With the altitude of 3,143m (10,312 ft), Fansipan Mount is seen as the Rooftop of Indochina, posing an extraordinary challenge to adventurers, especially hikers and mountaineers Only 9km southwest of Sa Pa Township in the Hoang Lien Son mountain range, visitors can embrace the raw natural beauty of Lao Cai province from above thanks to the cable car system newly installed by Sun Group Tourists, especially hikers, stream to Fansipan Mountain to immerse themselves in the mesmerising wilderness It only takes 15-20 minutes to the top thanks to the modern cable car system The picturesque landscape from the cable car Ethnic villages scatteried at the foothill Thick fog coating Rooftop of Indochina A team of Vietnamese mountaineers after scaling the Fansipan summit By Chi Cuong … [Read more...] about Crossing off the bucket list – Conquering the Rooftop of Indochina
Accelerator cable repair
Hanoi mayor urges speedier construction of wastewater treatment plant
Hanoi’s wastewater treatment site is a key and vital project as it would collect and purify sewage discharged by people in seven districts. Chairman of the municipal People's Committee Nguyen Duc Chung has asked contractors to speed up the construction of Yen Xa wastewater treatment site in Thanh Tri districtto help clean the once iconic To Lich river and better lives of citizens along the river. While making an inspection to the site on February 4, Chung stressed this is a key and vital project of Hanoi as it would collect and purify sewage discharged by people in seven districts, especially waste water from the city’s polluted To Lich river. It is expected to also revive the river. Hanoi Mayor Nguyen Duc Chung discusses with the Project Management Board and the contractor of Yen Xa wastewater treatment site project. Photo: Kinhtedothi.vn In order to accelerate the project, which comprises a centralized sewage treatment facility, as the site stretches … [Read more...] about Hanoi mayor urges speedier construction of wastewater treatment plant
Hanoi to manage water drainage and wastewater treatment
The Hanoi People’s Committee issued Decision No. 41/2017/QD-UBND dated December 6, stipulating management of water drainage and wastewater treatment in the city. The Decision includes three chapters and 23 articles, specifying following issues: regulations on water drainage management and wastewater treatment in urban areas, industrial zones, industrial clusters, rural residential areas: orientation and planning on water drainage, plan on water drainage investment and development, management and operation of the water drainage system, connection of water drainage system, water drainage services; right and obligatory of organizations, individuals and households involving water drainage and wastewater treatment in Hanoi. The regulation is applied for Vietnamese organizations, individuals and household, and foreign organizations and individuals that involve drainage and wastewater treatment in Hanoi. The Department of Construction acts as focal point to … [Read more...] about Hanoi to manage water drainage and wastewater treatment
Defense Minister Phan Van Giang holds talks with RoK counterpart
On March 28, an official welcoming ceremony was held for the Vietnamese Defense Minister and the delegation with 19 series of cannon shots at the RoK Defense Ministry’s headquarters. After the reception, the two defense ministers held talks. The RoK defense minister warmly welcomed his Vietnamese counterpart and military delegation, while highly appreciating the sound relations between the two countries over the past time, especially the increasingly intensive and effective defense relations. Gen. Giang thanked the host for his warm reception, expressing his pleasure to pay an official visit to the RoK as the two countries have just upgraded their relations to a comprehensive strategic partnership. He hoped that the visit would help concretize the two countries' partnership in defense, actively contributing to the bilateral relationship. At the talks, the two ministers discussed regional issues of mutual concern. Gen. Giang noted that peace, cooperation and development are still … [Read more...] about Defense Minister Phan Van Giang holds talks with RoK counterpart
Central banks in ASEAN discuss economic priorities
Bank Indonesia Governor Perry Warjiyo speaks at a high-level seminar entitled ‘From ASEAN to The World’ and themed ‘Payment System in the Digital Era’ in Badung, Bali on March 28, 2023. (Photo:ANTARA) Jakarta (VNA) – The ASEAN Central Bank Deputies Meeting (ACDM) took place on March 28 in Indonesia to discuss the priority economic deliverables (PEDs) in 2023. The meeting was held as part of the first Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM), which is taking place from March 28 to 31, 2023. The event saw the participation of deputy governors and central banks’ representatives from nine member states, namely the Monetary Authority of Singapore, the Central Bank of Malaysia (BNM), the Bank of Thailand (BOT), the Bangko Sentral ng Pilipinas (BSP) of the Philippines, the Bank of the Lao PDR (BOL), Brunei Darussalam Central Bank (BDCB), the National Bank of Cambodia (NBC) and the State Bank of Vietnam (SBV). Speaking at the opening ceremony, … [Read more...] about Central banks in ASEAN discuss economic priorities
Vietnamese banks urged to embrace green financing
