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 …
South korean military equipment
Phan Thiet airport to start construction in March
The information was announced by Senior Lieutenant-General Tran Don, Deputy Minister of National Defense at a meeting with the south-central province's authorities Friday. In 2009, the government approved a plan to build Phan Thiet airport in beach town Phan Thiet of Binh Thuan, which lies more than four hours east of Ho Chi Minh City and currently has none. The plan said the airport would span 543 hectares (1,340 acres) to serve both civilian and military purposes and invested under the build-operate-transfer format by Hanoi-based Rang Dong JSC. It also said work would start in 2015 for the project to be finished in 2018. However, nothing had been carried out as scheduled. In 2017, Binh Thuan proposed to upgrade the civil rating of the planned airport from 4C to 4E as regulated by International Civil Aviation Organization. In specific, the province wanted to extend the airport's runway from 2,400 meters to 3,050 meters in order to raise its capabilities toward the 4E rating. The increased rating would allow it to handle Airbus A320s or equivalent sized and advanced military aircraft. The government agreed with the proposal within that year, which means the cost for the airport will stay at around VND10 trillion ($434 million). The problem with investment capital had prevented the plan to be executed. Now, the problem has been solved, said Deputy Minister Don. He said the Ministry of National Defense had previously relied on a plan to auction former Nha Trang airport in central Khanh Hoa Province to raise funds for building Phan Thiet airport. However, the government has recently agreed to build Phan Thiet airport using the state budget in the form of public investment. "The government has allocated the fund for the ministry and work on the joint-use airport should be carried out soon." If everything is to happen as planned, construction should be finished in 20 months so the airport could start operation next year, Don noted. Rang Dong JSC …
[Read more...] about Phan Thiet airport to start construction in March
Hanoi leaders pay tribute to King Ly Thai To in Ninh Binh
The Hanoitimes - Hanoi's top leaders expressed their gratitude to the kings who were credited with building and defending the nation. A delegation of Hanoi leadership led by Secretary of the city Party Committee Vuong Dinh Hue offered incense to King Ly Thai To, who relocated Vietnam’s capital city from Hoa Lu, Ninh Binh province to Thang Long (Hanoi today) 1,010 years ago, Kinh Te & Do Thi reported. Secretary of the Hanoi Party Committee Vuong Dinh Hue offers incense to King Ly Thai To, who relocated Vietnam’s capital city from Hoa Lu to Thang Long. Photo: Thanh Hai The officials also paid tribute to the first Ly dynasty monarch’s predecessors: Kings Dinh Tien Hoang and Le Dai Hanh in the former capital of Hoa Lu, Ninh Binh province, about 100 kilometers to the south of Hanoi. King Ly Thai To was born as Ly Cong Uan in 974 in Kinh Bac, today’s Bac Ninh province and later became a military commander under the early Le dynasty. In November 1009, he assumed the throne and founded the Ly dynasty, which would last for more than 200 years. The following year, he decided to transfer the capital city from Hoa Lu to Dai La and renamed it Thang Long, which means "ascending dragon", opening a glorious era for Vietnam’s capital city. In the solemn atmosphere at the old capital of Hoa Lu, Hanoi's leaders expressed their gratitude to the kings who were credited with building and defending the nation. They pledged to promote Thang Long’s traditions and make Hanoi increasingly wealthy, beautiful and civilized. The same day, Ngo Thi Thanh Hang, member of the Party Central Committee and Permanent Deputy Secretary of the municipal Party's Committee, paid tribute to King Ly Thai To at Do shrine, which is dedicated to the eight emperors of the Ly dynasty. …
[Read more...] about Hanoi leaders pay tribute to King Ly Thai To in Ninh Binh
