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Tay Ninh (VNA) - A new two-line cable car system has opened in the southern province of Tay Ninh, taking visitors to the top of Ba Den (Black Lady) Mountain and Ba Den Pagoda. Developed by Sun Group, the cable car system, which is part of the Ba Den Mountain Sun World Tourism Area project, was designed by Austrian company Doppelmayr at an estimated cost of 2 trillion VND (86.5 million USD) for the first phase. With a designed speed of eight metres per second, it can transport 4,400 passengers per hour. Each cabin can accommodate 10 people. The two-way cable car line 1 extends from the foot of the mountain to the peak of Ba Den Mountain. It travels 986 metres above sea level with a length of 1,847 metres. With its 113 cabins, the cable car takes only eight minutes to reach the mountain’s summit, compared to a dangerous four-hour trek. From the foot of … [Read more...] about New cable car at Ba Den Mountain launched

Spain's Rafael Nadal beat Bolivia's Hugo Dellien in the first round. (Photo: AFP/John DONEGAN) Nadal, the first player to be world number one in three different decades, is still thriving at 33 but it's a different story for five-time Grand Slam winner Sharapova, 32. … [Read more...] about Nadal in the pink as Sharapova hits all-time low at Australian Open

Totally agreeing with the above figures, Nguyen Thi Thu Trang, Director of the WTO and Integration Center, Vietnam Chamber of Commerce and Industry (VCCI), explained that Vietnam had a large trade relationship with the EU so when the EVFTA was successfully signed, it will will create favorable conditions for Vietnam's key export industries (such as textiles, footwear, and aquatic products). In addition, other industries, which were once heavily protected, will now open up and create new momentum for Vietnam's export growth to the EU. … [Read more...] about EVFTA opens up great chances for FDI attraction into Vietnam

Hanoi (VNA) – The Vietnam Hanoi Textile & Garment Industry Expo (HanoiTex) 2018 opened in the capital city on September 19, attracting nearly 120 exhibitors from 12 countries and territories. Co-hosted by the Hong Kong’s CP Exhibition Company and the Vietnam National Textile and Garment Group, the event lured firms from China, Germany, Japan, the Republic of Korea, Pakistan, China (Taiwan), Thailand and Vietnam on a site of over 6,000 sq.m. On display are patterned, dyed, high-tech and micro-fibre fabrics, anti-dry weaving materials, and machinery used in sewing, weaving, embroidery, dyeing chemicals and many other materials. Speaking at the opening ceremony, Deputy Minister of Industry and Trade Cao Quoc Hung said this year, the Vietnamese textile and garment sector shifts production from cut-make-trim (CMT) to free on board (FOB), original design manufacture (ODM) and original brand manufacture (OBM) with the aim of bringing higher added value to supply chain. … [Read more...] about Hanoi Textile & Garment Industry Expo 2018 opens

Together with the Ministry of Planning and Investment, the MoT has advised the Government and the National Assembly to develop the Public-Private-Partnership Law. We are confident that if this law is enacted it will create a breakthrough in many fields, including the field of transport through its new policies which will promote transparency and accountability in attracting more resources in the infrastructure development including road making. … [Read more...] about Many break-throughs are to happen in the transport sector