Project news - Vinh Hung JSC

STARTING METRO LINE NO. 1 HCMC (BEN THANH - SUOI TIEN)

24-05-2013 This package is the first item implemented among 4 construction and installation packages of the electric train project, which will be built by the joint venture between Sumitomo and Cienco 6 for more than 4 years. Along the 17.5 km elevated railway line, there will be 11 stations. Total investment is 62.5 billion yen (equivalent to 15,300 billion VND). In addition, the project also has a contract to build 2.2 km underground with 3 underground stations (District 1). Station 6 (Thao Dien) will connect directly to Thao Dien Pearl by a short flyover. Read more

LACH HUYEN PORT INFRASTRUCTURE CONSTRUCTION PROJECT

Located along the connected area of Hai Phong city, on the same northern coast of Vietnam and Hanoi capital, there are many foreign businesses contributing to the region's development. In which, the main ports supporting commercial activities include: Hai Phong port, Cai Lan port. These two ports have received JICA loan support for rehabilitation and construction of expansion works. In addition, these two ports also have plans to develop and expand in the future, the container clearance at the combined port will remain at 40 million tons. On the other hand, according to statistics, the demand for containerized goods in northern Vietnam will reach 42 million tons in 2015 and will continue to increase to 59 million tons by 2020 at a growth rate corresponding to the economic growth rate. So if there is no expansion plan, it will be difficult for these two ports if the volume of cargo is increasing.

LOAN AGREEMENT FOR HO CHI MINH CITY METRO LINE NO.2 CONSTRUCTION PROJECT

Loan Agreement for Ho Chi Minh City Metro Line No. 2, Ben Thanh - Tham Luong Line construction project (1st loan) was signed with the Asian Development Bank (ADB).