Chairman of Hanoi People's Committee Nguyen Duc Chung has approved of the plan to use 16,000 square metres of land at Thu Le Zoo to build an underground parking lot. Huge parking lot planned under Thu Le Zoo The project will be invested in by Him Lam BC Investment JSC. The parking lot will have five stories with a total 72,000 square metres of floor areas. 12,500 square metres on the first underground floor will work as a shopping centre with restaurants and other services. 4,600 square metres on the second and third underground floors will be used as service areas. The state-owned Hanoi Zoo One Member Limited Liability Company still manage the ground area of the zoo, however, more accurate details about land areas will be announced once the investor completes land procedures. The estimated cost is VND1.8trn (USD77.3m). However, the Him Lam BC Investment JSC only has VND351bn (USD15m) and will have to take more loans and raise the rest of the capital. The project is expected to … [Read more...] about Hanoi plans 16,000 square-metre parking lot under Thu Le Zoo
How much mulch per square metre
How much do US-led sanctions hurt North Korea economy?
The Hanoitimes - The sanctions leave direct impact on North Korean economy shown through a sharp decline in exports last year. What are visions for the denuclearization after second no-deal summit? The failure of the second Trump-Kim summit in Hanoi suggests sanctions remain a big issue between the US and North Korea, foreign media quoted international experts as saying. The UN Security Council votes to adopt a resolution imposing sanctions against North Korea. Photo: Getty Images North Korean nuclear negotiator Kim Yong Chol told Secretary of State Mike Pompeo in May 2018 that Pyongyang’s shift away from weapons was “not a result of sanctions that have been imposed from outside.” But in July 2018, Seoul-based Bank of Korea estimated the North Korean economy had seen its biggest decline in two decades, with the country’s real annual gross domestic product (GDP) falling by 3.5% in 2017 while exports declined 37.2% in 2017 alone. … [Read more...] about How much do US-led sanctions hurt North Korea economy?
Novaland launches luxury apartments at $6,000 per square metre
Novaland launches The Grand Manhattan apartment project in HCM City’s District 1 at prices starting from US$6,000 per square metre. VNS Photo Viet Nam News HCM CITY – Giant property developer Novaland Group has launched a new apartment project, The Grand Manhattan, in the heart of HCM City. Prices of units in the project, which will come up at the corner of Cô Giang and Cô Bắc streets in District 1, will start at US$6,000 per square metre. Novaland said the condos, to be handed over in the last quarter of 2021, would have two or three bedrooms and smart-home technologies. Besides the usual amenities like a swimming pool and BBQ area, it will also have a park and other attractions on 4,200sq.m of its total area of 14,000sq.m. At the launch, Novaland offered a number of promotions to buyers like free parking space, fully equipped kitchens and a four-day stay at the Azerai Cần Thơ resort. - VNS … [Read more...] about Novaland launches luxury apartments at $6,000 per square metre
Hanoi loses 72,000 square metres of lake in five years
Hanoi has lost about 72,000 square metres of lake over the last five years according to a recent report by the Centre for Environment and Community Research (CECR). According to the report, Hanoi now has 112 lakes, covering total area of 6,959,305 square metres, marking a 72,540 square metres decrease in area compared to 2010. Most of the lakes are still being used for various purposes including raising fish, growing vegetables and drainage with different management departments, which has led to them rapidly deteriorating due to poor cross-department links, the report said. Many lake sides are also being used for parking, storing construction materials or even dumping waste. Ba Dinh, Hoan Kiem, Dong Da, Hai Ba Trung, Cau Giay and Tay Ho districts have the largest number of polluted lakes. Some of the most polluted lakes are Linh Quang, Kim Lien, Ba Mau, Thien Quang and Giang Vo. Linh Quang Lake is seriously polluted The report, however, showed that there are … [Read more...] about Hanoi loses 72,000 square metres of lake in five years
Land in Hanoi Old Quarter over VND1 billion per square metre
Many plots of land in Hanoi Old Quarter have been offered on the market at prices of up to VND1.1 billion (USD52,380) per square metre compared to price ceiling of VND162 (USD7,710) million proposed by authorities. Many plots of land in Hanoi Old Quarter have been offered on the market at prices of up to VND1.1 billion (USD52,380) per square metre The Hanoi People’s Committee is now seeking the municipal People’s Council’s approval for the land price frame for May 2015 through 2019. Under the proposed price frame, the highest price of land in Hoan Kiem District would be VND162 million (USD7,710) per square metre. Still, Chung, the owner of a 50-square metre plot, is asking a total of VND55 billion per square metre for his property, equal to VND1.1 billion per square metre. He said that he based the price on the opinions of real restate agents and other property transactions in the Old Quarter. Tuan is also asking VND100 billion for a 100 per square metre … [Read more...] about Land in Hanoi Old Quarter over VND1 billion per square metre