Rescuers have recovered the body of a 10th grader who was swept away by floodwater in Nghe An Province, north-central Vietnam after conducting a two-day search and rescue operation. Authorities in the province’s Quy Hop District completed procedures to hand over the body of the student to his family on Tuesday afternoon. The deceased was identified as Ngo Quoc Chinh, 16, a native of Quy Hop. Before the fatal incident happened, Chinh and Luong Minh Huu, 17, both from Quy Hop 3 High School were riding an electric bike from Quy Hop Town to Chau Cuong Commune at around 0:30 am on Sunday this week. When the boys arrived at a spillway bridge in Chau Cuong, they found the bridge barricaded due to rising water level in the river after a heavy rain. They decided to remove the barricade and crossed the bridge. Unfortunately, they and the electric bike were swept away by floodwater when they reached one third of the bridge. Huu managed to swim ashore but Chinh went missing. … [Read more...] about Body of 10th grader swept away by floodwater found in north-central Vietnam
10th grade
Vacancy rate of offices in HCM City predicted to reach record in 12 years
Office buildings in Thu Thiem area, Ho Chi Minh City (Photo: VNA) HCM City (VNA) – The vacancy rate of offices in Ho Chi Minh City reached 18% in the third quarter of 2023, while rents decreased by between 0.2 -2.2% quarterly, according to Knight Frank Vietnam, a leading real estate consultancy. In its report on HCM City office market in the third quarter of 2023, Knight Frank Vietnam predicted that in the fourth quarter, the office vacancy rate will increase to over 20% due to new supply in Thu Thiem area in Thu Duc city, which is a 12-year high. Specifically, in Ho Chi Minh City, rents decreased 2.2% quarter-on-quarter for Grade A office and 0.2% for Grade B office, while Grade A office vacancy rate increased to 18.2% and that in Grade B rose to 11.6%. Currently, the Grade A office segment has a total vacant floor area of about 73,000 sq.m and an average asking rent of 57.60 USD per sq.m per month. Alex Crane, CEO of Knight Frank Vietnam , said that a … [Read more...] about Vacancy rate of offices in HCM City predicted to reach record in 12 years
Ho Chi Minh City to spend over 7 trillion VND on medical infrastructure, equipment
The decision is part of a resolutions adopted by the 10th municipal People’s Council at its 10th meeting in Ho Chi Minh City on September 19. Accordingly, the municipal People's Council approved a total investment of over 1.49 trillion VND for medical equipment in Hoc Mon Regional General Hospital, more than 1.36 trillion VND for Cu Chi Regional General Hospital, and 1.45 trillion VND for Thu Duc Regional General Hospital. It also adopted projects for the construction of new infrastructure and procurement of equipment in 17 medical facilities. With the adjustments, the total mid-term public investment plan for the 2021-2025 period is valued at over 3 trillion VND, and that for 2026-2030 is more than 4 trillion VND. The council also approved for the first time the minimum investment amount for a public-private partnership (PPP) project in the health care sector at 30 billion VND. Source: VNA … [Read more...] about Ho Chi Minh City to spend over 7 trillion VND on medical infrastructure, equipment
Green-certified office buildings on the rise
Green-certified office buildings on the rise, Photo: Shutterstock Standard Chartered Bank Vietnam’s head office in Hanoi was the latest to be awarded LEED Gold certification at the beginning of September, demonstrating the bank’s commitment to sustainability and delivering the most environmentally conscious design. The bank has fulfilled the standards set by the LEED Green Building rating system of the US Green Building Council (USGBC). The verification includes a range of factors including energy efficiency, human health and wellbeing, water conservation, indoor environmental quality, sustainable and regenerative material cycles, and active community engagement. Michele Wee, CEO of Standard Chartered Bank (Vietnam), said that certification reflected the bank’s shared values and commitment to crafting spaces that excel in functionality while minimising ecological footprint. “Standard Chartered commits to continuing to drive sustainable economic growth, embrace responsible … [Read more...] about Green-certified office buildings on the rise
Defense Minister receives Thai Chief of Defense Forces
At the meeting, the host affirmed that over the past nearly 50 years since the two countries established diplomatic relations, Vietnam - Thailand relations have comprehensively developed. The political-diplomatic, defense and security relations have been constantly boosted, contributing to strengthening strategic trust between the two countries. The two sides have also achieved positive achievements in economic, trade, investment, and tourism cooperation and people-to-people exchange. General Giang emphasized that Vietnam and Thailand are active and responsible members of the ASEAN Community. He highly appreciated the position, role, and active and pro-active participation of Thailand in general and the Thai Ministry of Defense in particular in promoting multilateral cooperation, especially within the ASEAN framework, contributing to strengthening intra-bloc solidarity and enhancing ASEAN's position. According to Vietnamese Defense Minister, on the foundation of the good friendship … [Read more...] about Defense Minister receives Thai Chief of Defense Forces
