The 7th Expanded ASEAN Maritime Forum (EAMF-7) opens in the central city of Da Nang on December 6.(Photo: VNA) Da Nang (VNA) – The 7th Expanded ASEAN Maritime Forum (EAMF-7) was opened in the central city of Da Nang on December 6, gathering over 90 governmental officials and scholars from ten ASEAN nations and eight ASEAN Dialogue Partners. Sea and ocean play a crucial part in every nation around the world, and marine cooperation has always been given high priority in regional cooperation mechanism, programmes and plans, Vietnamese Deputy Minister of Foreign Affairs Nguyen Quoc Dung stated in his opening remarks at the event. Dung recognized progress in regional martime cooperation over recent years, highlighting initiatives to response to marine environmental pollution, manage ocean waste, combat illegal fishing and sustainably use marine resources. He also outlined multiple challenges facing the region, including transnational organised crime at sea, marine pollution, … [Read more...] about Expanded ASEAN Maritime Forum opens in Da Nang
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Da Nang is in hotel oversupply crisis
The high growth of accommodations, especially 1-3 star hotels, has caused a hotel oversupply in Da Nang. Just within the first six months of 2019, Da Nang added 100 more accommodation facilities with 6,000 rooms. More 1-3 star hotels have arisen in the last three years, especially in coastal areas in the districts of Son Tra and Ngu Hanh Son. Hotels are in close proximity to one another on the streets of Vo Nguyen Giap, Ha Bong, Ho Nghinh and Nguyen Van Thoai. There are up to 50-70 hotels in a short section of road, just 500 meters long. Of these, 1-3 star hotels are the majority. According to the Da Nang Tourism Promotion Center, there are 650 1-3-star hotels out of 820 accommodation facilities. Meanwhile, there are only about 80 4-5 star hotels. The remaining are high-end resorts, villas, standard apartments, and guest rooms with standard rooms for lease. Nam Lich Rampant hotel development is a waste of national resources The hotel room redundancy is deepening in … [Read more...] about Da Nang is in hotel oversupply crisis
Colourful firework displays wow spectators in Da Nang
Two firework teams from China and England impressed spectators with their stunning performances on the evening of June 22 on the banks of Han river within the Da Nang International Fireworks Festival (DIFF) 2019. The fourth show of the DIFF 2019 was held under the theme ‘Colours’. The Pyrotex Fireworx team from England wowed the audience with their 20- minute show telling the romantic story of the River Thames in England making it all the more special with extra lighting effects and music. At their first time participating in the DIFF, Hunan Jingtai Fireworks team from China staged a colourful show entitled ‘Kun - The Happy Excursion’ ‘Kun - The Happy Excursion’ included eight chapters featuring eight themes of wind and cloud, dragon, phoenix, rain, jasmine, Huang He river, joy, and happiness. The last night’s show concluded the qualification round of the DIFF 2019, which saw the competition of eight teams from Russia, Brazil, Belgium, … [Read more...] about Colourful firework displays wow spectators in Da Nang
Tough decisions for Da Nang over Cocobay project
The Empire Group could not pay annuity for its CocoBay condotel buyers since next year. Photo vneconomy.vn HÀ NỘI – Đà Nẵng authorities need to carefully review the offer to convert the Cocobay Đà Nẵng condotel project into apartments as it could harm the city’s economic development plan, experts have said. The project developer, Thành Đô Investment Development and Construction JSC (Empire Group), had guaranteed to pay 12 per cent profit on the value of investors' condotel purchases from January 1, 2020, but has since announced it cannot fulfil this commitment due to financial woes. Condotels are often sold to investors and then leased back to the developer or an operating firm to manage rentals to holidaymakers, which is where the 12 per cent profit was supposed to come from. A lack of regulations on condotel development and ownership has also harmed the project. The … [Read more...] about Tough decisions for Da Nang over Cocobay project
Work starts on Dioxin Remediation of Bien Hoa Airbase Project
This was an important event in Vietnam-US relations and demonstrated the joint efforts of overcoming the war aftermath in Vietnam for the two countries, contributing to realizing the Joint Statement of the Vietnamese and US senior leaders during the official visit to Vietnam in 2017 by US President Donald Trump. Vietnamese Deputy Prime Minister Truong Hoa Binh speaking at the event Addressing the ceremony, Vietnamese Deputy Prime Minister Truong Hoa Binh confirmed that the Party, State and government of Vietnam always consider overcoming consequences of war an urgent task. Such humanitarian and human activities help ensure a healthy and safe life, a clean environment for the Vietnamese people and contribute to the sustainable socio-economic development of the nation. The Vietnamese governmental leader highlighted the dioxin remediation project at Bien Hoa Airbase as a vivid illustration of the US’s strong commitment to joining hands with Vietnam in the post-war … [Read more...] about Work starts on Dioxin Remediation of Bien Hoa Airbase Project
