One diver drowned and two others are missing at the site of a shipwreck salvage project in Ho Chi Minh City’s outlying Can Gio District. A group of divers were salvaging shipping containers from the sunken Vietsun Integrity cargo ship in Can Gio’s Long Tau River on Wednesday morning, according to the Maritime Administration of Ho Chi Minh City. The Vietsun Integrity was carrying 17 crew members and 285 containers from Ho Chi Minh City to the northern city of Hai Phong when it sank on October 19. Authorities search for the victims on December 11, 2019. Photo: Minh Hoa / Tuoi Tre At around 9:00 am on Wednesday, two of the divers began showing signs of asphyxiation and had to be rescued by three other team members. Both victims had become unconscious by the time they were brought back aboard their boat. During the rescue, however, the three rescuers were hit by a shipping container and went missing. The body of Cao Van Ly was brought ashore on December 11, … [Read more...] about One diver killed, two others missing at shipwreck salvage site in Ho Chi Minh City outskirts
Nuclear waste container
Vietnam Airports Corporation facing risks in airport venture
International financiers may have no room to join Long Thanh International Airport project, with the lack of a government loan guarantee creating a major obstacle for would-be investor Airports Corporation of Vietnam to ensure bankability. The National Assembly (NA) has issued a resolution on a feasibility study for the first phase of the Long Thanh International Airport project, in which the government will offer no loan guarantee and the selected investor will instead have to manage the fund itself. The move is seen as a blow for interested lenders, often requiring such a government guarantee for initiatives of this magnitude. Vietnam has recently been working with Sweden on the possibility of mobilising a $1 billion loan from the Scandinavian country in order to invest in Long Thanh International, along with air traffic management. Like other groups, the Swedish Export Credit Corporation (SEK) is concerned about the possible risk without a government loan guarantee. Per … [Read more...] about Vietnam Airports Corporation facing risks in airport venture
