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[2009-09-05] Hanoi to build apartment blocks for resettlement of 19,000 families

Hanoi to build apartment blocks for resettlement of 19,000 families (Listed Sept 05, 2009) The Hanoi Department of Planning and Architecture has introduced three sites for building large-scale residential areas for the resettlement of 19,000 households in Tu Liem, Hoai Duc and Thanh Tri districts.The department has also researched the building of resettlement apartment blocks in the districts of Dong Anh, Gia Lam and the southwestern area of universities in Tu Liem district. Each residential ...
[2009-09-05] Linh Dam New Urban Area: A Project To Celebrate the 1,000th Anniversary of Thang Lo

Linh Dam New Urban Area: A Project To Celebrate the 1,000th Anniversary of Thang Long Hanoi (Listed Sept 05, 2009) On June 15, 1997 the Housing and Urban Development Company, which is now the Housing and Urban Development Corporation (HUD) of the Ministry of Construction, began to build the Linh Dam New Urban Area - the first new urban area of the country. The Linh Dam New Urban Area has been built as a high-quality residential area in Hanoi. Previously, nobody thought that a piece of f...
[2009-09-04] Bridging compensation gaps tough work for Nhat Tan project

Bridging compensation gaps tough work for Nhat Tan project (Listed Sept 04, 2009) Seventy-five households are hindering the development of a high-profile Hanoi bridge project. The Nhat Tan bridge will be the country’s largest suspension bridge, and once it is completed by October, 2012, it will cut travel times from Hanoi’s centre to Noi Bai airport in half. According to the latest report from project investor Ta Ngan Infrastructure Project Management Unit, the 75 households in ...
[2009-09-04] Largest bridge in Northwest Vietnam inaugurated

Largest bridge in Northwest Vietnam inaugurated (Listed Sept 04, 2009) An important bridge over the Hong (Red) River at a Vietnam-China border gate was inaugurated September 1 after three years of construction. The bridge is the biggest in the northwest area of Vietnam and was a cooperation project between the two countries. It was built by Thang Long Bridge Company I, at a cost of about VND130 billion (US$7.2 million).The bridge, 295 meters long with four lanes for vehicles and two for pas...
[2009-09-04] Prime Minister tells Hanoi not build Hoa Lac golf course

Prime Minister tells Hanoi not build Hoa Lac golf course (Listed Sept 04, 2009) Prodded by Prime Minister Nguyen Tan Dung, Hanoi has considerably scaled back plans for golf course construction. The Hanoi authorities recently reviewed 15 golf course projects, rejected ten, and authorized five to go forward. Now the Prime Minister has instructed Hanoi to cancel one more, an 18-hole golf course project in the Hoa Lac Hi-tech Project near Son Tay northwest of central Hanoi that was still in the ...
[2009-09-04] Abu Dhabi property prices to rise before Dubai

Abu Dhabi property prices to rise before Dubai (Listed Sept 04, 2009) Real estate prices in Abu Dhabi, the United Arab Emirates’ capital and wealthiest of its seven emirates, will recover before those in Dubai because of a shortage in housing and office space, JPMorgan Chase & Co. said. “While large scale Dubai projects hang in the balance, Abu Dhabi’s real estate, infrastructure and commercial project pipeline remains nearly intact,” JPMorgan said in an e-mailed ...
[2009-09-04] More Bank Shares Listed on HOSE

More Bank Shares Listed on HOSE (Listed Sept 04, 2009) Mr. Tran Dac Sinh, the general director of the Ho Chi Minh City Stock Exchange (HOSE), said that at least four banks - the Military Commercial Joint Stock Bank (MB), the Vietnam Export Import Commercial Joint Stock Bank (EXIMBANK), the Saigon Commercial Bank (SCB) and the Lien Viet Commercial Joint Stock Bank - are accomplishing the necessary procedures to have their shares listed on the Ho Chi Minh City Stock Exchange. State Securities Co...
[2009-09-03] Essential road system opened to ease traffic in city

