3 valuation methodologies in management decision making process

Illustrative image (Photo: VNA) Vinh Phuc (VNA) – Authorities of the northern province of Vinh Phuc have accelerated administrative reform in land management in order to create favourable conditions and satisfaction for people and businesses. Vinh Phuc records positive results in processing administrative procedures on land management. (Photo: VNA) It has also simplified and shortened the processing time of a number of administrative procedures; and given consultation to the provincial People's Committee on cutting down the processing time for 63 out of 87 provincial-level procedures, including 20 related to land management. land management agencies, enabling the payment of financial duties related to land online. VNA … [Read more...] about Vinh Phuc speeds up administrative reform in land management

It is the information stated in the Government's report No.174/BC-CP sent to the NA to prepare for the third session. According to the report, in case Resolution No.42 cannot continue to be implemented, the volume of bad debts determined under Resolution No.42 that has not been resolved, including newly arisen bad debts, is expected to reach VND430 trillion ($18.6 billion) at the end of 2022 and VND443 trillion at the end of 2023. After handling a large number of bad debts in 2018 and 2019, the bad debt settlement speed in 2020 and 2021 tended to slow down due to the impact of the Covid-19 pandemic on the financial situation. Therefore, to continue to achieve the goal of handling and controlling the bad debt ratio of the system of credit institutions in the coming time is a big challenge for the banking industry, requiring the participation of the political system, the close coordination of ministries, agencies, and localities in implementing solutions on handling bad debts, … [Read more...] about Unresolved bad debt remains at high level

Walking streets around Hoàn Kiếm Lake are often full of people at the weekend. — VNA/VNS Photo HÀ NỘI — Hà Nội will ban pets from the walking zone surrounding Hoàn Kiếm Lake from May 27. Under the decision issued by the municipal People's Committee on regulations about the operation of the pedestrian areas, people will not be allowed to take their pets to the region, except when getting permission from authorities. Organisations and individuals will not be allowed to park vehicles in the area, except for wheelchairs of people with disabilities and cars of officers on duty, such as for ensuring public order and security, fire fighting and waste collection. Illegal gatherings and marches, gambling, motorbike/car racing, and activities causing public disorder will not be allowed. The ban is also applied to swimming and fishing in Hoàn Kiếm Lake. Vendors are prohibited from the pedestrian areas. People must get permission when using speakers, radios and drums on pedestrian … [Read more...] about Hà Nội bans pets from Hoàn Kiếm walking zone from May 27

Nguyễn Ngọc Tuấn, chairman of the Hà Nội People's Council, speaks at the meeting. — VNA/VNS Photo Văn Điệp HÀ NỘI —  The Hà Nội People's Council for the term 2021 - 2026 on Friday agreed to spend VNĐ23.5 trillion (over US$1 billion) from the city budget for the Ring Road No. 4 project. The council also discussed the allocation and adjustment of the project's fund, which would be submitted to the National Assembly for consideration, said the chairman of Hà Nội People's Council Nguyễn Ngọc Tuấn. Dương Đức Tuấn, vice chairman of Hà Nội's People's Committee, said that the Ring Road No. 4 was a key national project, combining the public investment model and the public-private partnership (PPP) with a Build - Operate - Transfer (BOT) contract. The road will measure 112.8 kilometres in total, running through Hà Nội City and Hưng Yên, Bắc Ninh Provinces, with a connecting route 9.7-kilometres long. It will begin at the start of the Nội Bài - Lào Cai Expressway in Hà Nội, and end on … [Read more...] about Hà Nội approves more than $1 billion for Ring Road No. 4 project

The event was chaired by Deputy Defense Minister Senior Lieutenant General Vo Minh Luong and attended by Deputy Chief of the General Staff and delegations from ministries, agencies, and localities. Reports delivered at the event affirmed that over the past three years, despite the complicated regional and international situation and impacts of the COVIV-19 pandemic, the project has been effectively carried out with the timely leadership and direction of central agencies and ministries and active and responsible participation of local Party committees and governments. Political Commissar of the Vietnam Coast Guard Command Major General Bui Quoc Oai affirmed that the project has helped raise the people’s awareness of the law, contributing to firmly protecting national sovereignty and orders at sea and on islands, developing local socio-economy, and protecting marine resources and environment. General Oai added that the project has encouraged fishermen to keep fishing at sea, thus … [Read more...] about Dissemination of Vietnam Coast Guard Law reviewed

