Kansai International Airport sits on artificial islands in Osaka Bay, about 5 km offshore, built from 1987 and opened in September 1994. For the first 510-hectare island, contractors built an 11 km seawall and dumped 180 million cubic meters of earth and rock into the sea, using over 10,000 workers, about 80 ships and over 10 million work-hours in three years. Soft ground made the island sink an average of 13.72 m at 17 monitoring points through December 2025, though settlement now slows to about 5 cm a year. A second island of about 545 hectares brought the combined planned area to about 10.5 km², nearly twice Noi Bai's 544 hectares. Total construction costs rose from about 14 billion USD to 20 billion USD by 2008, roughly 520,000 billion dong.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Huy động hơn 10.000 người xây siêu sân bay 520.000 tỷ đồng, rộng gần gấp đôi Nội Bài: Đổ 180 triệu mét khối đất đá xuống biển làm đường băng
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- 40,000 workers built a mega airport 8.6 times the size of Noi Bai, costing VND 450,000 billion and 52,000 tonnes of steel
Beijing Daxing International Airport opened on 25 September 2019 after nearly 5 years of construction, about 46 km south of central Beijing to ease pressure on the capital's main airport. Total investment is estimated at about US$17.47 billion, or over VND 450,000 billion, with roughly 40,000 workers involved. The starfish-shaped terminal covers about 700,000 m², with the farthest gates about 8 minutes' walk from the check-in area, and its steel roof structure weighs more than 52,000 tonnes. The project area of about 47 km² is roughly 8.6 times the 544 ha (5.44 km²) Noi Bai currently uses, though the article stresses this compares project scope with used area, not actual construction footprints. In its initial phase, Daxing has four runways with capacity for 72 million passengers and 2 million tonnes of cargo a year.
- Investing 11,700 billion VND to build a stadium nearly twice the size of Mỹ Đình: the roof alone spans 46,000 m2 and seats 70,000
The article compares Moses Mabhida Stadium in Durban, South Africa, built for the 2010 World Cup, with Vietnam's My Đình National Stadium. Moses Mabhida has a 106 m steel arch and a roof membrane of about 46,000 m2 covering roughly 85% of the seats, with capacity of 70,000 for the World Cup and about 56,000 for regular use. Its construction cost is put at about USD 450 million, or 11,700 billion VND, roughly 8.5 times the USD 52.983 million spent on Mỹ Đình, which seats 40,192. After the tournament, the venue was positioned as a sports, entertainment and tourism complex, with a SkyCar ride to the top of the arch.
- Groundbreaking for a mega-airport 5.5 times the size of Noi Bai postponed; VND 283,000 billion investment, still targeted for completion in 2032
Groundbreaking for the main works at the Port Polska airport in Poland was postponed from September to November due to delays in construction permits, and experts warn the main foundation permit may not come until December at the earliest. The delay stems from incomplete documentation, especially the environmental impact report for the railway station, which must still pass review and public consultation. The airport is expected to cover about 3,000 hectares, roughly 5.5 times the size of Noi Bai, and the infrastructure programme to 2032 is budgeted at 131.7 billion zloty (about VND 870,000 billion), with 42.7 billion zloty (about VND 283,000 billion) for the airport itself. Work on site continues with 154 workers and 50 machines, but the tender for the passenger terminal was pushed to October 30 and one of five bidding consortia has withdrawn. The government still aims to open the airport in 2032.
- Vietnam is building a super international airport larger than Nội Bài, just 40km from Hanoi, with a 70-year operating term, expected to create jobs for thousands of people
Vietnam's National Assembly approved the investment policy for Gia Bình International Airport in Bắc Ninh city, about 40 km from Hanoi, on December 11, 2025. The project covers over 1,884 ha, larger than Nội Bài (about 1,500 ha), and will become the largest airport in the North. Total investment is about 196,378 billion VND (nearly USD 8 billion), with a 4F scale and a 70-year operating term, designed to handle about 30 million passengers and 1.6 million tonnes of cargo a year by 2030, rising to about 50 million passengers and 2.5 million tonnes by 2050. Construction needs 1,200 to 1,500 workers, mainly local, and about 10,000 jobs are expected once operating, with at least 30% local labor; a road linking Gia Bình to Hanoi broke ground on December 19, 2025, while Hải Phòng is seeking investors for a roughly 46.55 km road linking Lạch Huyện port to the airport, with preliminary investment of about 43,743 billion VND.
- Emergency Halt to Construction of Airport 3 Times Larger Than Noi Bai, 402,000 Billion VND Investment, 7,178 Piles Already Driven
Mexico's New International Airport (NAIM) in Texcoco, east of Mexico City, covers about 4,431 hectares, nearly three times the size of Noi Bai, and was expected to serve up to 125 million passengers a year. Under the 2018 plan, initial investment was about 285 billion pesos (402,000 billion VND), and 7,178 piles had already been driven under the passenger terminal. The project was halted after Andrés Manuel López Obrador, who won the 2018 election, opposed it over high costs and financial and environmental concerns, following a public consultation in October 2018. The airport never handled a commercial flight, and Mexico turned to converting the Santa Lucía military airbase into Felipe Ángeles International Airport.
