HCM City targets completion of many transport projects in 2020

Ho Chi Minh City's authorities are planning to complete or start key transport infrastructure projects this year in an aim to reduce traffic congestion and develop connections between the city and neighbouring provinces.
HCM City targets completion of many transport projects in 2020 ảnh 1Many transport projects in Ho Chi Minh City that will be completed or will start construction this year are expected to ease traffic congestion and contribute to the development of the city. (Photo tuoitre.vn)

HCM City (VNA)
- Ho Chi Minh City's authorities are planning to complete or start key transportinfrastructure projects this year in an aim to reduce trafficcongestion and develop connections between the city and neighbouring provinces.

Luong Minh Phuc, Director of the city's Management Board for Traffic WorksConstruction and Investment, said the city is expected to complete 29traffic projects and start construction for 27 new traffic projects thisyear.

According to the city’s Department of Transport, the city plans to putinto use 81km of new roads and 18 bridges this year. 

In particular, the An Suong tunnel at An Suong intersection in District 12 willbe completed in June. The project is expected to reduce trafficcongestion in the northern area of the city.

In addition, the Thu Thiem Bridge No 2 project is slated to be put intouse in the third quarter of the year. The bridge will shortenthe travel time from District 1 to District 2 and help ease congestionon Ton Duc Thang and Nguyen Huu Canh streets.

Nguyen Vinh Ninh, deputy director of the city’s transport project managementboard, said that a contractor for Hoang Hoa Tham and Cong Hoastreet expansion projects had been selected.

Both projects will be kicked off in the second and third quarters of this year,according to the People’s Committee of Tan Binh district. They areexpected to help reduce traffic congestion in areas near Tan Son NhatInternational Airport.

Traffic connections between HCM City and neighbouring provinces play animportant role in the economic development of the southern area. Sincetraffic congestion is the main cause for the high costs of transportinggoods between the city and provinces, the HCM City authority plans tocomplete the belt road No 2 linking provinces and cities this year.

Tran Quang Lam, director of the city’s Transport Department,said priority would be given to belt road, highway, and urban railwayprojects. If projects are completed, traffic congestion will be easedand city development will be strengthened./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.