HANOINEWS

The Hanoitimes - The center is slated to come into official operation in 2022. An executive of Samsung Vietnam on Tuesday discussed with Chairman of the Hanoi people’s committee Nguyen Duc Chung on a plan to build its Research and Development (R&D) Center in the city.   An overview of the meeting Samsung’s R&D center in Vietnam is set to be located at the West West Lake (Tay Ho Tay) urban area covering an area of 11,600 square meters, capable of housing 3,000 workers. It is projected to become a world-class R&D center in the future, said General Director of Samsung Vietnam Choi Joo-ho at the meeting.   According to Choi, this is the only center which will research and develop both smart phones and internet equipment. Once established, it would lead the 5G game in Vietnam and contribute to construction of smart factories in the country. The center was mentioned during the meeting between Samsung’s Vice President Lee Jae-yong and Vietnam … [Read more...] about Samsung to soon build R&D center in Hanoi

The Hanoitimes - Locals are now using the space in front of the vaults as a parking lot or to sell stuffs. Hanoi's Old Quarter Management Board has announced that it has reopened a vault of Phung Hung railway viaduct, a part of the historic Long Bien Bridge in Hoan Kiem district, part of a project to expand the city’s cultural space. The vault was the first of 127 ones that connect Phung Hung to Long Bien Train Station to be constructed, aiming to realize a municipal scheme on developing public spaces for art and cultural activities along Phung Hung street, Hanoimoi newspaper reported.   The first vault was reopened for cultural space. Photo: Hanoi's Old Quarter Management Board. The viaduct, which starts from Phung Hung-Tran Phu crossroads to the Long Bien train station and runs through Phung Hung and Gam Cau streets, is 1.2km long with a total of 131vaults, of which 127 are now sealed with cement. The vaults, built in 1900 and finished in 1902, are 3.5m to 4.5m high … [Read more...] about Hanoi starts turning railway viaduct into new cultural space

The Hanoitimes - During the January – April period, Hanoi attracted the largest chunk of FDI nationwide at US$4.47 billion, up 6-fold year-on-year and accounting for 30.6% of total investment in the period, indicating strong efforts from the local authority for greater investment environment. Hanoi remains Vietnam's most appealing destination for foreign investment Hanoi lures investment in 9 hi-tech agricultural parks Hanoi targets to better its already improved business-friendliness F1 CEO impressed with construction pace of Hanoi’s race track Hanoi to support enterprises to build brands for greater competitiveness In the first four months of 2019, total state budget revenue in Hanoi reached VND90.42 trillion (US$3.87 billion), equivalent to 34.4% of the year’s plan and up 18.7% year-on-year, according to Tran Ngoc Nam, vice director of the municipal Department of Planning and Investment.    Illustrative photo. Meanwhile, the … [Read more...] about Hanoi’s budget revenue increases 18.7% YTD

The Hanoitimes - The city’s authority will focus on administrative reform and information technology application to reduce costs for businesses. US$73 million national innovation center to be build in Hanoi Vietnam establishes National Innovation Center to bolster economic development Chairman of the Hanoi People's Committee Nguyen Duc Chung has highlights the city’s achievements in opening up itself to the world and envisioned measures to deepen its global integration. At the online conference of the National Steering Committee’s on International Integration on April 23, Chairman Chung said that Hanoi always attaches importance to promoting the country’s image, including on television channel CNN.   Chairman of the Hanoi People's Committee Nguyen Duc Chung speaks at the conference. Photo: Kinhtedothi.vn In recent years, the capital city has welcomed and worked with more than 660 international delegations. The city has also cooperated with … [Read more...] about Hanoi moves forward to deepen global integration: Mayor

The Hanoitimes - Former racer David Coulthard, an F1 race winner, will drive Red Bull`s high-speed car outside the My Dinh National Stadium in Hanoi`s western Nam Tu Liem district tonight. Hanoi mayor calls for safe driving Hanoi starts building F1 race circuit with unique design Formula One (F1) racing car will conduct a test run in Hanoi on April 20 night at the event "Launching F1 Vietnam Grand Prix", according to VnExpress. The event is organized to promote the F1 race which will be held in Hanoi next year.    David Coulthard drove the RB7 during the F1 demonstration in Ho Chi Minh City in May, 2018. Photo: Vietnam Grand Prix Company Former racer David Coulthard, who has won the F1 race 13 times, will drive Red Bull's car outside the My Dinh National Stadium in Hanoi's western Nam Tu Liem district tonight. the event will open with free entrance for audiences of over 18 years old. Sebastian Vettel won F1 championship with the car. For the first time, the … [Read more...] about Rock with F1 racing demonstration in Hanoi tonight