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Xoi Bat in Ho Chi Minh City was the only sticky rice eatery in Vietnam to be named amongst the 29 establishments to Michelin Guide’s Bib Gourmand list. Bib Gourmand recognizes restaurants and eateries which serve great food at moderate prices. A total of 103 restaurants and eateries in Hanoi and Ho Chi Minh City, including Xoi Bat, were honored by Michelin Guide on Tuesday. The Michelin Guide is world renowned guidebook which has been reviewing and recognizing exceptional restaurants around the world since 1900. Rising popularity Xoi Bat is owned by 28-year-old Huynh Phuc Thinh, who opened the sticky rice establishment in 2021 so that he could share his mother’s recipes with the world. “ Xôi (sticky rice) is a simple dish, but it always seemed special to me when my mother cooked it,” Thinh said. Situated at 8 Hoang Hoa Tham Street in Binh Thanh District, Ho Chi Minh City, Xoi Bat features a mere six tables. Yet despite its modest size, the eatery feeds dozens of … [Read more...] about Check out Vietnam’s only sticky rice eatery in Michelin Guide

The local authorities are making efforts to remove obstacles facing investors in agrotourism. Outside Hanoi, Ba Vi Homestead in Ba Vi District's Van Hoa Commune has been a popular agritourism destination for Hanoi residents and visitors from neighboring areas for years. Ngo Kieu Oanh, the farm owner, said it took lots of effort to create such an agritourism product. They have built four handicraft villages to create new tours where visitors can experience the cultural space of the Muong and Dao people. Many homestays in the city are developed and operated by local investors. Photos: Ba Vi Homestead "The intangible values inherent in agritourism properties contribute to their appeal, yet currently, this sector lacks proper valuation, leading to inaccurate pricing of such facilities," she pointed out. Tour operator Nguyen Kieu My, who runs an agritourism service business in Yen Bai Commune in the same district, said the development of agrotourism … [Read more...] about Legal framework is key to Hanoi agritourism

A tourist at Tien Cave in Lao Cai Province - Photo 52hz.vn Tien Cave is one of the beautiful landscapes in the country and attracts many tourists to Lao Cai Province. The cave has a wild beauty with many beautiful and studding stalactites. With a white sandy beach and crystal clear water, the scenic cave is an ideal resting place among the mountains on summer days. The path leading to the cave in Coc Ly Commune, Bac Ha District is a small flow of the Chay River, originating from stream branches in the northwest of Hà Giang Province. On a boat trip on the stream leading to Tien Cave - Photo traveloka.com The Chay River coming here seems to be constricted to form a deep river, bringing a gentle look, weaving between the two steep cliffs. The two sides are primeval forests, covering the whole landscape with a cool, fresh climate. To reach this place, we went through Bao Nhai Commune and then took a boat upstream on the Chay River for nearly an hour. During the … [Read more...] about Discovering Tien Cave in Lao Cai

30.4 per cent of real estate companies ceased operations in the first five months The information was published at a conference organised by the Vietnam Association of Realtors (VAR). According to VAR, the revenue of these companies dropped by 6.46 per cent and the after-tax profits decreased by 38.6 per cent on-year. In this difficult context, many companies had to dismiss staff. Five of the 20 real estate companies with the largest lay-offs included Dat Xanh Group (41 per cent of all employees), Dat Xanh Real Estate Service JSC (45 per cent), NovaGroup (20 per cent), Sunshine Homes (16 per cent), and An Gia Real Estate Investment and Development Corporation (29 per cent). According to information from the Ministry of Construction, from early this year, real estate companies continually voiced their concerns about accessing loans, issuing bonds, and mobilising capital from customers. In addition, the foreign currency ratio, the increase in the price of gas, and the soaring … [Read more...] about 30.4 per cent of real estate companies left market in first five months

The State leader congratulated Petkova on her excellent fulfillment of tasks in Vietnam, with various substantial contributions to the traditional friendship and multifaceted cooperation between the two countries. Thanking Vietnamese authorities for creating optimal conditions for her to perform duties, the ambassador affirmed that Bulgaria always treasures the time-tested friendship with Vietnam and wishes to step up bilateral multifaceted cooperation. She recalled the Bulgaria visit by Vice President Vo Thi Anh Xuan in 2021, describing the trip as a demonstration of Vietnamese and Bulgarian leaders’ wish to strengthen bilateral ties. She also highlighted the strong recovery of trade between the two countries since the COVID-19 pandemic was brought under control. Petkova pledged that in any position in the future, she will continue helping foster the countries’ relations. She also took this occasion to convey the Bulgarian President’s invitation for a visit the European … [Read more...] about State leader receives outgoing Bulgarian ambassador

After the explosions at the two Nord Stream 1 and Nord Stream 2 pipelines, the next Cold Case amid the hot war between Russia and Ukraine has come with the destruction of the Kakhovka Dam. The notion of "Cold Cases" stands for events that have not been solved despite laborious and long investigations. Kakhovka Dam. Photo: Maxar After the explosions at the Nord Stream 1 and Nord Stream 2 pipelines from Russia to Germany, the next Cold Case amid the hot war between Russia and Ukraine came with the destruction of the Kakhovka Dam in the Kherson Oblast. Both are Cold Cases because questions like the real truth about how they happened and who is responsible for them would never be answered. Ukraine and Russia blamed each other like before concerning the explosive attacks against the two pipeline systems. Like in the previous Cold Case, unilateral or multilateral, or international investigations will be carried out, but either they won't be succeeded or their … [Read more...] about One new “cold case” amid a hot war

A man transports vegetables on his motorbike in Jakarta. (Photo: AFP) Jakarta (VNA) - Indonesia 's annual inflation rate eased to 4% in May, matching the upper end of the central bank's (BI) target range earlier than expected, data from the country's statistics bureau has showed. Inflation in Southeast Asia's largest economy had been above the BI’s 2% to 4% target range since June 2022 due to pressures from rising global food and energy prices. Peaking nearly 6% in September, inflation has since eased gradually after the central bank hiked interest rates by a total of 225 basis points. Earlier, a poll of analysts had expected May inflation at 4.22%. In April, the rate was 4.33%. The core inflation rate, which strips out government-controlled and volatile food prices, eased to 2.66% in May from 2.83% a month before. The poll had expected 2.80%. At BI's last policy meeting, it had expected headline inflation to ease to within its target in the third quarter, … [Read more...] about Indonesia’s inflation brought under control faster than expected

Some contractors of the Ben Luc-Long Thanh Expressway in southern Vietnam have filed a lawsuit against the state-owned Vietnam Expressway Corporation (VEC), the investor of the project, to the Singapore International Arbitration Center demanding compensation as the project has been put on hold for many years. The 57.8-kilometer Ben Luc-Long Thanh Expressway project passes through Ho Chi Minh City and its neighboring provinces of Long An and Dong Nai and is considered a key national project. The project, which carries a price tag of some VND31.32 trillion (US$1.3 billion), was approved in early 2010. It uses official development assistance (ODA) loans borrowed from the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) as well as local reciprocal capital. The project was planned to be executed between 2015 and 2025. VEC divided the project into three sections with 11 packages. There are three different loan contracts, including two with ADB and … [Read more...] about Contractors file lawsuit against investor of expressway project in southern Vietnam