Binh Trieu No2 second phase to cost 88.7 million USD
The Ho Chi Minh City Department of Transport has asked for approval of the city People’s Committee for the Binh Trieu No2 project’s second phase by the HCM City Infrastructure Investment JSC (CII).
Vehicles move along Binh Trieu Bridge (Source: chinhphu.vn)
HCM City (VNA)🍌 - The Ho Chi Minh City Department of Transport has asked for approval of the city People’s Committee for the Binh Trieu No2 project’s second phase by the HCM City Infrastructure Investment Joint Stock Company (CII).
The petition also asks for the department to co-ordinate with the city’s Interdisciplinary Working Group to negotiate the Build-Operate-Transfer contract with CII, along with appraising and ratifying subprojects.
According to CII’s proposal, the subproject No1 will enlarge the existing Ong Dau Bridge with two bridge units on both sides of the existing one, each with 5.25 metres in width and 160 metres in length.
The subproject No4 will enlarge and reverse the War Memorial intersection and build a traffic tunnel toward Xo Viet Nghe Tinh-National Highway 13; reconstruct Chu Van An Road and enlarge other roads connecting the intersection.
The subproject No5 will expand the adjacent Ung Van Khiem Road to 30 metres in width and 1.8 kilometres in length.
Total investment of all construction, including clearance compensation, is estimated to reach more than 1.98 trillion VND (88.7 million USD).
CII will start collecting tolls at toll stations in Binh Trieu 1 and Binh Trieu 2 bridges after enlarging the Ong Dau Bridge and War Memorial intersection.
Return on investment is expected to be reached in 23 years and 9 months.-VNA
HCM City is developing traffic infrastructure on its east to improve transport links with its dynamic neighbouring provinces of Dong Nai, Binh Duong, and Ba Ria – Vung Tau and allow vehicles going past to bypass the city.
The Ho Chi Minh City Department of Transport has called on the private sector to invest in roads and bridges to ease the terrible congestion on the roads.
Ho Chi Minh City has been mobilising funds for 20 transport works since the beginning of the year to ensure faster completion of the projects, with the aim of easing traffic congestion.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Vehicles move along Binh Trieu Bridge (Source: chinhphu.vn)
