Vietnam’s Consumer Price Index (CPI) has risen by 0.88% in August versus July, with year-to-date data indicating a 3.1% increase, according to the General Statistics Office’s report on August 29.

A comprehensive rehabilitation plan is underway for the 830-meter stretch along the Saigon River on the side of the Thu Thiem New Urban Area, involving the introduction of landscaping elements such as a ferris wheel and a pedestrian bridge.

PouYuen Vietnam is set to provide financial aid totaling VND165 billion to 1,220 employees who will be laid off next month, according to the HCMC Department of Labor, War Invalids, and Social Affairs on August 29.

The total cost of Rach Mieu 2 Bridge, which connects the Mekong Delta provinces of Tien Giang and Ben Tre, is expected to increase by VND1.6 trillion to VND6.81 trillion due to higher site clearance costs.

Vietnam Railways has proposed the Ministry of Transport approve a VND180-billion second-phase project to upgrade Song Than railway station in the southern province of Binh Duong.

International investors had pledged around US$18.15 billion in new capital to Vietnam in the year to August 20, up 8.2% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

HCMC is set to carry out a comprehensive test run of Metro Line No. 1, which connects Ben Thanh Market and Suoi Tien Theme Park, starting August 31, according to the HCMC Management Authority for Urban Railways (MAUR).

Vietnam expects to attract more foreign direct investment from Western Europe and North America in the near future, said a representative of the Ministry of Planning and Investment.

The Airport Corporation of Vietnam (ACV), the investor of the Long Thanh International Airport project, has announced that a consortium led by Turkey’s IC ISTAS won the bid for the construction of the airport’s passenger terminal.

The rise in non-performing loans within the real estate sector has become a cause for alarm as the bad debt ratio escalated from 1.53% in the previous year to 2.47% during the first half of 2023.