Category: Vietnam

Hanoi housing prices keep rising on low supply, inflation fears Housing prices in Hanoi rose the most in five years, driven up by limited supply and the specter of inflation. According to leading property consultancy CBRE, the average price of a new apartment increased by 13 percent to US$1,655 per square meter. In the secondary […]

Vietnam’s longest expressway connecting the Van Don Economic Zone and Mong Cai Town in northern Quang Ninh Province nears completion An expressway connecting the Van Don Economic Zone and Mong Cai Town in northern Quang Ninh Province is expected to be completed in the second quarter this year reports VN Express. Van Don – Mong […]

Ho Chi Minh City’s Tan Son Nhat airport upgrade delayed The Transport Ministry has criticized the management board and contractors of a project to upgrade Ho Chi Minh City’s Tan Son Nhat airport which has fallen behind schedule. The repair and upgrade of the 25R/07L runway, three kilometers long and 46 meters wide, was started […]

Consultant for HCMC’s 2nd metro line ends contract over fee dispute The consultant for HCMC’s metro line No. 2 has pulled out after negotiations to increase its fee and sign a fresh contract failed. The consortium of three German companies and a Swiss and Vietnamese company said it has ended the independent consultant (IC) agreement […]

Vietnam begins builds of $175 mln waste-to-energy plant in Hanoi’s Son Tay Town Hanoi on Wednesday began construction on a VND4 trillion ($175.1 million) waste-to-energy plant in Son Tay Town. The Seraphin waste-to-energy plant at the Xuan Son solid waste treatment facility, to be funded by multiple sources, will have a treatment capacity of 1,500-2,000 […]

Construction commences on passenger terminal of Vietnam’s biggest airport, HCMC’s Long Thanh airport After more than a month of leveling ground for the Long Thanh airport project, contractors have progressed on to the passenger terminal. The project’s investor, the Airports Corporation of Vietnam (ACV), started work on the terminal on Wednesday. The phase will start […]

Work starts on major Mekong Delta Rach Mieu 2 Bridge connecting Vietnam’s Tien Giang and Ben Tre provinces A groundbreaking ceremony was held Tuesday to start work on Rach Mieu 2 Bridge that will connect Tien Giang and Ben Tre provinces in the Mekong Delta. Costing VND5.2 trillion ($228.6 million), the bridge crosses the Tien […]

Light rail transit to link Vietnam’s HCMC Thu Duc City with the Long Thanh International Airport A light rail transit route will link the Thu Thiem New Urban Area in HCMC’s Thu Duc City with the Long Thanh International Airport that is under construction. Deputy Prime Minister Le Van Thanh Wednesday asked the Ministry of […]

Vietnam’s new Da Nang tunnel opens to ease traffic to city’s airport A new tunnel opened in downtown Da Nang on Monday after two years of construction to reduce traffic congestion to and from the city’s airport. The tunnel with skylights runs 950 meters long below Duy Tan Street from the intersection of Duy Tan […]

Hanoi prepares funding for new metro 8.7 kilometers section underground to connect Hanoi Railway Station with the southern Hoang Mai District Prime Minister Pham Minh Chinh has approved technical assistant funding for a new metro section in Hanoi. The technical assistance project will cost $15 million, including $12.6 million of non-refundable aid from the Asian […]