An old apartment building in Thanh Cong Street, Hanoi (Source: enternews.vn) Hanoi (VNS/VNA) - The important task of renovating and rebuilding dilapidated apartment buildings in Hanoi has faced several obstacles related to planning, land clearance, and profits for investors and residents, Ha Noi Moi (New Hanoi) newspaper has reported. According to the Ministry of Construction, Hanoi has more than 1,500 old apartment buildings constructed between 1960 and 1990, most of which are located in the city’s inner districts. Ten years after beginning renovation work on old apartment buildings, the city has renovated and put into use 14 of over 1,500 old buildings. Five buildings are being demolished. Residents of four other buildings in an extremely poor condition have been evacuated, however, there are not yet any plans to rebuild or renovate the structures. City authorities are calling for investment from the private sector to reduce pressure on the State budget. … [Read more...] about Hanoi faces difficulties in renovating old apartment buildings
Renovation
Hà Nội faces difficulties in renovating old apartment buildings
An old apartment building in Thành Công Street, Hà Nội. — Photo enternews.vn HÀ NỘI — The important task of renovating and rebuilding dilapidated apartment buildings in Hà Nội has faced several obstacles related to planning, land clearance, and profits for investors and residents, Hà Nội Mới (New Hà Nội) newspaper has reported. According to the Ministry of Construction, Hà Nội has more than 1,500 old apartment buildings constructed between 1960 and 1990, most of which are located in the city’s inner districts. Ten years after beginning renovation work on old apartment buildings, the city has renovated and put into use 14 of over 1,500 old buildings. Five buildings are being demolished. Residents of four other buildings in an extremely poor condition have been evacuated, however, there are not yet any plans to rebuild or renovate the structures. City authorities are … [Read more...] about Hà Nội faces difficulties in renovating old apartment buildings
HCMC taps ODA loan to renovate aging drainage system
HCMC taps ODA loan to renovate aging drainage systemThe Saigon Times Daily HCMC – The Japan International Cooperation Agency has granted HCMC a non-refundable sum of US$17.5 million to execute a project to renovate a deteriorating drainage system, news website Sai Gon Giai Phong reported, citing a statement from the HCMC People’s Committee Office on June 30. The total investment capital for the project is approximately VND467.5 billion, or US$20.6 million. Of this, the gratis aid under the form of an official development assistance (ODA) loan from Japan accounts for US$17.5 million, while the reciprocal capital makes up some VND70 billion (US$3.1 million). The renovation of 2.7-kilometers of sewage lines, which is being implemented in downtown HCMC until 2020, will help minimize incidents or risks of road surface subsidence affecting traffic safety, ease traffic congestion, reduce environmental pollution and bolster the city’s economic growth. By applying modern … [Read more...] about HCMC taps ODA loan to renovate aging drainage system
TT Group to co-operate on railway, stadium renovation
Representatives of T&T Group and Bouygues sign the cooperation agreement in the presence of Party General Secretary Nguyen Phu Trong and President of the French Republic Emmanuel Macron. — Photo courtesy of T&T Group The industry-real estate-finance conglomerate T&T Group and France’s industrial Bouygues Group on Tuesday signed a co-operation agreement to invest in urban railway project No 3 and upgrade Hang Day Stadium in Ha Noi. Accordingly, T&T Group plans to invest in and develop the project of urban railway No 3 (dual rail) in the form of Public Private Partnerships (PPP), connecting Ha Noi centre with Son Tay Township for a total length of 31.1km. The total value of investment in this project is estimated at 1.4 billion euros (US$1.74 billion). In addition, the plan for the Hang Day Stadium renovation has an estimated investment value of 250 million euros. Bouygues Construction is one of the world’s leading companies in the field of design and … [Read more...] about TT Group to co-operate on railway, stadium renovation
Personnel training needs renovation amidst Industry 4.0
Therefore, outdated training methods should no longer be used as they lack interaction and touch with reality, and could lead to backwardness, the minister said at a symposium hosted by Hanoi University of Industry on February 26. Training personnel, especially high-quality human resources, requires a comprehensive renovation in the context of the ongoing fourth industrial revolution (Photo for illustration: giaoducthoidai) He stressed the need for the industry and trade sector to soon roll out concrete orientations and solutions in the face of rapid changes caused by the fourth industrial revolution. The minister also pointed out limitations regarding lecturers, infrastructure and training methods at schools under the management of the Ministry of Industry and Trade (MoIT). Besides, high-quality human resources must meet requirements and standards of both domestic and foreign markets, Anh said, stressing that in order to reach the target of becoming a supplier of … [Read more...] about Personnel training needs renovation amidst Industry 4.0