Million tonnes

Construction of the first detail of Long Thanh International Airport started on January 5. The airport will be built in three phases over three decades, and is expected to become the country’s largest airport. In the first phase, one runway with a length of 4,000m, taxiways, an apron, and a passenger terminal with other auxiliary works sprawling 373,000 sq.m will be built to serve 25 million passengers and 1.2 million tonnes of cargo each year. The airport is designed to have four runways, four passenger terminals, and other auxiliary facilities to ensure a capacity of 100 million passengers and 5 million tonnes of cargo a year by 2040. Covering a total area of more than 5,580ha, the airport will straddle six communes in Long Thanh district. It is expected to cost 336.63 trillion VND (14.5 billion USD), with the first phase needing over 109 trillion VND. Around 4,800 households and 26 organisations are expected to be relocated to make way for it. Located 40km to the east … [Read more...] about Routes leading to Long Thanh airport to be built

The chairman also asked investors to implement their projects as registered. They have to align their investment and business operations with environmental protection, prioritize applying advanced technology in production, pay attention to building a corporate culture and developing a proper relationship between employers and employees, offer opportunities to employees to level up their skills and create a safe working environment. … [Read more...] about Foxconn’s US$270-million tablet and laptop project approved in Vietnam

Hanoi (VNA) - Myanmar attracted investment capital of over 348 million USD from permitted foreign enterprises in the first quarter of the 2020-2021 fiscal year starting October, according to figures of the Directorate of Investment and Company Administration (DICA). In the reviewed quarter of the current fiscal year, the Myanmar Investment Commission (MIC) gave the go-ahead to 23 foreign investment enterprises. During the period, the manufacturing sector attracted most investment capital with over 158 million USD, followed by the hotel and tourism sector with more than 81 million USD and the electricity power sector, over 48 million USD, the DICA figures showed. In the last fiscal year, Myanmar attracted over 5.5 billion USD in investment from 245 permitted foreign enterprises. Singapore, China and Thailand are top leading investors in the Southeast Asian nation. Regionally, the Yangon region attracts 60 percent of the investment from both home and abroad, followed by Mandalay … [Read more...] about Myanmar attracts over 348 million USD in foreign investment in Q1

Hanoi (VNA) – The resort city of Da Lat in the Central Highlands province of Lam Dong aims to welcome more than 4 million visitors, including 150,000 foreigners in 2021, according to the provincial Department of Culture, Sports and Tourism. In 2020, the city’s tourism sector was affected by the COVID-19 pandemic and it failed to meet its goal of serving 7.8 million visitors, including over 580,000 international tourists. Only 4 million vacationers, including 120,000 foreigners, visited Da Lat last year, down 44 percent from 2019. The city saw the arrival of around 70,000 holiday-makers during the three-day New Year 2021 holiday, signalling positive signs for the city’s tourism sector in the coming year. Lam Dong province now has more than 2,540 accommodation facilities with over 29,400 rooms, 47 travel companies and transport providers./. … [Read more...] about Da Lat aims to welcome more than 4 million visitors in 2021

The Prime Minister initially assigned the People’s Committee of Ba Ria – Vung Tau Province to send a preliminary feasibility study report for approval of the project's investment policy. However, the Ministry of Transport had not added the project to the list of the public investment plan for the medium term of 2021 – 2025 and the People’s Committee of Ba Ria – Vung Tau Province had faced difficulties in the implementation process of related works to start the project. As this reason, the Ministry of Transport suggested the Ministry of Planning and Investment to adjust the public investment plan for the medium term of 2021 – 2025 in order to provide State budget for the project. In December 2020, the Ministry of Transport was in charge of reviewing and updating the report to the Prime Minister for the approval of the project's investment policy under the public-private partnership (PPP) form. The Ministry of Transport is currently promptly carrying … [Read more...] about Bien Hoa -Vung Tau expressway to receive US$293 million from State budget