Located 80 kilometers away from mountain resort town of Sa Pa, the domestic airport will have nine aircraft parking slots, and will be used for both civilian and military purposes. Its single runway will be able to receive aircraft similar to the narrow-body Airbus A320 and Boeing 737-700. A six-lane road will be built to the 371 hectare airport with the existing Hanoi – Lao Cai Expressway. Authorities in the northern highlands province of Lao Cai, where Sa Pa Town is located, had said that they would need VND3.09 trillion ($133 million) from the state to build the airport. The central government’s proposed contribution would amount to 52 percent of the airport’s total investment, which is estimated at VND5.9 trillion ($254 million). The province had proposed that construction of the airport begins this year and be completed in 2021. The airport is expected to mainly serve tourists from southern Vietnam and southwestern China. However, some aviation experts have … [Read more...] about Government approves northern highlands airport in Sa Pa
International airport in vietnam
Hefty investments Among 70 countries and territories in which Vietnamese have investments, Laos, Cambodia and Myanmar are the three biggest target markets. Laos is the biggest FDI recipient from Vietnam, having accepted $5 billion worth of registered investments. In January 2017, Viettel received an investment license for setting up a telecom network in Myanmar – Mytel. BIDV in 2016 got a license to set up a branch in Myanmar – BIDV Yangon with charter capital of $85 million. The dairy factory Vinamilk built in Cambodia became operational in 2016, while the Vietnam Rubber Group began processing rubber latex in 2015. Hoang Anh Gia Lai Group is one of the biggest outward investors. In addition to a series of projects on agriculture production in Laos, in 2015 built the Attapeu international airport worth $36 million and HAGL Center worth $550 million in Myanmar. In 2016, it kicked off the second phase of HAGL Center and joined forces with Melia Hotel to run a … [Read more...] about How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?
Deputy Prime Minister Vũ Đức Đam speaks at the ceremony. VNA/VNS Photo Dương Giang HÀ NỘI — A ceremony to announce the establishment of the National Action Centre for Toxic Chemicals and Environmental Treatment (NACCET) was held yesterday in Hà Nội. In July, Prime Minister Nguyễn Xuân Phúc signed the decision to establish the NACCET. The organisation will be responsible for running tasks to overcome the post war consequences of chemical toxins to environment and humans; handling pollution of toxic chemicals and hazardous substances, overcoming incidents of toxic chemicals and environment nationwide; and building and managing a database on overcoming post war consequences of toxic chemicals. Hà Văn Cử, General Director of the NACCET, said while the war had ended long ago, its consequences remained. “Tackling post-war toxic chemicals and carrying out activities to ensure security and … [Read more...] about Centre for toxic chemicals and environmental treatment established