Posted on 02 February 2010 by hoang
The People’s Committee of Thai Nguyen province and the An Khanh Thermo-electric Power Joint Stock Company have started the construction of the An Khanh Thermo-electric Power Plant in An Khanh commune, Dai Tu district, with a capacity of 100 MW.
The VND 2 trillion plant covers an area of 22.7 hectares.
The main source of material for the plant is the assorted coal of poor quality in Thai Nguyen province and the Khanh Hoa coal mine with a total demand of around 420,000 tonnes a year.
It is planned that the plant will have generated electricity by 2012.
Once operational, the plant will create jobs for 400 workers and contribute around VND 100 billion to the State budget every year.
This is the biggest ever project in Thai Nguyen province, with an enterprise in the province as its investor.
Posted on 02 February 2010 by hoang
| The Prime Minister Nguyen Tan Dung has signed the decision on recognising Quy Nhon as the first-grade city administered to the central province of Binh Dinh.
Quy Nhon city is located in the southeast of the central coastal province of Binh Dinh, covering a total area of 284.28 km2. |
It boasts a geographical and landscape diversity, with mountains, forests, hills, rice fields, salt fields, ponds, lakes, rivers, sea, islands and peninsulas.
The city has a coastline of 42 km and a rich marine biodiversity.
Its economic sectors are industries, trade, trade, seaport services, aquaculture, and tourism.
The city targets to become a centrally-administered city by 2020 and an industrial, trade and service center which plays an important role in the central key economic region.
Posted on 01 February 2010 by hoang
The Silver Shores joint venture opened an international tourism centre in Da Nang’s Ngu Hanh Son (five marble mountains) district on January 26.
It consists of a five-star hotel chain and an entertainment area, including the biggest international casino in Vietnam.
In addition, there are 52 upmarket villas and a 1,000-seat national conference building.
The entertainment area alone covers 15,000 sq.m, capable of providing baccarat, blackjack, Sic bo, Roulette, Caribbean Stud Poker and other games for hundreds of foreigners at the same time.
The whole project is estimated at US$160 million in total.
Posted on 01 February 2010 by hoang
Vietinbank Ba Dinh Branch committed to fund $60 million dong to CapitaLand Hoang Thanh Ltd Co to develop the Mulberry Lane high class apartment
project in Mo Lao urban area, Ha Dong Dist, Hanoi.
The commitment was signed on January 29.
Mulberry Lane project has total area of 2.4 hectares, comprising 1,500 high class apartments.
Posted on 01 February 2010 by hoang
Ben Thanh Real Estate Investment Joint Stock Co (Ben Thanh Land) and Grand Capital Investment Fund are jointly introducing five-star apartments in HCM City these days.
The five-star Saigon Luxury Apartment is part of Ben Thanh Times Square project. The 22 story building includes 88 apartments located at No 172-174 Ky Con in HCM City’s Dist 1.
Total area is 18,000 square metres with two basements for parking and other facilities such as trade centre, mini supermarkets, café, and office for lease, swimming pool, spa and restaurants.
Posted on 01 February 2010 by hoang
The Housing and Urban Development Corp (HUD) officially started construction project of Phu My new urban area in Nghia Chanh Ward, Quang Ngai City, Quang Ngai province on January 30, 2010.
The new urban area will be built on an area of 170 hectares, including Green Park, lake, apartment buildings, and villas. In addition, in the new urban area, there will be a resettlement area, social houses, and apartments for low-income residents with the total floor area of 1.2 million square metres.
The project’s total investment capital is calculated at 1.25 trillion dong. The construction of this new urban area is expected to last until 2013.
Posted on 01 February 2010 by hoang
PetroVietnam Fertiliser Chemicals Corp (PVFCCo), PetroVietnam Finance Joint Stock Corp (PVFC) and PetroVietnam Oil Corp (PV Oil) started construction work on an official building in Q1, HCM City on January 30, 2010.
The project’s investor was PetroVietnam Fertiliser Chemicals Corp (PVFCCo), and PVFC as the main contractor. The new office building included three basements and 14 storeys with total construction area of 16,355 square metres, and campus area of about 1,750 square metres.
The total investment capital for this project was estimated at 758 billion dong, in which PVFCCo contributed 33 percent of the total, PVFC of 42 percent and PV Oil of 25 percent.
The new office building is expected to be opened and put into operation in the end of Q1 of 2011.
Posted on 01 February 2010 by hoang
Six Senses Resorts and Spas has entered into an agreement with Ninh Van Bay Travel Real Estate Joint Stock Company for the management of two new luxury resorts in Vietnam.
Six Senses Latitude Saigon River, which is located in Dong Nai Province, is scheduled to commence operations by the second quarter of 2011 while Six Senses Latitude Phu Quoc, located in Kien Gang Province, is envisaged to open in 2012.
Currently, Six Senses manages the Six Senses Hideaway Ninh Van Bay in Nha Trang, which is owned by Ninh Van Bay. (hvs.com)
Posted on 01 February 2010 by hoang
The construction of the new Nam Dinh – Phu Ly road started on January 29 in Nam Dinh city with the Tasco Joint Stock Company as its investor.
The road, 25 kilometres in length, has a total investment capital of nearly VND 3 trillion.
According to the investor’s commitment, the road will have been put into operation by 2014, making a contribution to avoiding traffic jams and minimising traffic accidents and creating opportunities for investment attraction and socio-economic development in Nam Dinh and Ha Nam provinces and their surrounding provinces in the southern area of the Red River Delta.
Posted on 01 February 2010 by hoang
Two new wind power plants to produce 74 megawatts of power will be constructed in Binh Thuan Province by year-end, raising the number of renewable energy projects in the province to three, said Dinh Huy Hiep, vice director of the province’s Department of Industry and Trade.Hiep said the two new wind power projects were the 50-megawatt Thuan Nhien Phong Plant developed by Asia Renewable Energy Joint Stock Company in Bac Binh District and a plant developed by Electricity of Vietnam (EVN) in Tuy Phong District with a generation capacity of 24 megawatts.
Hiep told the Daily on Thursday that Binh Thuan had an operational wind power plant in Tuy Phong with an electricity output of 7.5 megawatts deployed by Vietnam Renewable Energy Joint Stock Company (REVN).
He said REVN expected to install another 15 wind turbines at its plant to increase capacity to 30 megawatts.
According to the department, total wind power reserves in Binh Thuan are around 4,000 megawatts and the province has approved 12 new wind power projects totaling 1,500 megawatts.
However, many of the potential areas for developing wind power overlap with titanium reserves, causing the province to limit new wind power projects.
To help solve this problem, the province last week established the Binh Thuan Wind Energy Association to accelerate the development of local renewable energy as an optimal solution for future energy supply.
Hiep said the key objectives of the new association in 2010 would be solving the location question and helping to prepare new policies and an overall plan to develop the green energy.
The association this year will cooperate with Germany’s GTZ to continue research into technologies to exploit wind power reserves in the province.