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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
Within Hanoi’s planning framework with a 100-year horizon, the city is developing a large-scale underground infrastructure strategy to address major urban challenges including flooding, traffic congestion, and environmental pollution. The core of this approach is a multi-functional underground system highlighted by a proposed “mega underground tank” with a total capacity of about 125 million cubic meters, planned for implementation in the 2036–2045 period.
Based on preliminary calculations, the system could reduce flood damage to the city by tens of trillions of dong per year. With a scale equivalent to about 50,000 Olympic swimming pools, the project would significantly exceed many existing urban flood-control models worldwide. The expected capacity would be around 180 times larger than Tokyo’s G-Cans underground drainage system, currently the world’s largest such facility.
In terms of operation, the proposed mega underground tank model shares similarities with the G-Cans system. Rainwater would be collected through underground tunnels and directed to central storage tanks. When conditions allow, the stored water would then be pumped to major rivers such as the Red River and Duong River.
This approach is designed to ease pressure on the urban core and strengthen the city’s ability to manage flood risk across a wider area.
In parallel with Hanoi’s underground infrastructure development, major cities such as Ho Chi Minh City are also pursuing flood-control and underground infrastructure projects. In early 2026, Gelex, through Gelex Infra, formed multiple infrastructure entities in Ho Chi Minh City with Petrosetco (PET), including three companies: Gelex North Saigon Infrastructure 1, Gelex North Saigon Infrastructure 2, and Gelex West City Infrastructure.
Each of the three companies has an initial charter capital of about 10 billion VND. Their focus includes water supply and drainage, as well as urban wastewater treatment.
The move reflects the Gelex–PET strategy to target water infrastructure in Ho Chi Minh City, a market described as having ample room for growth where wastewater treatment and flood control remain insufficient. The article also notes that investment demand is increasingly urgent, aligned with Gelex’s broader ecosystem expansion into water utilities, industrial parks, and building materials.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
