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Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. Reportedly, in the Northwest region, there are many large investment projects, including Japan’s Mikazuki hospitality complex and new residential areas named Golden Bay, Thuy Tu, Golden Hills and the cluster of the Danang High-tech Park and the Information Technology Park. In addition, Danang is also calling for investment for Lien Chieu Port in this area. This project has a total investment capital of nearly VND7,400 billion (including State and private investment), developing two initial berths, capable of receiving general ships, bulk cargo with 100,000 tons and container ships from 6,000 to 8,000 TEUs, ensuring throughput of goods from 3.5 to 5.0 million tons a year. When these projects are constructed synchronously, they will be the driving force for Danang's economic development in the Northwest region. Among the 10 projects, there are also some prominent projects such as the railway station relocation and urban development project worth VND12,636 billion and the tunnel going …

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Singapore 's Marina Bay (Photo: CNN) Singapore (VNA) - Singapore's economy has been ranked the freest in the world this year in the Heritage Foundation 's 2021 Index of Economic Freedom, the second year in a row it topped the list. The city-state scored 89.7 points, with its overall score having increased by 0.3 points from 2020, primarily because of an improvement in points gained for government spending, the think-tank said on March 4. Singapore's score placed it far ahead of both the regional average for 40 countries in the Asia Pacific (60.2) and the world average (61.6). It was followed in the rankings by New Zealand, Australia, Switzerland and Ireland, in that order, with scores ranging from 83.9 (New Zealand) to 81.4 (Ireland). The US ranked 20th with a score of 74.8, and Germany was 29th with a score of 72.5. Thailand took the 42nd spot with a score of 69.7, and China was No. 107 with a score of 58.4. Hong Kong, which had topped the list for 25 of the last 26 years, was left out of this year's Index, as it has come under the direct control of Beijing, the Heritage Foundation said. The Index ranks 12 indicators under four categories: rule of law, size of government, regulatory efficiency, and open markets./. VNA …

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Malaysia has loosen parts of restriction measures in Kuala Lumpur and some states after nine days of implementing vaccination programme (Photo: VNA) Hanoi (VNA) – The Philippines Department of Health (DOH) reported 3,045 new COVID-19 cases on March 5, the record number in four months, raising the total count in the country to 587,704. Southeast Asian country is working hard to control a new wave of COVID-19 outbreak after many patients in Manila and other areas were diagnosed with new variants of SARS-CoV-2 virus . COVID-19 vaccines of Pfizer (US)-BioNTech (Germany) and Moderna (US)./. VNA …

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