Hanoi appeals for Italian investment in infrastructure projects
Chairman of the Hanoi People’s Committee Nguyen Duc Chung has invited Italian investors to the capital city, saying that Hanoi is looking for promising and established investors.
Chairman of the Hanoi People’s Committee Nguyen Duc Chung (R) and Italian Ambassador Cecilia Piccioni (Source: baodautu.vn)
Hanoi (VNA) – Chairman of the Hanoi People’s Committee Nguyen Duc Chung has invited Italian investors to the capital city, saying that Hanoi is looking for promising and 𒊎established investors for its urban infrastructure development projects, the💖 Ha Noi Moi daily reported.
At a reception on March 28 for Italian Ambassador Cecilia Piccioni and Nicola Colella, Business Development Manager Far East of Italy’s Astaldi Group, Chairman Chung informed the guests that urban infrastructure development is one of the city’s major tasks for 2016-2020 and beyond.
He noted that Hanoi will soon announce 52 projects which need total investment of about 20 billion USD, including urban railways, four bridges across the Hong (Red) River, dykes along the Red River and various belt roads and axis roads.
The official also suggested Italy assist the capital city in restoring and preserving its ancient houses as well as historical, cultural and tourism sites in the locality.
In reply, Nicola Colella said his company is interested in the city’s elevated railway project and will explore this project as well as other investment possibilities in Hanoi.
ASTALDI is an international construction group with a leading position in Italy and ranked, by revenue, among the top 100 International Contractors .-VNA
Seven urgent transport projects funded by official development assistance will receive capital injections totalling 2-2.5 trillion VND (95-119 million USD) in 2014’s first round of advancing reciprocal capital for projects, probably soon after April 30, the Vietnam Investment Review (VIR) reported on April 15.
The Hanoi Department of Transport works to reduce the number of buses on roads where construction sites are located, to ease traffic congestion during rush hours, from November 14.
Hanoi’s Construction Department has announced upcoming real estate projects that have been approved for sale in the market and are being funded by 26 investors.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Chairman of the Hanoi People’s Committee Nguyen Duc Chung (R) and Italian Ambassador Cecilia Piccioni (Source: baodautu.vn)
