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Saturday, February 11, 2012




Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



HO CHI MINH STOCK INDEX (VNINDEX:IND)


HO CHI MINH STOCK INDEX


Longest Cable-Stayed Bridge in Southeast Asia Opens in Vietnam

Photo: VGPApr. 27 – Vietnam inaugurated the longest cable-stayed bridge in the Southeast Asian region on Saturday connecting the Hau River in the Mekong Delta with Can Tho City and Vinh Long Province in southern Vietnam.

The project was completed with the help of a preferential official development assistance for socio-economic development and infrastructure upgrading from the Japan International Cooperation Agency.

It was scheduled to be finished by 2008, but construction was delayed when the bridge collapsed in 2007. The bridge is part of government plans to improve infrastructure in the region with sixteen more bridges planned by 2020.

It will also help ease trade between the financial center and Mekong Delta provinces. Can Tho is the largest city in the Mekong Delta, located 169 kilometers from Ho Chi Minh City. The VND4.84 trillion (US$342.6 million) bridge can accommodate four car lanes and two motorbike lanes.

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This entry was posted in Automotive, Business, Economy and Politics, FDI and Foreign Trade, Ho Chi Minh City, Shipping & Logistics. Bookmark the permalink.

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