About ring road

The project with a five-year construction period would be seen as gauge of the city's leadership and credibility. Hanoi identifies the success of the US$3.7-billion Ring road No.4 project as the pride of the city, which requires the utmost effort from every department and unit to ensure the best head start possible. Secretary of the Hanoi Party Committee Dinh Tien Dung. Photos: Thanh Hai Hanoi Party Committee Secretary Dinh Tien Dung gave the remarks at a meeting discussing the construction of the Ring road No.4 project connecting Hanoi and nearby provinces/cities. The project with an estimated investment capital of VND85.8 trillion (US$3.7 billion) received a go-ahead from the National Assembly last week and is slated for completion by 2027. With a total length of 112.8 kilometers, the Ring road would run through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers). At the meeting, delegates stressed the significance of … [Read more...] about Success of US$3.7-billion ring road project is Hanoi’s pride: City Party chief

Ring Road No.3 project as requested by the Prime Minister. This taskforce will supervise critical matters like technical issues, construction materials, compensation policies. It will hold meetings when there is a need for cooperation between localities and ministries or among localities. HCMC is planning to also form a project management committee, aiming at immediately addressing problems during the implementation of sub-projects in the city. Its steering committee is responsible for administering and instantly handling arisen trouble when the project is being carried out, especially those related to land clearance compensation. Chairman Mai also asked for the cooperation among the HCMC departments of Transport, Natural Resources & Environment, Planning & Architecture to develop a detailed plan for the meeting to officially launch Ring Road No.3 construction project by July 1, 2022; and requested HCMC Natural Resources & Environment Department to prepare a detailed … [Read more...] about HCMC forms taskforces for Ring Road No.3 construction project

Ring road plan to transform market - Illustrative photo (Source: VNA) The government has asked the National Assembly (NA) to consider and decide on the policy for investing in the ring roads to be located in the country’s two biggest cities. Tran The Anh, sales director of Thang Loi Group, said that the land fund in inner cities is increasingly exhausted and prices are high, with investors turning to suburban real estate. “There is a thirst for houses for those living and working in Ho Chi Minh City in particular,” The Anh said. “The shifting trend of investors and individual financiers is also creating a new vitality for the real estate market in the suburbs.” One of the issues discussed by NA delegates and experts is how to exploit the land fund around the two ring roads, which will soar in value. Already in many places, the price of land in the area has increased dozens of times over. “Because the two routes will open up a vast land fund, the management of auctions of … [Read more...] about Ring road plan to transform market

Chairwoman of the HCMC People’s Council Nguyen Thi Le (2nd, L) meets voters in Hoc Mon District. (Photo: SGGP) The voters expressed their concern over the education sector’s problems of textbook management, regulating history as a compulsory subject in high schools; reduction of petrol price; preventing and fighting corruption; inspection and supervision of the selection and appointment of cadres; moral education for young people; land in the plan failure areas; and upgrading roads. Chairwoman of the HCMC People’s Council Nguyen Thi Le speaks at the meeting. (Photo: SGGP) Chairwoman of the HCMC People’s Council Nguyen Thi Le extended her sincere thanks to citizens for their opinions and suggestions on the city’s development. She stressed that the approval for the construction project of Ring Road No.3 which will run through Hoc Mon with a section of 10 kilometers is not only a joy for the district, but also for HCMC and the country. If the project is implemented … [Read more...] about Ring Road 3 to benefit the whole region: HCMC leader

Under the traffic connection plan, Tan Cang - Cat Lai container terminal holds 85 percent of import and export container volume in the Southern region and 50 percent of import and export container volume in the country. The port is at risk of overload due to the high number of containers, heavy traffic congestion on the roads around the port. As of present, HCMC has completed the construction project of a new road linking the port system of Cat Lai-Phu Huu with the HCMC-Long Thanh-Dau Giay expressway and the Ring Road No.3. The street aims to serve for goods transportation and reduce traffic congestion on Nguyen Thi Dinh, Dong Van Cong and Nguyen Duy Trinh roads. The 60-meter wide road with a design speed of 60km/h has 12 lanes and length of six kilometers, departing from Nguyen Thi Dinh, running through Ong Nhieu and Ba Cua canals and ending at the Ring Road No.3. By Thanh Hai – Translated by Kim Khanh … [Read more...] about HCMC proposes construction project of road linking Cat Lai port with expressway

