BÀ RỊA-VŨNG TÀU TO REVOKE DELAYED SEAPORT PROJECTS
Speaking at a meeting on seaport and internal waterway projects held in the province on Tuesday, Quốc told the provincial Department of Planning and Investment to work with investors of the projects that are proceeding slowly and re-evaluate their capacity, and report the results to the committee soon.
PROPERTY MARKET MUST SHIFT TOWARDS LOW-COST HOUSING: CONSTRUCTION MINISTRY
The Ministry of Construction has proposed reforming administrative procedures to create favourable conditions for the development of low-cost, compact social and commercial housing. This is one of the solutions suggested in the ministry’s latest report, submitted to the National Assembly ahead of its May session starting on May 20.
CAI MEP INTERNATIONAL TERMINAL RUNNERS UP IN PERFORMANCE EVALUATION OF ASIA'S CONTAINER PORTS
Cai Mep International Terminal (CMIT) was the runner-up in the performance evaluation of Asia's container ports in 2018. The French shipping company CMA CGM Group, one of the world’s largest shipping company and member of the Ocean Alliance has announced the performance evaluation of Asia's 22 container ports in 2018.
PLAN ON IMPROVING LOGISTICS PERFORMANCE INDEX RATIFIED
The Minister of Industry and Trade has issued a Decision on approving a plan improving Viet Nam’s logistics performance index. The plan aims to improve the ranking of Viet Nam in the Logistics Performance Index (LPI), which is announced by the World Bank from 5-10 steps by 2025 (in 2018, Viet Nam occupied the 39th position in the world in LPI ranking).
LONG AN PROVINCE SEEKS FUNDS FOR TRANSPORT PROJECTS
In addition, the ministry has directed units to carefully inspect and propose investment for projects such as Belt Ring Road No.2 and No.3, and HCM City- Long An- Tiền Giang expressway, which play an important role in socio-economic development of the province and nearby cities.
STATE TO EXPLORE FEE CUTS FOR SHIPPING COMPANIES
The Vietnam Maritime Administration has requested that associations, seaport companies and shipping companies be exempted or allowed to pay reduced service fees for containers stored at seaports for a long time.
US TO APPROVE DIRECT FLIGHTS FROM VIETNAM
The United States’ Federal Aviation Administration (FAA) is expected to grant a Category 1 rating to Vietnam soon, allowing its airlines to fly to the US and codeshare with US carriers, according to the Strait Times.
QUẢNG TRỊ GETS PM APPROVAL FOR $614 MILLION PORT PROJECT
The central province of Quảng Trị is going to build a seaport at a cost of VNĐ14 trillion (US$614 million) at local Mỹ Thủy Beach in an attempt to boost development of the province’s key economic zone.
