Phased development methodology

The Hoang Quan and Century City real estate projects which sold well thanks to being located near Long Thanh International Airport remain largely unused. The two projects were implemented after Long Thanh International Airport in Dong Nai Province got the go-ahead. Hoang Quan Real Estate Company’s Hoang Quan project was the first property project implemented to benefit from Long Thanh International Airport project. The five-hectare project which was built in 2010 has 21 semi-detached houses and 78 villas. Most of the houses have been sold. But a majority remain empty. Many houses left abandoned near Long Thanh International Airport A woman from Long An Province said that her family spent VND5.5 billion to buy a villa in the project in 2012. However, over the past 10 years, she has not yet been provided with the land ownership certificate. Therefore, it is quite difficult for her family to resell it. Meanwhile, the house has started deteriorating. … [Read more...] about Property development near Long Thanh International Airport abandoned

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?

Prime Minister Pham Minh Chinh (third, left) and delegates visit a bank's booth featuring its digital products. The PM who is Chairman of the National Committee of Digital Transformation attended the Conference on Digital Transformation in the Banking Sector held by the State Bank of Viet Nam on Thursday. — Photo baochinhphu.vn Prime Minister Pham Minh Chinh said the banking sector had all the factors to be pioneering and, in fact, was at the forefront of the digital transformation process. Digital transformation was an inevitable trend, and an urgent requirement, noted the Prime Minister. The Prime Minister, who is also Chairman of the National Committee on Digital Transformation, attended and delivered a keynote speech at the Conference on Digital Transformation in the Banking Sector organised by the State Bank of Vietnam (SBV) in Ha Noi on Thursday. Speaking at the conference, SBV Governor Nguyen Thi Hong said that in the Prime Minister's Decision No 749/QD-TTg approving … [Read more...] about Banking sector can be pioneer in digital transformation: PM

Illustrative image (Photo: danang.gov.vn) Da Nang (VNA) – A workshop was held in the central city of Da Nang on August 2 to kick off the second phase of a project on waste classification at source and waste recycling funded by the Japan International Cooperation Agency (JICA) in the locality. The event was jointly hosted by the municipal Department of Natural Resources and Environment and the Institute for Global Environmental Strategies (IGES) of Japan. According to Director of the municipal Department of Natural Resources To Van Hung, the first phase of the project , implemented for five years within JICA ’s Development Partner Programme as part of the bilateral cooperation programme between Da Nang and Japan’s Yokohama city, has proven effective. Officials of Da Nang have been trained directly in Japan, and many models piloted in Hai Chau and Thanh Khe districts. Addressing the workshop , Tsukiji Makoto from IGES introduced a plan to implement the project’s … [Read more...] about JICA-funded project helps Da Nang enhance waste classification at source

Orsted Group from Denmark and T&T Group proposed an offshore wind power development in central Ninh Thuan Province. — Photo courtesy of T&T Orsted Group from Denmark and T&T Group have proposed an offshore wind power development in central Ninh Thuan Province, according to local authorities. Deputy Chairman Phan Tan Canh met the two firms recently, talking about the two projects of Ninh Thuan 1 and Ninh Thuan 2 in the waters of Thuan Nam District. The Investor Consortium from T&T and Orsted calculated the Ninh Thuan 1 offshore wind farm with a capacity of 3,000 MW will be built in three phases of investment from 2029 to 2033, with 150 turbines and a 20 MW tower, with a total investment of VND223.4 trillion (US$9.7 million). They also said the farm of Ninh Thuan 2, with a capacity of 2,000 MW, is expected to be deployed after 2030, with 100 turbines, implemented in two phases from 2030 to 2037 at a total investment of about VND157.5 trillion. They proposed to … [Read more...] about T&T and Orsted propose two offshore wind farms in Ninh Thuan

