MARKET SNAPSHOTS WEEK 47/2022
Canceling the document recognizing that 752 units of the Aqua City project are eligible for sale
On 15th November, the Dong Nai Department of Construction has just canceled the document recognizing that 752 villas in subdivisions 1 and 5 of Aqua City projects are eligible for real estate business because PVCombank has yet to commit to guaranteeing financial main. Based on the content of document No. 6544 and the file provided by Aqua City City Co., Ltd., the project investor has only been a written commitment to consider granting credit by the Joint Stock Commercial Bank for Industry and Trade of Vietnam - Saigon.
Hanoi invested more than 460 billion VND in building a bridge over the Day River, connecting Ung Hoa and My Duc districts
The Hanoi People's Committee has just proposed an investment policy on the project of Le Thanh bridge crossing the Day River with a total investment of 460 billion VND and implementation time in the period of 2023 - 2026. According to the design, the project scale includes investment invest in building a new bridge across the river with a length of 241m and the path at both ends of the bridge with a length of 2,359m.
Install giant skylight glass at Ben Thanh underground station
On 16th November, dozens of workers installed 85 tempered glass weighing 245 kg for a lotus-shaped skylight 6 m high, more than 21 m in diameter, in the Ben Thanh - Suoi Tien metro. This is a unique highlight for this underground station architecture and Metro line 1.
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Hai Phong constructs dykes to infringe on the sea.
On 17th November, Hai Phong City People's Committee started construction of the Nam Dinh Vu sea reclamation dyke in Dinh Vu - Cat Hai economic zone, with a total cost of more than VND 2,200 billion and a project implementation time is 3 years. According to the design, the dike route is 12,760m long, and the dyke has an inclined roof structure, using the technology of soft dykes using Geotubes. The first point is adjacent to Nam Dinh Vu port embankment, the endpoint is Tan Vu - Lach Huyen road.
Vingroup has started the 2nd battery factory project of more than 6,300 billion VND in Ha Tinh
The project of joint venture manufacturing Lithium battery VINES - GOTION has a total investment of more than VND 6,329 billion. The project is implemented in Vung Ang economic zone, Ha Tinh province. According to the plan, the construction progress of the factory will start from Q4/2022 to Q4/2023, start operation and increase capacity from Q1/2024 to Q3/2024, and then begin mass production.
Ring Road 2 costs almost 10,000 billion VND before traffic day
The elevated Ring Road 2 (Hanoi) was constructed in the final stage and is expected to be used by the end of 2022. Construction started in 2018 but was interrupted by the Covid-19 epidemic. Up to now, the items of the two up and down branches have basically been completed. Before the last fence was removed, excavators were brought in to pick up the rubbish and dirt that spilled onto the road.