Long term development plan

The Hanoitimes - With a strong certainty that air travel will recovery when the pandemic ends, airports are seen as long-term asset. In that case, any decision related to airport projects must be for the long-term view. The Covid-19 pandemic could not prevent Vietnam from going ahead with the construction of a US$16-billion Long Thanh International Airport, the largest of its kind in Southeast Asia, experts suggested. In January, the construction of the first phase of the Long Thanh Airport was kicked off. “While plans to build new airport or expand existing ones were prepared many years before the Covid-19 pandemic, they represent a long-term vision at national level, and, therefore, should be realized,” economist Nguyen Minh Phong told Hanoitimes , shrugging off a view that a slow recovery in air travel in the near future as a result of the Covid-19 pandemic would put the feasibility of these projects in doubt. “Investment in transport infrastructure … [Read more...] about Covid-19 pandemic makes no hurdle to Vietnam’s building plan of SEA largest airport: Experts

The Hanoitimes - Developments along the Red river will play an important role in driving Hanoi's future. Hanoi needs to remove obstacles to accelerate the zoning plan of the riparian areas on both sides of the Red river that runs through the city, Secretary of the municipal Party Committee Vuong Dinh Hue said at a meeting last week. Hue said that Hanoi needs to complete the zoning plans, including the plan on both sides of the Red river and making full use of the land resources in the riparian areas along the river banks. As the zoning plan has not been devised, land resources in Hanoi have not been made full use of. No one wants to make long-term investments in the riparian areas as winning bidders are only entitled to the land usufruct for five years. Hue emphasized that planning the Red river will make resources in terms of land, landscape and environment to become fulcrum for the capital city's development. Secretary of the municipal Party Committee … [Read more...] about Hanoi urges to accelerate zoning plan for Red river

The Hanoitimes - Developments along the Red river will play an important role in driving Hanoi's future. Hanoi needs to remove obstacles to soon implement the zoning plan of the riparian areas on both sides of the Red river that runs through the city, Secretary of the municipal Party Committee Vuong Dinh Hue has said. Secretary of the Hanoi Party Committee Vuong Dinh Hue speaks at the meeting on July 8. Photo: Viet Thanh At a working session with the Ministry of Agriculture and Rural Development on July 8, Hue said that Hanoi needs to complete the zoning plans, including the plan on both sides of the Red river and making full use of the land resources in the riparian areas along the river banks. In order to carry out the plan on both sides of the Red river and other rivers, it is required to make a flood drainage plan. Therefore, the municipal Party chief suggested that the Ministry of Agriculture and Rural Development should work out and submit to the … [Read more...] about Hanoi seeks to restart zoning plan for Red river

The Hanoitimes - Solving the drainage problem in the development of the riparian areas has been the reason the land along the Red river remains unplanned. Hanoi will report to the central government on the planning of the riparian areas on both sides of the Red river, ensuring that no land in Hanoi is left without being planned, Secretary of the Hanoi Party Committee Vuong Dinh Hue said at the recent meeting with voters in Dan Phuong district. Hue said that the general zoning plan for the capital city until 2030, with vision to 2050 had been approved by the Prime Minister since 2011. However, the areas along the Red river have remained the loophole of the plan. Secretary of the Hanoi Party Committee Vuong Dinh Hue speaks at the meeting with Dan Phuong district’s voters. Photo: VGP So far, solving the drainage problem in the development of the riparian areas has been the reason the land along the Red river remains unplanned, Hue said. Dan Phuong district’s … [Read more...] about Hanoi to report on planning the Red river’s riparian areas: Party official

Vietnam needs over US$128 billion for power investment next 10 years A drone is used to inspect a power transmission system in Vietnam. The country will need an estimated US$128.3 billion for developing the power system in the next decade The Institute of Energy, under the Ministry of Industry and Trade, on February 22 continued to collect feedback over the plan from the relevant agencies. According to the plan, during the 10-year period, Vietnam will need to pour some US$12.8 billion on average into the power sector per year. The total investment for the following 15 years from 2031 to 2045 will be some US$192 billion, including some US$140 billion for power sources and US$52 billion for the grid. The draft zoning plan also revealed that Vietnam will continue to import electricity from China, Laos and Cambodia in the next 10 years. The State-run Vietnam Electricity Group is purchasing electricity from China through two 220kV power lines, with 1.5 billion kWh of … [Read more...] about VIETNAM BUSINESS NEWS FEB. 26