18.25 million USD disbursed for Cat Linh – Ha Dong railway project
The China Eximbank has disbursed 18.25 million USD for the Cat Linh – Ha Dong Railway Project, said Vu Hong Phuong, Deputy Director General of the Railway Project Management Unit, on May 16.
Installing the first train on the Cat Linh - Ha Dong railway (Photo: VNA)
Hanoi (VNA) – The China Eximbankhas disbursed 18.25 million USD for the Cat Linh – Ha Dong Railway Project,said Vu Hong Phuong, Deputy Director General of the Railway Project ManagementUnit under the Ministry of Transport, on May 16.
The amount, part of the delayed 22.75million USD, has been transferred to the Engineering, Procurement, Construction (EPC)contractor, to be paid to sub-contractors.
The project has completed 90 percent of theconstruction work. Equipment installation is underway, Phuong said.
However, the delay in capital disbursementhas hindered the progress of the project.
The Railway Project Management Unit andrelevant bodies will supervise the payment process for sub-contractors toensure they have financial sources for construction.
It will also push the EPC contractor andsub-contractors to speed up the construction to make up for the delay.
The project is scheduled to begin trial runin October and be put into official operation in the second quarter of 2018.
Originally slated to be finishedtwo years ago, capital issues have hindered the progress of the capital’s firstmetro line, threatening to derail the project.
The Cat Linh-Ha Dong urbanrailway will have 12 stations and one depot area. Out of the initiallyprojected investment of 552 million USD, 419 million USD (76 percent) wereloans from China and the rest matching funds by the Vietnamese Government.
Construction started in 2011 butsince then costs have risen to 886 million USD, exceeding the original figureby 250 million USD, or a 160 percent increase.
An additional preferential loan worth250.62 million USD, negotiated three years ago, was signed between the Ministryof Finance and China Eximbank on May 11.-VNA
The first train of the Cat Linh-Ha Dong urban railway has been installed safely on the track, the Railway Projects Management Unit (under the Ministry of Transport) announced on February 21.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
The Mekong Delta province of Tien Giang is intensifying efforts to combat illegal, unreported and unregulated (IUU) fishing as part of the country’s goal of having the European Commission’s “yellow card” warning lifted.
Throughout its 80-year history, the VNA has remained at the forefront of information dissemination. It has consistently delivered timely, accurate, and objective reports on both domestic and international events, serving the Party’s leadership, the State’s management, and the public’s demand for official news.
With strong support from local authorities, businesses, organisations, and residents, the province has successfully built or repaired 10,707 homes for disadvantaged households, including war veterans, families of martyrs, ethnic minority people, and low-income residents.
Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
Founded in 1842, the Vienna Philharmonic is regarded as a cultural ambassador of Austria, with prestigious conductors like Mahler and Karajan who shape its legacy. Its New Year’s Concert, broadcast to over 90 countries annually, stands as a global symbol of classical music excellence.
PM Chinh lauded the press’s historic role in the nation’s fight for independence and its ongoing process of national development, affirming that the Government always highly appreciates the close partnership and steadfast support of press agencies and journalists nationwide.
In recent decades, Vietnam’s mainstream media has become a reliable and persuasive channel for showcasing the nation’s development policies and achievements, especially in economic matters, according to a senior assistant editor at the Times of India.
A hub for sharing best practices, the event aims to forge solutions for financial sustainability, public media contracts, audience engagement, content innovation, and newsroom restructuring. It is also a moment for Vietnam’s media to accelerate its progress and figure out what the “revolutionary press” means in a new era.
From “Thanh nien”, Vietnam’s first revolutionary newspaper founded by Nguyen Ai Quoc (later President Ho Chi Minh) on June 21, 1925, the revolutionary press has remained devoted to its sacred missions -accompanying the nation, serving the Fatherland, and working for the people.
The official launch of Emirates’ Dubai–Da Nang route on June 2 has sparked a “tourism revolution” for Vietnam’s central coastal city. Da Nang is emerging as a top destination for high-end travelers, particularly from the lucrative Middle Eastern market.
Bernama CEO Datin Paduka Nur-ul Afida Kamaludin said VNA has been a consistent and reliable partner in OANA, contributing actively to the regional media landscape through content sharing, coordination, and policy discussions. Their coverage of ASEAN and Indochina issues adds valuable perspectives. Bernama appreciates the collaboration with VNA.