- Elon Musk helps GOP Senate super PAC raise record $273 million
The Senate Leadership Fund, the leading Republican Senate super PAC, raised a record $272.9 million from July through September, including $209.7 million from donors, and entered the final weeks before the Nov. 3 midterms with more than $155 million in cash. Elon Musk supplied most of that money, giving $158 million in September through an affiliated Texas PAC supporting Republican Ken Paxton. The Democratic Senate Majority PAC also reported a record $151 million for the quarter. To defend its 53-seat majority, the SLF paused ads in North Carolina after spending more than $30 million there, shifted resources to Kansas, and committed $15 million to defend Sen. Pete Ricketts in Nebraska. Democrat James Talarico raised $64 million in the third quarter, a Senate record, in a Texas race that has become one of the most expensive in the country.
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- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
- Zerohash rolls out a new tool to move crypto without copying wallet addresses
Zerohash launched AUTH, a service that lets users move crypto, stablecoins and blockchain-based stock tokens between linked exchange accounts or self-custody wallets without copying wallet addresses or choosing a blockchain network. To transfer, users pick an account in an app that offers AUTH, sign in and approve the move, while the service handles routing and settlement and each app sets which assets and transfer types it allows. AUTH supports more than 600 connections, including Coinbase, Robinhood, Gemini, MetaMask and Phantom, with Coinbase, Robinhood and Gemini live and Kraken in beta. The launch comes as Zerohash's application for a national trust bank charter, returned by the Office of the Comptroller of the Currency in July, remains pending after a narrower refiling on Aug. 18.
- 2 charts show why Wall Street is right to worry about tech stocks
Rising cost of capital could affect the financial statements of hyperscalers such as Oracle (ORCL) and Google (GOOG, GOOGL) in 2027, as they need fresh debt to fund AI infrastructure and free cash flow may turn negative. JPMorgan strategist Mislav Matejka forecasts hyperscaler free cash flow will turn negative in 2027, implying credit markets will drive more of the AI build-out. Consensus estimates for 2027 capital expenditures are already rising from levels experts believe are too low. Morgan Stanley sees total 2027 capex among hyperscalers reaching $1.6 trillion, up from $978 billion estimated for this year. Dan Ives of Yorkville expects capex to reach the trillions and over 1,000 datacenters to be built in the next few years.
- Update on loan rate cuts as of the evening of Oct 19: MB, VietinBank, SHB, OCB join in
SHB, MB, VietinBank and OCB have announced loan rate cuts, following Agribank, Vietcombank, BIDV, ACB, LPBank and VietBank, with typical reductions of 1.5-2% per year. MB is cutting 1.5% per year for five priority sectors, to rates from 7.9% per year, and up to 2% in some cases; VietinBank is cutting up to 2% per year, while OCB offers up to 2.25% per year on some medium- and long-term loans for OCB Priority Banking members. SHB is cutting 1.5-2% per year for businesses and households and offers rates from 5.5% per year for lecturers and students at some universities. Vietcombank commits to cutting at least 2% through year-end, BIDV applies rates from 6% per year on short-term VND loans from 15/10/2026, and VietBank runs a VND 3,000 billion package. Specific benefits depend on borrower type, loan purpose, term and program conditions, following directives from the Government and the State Bank of Vietnam.
- Nvidia wins CPU business from Modal, previously exclusive to AMD and Intel
Modal, a San Francisco-based AI cloud startup that previously ran its AI agent workloads only on Intel and AMD processors, will begin using Nvidia's new Vera CPU. Early tests showed the Nvidia chip doubled work capacity for AI agents, and Modal plans to run it alongside Intel and AMD chips, assigning each task to the most efficient hardware, though integration requires substantial software changes. Modal recently raised $750 million in a round led by Accel at a $15.75 billion valuation and expects $1 billion in sales over the next year, with usage tripled and revenue up more than 15 times year-over-year. Nvidia projects at least $20 billion in Vera chip revenue this fiscal year in a market it estimates at about $200 billion, and says OpenAI, Anthropic, Oracle and Perplexity also plan to use the chips.
- America's EV Plans Have Died
Billions of dollars went into EV factories, dealerships and marketing after President Biden set a goal for 50% of new US car sales to be zero-emission by 2030, but EV sales have since fallen sharply. US EV sales dropped 30.7% in the first nine months of 2026, after the $7,500 tax credit expired on September 30 last year, and gas prices near $4.50 per gallon have done little to lift them. According to Kelley Blue Book, the average transaction price of a new EV was $54,754 in August, above the $50,089 average for all new cars. Ford's EV sales fell 80.2% to 6,047 in the third quarter, and it has no new EV planned until its Fathom launches next year, while Tesla holds over 50% of the market and no other major automaker has even 10%. The article says EVs could recover if gas prices reach $5 and stay there for months, but that is uncertain.
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