Around VND1,254 billion will be invested in building a seaport in Phu Quoc island which is able to receive foreign tourist ships.
The decision was made on October 3 by representatives of the Transport Ministry and leaders of Kien Giang southern province.
The port will be built in Duong Dong township to receive cruise ships each with between 5,000-6,000 passengers.
Vingroup was invited by the province to invest in the project after the private-public partnership (PPP) model.Deputy Minister of Transport Nguyen Van Cong has asked the Vietnam Maritime Administration to cooperate with Portcoast Consultant Corporation and Vingroup to develop a financial plan for the construction.
to take shape, phu quoc island, minister of transport, vietnam maritime administration, phu quoc, foreign tourist, transport ministry, kien giang, cruise ships, ppp model, deputy minister, maritime administration, financial plan
VND2,300 billion steel-sheet plant built in Nghe An(13:30 05/10/2014)
Foreign fast-food chains make limited use of local suppliers(12:25 05/10/2014)
Small merchants slam supermarket development plan(10:29 05/10/2014)
More firms close, fewer open in 2014(07:58 05/10/2014)
Can Tho calls on Japanese firms to invest in 12 key projects(19:00 04/10/2014)
Local steel corp signs agreement with Austrian partners(12:33 04/10/2014)
Military bank cited strongest in Vietnam(12:33 04/10/2014)
Samsung receives $1.4 billion investment license in HCM City(10:17 04/10/2014)
Vietnam man gets rich on beekeeping(08:16 04/10/2014)
Shrimp market faces another US anti-dumping duty(08:16 04/10/2014)
New Zealand to provide Can Tho with agricultural innovation support(20:58 03/10/2014)
Vietnam-Brazil trade turnover exceeds US$2 billion(18:38 03/10/2014)