Airport expansion plan offers long-term investment appeal 08:00 | 12/03/2021
While the race to seek permission for new airports in the country remains controversial, Vietnamâs future aviation development plan by 2050 is expected to create fresh opportunities for private investors to join.
Some provinces believe they will require much stronger airport infrastructure for the next decade and beyond. Photo: Duc Thanh
A number of proposals by cities and provinces to build an airport have been announced. On February 25, the Peopleâs Committee of the southern province of Binh Phuoc proposed to the Ministry of Transport (MoT) to have Binh Phuoc airport included in the national planning on airport development for 2021-2030, with a vision towards 2050.
Vietnam needs to build hub airports Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
06/03/2021 10:26 GMT+7
Vietnam’s is considered as one of the fastest growing aviation markets in Asia.
Vietnam should invest in hub airports in terms of scale and capacity instead of massively building ones, according to the Civil Aviation Authority of Vietnam (CAAV)’s proposal on its draft plan on the development of the national airport system by 2030, with a vision to 2050.
Vietnam needs to build hub airports. Photo: Vietnam Airlines
Deputy Minister of Transport Le Anh Tuan said some airports are currently operating beyond the designed capacity, many of their items have not been upgraded, especially, no airport has been qualified in the international large hub category.
When the flag of institutional reform is raised Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
05/03/2021 06:00 GMT+7
Institutional reform and improving the business environment reflect the Government s enduring determination over the years, benefiting people and businesses.
Prime Minister Nguyen Xuan Phuc and Minister of Industry and Trade Tran Tuan Anh at a conference to review the work of the industry and trade sector in 2020.
Mr. Nguyen Quoc Dung, Head of Business Department, Electricity Vietnam group (EVN) still remembers the bad feeling of a few years ago.
At that time, the electricity access index of Vietnam ranked 156 out of 170, the lowest in the world. “I was shocked and didn t understand why. We tried to do well but were underestimated by the world,” recalled Dung.
The report of the 12th Party Central Committee on documents submitted to the 13th Party Congress presented by Party Secretary General and State President Nguyen Phu Trong outlined strategic development issues of the country over the coming years.
High-tech park incentives under review 17:04 | 02/03/2021
Despite enjoying special incentives, foreign investment flows into Hoa Lac High-tech Park are yet to meet expectations â and possible moves to align all such parks with the same policies will only increase the competition between them as they try to persuade investors to pour money into  digital transformation ventures.
The countryâs three high-tech parks still have plenty of space to fill for new projects. Photo: Le Toan
Hoa Lac High-tech Park (HHTP) is now surrounded with complete infrastructure and favourable transport links which were expected to be an important factor for investment attraction. According to the parkâs Management Board, it attracted six projects with total investment of about VND9 trillion ($391 million) in 2020, including one foreign and five domestically-owned. They focus on research and development, manufacturing, and high-tech pharmacy.