DRAFT LAW TO GLOBALISE LOGISTICS AREAS
Vietnam might, for the first time, allow 100 per cent foreign-invested firms in three logistics service areas, paving the way for an influx of foreign investment capital in the sector.
BETTER MANAGEMENT OF BOT, BT PROJECTS NEEDED: INSPECTORATE
The Government Inspectorate has found irregularities in the management of BOT (Build-Operate-Transfer) and BT (Build-Transfer) projects in HCM City, including the use of inappropriate contractors.
AIRPORT SERVICE FEES TO INCREASE FROM OCTOBER
Airline passengers will have to pay more for tickets starting October 1 when the Ministry of Transport starts applying increased airport service charges to cover investment costs of the airport system and raise service quality. However, the extent of the increase is not expected to be significant and airlines will still offer reduced price tickets.
INVESTMENT OPPORTUNITIES IN LOGISTICS SERVICES
In spite of holding numerous advantages for strong development of logistics industry, Vietnam's logistics growth is still very modest. In early 2017, the Prime Minister of Vietnam issued Decision 200/QD-TTg with a view to increasing the share of logistics services to GDP to 8 - 10 per cent in 2025, four times more than now.
ĐỒNG NAI HALTS CONSTRUCTION LICENSING
The People’s Committee of Đồng Nai Province has suspended the licensing of construction projects in residential areas around the planned Long Thành International Airport in an effort to prevent speculation and higher land prices.
CONSTRUCTION MINISTRY TO REVALUATE UNLICENSED BUILDINGS
Unlicensed buildings could be revaluated and might not be demolished, provided they can meet the required standards with further planning and development, said Le Quang Hung, deputy construction minister.
CUSTOMS CLEARANCE FOR HCMC IMPORTERS ALLOWED AT ICDS
Importers of goods subject to customs procedures at the port of entry have been given the green light to complete their customs clearance at inland container depots (ICD) of Phuoc Long Port Co Ltd, according to the latest dispatch of the General Department of Vietnam Customs.
HAU GIANG TO BUILD VND1.5 TRILLION LOGISTICS CENTRE
The Mekong Delta province of Hau Giang plans to build a logistics centre at a cost of over VND1.5 trillion (US$66.03 million), aiming to reduce logistics cost in the region and improve competitiveness of regional products in both domestic and foreign markets.
