The three projects are located at prime locations on Hung Vuong Street in Hai Chau District, about 400 meters from the Han River. They are the Da Nang Center project (No. 1), Diamond Square project (No. 2), and the Golden Square commercial complex, office, hotel, and luxury apartment project (No. 3). The Da Nang Center project, invested in by Vu Chau Long Real Estate, covers an area of more than 7,800 square meters and has a total capital of nearly VND500 billion ($21.25 million). When construction started in March 2008, the project was advertised as high-rise apartment buildings, a high-class standard commercial center, and a five-star hotel and conference center. However, no development has been going on and rainwater has turned the project area into a pond. With its northern façade bordering a residential area, part of the project has now been turned into a landfill as locals arbitrarily throw trash … [Read more...] about Abandoned projects result in prime land waste in Da Nang
Bad debt allowance
Ba Son Corporation begins building new ship for Damen Shipyards Group
The ceremony was attended by Major General Le Quang Tuyen, Deputy Director of the General Department of Defense Industry, who urged Ba Son Corporation to use all available resources to speed up the shipbuilding process, procure necessary materials and equipment, and ensure quality and progress. Colonel Mai Quoc Truong, General Director of Ba Son Corporation, stated that the vessels in the Combi Freighter 3850 series are modern ships that require a lot of resources. The Vietnamese corporation is committed to conducting the project with high quality and absolute safety, which will allow them to demonstrate their capacity to build new ship products with modern techniques and quality standards. This will also help the corporation to improve its management level, technological capacity, and the skills of its officials and employees, and strengthen its position and brand in the export shipbuilding market. The Combi Freighter 3850 is a multi-purpose cargo ship with a length of 89.70m, a … [Read more...] about Ba Son Corporation begins building new ship for Damen Shipyards Group
VinFast marks presence in West of France
According to the firm, its next stores in France are expected soon in Montpellier, Aix-En-Provence, and other major cities. Located in a prime location with many other auto brands, VinFast Rennes is hoped to help VinFast increase its brand presence and quickly reach prospective customers. This is VinFast's first store in the West of France, furthering its expansion rollout in European markets. VinFast Rennes will focus on showcasing products and in-car smart features while providing one-on-one assistance through professional and well-trained product experts. In addition, the VinFast store will link the brand and its customers, bringing personalised services and peace of mind experiences throughout the electric vehicle ownership journey. VinFast Rennes combines modern space with design highlights inspired by the beauty of Vietnam's natural wonders. The store will display two electric SUV models, the VF 8 and VF 9. Later, the VF 6 and VF 7 will also be presented here, allowing … [Read more...] about VinFast marks presence in West of France