Engineering Company Rotation 2 departs for UNISFA
Senior Lieutenant General Phung Si Tan, Deputy Chief of the General Staff of the Vietnam People's Army, Deputy Head of the Intersectoral Working Group, and Deputy Head of the Ministry of National Defense's Steering Committee on Vietnam’s participation in U.N. peacekeeping operations, presided over the ceremony. At the event, Senior Lieutenant General Phung Si Tan entrusted the mission to the Engineering Company Rotation 2 and urged all of its members to uphold unity, overcome challenges, and successfully fulfill all assigned tasks. The deputy chief of the General Staff also called on the entire company to promote internal unity and international solidarity, provide active support to the locals, and collaborate with other forces stationed in the UNISFA to carry out their tasks effectively. They were also encouraged to promote good images of Uncle Ho’s soldiers to international friends. Senior Lieutenant General Phung Si Tan expressed his confidence that following the successful … [Read more...] about Engineering Company Rotation 2 departs for UNISFA
Thai Chief of Defense Forces visits Vietnam
On September 20, Chief of the General Staff and Deputy Defense Minister Senior Lieutenant General Nguyen Tan Cuong chaired a solemn reception for General Chalermphon Srisawasdi at the Headquarters of the Ministry of National Defense. After the reception, the two sides held talks. During the talks, General Cuong affirmed the significance of the visit which takes place in the context that the two countries are celebrating the 10th anniversary of the establishment of their strategic partnership, contributing to creating new momentum for Vietnam - Thailand defense relations. On the basis of the bilateral friendship and fruitful cooperative relations, the cooperation between the two militaries has continuously developed with many practical and effective activities. Such cooperation mechanisms as defense policy dialogue; coast guard exchange; collaboration between arms and services; young officers’ exchange; information sharing; consultation; support to each other at ASEAN-led … [Read more...] about Thai Chief of Defense Forces visits Vietnam
Vietnam, Hong Kong step up cultural, art training cooperation
Under the MoU, inked on September 19, the two sides will prioritize cooperation in training students, including enrolling Vietnamese students in the Hong Kong arts academy’s education and training programs. Besides, cultural and art training units of Vietnam and Hong Kong will bolster exchanges and research as well as cooperate in organizing training activities in the performing art, music, dance, drama, theater and film production, among others. The Hong Kong Academy for the Performing Arts is considered one of the leading art training schools in the world, ranking first in Asia and 10th globally. For many years, the academy has cooperated, enrolled and trained many Vietnamese talents./. VNA … [Read more...] about Vietnam, Hong Kong step up cultural, art training cooperation
Vietnamese PM meets global leaders in New York
Talking to First Secretary of the Communist Party of Cuba and President of Cuba Miguel Diaz-Canel, PM Pham Minh Chinh affirmed that the Party, State, Government, National Assembly, and people of Vietnam never forget Cuba’s wholehearted assistance for Vietnam’s struggle for national liberation, always treasure and stay determined to further intensify the traditional solidarity and comprehensive cooperation between the two countries, and support the just revolutionary cause of the Cuban people. He underlined Vietnam’s consistent stance of not supporting but demanding the unilateral sanctions against Cuba be removed. The PM held that the two sides should maintain close cooperation to enhance trade and investment links and develop their economic ties on par with the sound political relations as directed and wished by the countries’ Party and State leaders. President Miguel Diaz-Canel said the Cuba - Vietnam relations form a noble symbol of the comradeship and close-knit friendship, … [Read more...] about Vietnamese PM meets global leaders in New York
Lotte Group’s largest complex opened in Hà Nội
Delegates cut the ribbon at the inauguration ceremony. — Photo courtesy of the firm LOTTE MALL West Lake Hanoi – the largest complex of the Lotte Group in Việt Nam, was officially inaugurated at 272 Võ Chí Công Street, Tây Hồ District, Hà Nội on Friday after two months of trial operation. Covering an area of 354,000sq.m, the complex includes a commercial centre, a 5-star hotel, luxury serviced apartments, and Grade A offices with modern facilities. With five floors and two basements, this complex promises to become a unique entertainment address with the largest indoor aquarium in Hà Nội, a high-end cinema system, and an attractive entertainment space for children, alongside diverse Asian and European cuisine restaurants. Trần Sỹ Thanh, Chairman of the Hà Nội People's Committee, said that this is Lotte’s largest project, which started its construction in 2020 with an investment capital of US$643 million. In Hà Nội, Lotte invests in seven projects. In addition to Lotte Mall … [Read more...] about Lotte Group’s largest complex opened in Hà Nội