The National Power Transmission Corporation under the Electricity of Viet Nam (EVN) has put a new Phu Lam – O Mon 500kV line to test before bringing it into full operation.
The 34.34 km line with a total investment of VND384.2 billion ($19m) was built to transmit power from factories in the south-western region to the national grid. Along with the Nha Be – O Mon 500kV line, the line will help ensure a stable power supply for the region.
Tin Tuc (News)
City to establish special economic zone
The chairman of the HCM City's People's Committee, Le Hoang Quan, asked the planning and investment department to work with the Development Research Institute, the industry and commerce department, the statistics department and other related agencies to draw up a detailed draft to establish a special economic zone.
The zone will cover an area spanning four districts – District 7, Binh Chanh, Nha Be and Can Gio. It will prioritise investments in infrastructure, seaports systems, commerce, service and tourism as well as other manufacturing and business sectors.
Thanh Nien (The Young People)
$473m needed for Cam Lo – La Son road
The HCM City Road Management Unit has submitted a plan to the Ministry of Transport to build a section of the road connecting Quang Tri province's Cam Lo district to Thua Thien Hue province's La Son District.
The 104km-long road in the central province of Thua Thien Hue, which will be built under the standards of a Level III delta road with two lanes and 10m in width, is estimated to cost VND9,937 billion ($473million). It will be executed under the form of both Build-Operate-Transfer and Build-Transfer.
Viet Nam Investment Review (Dau Tu)
Rice exports approach 3m tonnes
Viet Nam has exported a total 2.687 million tonnes of rice so far this year, while Asian countries plan to increase their rice supply from Viet Nam.
According to Huynh The Nang, general director of the Southern Food Corporation 2 (Vinafood 2), after a period of declining orders, many Asian countries have begun returning to the country to seek information for their rice contracts with Viet Nam.
Vinafood 2 has signed a contract to export 200,000 tonnes of rice to Malaysia at a price of $410 per tonne. Viet Nam will also compete with Thailand for contracts with Indonesia and Bangladesh in the latter half of the year.
Tuoi Tre (Youth)