Chair of National Assembly Committee for External Relations Vũ Hải Hà. — VNA/VNS Photo Doãn Tấn HÀ NỘI — The visit by National Assembly (NA) Chairman Vương Đình Huệ to Laos from May 15-17 was a success, helping further foster the cooperative relations and mutual support between the two parliaments, and bolster the great friendship, special solidarity and comprehensive partnership between the two countries, according to Chairman of the NA Committee for External Relations Vũ Hải Hà. Speaking to the Vietnam News Agency following the visit, Hà said that senior leaders of Laos highly valued the first visit by Huệ as the Vietnamese top legislator during the two countries’ Solidarity and Friendship Year 2022, making him the first foreign parliament leader to visit Laos during the ninth tenure of the Lao NA. The Lao side congratulated Việt Nam on its achievements in socio-economic development and pandemic control, and informed the Vietnamese leader on Laos’ socio-economic targets and … [Read more...] about Successful NA Chairman’s visit helps bolster partnership with Laos: Official

NA Chairman Vuong Dinh Hue (L) and General Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee and President of Laos Thongloun Sisoulith (Photo: VNA) Hanoi (VNA) – The visit by National Assembly (NA) Chairman Vuong Dinh Hue to Laos from May 15-17 was a success, helping further foster the cooperative relations and mutual support between the two parliaments, and bolster the great friendship, special solidarity and comprehensive partnership between the two countries, according to Chairman of the NA Committee for External Relations Vu Hai Ha. Speaking to Vietnam News Agency following the visit, Ha said that senior leader of Laos highly valued the first visit by Hue as the Vietnamese top legislator during the Vietnam-Laos, Laos-Vietnam Solidarity and Friendship Year 2022, making him the first foreign parliament leader to visit Laos during the ninth tenure of the Lao NA. The Lao side congratulated Vietnam on its achievements in socio-economic development and … [Read more...] about NA Chairman’s visit helps bolster partnership with Laos: Official

Vietnam must move forward with plans to design additional programmes to support firms in the digital transformation process in terms of funding, knowledge, and information in the technology market to help them grasp technological changes occurring globally, according to insiders. Illustrative photo Experts in the sector made the statement at the launching conference held on May 20 to unveil the Vietnam Annual Economic Report 2022 running with the theme of "Strengthening digital platform for the service sector” in Hanoi. Upon addressing the conference, Nguyen Quoc Viet, deputy director of the Vietnam Institute for Economic and Policy Research (VEPR), revealed that the 69% of businesses in the nation have been forced to temporarily suspend their operations due to the COVID-19 pandemic. Despite the pandemic significantly affecting several sectors such as service, accommodation, food, and tourism, it has yet to exert a serious impact on the digital … [Read more...] about Businesses require support in digital transformation

The Vietnam National University's Hoa Lac campus is ready with all facilities and equipment for educational and research activities. The Vietnam National University (VNU)’s headquarter has been relocated to its newly built campus in Hoa Lac on Hanoi's outskirt this week. The campus is expected to be the most modern and advanced university town in Southeast Asia. Planned to cover about 1,113.7 hectares, the campus includes the Polytechnic School, a research center, and offices of the management board. Built with a total investment of VND22 trillion (nearly US$950 million), the college town consisting of nine member universities, eight institutes, 13 research centers, and four specialized high schools will provide training for more than 41,000 students. A bird's eye view of the Center for Library Information and Digital Knowledge in the  VNU-Hanoi campus in Hoa Lac. Photo: VNU Currently, the VNU-Hanoi student population on the Hoa Lac campus has numbered … [Read more...] about Vietnam National University moved to Hanoi’s outskirt

Thais dominate women’s table tennis Loan wins gold in standard Chinese chess Tiến Minh makes men's badminton semi Việt Nam win two golds in blitz chess VN, Thailand, Indonesia win canoe golds Hoàng Thị Duyên set a new height in the women's U59kg category. — VNA/VNS Photo Quốc Khánh Thanh Hà HÀ NỘI — Hoàng Thị Duyên was the star of the weightlifting on May 20 as she won a gold medal and set up a new Games record. The Vietnamese was the defending champion of the women's U59kg class, vying against five other athletes. Despite an injury, the Tokyo Olympian lifted 96kg in her third attempt in the snatch, the new record in the regional sports meet. The record is 1kg more than the previous one Duyên set in the Games in the Philippines in 2019. In the clean and jerk, Duyên made it 108kg in the first attempt and ensured top position. In the later attempt, Duyên tried 116kg to make a new record but could not manage it. She nevertheless … [Read more...] about Duyên defends title, set weightlifting record