Hanoi is to build the Tran Hung Dao Bridge across the Red River, with a total length of 5.5 km and total investment of nearly VND9 trillion ($393.6 million), in the form of a build-operate-transfer (BOT) project.
Hanoi is extending the timeframe for the payment of budget obligations for businesses and individuals, to ease the difficulties caused by Covid-19. The city has extended the payment time on nearly VND19 trillion ($831.11 million) of taxes and land rentals.
The Vietnam Fatherland Front Committee of Hanoi has presented gifts to 270 foreigners living, studying, or working in Hanoi and facing difficulties due to Covid-19. The total value is VND229.6 million ($13,120).
As of mid-August, only 1,077 out of 3,600 enterprises and production facilities at industrial clusters in Hanoi were still operating. The capital is identifying solutions to help businesses and at the same time reach the goal of focusing on the development of clean, high-tech, and environmentally-friendly industrial production.
Under directions from the Ministry of Finance, the General Department of Taxation, and Hanoi authorities, the Hanoi Department of Taxation has promoted the digitalization of tax management. The Department has introduced a mobile tax app and reviewed 32,100 transactions on delivery apps and 756 landlords to prevent tax losses in e-commerce.
According to the Hanoi Department of Labor, War Invalids and Social Affairs, the city has decided to support nearly 2.4 million people and households grappling with Covid-19. Total funding is nearly VND839 billion ($36.85 million), of which nearly VND676 billion ($29.7 million) will come from the city budget and VND163 billion ($7.16 million) from social capital.
The Hanoi People’s Committee has identified 25 problems relating to the implementation of three groups of investment projects - public investment projects, business investment projects, and public-private partnership (PPP) projects - and brought them to the attention of the special working group reviewing and removing difficulties and obstacles and promoting the implementation of investment projects. Hanoi also proposed solutions to resolve the problems.
The Hanoi People’s Committee has approved detailed planning for the Vietnam Museum of Nature on 38.28ha in Quoc Oai town. It is expected to be the leading nature museum in the region.
According to the Hanoi People’s Committee, as of August 10, the disbursement of public investment capital for development stood at just 23.5 per cent of the 2021 plan. The city will reduce and transfer capital for projects that are behind schedule or unable to disburse all capital this year, and increase capital to projects with high disbursement levels in order to reach the annual goal.
Hanoi has proposed an additional VND500 billion ($21.87 million) be lent to workers in the city through the local Vietnam Bank for Social Policies branch to help restore production and business, support job creation, and overcome the impact of the Covid-19 pandemic. The additional capital is expected to meet about 44 per cent of workers’ capital needs and contribute to the creation of 10,000 jobs.
In order to prevent the spread of Covid-19, the Ministry of Transport (MoT) has sought to limit the number of flights to and from Hanoi’s Noi Bai International Airport, with there to be fewer than two return flights daily between the capital and Ho Chi Minh City, based on actual demand.
Hanoi has set a target that, by 2030, its rate of trained workers will stand at 75-80 per cent of the total, of which vocationally-trained workers with degrees and certificates will reach over 60 per cent and those with information technology skills will reach 90 per cent.
A field hospital with 500 beds is being built under the direction of the Ministry of Health and the Hanoi People’s Committee in Hoang Mai district's Yen So ward to treat severe and critical Covid-19 patients.
More than 1.43 million employees at 87,472 businesses in Hanoi will be subject to a reduction in insurance premiums for occupational accidents and disease, worth about VND643 billion ($28.29 million).
Apple has posted recruitment information for positions in Hanoi and Ho Chi Minh City in the fields of hardware production, systems operation, supply chain management, sales, and business development.
Apartment prices in Hanoi are predicted to increase in the time to come due to a range of factors, such as land prices remaining high after a bout of “land fever”, land price brackets being increased by 15 per cent, construction materials and construction investment costs both rising by about 50 per cent, and project approval procedures taking longer due to legal obstacles, leading to higher costs and greater opportunity cost. Primary sales prices for apartments over the next two years may increase 4-6 per cent.
The Hanoi Department of Transport has permitted six key traffic projects in the capital to continue during the current social distancing period. Contractors assigned by the department have committed to undertaking pandemic prevention measures.
The government approved the construction of a road with a length of about 3.8km connecting Phap Van - Cau Gie expressway with Ring Road No 3 with a total investment of VND2.5 trillion ($108.40 million)