Culture and the people are the aim, foundation and motivation for Hanoi’s socio-economic development. Rapid and sustainable development of Hanoi would serve as the growth engine for the Red River delta, the northern key economic zone, and the country toward prosperity. Overview of the conference. Photos: Viet Thanh Secretary of the Hanoi Party Committee Dinh Tien Dung gave the remarks during a conference held today [June 22] to discuss the implementation of Politburo’s Resolution No.15 on the vision and objectives for Hanoi’s development until 2030, with a vision to 2045. According to Dung, during every phase of development, the Politburo has set an objective for Hanoi to fulfill its role as the country’s political-administrative hub, as well as the economic, cultural, educational, scientific, technological and global integration center. “Resolution No.15 is the latest step to ensure Hanoi realizes its potential and strategic roles in the country’s … [Read more...] about Hanoi determined to become an engine for the nation’s prosperity

The city’s authorities would continue to create favorable conditions for South Korean companies' projects, including those of Daewoo E&C, especially in culture, education, economy, and trade. Hanoi expects to become the destination for more high-quality FDI projects from Daewoo E&C that are in line with the city’s vision for development. Vice-Chairman of the Hanoi People’s Committee Le Hong Son (R) and Daewoo E&C’s President Jung Won Ju. Photo: Cam Anh Vice-Chairman of the Hanoi People’s Committee Le Hong Son stressed the view in a meeting with Daewoo E&C’s President Jung Won Ju today [June 22]. According to Son, the long-standing presence of Daewoo in Vietnam with its high-quality products and services left a good impression on the Vietnamese people. “Daewoo’s operation has contributed to the transformation of the city, raising living standards, and creating jobs for the locals,” Son said. Son added the city’s authorities would continue … [Read more...] about Hanoi expects high-quality investment projects from Daewoo E&C

Logistics chances get off ground in Danang As a business that provides services connected to warehousing, land, and transportation with more than 200 trucks serving the inner city network and outside major cities, MTV ITL Logistics Danang held a groundbreaking ceremony in March for the building of the ITL Logistics Danang Centre. This project, located at Hoa Khanh Industrial Zone (IZ), is being built over 31,000 square metres with the total investment of $8.6 million. It will feature a standard factory system for lease; a warehouse system and shared infrastructure; a packing area for storing goods; and Grade-A standards for service quality with seven storeys of storage shelves. The centre will be a green distribution hub for Vietnam that utilises solar energy for industrial manufacturing. According to Danang Hi-Tech Park and Industrial Zones Management Authority, the centre aims to establish a logistics supply chain for the central region. Dang Nam Son, deputy director of … [Read more...] about Logistics chances get off ground in Danang

The main goal is for Hanoi to achieve the highest possible disbursement rate during the last six months of 2022, with the city continues focusing on addressing the concerns of districts and wards in public investment. Hanoi’s authorities identify the realization of the public investment target in 2022 as a key priority for socio-economic development, according to Director of the Hanoi’s Department of Planning and Investment Do Anh Tuan. A corner of Hanoi. Photo: Pham Hung/ The Hanoi Times In 2022, Hanoi allocated a total of over VND51 trillion (US$2.2 billion) in public investment, of which VND34 trillion ($1.46 billion) are for city-level projects and VND16 trillion ($688 million) for district-level ones. An estimate of VND10.2 trillion ($443.2 million) would be assigned to rural and urban districts for developing their respective infrastructure projects, including the construction of new schools, upgrading healthcare facilities, and preserving historical … [Read more...] about Hanoi identifies public investment central to economic recovery

Seafood processing for export to the US market. (Photo: SGGP) If this recovery pace continues, the economic status of the city for the last 6 months this year is truly promising, turning completely back to the time before the Covid-19 outbreak. This means the estimated growth rate of 6-7 percent for 2022 compared to 2019 and 2020 can be fulfilled. Experts in the field, however, have always raised the question whether it is possible to reach a higher goal when may supporting policies are in effect. Statistics from the aspects of public investment, public resource mobilization, construction, and real estates reveal a decrease of 10 percent compared to this time previous years, meaning certain ineffectiveness in addressing existing economic issues. In addition, the administrative reform has been initiated but the results are not as expected when HCMC is only in the average group. This has asked for a long-term campaign to create good habits in public services. In the next 6 … [Read more...] about HCMC enjoying great achievements in economic recovery