A reservoir on Hoang Van Thu Street in HCM City’s Tan Binh district. However, many existing reservoirs are yet to be connected with each other for the flood-control programme. The reservoirs, which will have pump and culvert systems, will collect rainwater. The biggest, with a capacity of 20,000cu.m, will be built at the Go Vap Flower Village, while the second largest, measuring around 5,000cu.m, will be at Hoang Van Thu Park in Tan Binh district. The others will be smaller, with a capacity of 1,500-2,000cu.m each. Tan Binh district currently has a big reservoir but its water level has never reached its full capacity. According to an expert from the HCM City Urban Drainage Co. Ltd., the Hoang Van Thu Reservoir has a capacity of more than 35,000cu.m of water. Experts from the HCM City Urban Drainage Co. Ltd. suggested that the reservoir should be connected with the city’s sullage pits so that rainwater could be drained into the reservoir to … [Read more...] about HCM City to build more reservoirs to store rainwater, control floods
The Government should let the private sector develop entire airports rather than some of their components, said Lai Xuan Thanh, chairman of the State-run Airports Corporation of Vietnam (ACV). Lai Xuan Thanh, chairman of Airports Corporation of Vietnam Thanh said in an interview with the Vietnam News Agency that Vietnam is forecast to have one of the world’s fastest-growing aviation industries in the years ahead. Therefore, its sustainable development is critical. Sustainable development applies toall aspects of an airport, from State management to infrastructure, including airports, flight control, air services, passenger terminals and aprons, he said. He pointed out that the Governmenthas assigned ACV to develop, manage and operate infrastructure at 22 airports. Inthe short term, the corporation will pay special attention to its existing systems for the sake of aviation safety and security. ACV wants more private sector capital for airport development, he said, butthe … [Read more...] about ACV backs private sector involvement in entire airport projects
Wyndham Soleil Danang officially launches Nimbus TowerTHE MARQ – A PEACEFUL OASIS IN THE HEART OF DISTRICT 1BIM Land has signed 2 offshore loan agreements worth USD 137.5 millionBamboo Airways welcomes first Airbus A320neo aircraft in “Fly Green” liveryPerfect time to invest in Phu Quoc Real Estate Since using this modern payment application, my life has positively changed. As a person who was always cautious of managing money, I used to trusted in cash payment only. However I have changed my payment habit. It is now only with a cellphone, all of my ATM cards and membership cards are fully integrated with Samsung Pay, and above all others, it is still absolutely secured. Have you ever experienced the feeling of regretfully looking at your favorite items sold to somebody else, or how embarrassing it is when your money is not enough to pay for a coffee bill? Having gone through all of these, I shall share a tip to stay away from these troubles. The strong need of … [Read more...] about How did my cash payment habits change?
Experts are upbeat about the Vietnamese insurance industry’s health in the coming years, forecasting it would maintain an annual double digit growth rate. Foreign insurers have raised capital to gain bigger share in the Vietnamese market. Positive outlook with a plenty of room for insurers to improve earnings in the coming time is making Vietnam’s insurance industry more attractive to foreign investors. According to experts, Vietnamese people are paying more attention to insurance deals in order to prepare for risks, especially in health care and disease prevention, which contributes to create great opportunities for foreign life insurers to develop. Reports from the Ministry of Finance’s Insurance Supervisory Authority (ISA) showed that the domestic insurance business in the third quarter of this year kept thriving with a high growth rate of 19% year-on-year and the industry’s growth rate target of 20% this year is feasible. A recent survey of … [Read more...] about Foreign investors eye Vietnamese promising insurance market
Swedish Ambassador to Vietnam Ann Mawe speaks at the workshop (Photo: Swedish Embassy) Hanoi (VNA) – Vietnam should act fast to switch to the circular economy, heard a workshop on promoting the no-carbon circular economy held by the Swedish Embassy, the Ministry of Natural Resources and Environment and Hanoi People’s Committee on November 12. Deputy Minister of Natural Resources and Environment Vu Tuan Nhan, told the workshop that after a long time of depending on and spending natural resources, Vietnam has made significant improvements in its socio-economic conditions. However, the country has had to trade off economic growth for environmental change and pollution. “Transforming the current economic model to the circular economy is a suitable action that Vietnam is striving for so that it achieves the sustainable development goals,” he said. Swedish Ambassador Ann Mawe said a circular economy will benefit both consumers and businesses. She said: … [Read more...] about Vietnam urged to promote circular economy