Việt Nam News

All legal procedures, including investment approval, land documentation, feasibility study appraisal, fire safety approval, design validation and contractor selection, were completed in accordance with regulations to ensure the project commenced on schedule.

The People’s Committee of Vĩnh Long Province recently held a ground-breaking ceremony for the Đình Khao Bridge project, while Lâm Đồng Province officially inaugurated the Tân Đức Industrial Park Infrastructure Investment and Business Project in Tân Minh Commune.

This rebound reflects a renewed confidence in the market, with trading volume on the HoSE hitting VNĐ24.14 trillion ($917 million), its highest level in two months and a 29 per cent increase from the previous session.

Those projects mark an important step toward improving regional connectivity and promoting socio-economic development in both the locality and neighbouring regions.

In total, the province broke ground on 26 projects with combined investment capital of about VNĐ383 trillion, while inaugurating five others worth nearly VNĐ7 trillion (US$266 million).

Điện Biên Province has inaugurated three major projects: the Mường Thanh Market and Commercial–Service Complex; the Điện Biên rubber latex processing plant; and a new provincial office complex combined with a production centre for the press, radio and television.

Under the Government’s plan to develop at least one million social housing units nationwide during the 2022-30 period, Bắc Ninh has been assigned a target of approximately 147,100 units.

The People’s Committee of Ninh Bình Province on December 19 held the groundbreaking ceremony for the Minh Châu Industrial Park infrastructure development project in Nghĩa Hưng and Đồng Thịnh communes.

DOJI Group on December 19 officially commenced construction of the Dragon 75 Complex, marking a significant milestone in the Group’s real estate development strategy.

The project is being developed by Vihoce JSC, a company established by the joint venture, and is scheduled for completion in 2030.

Việt Nam has taken another step towards building an international financial centre by setting up a high-level steering council to oversee its development and operations.

Manulife has donated over VNĐ1 billion to help central Viet Nam communities recover from November’s historic floods, supporting relief efforts and speeding financial and insurance assistance to affected families.

Việt Nam Electricity (EVN) on Friday launched and inaugurated a series of major power projects in a coordinated nationwide infrastructure push to mark the upcoming 14th National Congress of the Communist Party.

The port city simultaneously launched and inaugurated 13 projects worth nearly VNĐ20 trillion (US$760 million), contributing to infrastructure upgrades, expanded development space and improved living standards.

Initial products are expected to be launched in 2027, making Hoa Phat the first and only producer in Southeast Asia capable of manufacturing these special steel grades domestically.

The plant will use agricultural and forestry by-products as fuel and is expected to supply about 300 gigawatt-hours of electricity annually once it enters commercial operation in early 2028.

This marks the first time that the entire supply chain of one of Việt Nam’s most prominent industries has been systematised, visualised, and officially published in a structured manner, aiming to promote trade, attract investment, and support sustainable industrial development.

Việt Nam must urgently reform its energy market with transparent pricing and clear regulations to attract the investment needed for double-digit economic growth, industry leaders said.