The northern port city of Hai Phong will no longer accept investments for projects with capital of less than US$1 million, or with technologies manufactured before 2000, according to a newly-issued decision by the Hai Phong People's Committee.
Saigontourist Travel Services (Saigontourist) on March 1 received 800 cruise passengers and crew members of the Portuguese cruise ship Athena, raising the number of cruise travellers received by the company so far this year to over 14,000.
Construction will begin next month on a 220-km long coastal road in the Mekong Delta as part of an international highway linking the country with Cambodia and Thailand, according to the project's management board.
Barcelona-based terminal group TCB has signed an agreement with the Vietnamese Tan Thuan Industrial Promotion Company (IPC) to build a container terminal at Hiep Phuoc Industrial Port, which is located to the south of Ho Chi Minh City. Investment will be in the order of US$235M.
The People's Committee of Ho Chi Minh City and the municipal Department of Transport yesterday started the construction of the new Rach Tra bridge to replace the seriously degraded old Rach Tra bridge.