Airports Corporation of Vietnam (ACV) was proposed to do the key civil aviation project components to improve Tan Son Nhat International Airport to 50 million passengers in 2022. The MoT proposed assigning ACV to carry out key tasks at the Tan Son Nhat International Airport project In the document sent to the prime minister on capital mobilisation and the schedule of developing Tan Son Nhat International Airport project, the Ministry of Transport (MoT) said that if the project called for private investment, it would take nearly two years to carry out the procurement procedures to select investors. Accordingly, it is very difficult to improve the capacity of the airport to 50 million passengers by 2022, as the airport is already overloaded. Therefore, the ministry proposed to assign ACV to develop Terminal 3 first in 2018-2020 with the annual capacity of 20 million passengers on the area handed over by the Ministry of Defence. ACV will also develop two components, which, … [Read more...] about ACV to play key role in Tan Son Nhat International Airport expansion?
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The resort, developed by the Sun Group, won Asia's Leading Green Resort, Asia's Leading Luxury Hotel Villa, Asia's Leading Luxury Resort, Asia's Leading Luxury Wedding Resort and Vietnam's Leading Luxury Resort awards for this year. Representatives of Sun Group received WTA awards. The high-end property beat the winner of the previous four consecutive years, Mission Hills Shenzhen (China) and seven other competitors to become Asia's Leading Green Resort 2018. It also surpassed numerous other heavyweight competitors to retain the Asia's Leading Luxury Resort title for the fifth consecutive year since 2014. In the framework of the event, the Bai Bac Bay Villa, the latest addition to the resort’s luxury collection of penthouses and villas designed by famed architect Bill Bensley, received the Asia's Leading Luxury Hotel Villa Award for the first time. The sprawling retreat is conceived by luxury hotel architect Bill Bensley. Speaking at the awards ceremony held in … [Read more...] about InterContinental Danang wins top World Travel Awards
InterContinental Danang Sun Peninsula Resort developed by Sun Group had a good harvest of prestigious awards at the World Travel Awards 2018 organised in Hong Kong on September 3. InterContinental Danang won five awards at this year's World Travel Awards Notably, InterContinental Danang Sun Peninsula Resort has won the following accolades: Asia’s Leading Green Resort 2018, Asia’s Leading Luxury Hotel Villa 2018, Asia’s Leading Luxury Resort 2018, Asia’s Leading Luxury Wedding Resort 2018, and Vietnam’s Leading Luxury Resort 2018. Of particular note, this year, InterContinental Danang Sun Peninsula Resort overcame the winner of the previous four consecutive years, Mission Hills Shenzhen (China) as well as seven other competitors to become Asia’s Leading Green Resort 2018. The prize showed that the organising board recognised the efforts of the investor Sun Group and the managing unit InterContinental Hotel Group to create a luxurious green … [Read more...] about InterContinental Danang takes over World Travel Awards
Over VND96 trillion of G-bonds mobilised The State Treasury of Viet Nam has raised a total of VND96.251 trillion (US$4.13 billion) via auctions of Government bonds at the Ha Noi Stock Exchange (HNX) since the beginning of the year. At an auction this week, the State Treasury mobilised VND3.95 trillion from five-year and seven-year bonds worth VND500 billion each and 10-year bonds and 15-year bonds worth VND2 trillion each. The interest rate of bonds increased slightly. Bonds with 10-year maturity raised VND1.55 trillion with an annual interest rate of 4.53 per cent, up 0.03 percentage points from the previous auction on August 1. A sub-session auction of 10-year bonds drew VND600 billion with the yearly interest rate of 4.53 percent. Those with a 15-year term attracted VND1.2 trillion with an annual interest rate of 4.81 per cent, up 0.03 percentage points in comparison with the rate of the previous auction on July 25, 2018. As much as VND600 million was mobilised … [Read more...] about BUSINESS NEWS IN BRIEF 15/8
There is great potential for applying the Public-Private Partnership (PPP) model in environmental protection, but this has not happened because a proper legal framework is missing, experts say. "There are many bad things happening to the environment and we need a proper mechanism so that we can mobilise all resources to deal with them," said Ho Cong Hoa, an economist with the Central Institute for Economic Management (CIEM). Speaking at a meeting held in Hanoi last week on ways to promote PPP in protecting the marine and coastal environment, he said Vietnam faced many challenges in protecting its natural resources and coastal environment, including pollution from the mainland (wastewater and solid waste), over-exploitation of resources, destruction of mangrove forests and coral reefs, climate change, rise in water levels and land erosion. "At present, the Government has been investing and operating on its own as it copes with all these problems, but it is hampered by scarce resources, … [Read more...] about Bản in : PPP model helps environmental protection