PM Pham Minh Chinh made the suggestion on April 7 night, saying that Vietnam is ready to negotiate with the U.S. for a mutually beneficial agreement.

The US Administration freshly announced a 46% tariff on goods to be imported from Vietnam, effective from April 9.

Minister pays visit to section of North-South Expressway passing through Nghe An and Ha Tinh provinces.

Total investment to increase to $1.48 billion under new proposal from Hanoi People’s Committee.

City changes land use purpose of 1,532 housing projects in the 2016-2022 period.

Progress at two metro projects in Ho Chi Minh City has been slow and both have now sought delays. The completion of Metro Line No. 1, Ben Thanh - Suoi Tien, is now delayed until the fourth quarter of 2023, with the start of construction on Metro Line No. 2, Ben Thanh - Tham Luong, not scheduled as yet and completion now postponed until 2030.

Three of four sub-projects in the first phase of the North-South Expressway project, which were to be completed in 2022, are currently behind schedule. Deputy Prime Minister Le Van Thanh has requested no further delays. Construction contractors and project management boards that do not meet requirements must be replaced immediately.

The steel price has increased 40 per cent this year compared to 2020, pushing up construction costs by 10 per cent. Many contractors have delayed construction while waiting for prices to fall, to avoid financial damage.