Construction of the first detail of Long Thanh International Airport started on January 5. The airport will be built in three phases over three decades, and is expected to become the country’s largest airport. In the first phase, one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works sprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. The airport is designed to have four runways, four passenger terminals, and other auxiliary facilities to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. Covering a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh district. It is expected to cost 336.63 trillion VND (14.5 billion USD), with the first phase needing over 109 trillion VND. Around 4,800 households and 26 organisations are expected to be relocated to make way for it. Located 40km to the east … [Read more...] about Routes leading to Long Thanh airport to be built
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Exhibition marks 13th National Party Congress
The “Dang ta that la vi dai!” (Great is our Party!) exhibition aims to highlight the CPV’s leadership during the country’s struggle for independence, “Doi Moi” (renewal) process, and nation building, and the Vietnamese people’s achievements in constructing and safeguarding a socialist Vietnam. … [Read more...] about Exhibition marks 13th National Party Congress
Vietnam ready for 13th Party Congress
Addressing the event, Head of the Party Central Commission for External Relations Hoang Binh Quan stressed the significance of the 13th National Party Congress in the development of the Party and the country. The Party Central Committee, Politburo and Secretariat are strictly supervising all the preparations for the event. … [Read more...] about Vietnam ready for 13th Party Congress
Tourist arrivals to Hue monuments slump in 2020
Hanoi (VNA) – Tourists visiting Hue monuments in the central province of Thua Thien-Hue sharply fell to over 1 million last year due to the COVID-19 pandemic, resulting in revenue of more than 106 billion VND (4.6 million USD), down 72.62 percent year on year.Hue Monuments Conservation Centre on January 17. … [Read more...] about Tourist arrivals to Hue monuments slump in 2020
Long-term development commitments realised through strategic M&A moves
SCG is one such example. M&A has become the most effective channel for the company to realise its commitment to long-term investment in the Vietnamese market. At present, SCG boasts 21 subsidiaries in Vietnam focusing on petrochemicals, cement, and building materials, and packaging, many of which have been established via M&A activities. Following the acquisitions, SCG coordinates with companies within its portfolio to foster growth by improving operation and safety standards as well as productivity. SCG’s M&A efforts in Vietnam also reflect its vision to become a regional business leader. … [Read more...] about Long-term development commitments realised through strategic M&A moves