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Starting next year, the city will formulate plans on its own and call for investment later, the city's party leader Truong Quang Nghia said at a Tuesday meeting with almost 1,000 city residents. He said reviewing the city's general urban plans has been a key task undertaken by the municipal administration for the past two years. Earlier this year, the city had hired Singaporean consortium Sakae Corporate Advisory-Surbana Jurong as consultants to make adjustments to its master plans from now until 2030 and with a vision until 2045. Based on advice from the two firms, Da Nang, considered the third major city in Vietnam after capital Hanoi and southern metropolis Ho Chi Minh City, will make development plans on its own. It will invite businesses to invest in projects that have already been designed instead of "letting investors tell the city to do this and that and the city revising its plans following their proposals as has been done before," said Nghia. "Every project will be … [Read more...] about Da Nang to keep businesses at bay from urban planning

The central city first brought out the plan to relocate the Da Nang Railway Station westward to Lien Chieu District from the central district of Thanh Khe in 2004. After many discussions, the plan fell through. The long delay and uncertainty has upset a lot of residents. "This delay isn't good for the people here. They can't build houses. They can't give their land to their children. We need a concrete solution from the city," resident Huynh Su said at a meeting with Da Nang’s Party chief Truong Quang Nghia on Tuesday. Nghia said the relocation had been stalled due to the lack of funding. But some investors have expressed interest in the project recently. Therefore, the city plans to revive it and collaborate with the Ministry of Transport to select a new location for the station in 2020. He said the city now wants to relocate the station to a different place than Lien Chieu because it was no longer a rural district and the station should be at a fair distance from the city … [Read more...] about Da Nang revisits railway station relocation plan after 15 years

Containers are loaded at Da Nang Port in Da Nang city (Photo: VNA) Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s Logistics Performance Index (LPI) by five to 10 places by 2025. In 2018, Vietnam stood at 39th position in the global LPI rankings. The target was set in the MoIT’s recently-issued plan for improving Vietnam’s logistics performance, part of efforts to realise the Government’s Resolution No.02/NQ-CP on the continued implementation of solutions to improve the business climate and national competitiveness in 2019. [Video: VN among the world’s top ten emerging markets by logistics] The plan set up 49 tasks associated with sub-indexes of the LPI for ministries, sectors, and localities. Task groups include those on upgrading infrastructure, improving the distribution capacity, promoting the competence and quality of logistics services, maximising the ability to track … [Read more...] about Plan aims to raise Vietnam’s position in global logistics rankings

Hoa Sen Group shipped the largest batch of plated steel to Mexico (Photo: VNA) Nghe An (VNA) – Hoa Sen Group shipped 15,000 tonnes of steel sheets worth 12 million USD to Mexico from Nghi Son port in the central province of Nghe An on April 22. This is the largest batch of plated steel destined for the American country after the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) came into effect. The group said that in the context of unpredictable price fluctuations of hot rolled steel exerting immense pressure on the steel industry in recent times, Hoa Sen has adopted various measures to develop both domestic and foreign markets. In the 2017-2018 fiscal year, Hoa Sen raked in 538 million USD from exports, up 27 percent from the previous fiscal year. Its products have been present in more than 75 countries and territories so far. Additionally, the corporation is targeting exports to several markets with high standards, like the Americas, Europe, and … [Read more...] about Hoa Sen Group exports 15,000 tonnes of steel sheets to Mexico

The Ministry of Education and Training has recommended that degree certificates should no longer show students' ranks. Universities now have five ranks: excellent, very good, good, average, and acceptable. Truong Nguyen Thanh, vice principal of Ho Chi Minh City's private Van Lang University, said not indicating the level of distinction is now a global trend. Most schools in the U.S. do not include them in the degree certificate but attach the school records along with it. A few years after graduation, not many students would worry about the rank they had got, only the value they bring to their current employer, he said. "Academic ranks can only reflect one aspect of the student: the ability to grasp knowledge. What businesses really need are the skills to solve problems and application of their knowledge in different contexts." Ho Thanh Phong, principal of Hong Bang International University, said he endorsed the new proposal. But it also worried him since it could make things difficult … [Read more...] about Proposal to scrap ranks in university degrees receives mixed response