Attracting the right man into your life

/ October 29, 2018

Dragon Hill: Wake up ‘Forgotten Paradise’

A new resort project right in the open sea of Dragon Hill complex has been submitted for permission to become an attractive island, with the potential to attract tourists for longer stay and to discover more about the beautiful landscapes of the northern city of Hai Phong. Hai Phong is the largest port city in the north of Vietnam and is also the country’s third largest commercial and economic center. The city is just behind Hanoi on scale and rate of development in the north and is one of the five municipalities, one of the national first-grade centers, alongside the central city of Da Nang and the Mekong Delta city of Can Tho. Hai Phong is also known as the “Land of Port,” or “Port City,” as it has plenty of tourism potentials associated with the sea. The city possesses a long coastline of over 125 kilometers, which is low and quite flat. Especially, Do Son in Hai Phong is always one of the most crowded beaches in the north of Vietnam. Only 22 kilometers to the southeast from the center of Hai Phong, Do Son has long been known as an ideal holiday destination, maintaining an important position in the economic and social development of Hai Phong in particular, and the northern coast in general. Despite having many advantages such as convenient transport network spanning across different topographies of sea and mountains, Do Son has yet to utilize its advantages to cover the huge shortage of Vietnamese tourism at the present time. The lack of ideas, models and operational methods has prevented the resorts of standards and quality in the city from running properly promotion and investment to help foster its tourism. Fairly speaking, the geographic location, the people and scenery of Hai Phong and Do Son are highly recognized for the potential tourism development in the country, thanks to the advantage of a trading gateway for customs clearance and shipping. With all necessary and sufficient factors, Hai Phong is always the first choice for investors. …

/ March 8, 2021

VIETNAM BUSINESS NEWS MARCH 8

Small investors oppose expanding trading lot Ho Chi Minh City Stock Exchange (HOSE)’s proposal to raise the minimum trading lot to 1,000 shares is receiving mixed opinions from market experts and investors. The proposal was initiated by newly-appointed General Director of HOSE Le Hai Tra as a solution to reduce system overloads which have troubled traders recently. A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality, said a budding investor. “My friends and I, when joining the stock market, only have a few tens to several hundreds of millions of dong, raising the minimum trading lot to 1,000 shares will directly affect our investment capacity,” said individual investor Diep. “With expensive stocks, we may have to spend hundreds of millions of dong to buy the minimum 1,000 shares,” she said. According to Diep, the stock market has never had such a chance for growth. New cash flow into the market pushed liquidity to a record high level. However, the new proposal may not only prevent new investors from entering the market but also discourage existing investors. “The plan to raise the minimum trading lot to 1,000 shares could quickly reduce the number of orders delivered daily on HOSE. However, it will cause frustration among small investors who are directly affected by the plan as they think they are not protected,” said Do Bao Ngoc, Deputy General Director of Kien Thiet Securities Vietnam (CSI). “This plan, if in place, will affect the rapid development of the stock market under the current favourable conditions, one of which is great interest from global investors,” he said. “Under the new plan, the most affected are the investors whose trading accounts have VND1 billion or less,” said Nguyen Hoang Hai, Vice Chairman of Viet Nam Association of Financial Investors (VAFI) According to VAFI statistics, investors whose trading accounts have VND500 million or less …

/ March 9, 2021

Communal house: a symbol of Vietnamese religion and culture

The Hanoitimes - Communal house is a typical architecture of Vietnam showcasing the rich spiritual life of the local people. Everywhere in Vietnam, from the city to the countryside, especially in villages, a communal house is a familiar image as an indispensable part of the people’s life. A communal house is the center of cultural activities of the whole village. The Phu Luu village's communal house. Photo: Thuy Duong. Communal house is considered as a symbol of culture, spirit and religion of Vietnamese. Through thousands of years in the history until today, each communal house usually has three main features. Firstly, it is the worshiping place of the Tutelary God of a village, the guardian of the village. The Tutelary God can be a natural god such as God of the mountain, God of the river, God of the sea or someone or something specific depending on the belief of each place, like God of tree or God of stone and so on. The deity can also be national heroes who contributed an important part to the building and independence of the country or local ones who helped found and develop the village. The Deity at Chem communal house. Photo: Tran Duc Anh. The diversified deities worshiped in the communal houses shows a rich spiritual life of the local people, which combines the power of mother nature veneration (typical of wet rice culture) and the ancestor beliefs of respecting the contribution of national heroes under some influence of Buddhism and Confucianism. Secondly, it is the administrative “head office” of a village, where important affairs like issuing regular, paying tax, handling court cases, calling for conscription, and so on took place. Last but not least, a communal house is the center of cultural activities of the whole village, playing a vital role in their spiritual life. The most important cultural activity organized here is festivals. Annually, thousands of festivals take place at the communal houses …