Essential road system opened to ease traffic in city (Listed Sept 03, 2009) Phu My cable-stayed bridge and road along Tau Hu – Ben Nghe Canal, both parts of the East-West Highway, opened to traffic on September 2. They are two events to highlight Ho Chi Minh City’s development, especially when the city’s bridge and road system has day after day become overloaded. The ten kilometer bridge over Sai Gon River connecting Districts 2 and 7, which opens to traffic on National Day...
[2009-09-03] FDI in search of sunlight

FDI in search of sunlight (Listed Sept 03, 2009) The Ministry of Planning and Investment (MPI) is searching for the best scenarios for the country’s foreign direct investments (FDI), on the back of international analysts’ predictions that a rebound could be postponed until 2011. During this process, a slow down of licenced foreign-invested projects and a growing rivalry for drawing new capital are critical concerns for economic planners. The MPI’s FDI planners are scratchi...
[2009-09-03] 2009 Golden Dragon Awards

2009 Golden Dragon Awards (Listed Sept 03, 2009) The Vietnam Economic Times and the Foreign Investment Department of the Ministry of Planning and Investment will host the Golden Dragon Awards in mid-January 2010 at the Hanoi Opera House to honor contributions of foreign investment businesses to the Vietnamese economy.   Professor Dao Nguyen Cat, the editor-in-chief of 'Vietnam Economic Times' and the head of the Golden Dragon Awards Organizing Board, said that this year's awards wi...
[2009-09-03] Investment door wide open for City to Delta express railway

Investment door wide open for City to Delta express railway (Listed Sept 03, 2009) Director of the Viet Nam Railway Department Vu Xuan Hong spoke to Dau Tu (Viet Nam Investment Review) about a project to build an express railway from HCM City to Can Tho.Will the project be built basing on plans proposed by South Korean or by Japanese consultants?The Ministry of Transport has entrusted us to make a report on the project on the basis of a plan proposed by a joint venture between the HCM City-b...
[2009-09-03] Hanoi takes next step to axe golf courses

Hanoi takes next step to axe golf courses (Listed Sept 03, 2009) Hanoi’s People’s Committee on Friday officially requested the government to allow it to revoke the licenses of 11 golf courses. On the cancellation list is the still-to-be-constructed Me Tri Sport & Amusement Complex of 32 hectares. It was given an investment license in 2007 but most of the site is being used to grow rice. Three slated golf projects still being used for rice paddies are Tuan Chau-Ha Tay ecot...
[2009-09-03] HCM City to host two exhibitions on construction industry

HCM City to host two exhibitions on construction industry (Listed Sept 03, 2009) Two international exhibitions on construction industry, building materials and interior and exterior decor will be held in Ho Chi Minh City in September. The announcement was made at a press conference jointly held by the Ministry of Construction’s Information Centre and the HCM City-based AFC International Exhibition and Fair Company on August 28. Vietbuild 2009, scheduled to take place from September 9 to1...
[2009-09-03] Starwood to manage Le Meridien Saigon hotel

Starwood to manage Le Meridien Saigon hotel (Listed Sept 03, 2009) Starwood Hotels & Resorts Worldwide, Inc. will manage Le Meridien Saigon hotel, located in Ton Duc Thang street, Ho Chi Minh City. The agreement was signed on August 31 between representatives of Starwood and Tien Phuoc & 990 Limited Company, the hotel’s investor. The US$120 million hotel, covering 3,236 sq.m, will offer 357 rooms and nearly 14,000 sq.m of office space for lease. The 23 storey-building will be bui...
[2009-09-01] Hanoi plans $35 million housing project

Hanoi plans $35 million housing project (Listed Sept 01, 2009) The Hanoi Construction Department has announced plans to build 15,500 apartments, equivalent to 1.5 million square meters of housing, for low-income buyers by 2015. The central government will finance the project, which is projected to cost VND625 billion (US$35 million), the deputy head of the ministry’s Housing and Real Estate Market Management Department said at a housing conference on Friday. Nguyen Trong Ninh attached th...
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