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Friday, February 10, 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


Vietnam’s Longest Road to be Built along the Coast

photo courtesy of flickr user barclay alisdairJul. 8 – The country’s longest road will be built from the coast of Quang Ninh until the Xa Xia Border Gate in Kien Giang Province spanning 3,127 kilometers.

The first phase costing VND14.48 trillion will develop a total of 787 kilometers of roads located in economic regions and coastal economic zones until 2020.

According to the Ministry of Transport, 1,800 kilometer of the road will be taken from sections of already existing provincial roads and national highways along coastal areas.

While the additional 481 kilometers will be zoned to provinces and the other 741 kilometer will have road sections built under a plan that will be submitted for the Prime Minister’s approval, reports Vietnam Net.

The new coastal road will be built to make domestic travel easier and will cost a forecast investment capital of VND27.61 trillion.

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