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Japan’s Mitsubishi Group invests 30 million USD in HCM City’s green property

The Diamond Lotus Riverside Complex in District 8, Ho Chi Minh City will be built in accordance with green construction standards with 30 million USD in investment from the Japanese Mitsubishi Group.

The investment will be made through Phuc Khang Corporation after the two sides inked a strategic cooperation agreement to branch out green housing projects in the city.

The complex will be developed under the Leadership in Energy and Environment Design (LEED) standards devised by the US Green Building Council.

After the Diamond Lotus Riverside project, the two partners will work together to develop more property investments in Districts 1, 2, 8 and 10 and Tan Binh and Tan Phu districts.

According to reports from the municipal People’s Committee, the real estate sector attracted the largest foreign direct investment amount with 984.4 million USD during January-November, tripling the figure the same period last year.
VNA/VNP

Russian scholars highlight strategic vision of CPVs 14th Congress

Russian scholars highlight strategic vision of CPV’s 14th Congress

Professor Vladimir Mazyrin, Director of the Centre for Vietnam and ASEAN Studies, emphasised the significance of Vietnam’s long-term vision. He observed that if the country achieves developed-nation status within the next two decades, it could rank among the world’s top 20 economies by GDP, thereby enhancing its global standing.

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