaper on Tuesday. Once the plan is passed, competent authorities will have to complete relevant laws, build a thorough bidding system, and adjust the management and registration of local vehicles. The project is expected to be piloted in Hanoi, Ho Chi Minh City, the northern city of Hai Phong, Da Nang City in the central region, and Can Tho City in the Mekong Delta, Col. Duc said. Other localities will also be able to carry out the auction based on their requests, the police official added. The numbers that will be eligible for the bidding fall into such categories as having three to five identical digits, having digits in an ascending order, or personalized numbers, namely owners’ dates of birth. A car with a desirable license plate number in District 1, Ho Chi Minh City. Photo: Tuoi Tre In accordance with the attached rules, each license plate number can only be used on one vehicle and shall not be resold or transferred to another owner after the auction, Col…. [Read full story]
The Ministry of Transport has submitted a draft plan to the government to expand the overloaded Tan Son Nhat International Airport. The Ministry of Transport has submitted a draft plan to the government to expand the overloaded Tan Son Nhat International Airport. The plan includes building T4, a new terminal to increase the aerodrome’s capacity to between 43 million and 45 million passengers a year from the current 28 million. The existing two runways, currently 365m apart and capable of serving large aircraft including the Boeing 787 and Airbus A350, will be maintained with only new taxiways added, according to…... [read more]
Inspectors from Vietnam's Ministry of Public Security are investigating allegations that three luxury cars here, including two that cost over US$1 million each, are carrying the same license plate number, an official has told Thanh Nien. According to Nguyen Kim Hai, who is in charge of the traffic control division under the ministry's road and railway traffic police department, when three cars have the same license plate, "surely" at least two of them are using fake plates. Earlier it was reported on a couple of newswires and car forums that a black Rolls-Royce Phantom Ghost, a Rolls-Royce Phantom Year of the Dragon 2012,…... [read more]
VAMC seeks approval for bad debt auction centerHong Phuc By Hong Phuc - The Saigon Times Daily HCMC – Vietnam Asset Management Company (VAMC) has plans to establish a bad debt auction center acting as the cornerstone for ushering in an official debt trading market in the country. VAMC has sent its petition to the Government. It has plans to build an information technology (IT) system for the center to facilitate bad debt monitoring and management, a source told the Daily. Initially, the center will offer debts and assets with a total book value of VND150-200 trillion. The center will…... [read more]
The Vietnamese Ministry of Culture, Sports and Tourism is seeking approval from the government to sign an agreement on tourism cooperation with the Republic of South Africa. South Africa has become one of key trade partners of Vietnam in recent times. The countries want to boost ties in all fields, especially tourism, the Vietnam National Administration of Tourism (VNAT) said on its website Dec 18. "Vietnam and South Arica have big tourism potentials. However, the nations have not effectively tapped them. An official agreement will spur the bilateral tourism ties," an official from the VNAT said. If the agreement is…... [read more]
The targeted groups are those to build hospitals and waste treatment plants, the MPI said in the latest draft on the PPP regulation. Earlier, the MPI has proposed the prime minister to pilot the PPP form for seven project groups, including roads, tunnels and bridges; railways; urban transport systems; seaports, airport and river ports; clean water supply systems and power plants. These infrastructure projects are required to have big scale, meet urgent demand for the national economic development. Weak infrastructure is among Vietnam's bottlenecks in attracting foreign investors, analysts said, emphasizing the necessity and efficiency of the PPP model as…... [read more]
