Đà Lạt speciality products to be given ‘identity cards’ – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  This year, Đà Lạt will help 100 facilities in Đà Lạt test the project. Eighty-two establishments will register to test both the system’s barcodes and fees for a year, while the remaining 18 will test only the barcodes. — Photo vietq.vn HÀ NỘI — Each specialty product from Đà Lạt City and Lâm Đồng Province will be given a unique identification number to help consumers distinguish between them quickly and accurately. The People’s Committee of Lâm Đồng Province has just approved the project, which is designed to build a…

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PM askes Đà Nẵng, Quảng Nam to stabilise property markets – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Real estate agents seen on a street in Đà Nẵng. – Photo plo.vn Viet Nam News HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has asked the People’s Committees of Đà Nẵng and Quảng Nam to work with the Ministry of Natural Resources and Environment and the Ministry of Finance to devise measures to stabilise their real estate markets. The order was issued amid reported unusual prices hikes in the two localities’ real estate markets. In Đà Nẵng, land prices in many areas have been inflated by…

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Mikazuki Group commences resort project in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News ĐÀ NẴNG — Japan’s Mikazuki Group commenced construction of the Đà Nẵng-Mikazuki Japanese Spa and Resort project – the first five-start resort and entertaiment centre in Đà Nẵng Bay – at a ground-breaking ceremony on Wednesday. The project, which has been designed as a Japanese-style centre of resort and recreation, will cover 12.3ha with total investment of more than US$100 million, offering a 500-room resort, a hotspring and water park and an ecological garden area. It’s expected to open in 2021. General director of…

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Taiwanese firm buys 20 per cent stake in Đà Nẵng Port – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A ship anchored at Đà Nẵng Port. The port company has announced its principle shareholders had sold a 20 per cent stake to Taiwanese shipping firm Wan Hai Lines. — VNA/VNS Photo Lê Lâm Viet Nam News HÀ NỘI — Taiwanese shipping company Wan Hai Lines has acquired a 20 per cent stake in Đà Nẵng Port JSC to become the new principle shareholder of the Vietnamese port. The Taiwanese firm purchased Đà Nẵng Port shares through its sub-unit Wan Hai Lines (Singapore) Pte Ltd. Wan Hai…

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Đà Nẵng grants value certificate to six local products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News ĐÀ NẴNG – The central city of Đà Nẵng has awarded the “Đà Nẵng Value 2018” certificate to six locally-made products in a move to encourage the production of unique local goods serving tourists. The six products include Merriman-branded men’s shirts and pants with expandable waist band of the Hòa Thọ garment company, the model of Rồng (Dragon) bridge made by Lê Quang Huy fine arts import-export company, and Hương Quế-branded shoe insole of Hương Quế company. Đà Nẵng began to select typical tourism…

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Đà Nẵng tightens land management to combat price hikes – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The city of Đà Nẵng has issued a document requesting the management and supervision of real estate brokerages and land transactions be enhanced to prevent unusual price hikes caused by the spread of false information. Individuals and organisations found to have fabricated rumours regarding development projects would be strictly punished, Đà Nẵng Standing Party Committee said. Việt Nam News Agency reported that false rumours disseminated by brokers contributed to hugely inflated land prices in the central city recently. Real estate…

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10,000 apartments set for sale in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News ĐÀ NẴNG — The central city of Đà Nẵng has proposed selling 10,000 apartments under State ownership to pay for new housing projects in 2020-30. Deputy director of the city’s construction department, Nguyễn Văn Nam, said the proposal was discussed in a meeting between the city and the ministry of construction last week. Nam stated that the city and the ministry agreed to submit the plans to the Government for approval. He said the department was managing 10,000 apartments including old buildings and…

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Huge investment to touch down in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News ĐÀ NẴNG — The central city aims to accelerate economic growth from 7.68 per cent to 12 per cent, while more drastic measures and administrative reforms are needed to turn the city into an as a destination to investment and tourism. The city’s Party Secretary, Trương Quang Nghĩa, spoke at the Spring Dialogue 2019 on Friday, stating that this year will be a benchmark for the socio-economic Master Plan in 2030. Despite the existence of 27,000 businesses with total investment of VNĐ193 trillion (US$8.5…

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First logistics project starts construction at Đà Nẵng hi-tech Park – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Excavators start operation for the first hi-tech ready-built factories for rent project at the Đà Nẵng Hi-Tech Park. — VNS Photo Công Thành Viet Nam News ĐÀ NẴNG — Long Hậu Corporation officially commenced construction of its first hi-tech ready-built factories for rent on Thursday. The project, which will be built in three phases with total investment of VNĐ1.05 trillion (US$46.4 million), will offer factories from 500sq.m to 3,300sq.m with a competitive price of $3 per square…

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Đà Nẵng licenses $419m in new projects; $2.6b proposed – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

An entrance to an industrial Zone in Đà Nẵng. The city has granted investment licences to seven projects and proposals to 15 more. — VNS Photo Công Thành Viet Nam News ĐÀ NẴNG — The central city’s People’s Committee said it had granted licences to seven foreign direct investment projects worth US$419.4 million, and agreed investment research for 15 other projects worth an estimated $2.6 billion. The city said the projects included three automobile production and accessories projects from Malaysia, Russia and Taiwan, and two tourism property projects…

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