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[2009-07-07] Nam Cuong's Hanoi construction projects to be scrutinized
Nam Cuong's Hanoi construction projects to be scrutinized
(Listed Jul 7, 2009)
A team from the Ministry of Planning and Investment will inspect some giant infrastructure projects undertaken by Nam Cuong Group in Hanoi on July 7 and 8 to ensure regulations are being followed and quality is maintained.Nam Cuong is building a road in Ha Dong that will link up with Hanoi’s Le Van Luong Street and the north-south arterial road in former Ha Tay Province, now part of the c... |
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[2009-07-07] Second house market surge begins in Viet Nam
Second house market surge begins in Viet Nam
(Listed Jul 7, 2009)
The Saigon Thuong Tin Real Estate Company (Sacomreal) on July 1 launched the sale of 124 villa land lots of the resort project Casallwa’ Hills in south-central Binh Thuan Province.Located in the coastal Ham Tan District, land prices start from VND3.5 million (US$195) per square meter, depending on location and acreage, according to the project’s exclusive sales agent.This 200ha development, the ... |
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[2009-07-07] Hanoi real estate market witnessing new fever
Hanoi real estate market witnessing new fever
(Listed Jul 7, 2009)
The Hanoi real estate market these days is witnessing a new price fever after a rumour spread that Hanoi authorities will allow the 240 real estate projects in the former Ha Tay province to be implemented.Real estate trading floors and brokerage centres these days seem to be more bustling with visitors coming to seek information about some projects which will introduce products for sale. The products are mostly in the western a... |
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[2009-07-07] City to expand worker accommodations
City to expand worker accommodations
(Listed Jul 7, 2009)
The HCMC government plans to complete 18 housing projects to supply more living space for workers at the city's industrial parks, export processing zones and those working at enterprises outside the industrial parks, according to a report of the Budgetary and Economic Committee of the HCMC People's Council.The projects will cover some 44 hectares to house 112,240 workers in the development period of 2009-2015, said the report.The city h... |
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[2009-07-07] VN’s longest road will follow coast for 3127km
VN’s longest road will follow coast for 3127km
(Listed Jul 6, 2009)
The country's longest road will run 3,127km along the coast from Nui Do port in the northern province of Quang Ninh to the Xa Xia Border Gate in the Cuu Long (Mekong) Delta province of Kien Giang. A term-end report submitted to the Ministry of Transport by the Viet Nam Road Department says 1,800km of this road will be formed by sections of existing provincial roads and national highways along coastal areas, acc... |
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[2009-07-07] Steel prices feel pressure
Steel prices feel pressure
(Listed Jul 6, 2009)
Steel prices are expected to increase soon, driven by rising costs of pig iron on the world market. Pig iron has gone up by more than US$20 per tonne and the import tax has also increased by 3 percent, according to the Viet Nam Steel Association. Demand for steel is also reviving from the recent economic slump, and driven in part by the Government stimulus package which increased credit for many construction projects, the association said... |
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[2009-07-06] A race to launch apartments
A race to launch apartments
(Listed Jul 6, 2009)
After launching some 670 apartments of the Riverside Residence in four phases since early this year, Phu My Hung Corporation will start marketing another condo project on July 12, launching some 290 apartments of the project named Riverpark Residence on Nguyen Duc Canh Street in HCMC's District 7. The luxury condo project is expected to woo home-buyers with green view living space in the third quarter.Phu My Hung is one of ... |
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[2009-07-06] Vinh Phuc ranks 5th nationwide in investment attraction
Vinh Phuc ranks 5th nationwide in investment attraction
(Listed Jul 6, 2009)
Since early this year, the northern province of Vinh Phuc has drawn more 40 new investment projects with US$136.7 million in capital, ranking 5th nationwide in investment attraction.Among these new projects, 5 with Foreign Direct Investment (FDI) have a capital of US$80.5 million. Up to now, the province has seen over 400 projects with a total capitalisation of US$2 billion, generating jobs for 3... |
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[2009-07-06] Room rents double as thousands of uni candidates flock to cities
Room rents double as thousands of uni candidates flock to cities
(Listed Jul 6, 2009)
More than 800,000 examinees sit for the first session of the college entrance exam today as an influx of students and parents poured into the country’s biggest cities where the tests take place.Ha Noi, with the biggest concentration of universities and colleges in the country, has seen the price of rentals soar from the end of last month to early this month, especially in neighborh... |
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[2009-07-06] Proposed housing plan targets poor
Proposed housing plan targets poor
(Listed Jul 6, 2009)
The Ministry of Construction has submitted to the Government a plan to provide housing assistance to poor rural households nationwide.Under the plan, the State would provide each poor household with VND6-7 million (US$337-393) to build or repair their homes.If funds beyond the amount were needed, they would be allowed to borrow a loan of up to VND8 million ($449) from the Social Policy Bank at 3 percent interest per ... |
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[2009-07-05] Vietnam wins award in global architecture competition
Vietnam wins award in global architecture competition
(Listed Jul 5, 2009)
The Global Holcim Awards for Sustainable Construction presented the silver award, worth US$200,000, to architects of a low-impact green field university campus July 3.The architecture university, in the suburb Can Tho City, was designed by Japanese architects Kazuhiro Kojima and Daisuke Sanuki and a Vietnamese architect Vo Trong Nghia.The design attains harmony among the surrounding area and saving e... |
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[2009-07-04] First modern urban highway to be built in Vietnam
First modern urban highway to be built in Vietnam
(Listed Jul 4, 2009)
The second phase of ring road number 3 in Hanoi will be launched at the end of this year according to the Ministry of Transport.The total investment capital for the project will be VND5,000 billion including VDN3,000 billion for road signs and VND1,000 billion for reservation. The length of the highway will be 9 km with 380 metres road and 8 km bridge. Vehicles will be able to travel at 100 km an hour.The projec... |
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[2009-07-04] Cross-country expressway in the offing
Cross-country expressway in the offing
(Listed Jul 4, 2009)
The Ministry of Transport is pursuing an ambitious plan to develop an expressway across the country with a vehicle speed of more than 100 km per hour.The Vietnam Road Administration has submitted to the transport ministry the final report on the master north-south road plan which will connect Phap Van of Hanoi City and the Can Tho Bridge in the southern Mekong Delta.The cross-country road will be divided into 16 sect... |
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[2009-07-03] Too many cars, not enough parking spaces
Too many cars, not enough parking spaces
(Listed Jul 3, 2009)
Despite high tariffs introduced to keep numbers low, the capital city is being over-run with cars. There is only enough public parking space for 20 percent of vehicles - or 50,000 out of the estimated 230,000 cruising the streets of the city.Nguyen Anh Tuan, head of the Department of Transport’s advisory committee, said there were 127 public parking lots for cars, but this was far short of demand.The lack of ... |
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[2009-07-03] Revocation of golf course land urged
Revocation of golf course land urged
(Listed Jul 3, 2009)
The Dat Do District Party Committee has proposed to the Ba Ria-Vung Tau Province People’s Committee that it revoke the land granted for a golf course project in the district’s Phuoc Hai Town. The project, covering nearly 100 hectares in Phuoc Hai Town, was approved in 2002 and registered with an investment of VND800 billion (US$44 million now) by the Huong Sen Joint Stock Company.According to the ... |
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