The city has improved its drainage system. Large projects to revitalize the urban landscape and improve the water environment have proved their effectiveness, such as a project to improve the water environment in the Nhieu Loc-Thi Nghe and Tan Hoa-Lo Gom canals. … [Read more...] about A quarter of HCMC at risk of being flooded in late 21st century
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Industrial land rents in north rise to new peak
It was 7.1 percent higher year-on-year as most industrial park developers in the north maintained strong bargaining power thanks to Vietnam’s potential as one of the most sustainable manufacturing hubs, according to a report by Jones Lang LaSalle (JLL). … [Read more...] about Industrial land rents in north rise to new peak
HCMC, Hanoi office markets insulated from pandemic impacts
Hanoi is expected to remain among the nation’s top five localities in attracting foreign direct investment in the near future and therefore demand for office space will remain high, especially among the e-commerce, finance, banking, logistics and information technology sectors, he added. … [Read more...] about HCMC, Hanoi office markets insulated from pandemic impacts
BOT projects collect toll of more than US$545 mln in 2020
In particular, the toll revenue through 62 BOT stations remained stable in the first, third and fourth quarters. As for the second quarter, due to the impact of the Covid-19 pandemic outbreak along with loosening social distancing, toll revenue declined significantly. Currently, toll collection for eight BOT projects are temporarily suspended, including road bypassing project of Cai Lay Town and upgraded road surface project at section Km1987+560-Km2014+000 in Tien Giang Province under form of BOT contract. Two enterprises of 1K National Highway Improvement and Upgrade Project through Dong Nai and Binh Duong provinces and the National Highway No.2 Improvement and Upgrade Project at section of Noi Bai- Vinh Yen have not reported the last month's revenue in advance the collection suspension. Besides, the enterprises of Investment and Construction Project of Hoa Lac- Hoa Binh road, the Improvement and Upgrade Project of National Highway No. 6 at a section of Xuan … [Read more...] about BOT projects collect toll of more than US$545 mln in 2020
Vietnam’s internet economy expected to hit US$43 billion by 2025
Tech investors have chosen Vietnam as their investment destination as they see better opportunities here than in other markets. In addition, they recognize the other favorable conditions such as macro factors, demographics and great growth potential owning to the rapid increase in consumption and undervaluation during the pandemic. … [Read more...] about Vietnam’s internet economy expected to hit US$43 billion by 2025