What is the role of banks in green growth? Banks will have a crucial role in driving green growth in Vietnam. One of the main roles will be enabling project financing. Billions of dollars worth of investments will flow into the renewable energy sector over the next few years. Banks will help facilitate that flow. This is critical moving forward. Over the past five years, Vietnam has issued $220–230 million of green bonds. On a cumulative basis, three other countries, namely Indonesia, Thailand, and Malaysia, have issued over $40 billion of green bonds in the same period. The issuance of those bonds is done by banks. What we've observed in these countries is the setup of a clear regulatory framework that provides the ability to issue those bonds on a larger scale. This has not been at the top of the list of priorities for banks in Vietnam, which are focusing on other essential things. What can the Vietnamese banking sector do to accelerate green growth? I think it … [Read more...] about Vietnamese banks urged to embrace green financing
Positive real estate signs march ahead
The market in new urban areas is set to become more active Photo: Le Toan March has seen a flurry of activity in welcoming quality real estate products in Vietnam. Singaporean group CapitaLand Development, saw all of [email protected] West Lake booked up after being introduced to the market on March 19. The Elysian project developed by Gamuda Land is also reportedly being well observed by buyers due to the prestige of the developer, the good location, and high quality of the project. Domestic groups are also joining the rush. Nam Long Investment JSC said that the business is implementing a series of plans in 2023, in which priority is being given to ventures in large urban areas such as Waterpoint, Mizuki Park, Nam Long Can Tho, Nam Long Dai Phuoc, Akari City, and Izumi City. Meanwhile, Hung Thinh Land introduced the 9X An Suong project in the northwest of Ho Chi Minh City. In the southern province of Binh Duong, Phu Dong Group is about to open for sale an apartment project … [Read more...] about Positive real estate signs march ahead
Private sector urged to enter eco-IP arena
The Ministry of Planning and Investment (MPI) is urging a project steering committee to accelerate the transition of traditional industrial parks (IPs) to an ecological model as part of a nationwide eco-IP intervention initiative. Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc said, “The project has contributed to the replication of the eco-IP model in Vietnam, in line with the National Green Growth Strategy for 2021-2030, Vietnam’s commitment to the United Nations’ Sustainable Development Goals, and the net-zero emissions commitment to 2050.” Private sector urged to enter eco-IP arena, illustration photo. Developing eco-IPs is inevitable as many countries are applying the carbon tax mechanism on imported goods, the deputy minister added. “Meanwhile, many tenants in IPs are manufacturers for export, and they need a green certificate to export products. Thus, relevant parties continue to spread technical and financial support to many IPs at different … [Read more...] about Private sector urged to enter eco-IP arena
Song Khoai Industrial Park: A sustainable investment destination
Proud development journey In 2018, Amata Group was granted the first investment certificate to implement the Song Khoai Industrial Park project (also known as Amata City Halong). With a total area of 714 hectares (including 470ha of industrial land), the Song Khoai IP project consists of five phases with a total investment value of $155 million. It forms the core of Amata Smart City Halong, which has a scale of nearly 5,800ha and an estimated investment value of $2 billion. The project has gradually been taking shape in Quang Ninh. Up to now, phase I of the Song Khoai IP has been focused on two projects by Jinko Solar Group from Hong Kong, one of the largest and most innovative solar module manufacturers in the world. The total investment value of these two projects surpasses $865.6 million. The factory complex in Quang Ninh is the third globally, after the US and Malaysia. The project in Quang Ninh is the only integrated smart factory project using batteries and modules … [Read more...] about Song Khoai Industrial Park: A sustainable investment destination
Bringing the standards and quality of Japanese retail brands to Vietnam
This year, difficulties from within the economy will continue to affect the retail industry and demand is expected to continue to decline. How does AEON Vietnam think 2023 will shape up in general? Furusawa Yasuyuki, general director of AEON Vietnam Although there are many difficulties, I think the economic growth rate in 2023 will remain at a stable level, reaching the growth target set by the Vietnamese government. However, recently, rising raw material prices have significantly affected the lives of consumers. This will also be one of the factors affecting consumption trends in 2023. Besides that, due to the influence of inflation in Europe and the US, the number of export orders from Vietnam decreased sharply. Some businesses are forced to cut labour and reduce working hours, greatly affecting the economy and the lives of workers - as well as the consumers. I think, within in the first half of this year, there will still be many difficulties and those may take … [Read more...] about Bringing the standards and quality of Japanese retail brands to Vietnam