vimc ready to recapture number one position in maritime sector

VIMC ready to recapture number-one position in maritime sector

Through seizing resounded success in key businesses, the Vietnam International Maritime Corporation (VIMC), formerly known as Vinalines, is ready to shorten the journey to recapture the number-one position in the local maritime industry.
renewable energy ventures increasingly in vogue

Renewable energy ventures increasingly in vogue

Businesses are exhibiting a growing appetite towards renewable energy ventures to effectively avail of recent changes to the latest national power development draft plan, as well as burgeoning opportunities on the horizon.
nearly 174 billion needed for vietnams airport network towards 2030

Nearly $17.4 billion needed for Vietnam’s airport network towards 2030

During 2021-2030, the Ministry of Transport proposes building six new airports, bringing the total number of airports countrywide to 28 to serve 283 million passengers.
investments in aviation taking off

Investments in aviation taking off

A new policy offers abundant opportunities for equity investors to step into aviation under the public-private partnership (PPP) model or by securing the right to exploit airports under the management of state-owned Airports Corporation of Vietnam.
proposal tabled to resume stage based normal aviation transport in local routes

Proposal tabled to resume stage-based normal aviation transport in local routes

The Civil Aviation Administration of Vietnam has just submitted a proposal to the Ministry of Transport seeking approval for a plan on resuming conventional aviation transport in pandemic times.
caav proposes higher floor price for local flights

CAAV proposes higher floor price for local flights

The Civil Aviation Administration of Vietnam has submitted a draft circular on the price of air tickets for local passenger transportation.
cienco4 teams up with japanese partner to venture into interior equipment distribution

CIENCO4 teams up with Japanese partner to venture into interior equipment distribution

Civil Engineering Construction Corporation (CIENCO4), a major contractor in the northern construction market, has just announced shaking hands with G.K World Business Investment Co., Ltd. from Japan to establish a company working on the distribution and installation of interior accessories in Vietnam.
sugar firms pick sweet fruits in 2020 2021 fiscal year

Sugar firms pick sweet fruits in 2020-2021 fiscal year

The sugar industry has wrapped up the 2020-2021 fiscal year, with many businesses showing rosy performance.
unprecedented financial scheme proposed for building dong dang tra linh expressway

Unprecedented financial scheme proposed for building Dong Dang-Tra Linh Expressway

Cao Bang People’s Committee has proposed an extraordinary financial mechanism to build one of the most difficult of the 15 priority highway projects during 2021-2025.
corporate bond issuance proposed for building 3800km expressway

Corporate bond issuance proposed for building 3,800km expressway

The goal of building 3,800km of expressways within 10 years, as the top focus of the government's public investment plan, requires a variety of solutions to diversify capital sources due to a finite government budget and increasingly difficult credit access.
con dao airport upgrade proposed to welcome two million passengers a year

Con Dao Airport upgrade proposed to welcome two million passengers a year

A proposal has been forwarded to relevant management authorities, seeking to upgrade Con Dao Airport in the southern province of Ba Ria-Vung Tau to be able to welcome modern Airbus 320 aircraft and increase capacity to two million passengers a year.
different viewpoints about building second airport for hanoi

Different viewpoints about building second airport for Hanoi

There are stark differences between Hanoi People’s Committee and the Ministry of Transport about the proposed planning of Noi Bai International Airport and building Hanoi’s second airport.
khanh hoa wants to build 561 million expressway

Khanh Hoa wants to build $561 million expressway

The People's Committee of Khanh Hoa province in Vietnam’s south-central coast has just submitted Official Letter No. 5919/UBND-XDND to the prime minister proposing the implementation of the Van Phong-Nha Trang project belonging to the Eastern Part of the North-South Highway network.
environment laws detailed overhaul

Environment law’s detailed overhaul

The National Assembly last November passed the revised Law on Environmental Protection which will take effect from January 1, 2022, replacing the old version released in 2014. Lawyers Le Minh Thuy and Nguyen Quang Vu from Venture North Law Ltd. point out some of the notable new sections of the legislation.
key maritime projects stuck in the mud without public funds

Key maritime projects stuck in the mud without public funds

Four urgent maritime projects might need to wait for other sources of funding to get off the drawing board, as the Vietnam Maritime Administration was required to return their funding to the state coffers.