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Four major roads in HCMC’s Go Vap District that are deteriorating, frequently flooded and overwhelmed by a huge traffic volume could be expanded at a total cost of nearly VND5.9 trillion.

More than VND638 trillion in public investment capital for this year has been allocated, reaching over 90% of the target set by the Prime Minister, according to a Ministry of Finance report.

The HCMC Department of Transport has proposed developing six projects to widen and upgrade existing roads under the build-operate-transfer (BOT) format with a total cost of VND100 trillion.

Vietnam posted a trade surplus of US$3.6 billion in January, showed data of the General Statistics Office.

New foreign direct investment (FDI) approvals had totaled US$1.69 billion in the year till January 20, down 19.8% over the same period last year, according to the General Statistics Office.

Vietnam’s Consumer Price Index (CPI) in January edged up 0.52% month-on-month, according to the General Statistics Office.

Around 145,000 travelers are expected to pass through the Tan Son Nhat International Airport in HCMC on January 26, the fifth day of the Lunar New Year (Tet) and the final day of the Tet holiday.

The eight-day Nguyen Hue Flower Street 2023 exhibition closed on January 26, the fifth day of the first lunar month, with over 1.2 million Tet revelers visiting.

Vietnam welcomed many international flights and cruise ships transporting hundreds of passengers on January 22 and 23, the first two days of the Year of the Cat.

Fresh foreign investment approvals in Vietnam are expected to reach between US$36 billion and US$38 billion this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

HCMC looks to either break ground on or complete multiple major traffic infrastructure projects this year, according to the municipal Department of Transport.

Vietnam Airlines (VNA) has announced to add 108 more flights with nearly 20,000 seats to satisfy the huge air travel demand during the Lunar New Year holiday (Tet).

Luong Minh Tu, 43, director of the 60-04D auto inspection and testing center in the southern province of Dong Nai, and 10 others have been charged with taking tens of billions of dong in bribes.

The State Bank of Vietnam (SBV) will cap credit growth at 14-15% this year to maintain macroeconomic stability and boost economic growth.

Vice State President Vo Thi Anh Xuan now serves as acting State President after the 15th National Assembly, at its third extraordinary session in Hanoi yesterday afternoon, discharged Nguyen Xuan Phuc from the post of State President of Vietnam.

The 13th Party Central Committee (PCC) today agreed to let State President Nguyen Xuan Phuc quit as member of the Politburo and of the PCC, the Vietnam News Agency reported.

Four vehicle inspection and registration centers in HCMC, which are among those being forced to shut down while under a police investigation, have been cleared to reopen yesterday, to meet the demand of auto owners ahead of the Lunar New Year holiday.

Prime Minister Pham Minh Chinh has told the Ministry of Transport to complete the construction of 3,000 kilometers of expressway by 2025.

Tough inspection and screening procedures have hindered the rollout of a financial aid package with an interest rate discount of two percentage points, the Ministry of Finance said.

Vietnamese passports have risen four places to 88th on the Henley Passport Index, which ranks the passport power based on the total number of visa-free or visa-on-arrival destinations available to holders worldwide.

HCMC – The Government is working toward stabilizing macroeconomic conditions, curbing inflation and spurring growth this year, with a focus on restructuring the securities and real estate markets.

Prime Minister Pham Minh Chinh arrived in Vientiane yesterday for his official visit to Laos at the invitation of his Lao counterpart Sonexay Siphandone.

Vietnam’s wood exporting firms will encounter challenges in shipping their products to the European Union (EU) market when the EU’s new regulations banning the import of agro-products linked to deforestation are approved in the coming time.

The Department for Roads of Vietnam has informed the Ministry of Transport of its decision to suspend toll collection this Friday, from 7 a.m., on National Highway 51 which links Dong Nai and Ba Ria-Vung Tau provinces, reported the local media.

XBB, a new Omicron subvariant, has been found in HCMC and neighboring Tay Ninh Province.