Client’s information Instruction
Name
MM slash DD slash YYYY
Time
:

Guidance:
The consultation will help VN-BIS better understand the requirements of customers. We will discuss to dive deeper into your expectation to provide the most appropriate and optimal service for your investment in Vietnam.

For more convenience in arranging work and best support, please book a consultation appointment with VN-BIS’s customer service department in advance.

For meeting online

  • Please join your Zoom session via the links sent in your confirmation email and notify the VN-BIS consultant at least 10 minutes before your session.

Note: For the appointment booking service, the customer care staff of VN-BIS will call back within four working hours (office hours) to confirm the appointment. In case the customer would like to change the meeting, please contact us via email or hotline to choose a suitable time.
Please notify cancellation if you cannot arrive on time.

How can I help you?
  • News
  • News in Vietnam
  • 27 September 2021

Many key projects stopped due to strict implementation distance

Share
Share

The Thu Thiem 2 bridge project, the overpass in front of the new Mien Dong bus station, the underground tunnel on Nguyen Van Linh – Nguyen Huu Tho street are temporarily suspended or in moderation when Directive 16 is required to be strictly implemented.

The above information was recorded by the Ho Chi Minh City Department of Statistics and said that “August 2021 is the month that construction projects face many difficulties because the city continues to strengthen the implementation of Directive 16, very few projects have eligible for “3 on-site” to continue construction.

At the same time, the price of construction materials increased, which delayed the bidding and selection of contractors. Some concrete manufacturers have temporarily suspended operations due to the COVID-19 epidemic, significantly affecting the supply of raw materials for works.

Therefore, many key construction projects face many difficulties.

Specifically, the metro railway line No. 1 Ben Thanh – Suoi Tien only executes the package of Ben Thanh station because the contractor meets the conditions to apply Directive 16.

In general, the volume of the whole route has reached over 88% so far. The project was initially planned to be put into operation by the end of this year, but due to the epidemic’s impact, it moved to mid-2022.

The Thu Thiem 2 bridge project connecting District 1 with Thu Duc City faced difficulties due to the temporary shutdown of concrete factories. Therefore, the construction is only in moderation, reaching over 70% of the progress, and is expected to meet the demand by the end of the third quarter of 2021.

The Ho Chi Minh City Department of Statistics also said that many production and business activities had to be suspended, which greatly affected investors’ psychology.

Therefore, the number of new licenses and registered capital of enterprises in the first 15 days of August 2021 reached a shallow level: only 265 enterprises were established with registered capital of VND 6,646 billion, down 85.5% compared with the same period last year, the same amount of money also decreased by 95.4%.