CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / SCIENCE & TECH
Da Nang may revoke license for $128mil. “Silicon Valley” project
16:14, 2014/12/17
Da Nang Party Secretary has stated that by the end of next March, if the $280 million IT Park dubbed as Da Nang’s Silicon Valley, does not kick off, the investment licence will be revoked.
Many deputies questioned Director of the Da Nang Department of Communications and Information – Mr. Pham Kim Son – about this project at the latest session of the municipal People's Council last week.
 
 
This project is funded by the Rocky Lai & Associates - Da Nang Corporation and American investors, with an area of 341ha in Hoa Lien commune, Hoa Vang district, and a total investment of $278 million. According to the initial plan, the project will be implemented from 2013 to 2023. However, to date only 10 hectares of land have been leveled.
"This project has been halted because of many difficulties, including financial difficulties. The investors have not realized financial obligations as cleared funds, investment fees... I have personally received the information that other investors is preparing to take over this project," Son said.
Son said that the investor had deposited approximately $200,000. The local government wanted to meet the investor but the project management board said that the representatives of the investor were not in Vietnam.
Mr. Tran Tho, Da Nang Party Secretary, said that the city would revoke the project by late first quarter 2015 if the investor does not carry out the project at the committed pace.
Comments
Other news
11:37, 2025/02/23
Government-backed waste management startups to be launched
By 2030, each province will have at least five models of senior-led waste collection and sorting.
15:59, 2025/02/16
Hanoi makes remarkable leap in the DTI ranking
Hanoi has been rolling out initiatives to accelerate digital transformation.
22:13, 2025/02/12
Hanoi develops e-commerce database
The database allows for identifying which tax collector supervises each taxpayer.
18:35, 2025/02/09
Hanoi to pilot multiple digital transformation models
Hanoi will step up efforts to build a modern, proactive administrative structure, and improve the legal system.
21:17, 2025/01/13
Government to set aside 3% budget for sci-tech development: Party Chief
Policies to remove barriers to scientific and technological development and maximize creativity must be finalized by 2025.
16:50, 2025/01/09
Hanoi aims to maintain its second-highest EBI ranking
Hanoi laid out a goal to expand consumer market through e-commerce channels and promote cross-border transactions to help businesses export.