Pham Huu Son, a spokesperson for the TEDI-TRICC-TEDISOUTH consortium said the Ministry of Planning and Investment's (MPI) estimate of $26 billion for the North-South high-speed raiway project "has no basis." The MPI's price tag is much lower than the $58.7 billion proposed earlier by the Ministry of Transport (MoT) because of lower speeds at which trains will run and "a more optimized route." The train speed under the MPI’s proposal is 200 kilometers an hour, lower than the 350 kilometers proposed by the MoT. The TEDI-TRICC-TEDISOUTH, comprising three Vietnamese construction firms, has been hired by the MoT as a consultant for the project's pre-feasibility study. Son, also CEO of TEDI, one of the three firms, said the consortium has worked out that a top speed of 200 kilometers per hour proposed by the MPI would only cut track costs by 10 percent and equipment costs by 26 percent. "We have made detailed calculations for different speeds. There … [Read more...] about Cutting high-speed rail cost by half impossible, says consultancy
200 kw solar power plant cost
At the inauguration ceremony (Photo: VNA) Tay Ninh (VNA) – Lavifood Joint Stock Company officially put into operation its Tanifood vegetable and fruit processing plant in the southwestern province of Tay Ninh on January 6, hoping to make international-standard products for export to the US, the European Union, the Republic of Korea, Japan and Australia. At the inauguration ceremony, Deputy Prime Minister Truong Hoa Binh emphasised the importance of the plant to the country’s agriculture. He asked Lavifood leaders to better the quality of products and enhance competitive capacity to make more contributions to the agricultural product processing sector. Provincial authorities should accompany and support the company to raise the value of vegetables, while competent ministries and sectors must continue providing assistance, and removing bottlenecks for it, he added. According to Minister of Agriculture and Rural Development Nguyen Xuan Cuong, the plant was … [Read more...] about 76.6 million USD veggie processing plant inaugurated in Tay Ninh
With reasonable selling prices and Vietnamese brand, Vsmart’s products are capable of dislodging Chinese brands from the Vietnamese market. The Vietnamese smartphone manufacturer, at its debut event on December 14, 2018, introduced four models. All of them belonged to the low- and medium-end market segments with starting prices of VND2.5-6.3 million. While Vingroup still pursues the strategy of making luxury sedans, Vsmart Lux and Vsmart Super Lux still have not been marketed. However, many things changed a year later. While Vingroup still pursues the strategy of making luxury sedans, Vsmart Lux and Vsmart Super Lux still have not been marketed. Thanh Mai Who are the potential clients for Vsmart’s huge smartphone plant? As the habit of Vietnamese smartphone users has changed, mobile network operators in Vietnam can now cooperate with Vsmart to provide smartphones at low prices with associated service packages. … [Read more...] about Low-cost smartphones – a new strategy of Vsmart?
A BOT toll station in Quang Tri province (Source: VNA) Quang Tri (VNA) - Economic zones and industrial parks in the central province of Quang Tri attracted over 40 trillion VND (over 1.7 billion USD) from 150 investment projects as of July this year. Quang Tri is currently home to the southeast coastal economic zone, Lao Bao special economic zone and three IPs, namely Nam Dong Ha, Quan Ngang and Tay Bac Ho Xa. These have lured a great number of investment projects, mainly in the fields of thermal and gas-fueled power, and infrastructure development. The My Thuy deep sea port, invested by the My Thuy International Port Joint Venture Company with total capital of 14 trillion VND (over 602.4 million USD), is among major projects implemented in the locality. Covering an area of 685 ha, the port includes 10 ports, which are capable of receiving 100,000-tonne ships. The Lao Bao special economic zone located in the East-West Economic Corridor, has attracted 50 projects in service, … [Read more...] about Quang Tri: over 1.7 bln USD poured into economic, industrial zones
Nation Time for action to cope with air pollution The Saigon Times Daily Sunday, Dec 15, 2019,15:36 (GMT+7) Time for action to cope with air pollutionThe Saigon Times Daily Air pollution in Hanoi has worsened, making the Vietnamese capital city one of the most dangerous places in the world to live in. Last Friday, according to Nguoi Lao Dong newspaper, the monitoring system of the municipal Environmental Protection Agency showed that 10 of 11 sites were encountering serious air pollution, with the air quality index exceeding 200. The reading, categorized at the purple level, indicated that the air quality was very hazardous and residents may experience serious health problems. The red-alarm air quality in Hanoi City on the day was recorded by various media, including Air Visual as a website that tracks air quality in cities around the world, and Pam Air, an environmental quality tracking app. Faced with the problematic air … [Read more...] about Time for action to cope with air pollution