The Hanoitimes - The underground parking lot lies on an area of about 14,500m2, with a total investment of about VND565 billion (US$24.3 million). Hanoi to build smart parking lot in Hoang Mai district Hanoi to enhance regulation inspection on parking services Building an underground parking in Cau Giay park is suitable to the planning and should be encouraged to meet local residents’ demand, according to a representative from the Hanoi Department of Planning and Architecture. Hanoi’s Cau Giay park is being studied to build an underground parking. Photo: Kinhtedothi.vn In August 2018, Tay Ho Urban Development and Investment Joint Stock Company submitted a proposal to Hanoi’s authority on building an underground parking able to house 820 cars. The underground parking lot lies on an area of about 14,500m2, with a total investment of about VND565 billion (US$24.295 million). The parking lot has three basements, of which the second and third ones … [Read more...] about Hanoi evaluates underground parking in Cau Giay park
Real estate giant CEO Group may face difficulties as its golden goose Sonasea Villas & Resorts appeared on the Ministry of Construction’s radar, and two other long-delayed projects are at risk of cancellation by the Hanoi People’s Committee. CEO Group's Seven Star building takes up a valuable land plot at D27 in Cau Giay district. Photo: baotainguyenmoitruong.vn Along with giant real estate groups like BIM Group, Bitexco, Gelemexico, and Khang Dien JSC, CEO Group will be inspected by MoC in 2018. The inspection will target the group’s main source of revenue, Sonasea Villas & Resorts in Phu Quoc Island, according to dantri.com.vn. According to statistics from the Hanoi Department of Natural Resources and Environment, there are over 200 long-delayed projects. In addition, 172 projects have been delayed for more than 24 months and 72 projects have not completed their financial obligations (holding a total debt of over $207 million). CEO … [Read more...] about CEO Group in hot water
After the launch of Vietnam’s first QR code store in Ho Chi Minh City, Hanoi is also planning to pilot similar stores in 2018, aiming to boost the development of e-commerce in the capital. However, with only five million Vietnamese people using QR codes to pay, it remains a question whether these new stores will become popular in Hanoi. A vending machine at Hoan Kiem Lake The information that Hanoi will pilot QR code stores raised hopes that these stores will be more user-friendly than current vending machines or other convenience stores. Lien (Cau Giay district) said, “It is necessary to open QR code stores in Hanoi, because payment via QR code is easier than other forms. For example, with payment via QR code, I never need to worry about how much cash I have on me or if the change is correct." Nguyen Hau (a tourist in Hanoi) told VIR, “Young people like us value convenience and quick service above all, so I think applying QR code in convenience stores is a good … [Read more...] about Will QR code stores become the new craze in Hanoi?
Despite the fact that the construction of Metro Line No.2 connecting South Thang Long and Tran Hung Dao has been delayed for ten years now, the Hanoi People’s Committee proposed the government to add VND16.1 trillion ($701.78 million) to the project, increasing its total investment capital to VND35.7 trillion ($1.56 billion). Metro Line No.2 has been delayed for 10 years (Illustration image) Approved in November 2008, the project is invested by Hanoi Metropolitan Railway Management Board (MRB) with the total investment capital of VND19.55 trillion ($857.5 million) by the Japan International Cooperation Agency (JICA). Under the approved plan, the metro line will be 11.5 kilometre long, nearly 9km of which will run underground and 2.6km above the surface. It consists of a 17.5-hectare depot in Xuan Dinh ward, North Tu Liem district, and ten stations, including three elevated and seven underground. The project was expected to come into operation in 2017, however, the … [Read more...] about Long delayed Metro Line No.2 may be added $701.78 million?
After finding inadequacies in many buildings’ fire protection system, Hanoi’s residents demonstrate to put pressure on investors of the apartment buildings where they live. Song Da apartment building's residents in Hadong district demonstrate for the error fire prevention system The residents of high-end apartment building Hei Tower in Hanoi’s Thanh Xuan district have hung banners with contents related to fire prevention and have been demonstrating against the building’s investor for two days. According to residents living at Hei Tower, the investor handed over the building’s mansard roof, which remains a public property free to be enjoyed by residents, to partners to open a restaurant. After the Carina Plaza fire in Ho Chi Minh City, residents and the management board of the building checked the fire exits and the fire prevention system to discover insufficiencies, such as the broken fire alarm system and locked fire exits. These issues were … [Read more...] about Hanoi residents demonstrate against poor fire readiness