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He also warned that buyers should think twice about a new development model known as a “farmstay”, which has appeared in satellite provinces in recent years. “Land for farmstays is all agriculture land, which can be used only for farming. If buyers invest in this model, their capital investment would be kept for long time and they would face difficulties when investments cannot be recycled,” Nam added. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

Berlin (VNA) - Major German research institutes and foundations have spoken highly of Vietnam's efforts in fighting COVID-19 and boosting economic development on the threshold of the 13th National Party Congress, and highlighted priorities of the country’s leaders in the next five years. In an article published on the website of Hanns Seidel Foundation, which is among the leading political research foundations in Germany, author Magdalena Knödler noted that the 13th National Party Congress, one of the most important political events of the country, will be slated for late January in Hanoi. During the Congress, a socio-economic development strategy for the 2021-30 period and development policy goals for the upcoming five years will be put forth, along with orientations on the country's policies regarding internal and external affairs. Streets have been decorated with banners, posters and national flags. Knödler remarked that 2020 was a difficult year for Vietnam. … [Read more...] about German research institutes hail Vietnam’s achievements

Along with the implementation of the Renewal policy, Vietnam has actively participated in and contributed to most important international organisations and forums. In 2019, Vietnam was honored for the second time to be elected as a non-permanent member of the United Nations Security Council for the 2020-2021 term with an almost absolute number of votes in the United Nations General Assembly. … [Read more...] about Egypt’s newspapers highlight Vietnam’s achievements

KOICA signed a deal with Thua Thien-Hue Province in the central region to transform the provincial capital of Hue into a smart city with a focus on culture and tourism, the Office of the provincial People’s Committee said on Friday. … [Read more...] about South Korea pledges $13mn to help Vietnam province build smart city

VN-Index declined in the first two sessions of last week, there were times when the index hit its lowest level at 1,098 points, down more than 100 points from the peak of 1,200. Then the bottom catching demand appeared to help VN-Index recover in the remaining three sessions. Meanwhile, the HNX-Index increased strongly by 14.65 points to 240.12 points. … [Read more...] about Experts warn of correction in trading this week