tk88 bet

HCM City lacks capital for transport infrastructure

Ho Chi Minh City needs more investment capital for transport infrastructure development, according to the city’s transport department.
HCM City lacks capital for transport infrastructure ảnh 1The Hanoi - Hai Phong highway is among new and modern transport works of Vietnam. (Source: VNA)

HCM City (VNA) – Ho Chi Minh City needs moreinvestment capital for transport infrastructure development, according to thecity’s transport department.

Investment for urban transport infrastructure for last yearwas modest and below the needs of the biggest city of the country, thedepartment said in its report on Sai Gon Giai Phong (Liberated Saigon)newspaper on December 11.

In 2016-2020, demand for investment capital for transportinfrastructure was estimated at about 500 trillion VND (22 billion USD).

But the city had allocated 21.6 trillion VND (951 million USD)for 2016 and 2017, and about 41 trillion VND (1.8 billion USD) for the nextthree years.  It means the total capital the city has allocated for the5-year period is 61 trillion VND, about 10 percent of demand. 

According to figures released by the department, some22,300ha of land has been approved for transport infrastructure development,but only 7,800ha is being used currently.

The total length of roads in the city was about 4,155km,equivalent to 1.98km of road per sq.km of city area. However, urbanconstruction standards dictate the percentage range from 10 to 13.3km of roadper sq.km of city area.

The city is also short of car parking areas while moreprivate vehicles enter the roads every year. This has led to the roads beingused for parking, causing traffic jams.

At present, parking areas for public busses and taxi cabstotals 29.9ha, just 37 percent compared to the plan.

The city also lacks funds to build new roads and bridges.

According to the department, the city has more than 1,000bridges but many have small capacities.

Many bridges in the city are also too old, with Phu LongBridge built in 1913 and linking District 12 to the neighbouring province of BinhDuong, crowded day and night.

The bridge is accessible for under-eight tonne cars andtwo-wheeled vehicles only.

The city also has to pay for 24-hour patrol services on theold bridges which are still in use.-VNA
VNA

See more

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

🌞 Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
Pharmaceutical production at a company in Vietnam. (Photo: VNA)

🦂 Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

꧋ Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

ཧ OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|