Five years ago, the integrated resort was established in Lang Co Bay, a destination known for its untouched natural beauty and unique culture. Lang Co was first discovered by King Khai Dinh, the 12 th King of the Nguyen dynasty, and the destination retains its original charm, nestled in a rural setting with picturesque countryside and the natural elements of Feng Shui. Laguna Lang Co has been operating two luxury hotels branded Banyan Tree and Angsana, an 18-hole par-71 championship golf course designed by six-time Major winner Sir Nick Faldo, luxury private villas and residences, convention facilities, and recreational activities. “As we turn five years old with many significant achievements under our belt, we now look forward to the next exciting phase of our development. It is our time! It is also the time for Hue and the province of Thua Thien-Hue to have its moment in the sunshine,” shared Gavin Herholdt, managing director of Laguna Lang Co. “In 2018 we have gone from … [Read more...] about Laguna Lang Co marks five-year anniversary in Vietnam

Once completed, the project will bolster connectivity between Hanoi and the northern provinces in the Hanoi Capital Region. Hanoi considers effective cooperation with neighboring cities/provinces key to ensuring the speedy construction of the Ring-road No.4 project, with an estimated total investment capital of VND85.8 trillion (US$3.7 billion). Secretary of the Hanoi Party Committee Dinh Tien Dung. Photos: Pham Cong Secretary of the Hanoi Party Committee Dinh Tien Dung stressed the combined efforts during a meeting with leaders of Hung Yen and Bac Ninh Province on the plan for Ring-road No.4 construction today [August 5]. Ring road No.4 with a total length of 112.8 kilometers and covering a combined area of 1,341 hectares, would run through Hanoi (58.2 kilometers), Hung Yen (19.3 kilometers), and Bac Ninh (25.6 kilometers). Once completed, the project is expected to bolster provincial connectivity between Hanoi and the northern provinces in the capital … [Read more...] about Hanoi eyes effective cooperation with neighboring provinces in Ring road No.4 project

Vietnam strives to restore tourism back to the state of 2019 before the Covid-19 pandemic broke out. Vietnam’s latest tourism planning places emphasis on the sustainable development of the industry to make it the spearhead in the country’s economy in the years to come. Overview of the conference held on August 9. Photo: MCST The issue was discussed at a conference held on August 9 which gathered domestic and foreign officials and experts to provide ideas for Tourism Planning for the period 2021-2030 and a vision for 2045. The planning has many important points, including quality, efficiency, and competitiveness of an industry that generated US$32 billion in 2019 (before the Covid-19 pandemic). It aims to restructure the tourism industry with spatial orientations and development solutions coupled with the planning of tourist sub-regions, maritime tourism, among others. Vietnam’s tourism industry needs to be oriented by a long-term vision, based on … [Read more...] about Vietnam seeks ways to boost competitiveness of tourism

Illustrative photo. In a pattern that seems to have prevailed for years, a transport project is usually put into operation soon after its inauguration, but then within a short time there is a need for its expansion or upgrade. What is more surprising is that even projects that are still under construction are being reconsidered for expansion or an upgrade. Such as in the case of the Hanoi Highway which has been expanded four times and still not complete. It may be that this Highway may even be further expanded. The Ho Chi Minh City to Long Thanh to Dau Giay Expressway was started in 2009 with an original design plan of four lanes, then soon after increased to six lanes and now being considered for eight lanes. For all we know it may also be extended to twelve lanes soon. The 17 km long metro line 1 has not yet been put into a trial operation but is being considered for an extension to include the route to Binh Duong and Dong Nai provinces. More recently, the 51 km long Trung Luong … [Read more...] about Constant re-planning of transport projects in Vietnam

The two capital cities will implement new projects in agriculture and education, and raise public awareness of the special Vietnam-Laos relations. Hanoi and Vientiane should set an example at inter-provincial level cooperation to reflect the scale of Vietnam-Laos relations and expectations from leaders and people of the two countries. Secretary of the Hanoi Party Committee Dinh Tien Dung stressed the view during a meeting with his Vientiane counterpart Anouphap Tounalom today [August 9] in Hanoi. Secretary of the Hanoi Party Committee Dinh Tien Dung at the meeting. Photos: Viet Thanh At the meeting, Dung welcomed the visit of Vientiane’s high-ranking delegation to Hanoi on the occasion of the 60 th anniversary of diplomatic relations (September 5, 1962 – September 5, 2022), and the 45 th anniversary of the signing of the Vietnam-Laos Friendship and Cooperation Treaty (July 18, 1977- July 18, 2022). According to Dung, the special Vietnam-Laos relations, … [Read more...] about Hanoi, Vientiane to set example in inter-provincial cooperation