Vu Yen 1 Bridge in the northern port city of Hai Phong was inaugurated on May 1.
At the
inauguration ceremony
The four-lane bridge spans the two banks of the Ruot Lon
River, connecting the
Vietnam-Singapore Industrial Park (VSIP) and Vu Yen Island, and has a total
length of 636 metres.
The bridge was built by Vingroup with
100% of its capital mobilised from socialisation sources and is expected to
facilitate the city’s transport network as well as promote local socio-economic
development.
The bridge is equipped with a modern LED
lighting system.
The construction of the bridge got underway in
October, 2017 and was completed on the occasion of the 43rd anniversary of the
Liberation of the South and National Reunification (April 30, 1975-2018) and of
May Day (May 1).
Source: NDO
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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