Nguyen Quoc Thong, vice chairman of the Vietnam Association of Architects, said a major sports complex in such a densely populated area would see traffic increase hugely. Hanoi should not add another complex to its long list of constructions and in fact ought to replace the existing stadium with a park, he said. “If the city persists in building a stadium, it should be done in suburbs to minimize traffic pressure. It is not appropriate to upgrade Hang Day stadium with the current traffic.” Earlier this month city authorities outlined the plan to upgrade the stadium on Trinh Hoai Duc Street into an international sports complex for the 2021 SEA Games. Trinh Hoai Duc Street cuts Nguyen Thai Hoc Street in the north and Cat Linh Street in the south, which are currently very congested during rush hours. The work, to be undertaken by private firm T&T Group, which is managing the stadium now, is expected to cost over VND6.3 trillion ($270.4 million). The headquarters of the … [Read more...] about Proposed Hanoi sports complex will pose traffic problems, warn experts
Hanoi
Hanoi gathers best conditions to attract quality FDI: Expert
The Hanoitimes - Hanoi with high level of infrastructure development, appropriate investment policies and support for enterprises would gain a head start in attracting FDI among others. Besides achieving significant improvements in administrative reform, Hanoi also takes the top spot nationwide in developing e-government and high technologies, which are key to attracting quality foreign direct investment (FDI), a veteran expert has said. Illustrative photo. Hanoi and Ho Chi Minh City have the best conditions to attract quality FDI projects using Industry 4.0 technologies, such as big data, artificial intelligence (AI) or automation, according to Nguyen Mai, chairman of the Vietnam Association of Foreign Invested Enterprises (VAFIE). Many leading universities and research institutions are located in Hanoi, which are the foundation for the city to target projects with high added value using future technologies from the Fourth Industrial Revolution, Mai … [Read more...] about Hanoi gathers best conditions to attract quality FDI: Expert
Hanoi steps up efforts to attract investment in IZs
Hanoi is working to help investors understand laws to attract investment into IZs Simplified administrative formalities in IZs According to deputy head of Hanoi Industrial and Export Processing Zones Management Authority Nguyen Duc Quang, there are nine active IZs in Hanoi, with another one preparing to call for investment. IZs in Hanoi are expected to attract $230 million in the fourth quarter of 2018, and increase revenue to $1.77 billion. Agreeing with Quang, although investment has boosted the growth of IZs and made valuable contributions to the city’s socioeconomic development, there are still insufficiencies in land clearance, the leasing price of land, and procedures. Especially, limited information on tax incentives and customs regulations has been limiting investments in Hanoi’s IZs. The Master Plan on Hanoi’s IZ Development until 2020 set out a schedule to develop 17 industrial and hi-tech parks on a land area of 3,500 hectares. According to Quang, to … [Read more...] about Hanoi steps up efforts to attract investment in IZs
Nearly 70,000 visits first Hanoi Food Culture Festival
Food lovers crowded a stall at the event (Photo: VNA) Hanoi (VNA) – The Hanoi Food Culture Festival, the first of its kind, had served close to 70,000 visitors during its 4-day course at Thong Nhat Park from October 11 to 14. The festival reproduced the cultural spaces of craft villages associated with typical Hanoi dishes such as pho Hanoi (Hanoi noodle soup), banh cuon Thanh Tri (Thanh Tri steamed rice pancakes), com Me Tri and Phu Do (Me Tri and Phu Do young sticky rice), and gio cha Uoc Le (Uoc Le steamed pork paste). According to To Van Dong, Director of the municipal Department of Culture and Sports, 81 local dishes were made available at the event, which was expected to contribute to promote Hanoi’s intangible cultural heritage and preserve cultural values. During the event, visitors could watch how the dishes were made and what types of traditional cooking tools were used during these processes. They were also treated to traditional games and cultural … [Read more...] about Nearly 70,000 visits first Hanoi Food Culture Festival
Murals liven up Hanoi street
Phan Dinh Phung Street in Hanoi has been revived with beautiful mural paintings featuring the beauty of the capital city. The mural project has been carried out on a section of wall on the street by a group of artists who were former students of Phan Dinh Phung High School on the occasion of marking the 45th school birthday on October 14. To date, many works have been finished, while some have been still underway. The pictures from left to right depict Hanoi’s landscape and historical sites from the past to the presence. One Pillar Pagoda in the past and present A corner of Dong Xuan Market Hanoi Old Quarter Long Bien Bridge Phan Dinh Phung Street A flower vendor, the common image on Hanoi streets The paintings attract the attention of many young people A foreign visitor Earlier, under a community art exchange project funded by the Korea Foundation, UN-Habitat, and the Hoan Kiem … [Read more...] about Murals liven up Hanoi street