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Police in Ho Chi Minh City arrested a man suspected of stealing a large amount of gold jewelry equal to over 100 taels of gold worth US$190,000 from a local gold shop on Sunday. The alleged thief, Pham Van Nu, 37, hailing from Dong Thap Province, was detained while hiding in Binh Duong Province, which borders the city, local police reported on Tuesday. Earlier on Sunday morning, M.T.P.D., the owner of the Kim Thinh gold shop in District 12, reported to local police that a thief had stolen gold jewelry equivalent to 113 taels of gold (a tael = 1.33 ounces) valued at VND4.5 billion ($192,000) from her shop. The district police coordinated with their colleagues from the city level to immediately launch an investigation into the case. This photo shows some of the gold items recovered from Pham Van Nu, who allegedly committed a theft at Kim Thinh gold shop in District 12, Ho Chi Minh City, January 29, 2023. Photo : Supplied After examining the scene and watching … [Read more...] about Suspect held for stealing gold jewelry worth $190,000 from Ho Chi Minh City shop

Despite the high demand for housing, the transaction volume stays low due to the high prices compared to people’s average income. The scarce supply of new projects remains a key factor keeping demand for housing high in Hanoi’s real estate market in 2023. Locals looking at a real estate project in Hanoi. Photo: Pham Hung/The Hanoi Times During the last months of 2022, transactions in the real estate market stayed in stark contrast to the previous boom period. Experts suggested that this was due to several laws regulating the market not being completed, coupled with a sharp decline in liquidity as a result of the government's direction to restrict credit flows in high-risk fields and tighter regulations on corporate bond issuance. The sharp drop in transaction volume and supply, coupled with the high demand for housing, means that prices continue to rise. Data from the Vietnam Association of Realtors (VARS) showed in the fourth quarter of 2022, Hanoi has … [Read more...] about Demand for housing in Hanoi forecast to rise in 2023

The group offered services to nearly 80,000 passengers on nearly 500 flights on January 18. Later on January 29, it recorded around 93,000 passengers with around 550 flights. Compared to the same period three years ago, the number of passengers served by Vietnam Airlines increased by some 20%. Though the number of flights increased, Vietnam Airlines’ on-time performance (OTP) remained high, at about 90%. To ensure good services during the holiday, the group took a number of solutions, from making the most of wide-body aircraft, increasing night flights to enhancing ground staff and promoting online check-ins. Between now and February 5, the group suggested passengers check in online, arrive at the airport two hours before departure for domestic flights and three hours for international flights. Source: VNA … [Read more...] about Vietnam Airlines Group serves 2.4 million passengers during Tet holiday

Many families on Tan Ky Tan Quy Street are busy grilling blotched snakehead fish for the God of Wealth Day. This year, the God of Wealth Day (the 10th of the Lunar New Year) falls on January 31. On Monday evening, Tan Ky Tan Quy Street in Tan Phu District was full of smoke from grilling blotched snakehead fish. Nguyen Trung, owner of a blotched snakehead fish shop, on the street said that his facility grilled around five tonnes of snakehead to meet demand. Each snake fish weighs 1-2 kilos. After being cleaned, sugarcane sticks will be skewered into the fish before being baked. The sugarcane helps the fish to become more tasty. Trung employed 30 people, including many relatives, to serve the fish processing against just 3-4 members of his family on ordinary days. Charcoal is used for grilling the fish. Sauce and herbs are used along with the fish. Each blotched snakehead fish shop has its own way of making sauce. … [Read more...] about Grilled snakehead fish street busy for God of Wealth Day

Dabaco is aiming for $1 billion in revenue and $24.24 million in after-tax profit for 2023. This is despite earning VND2.93 trillion ($124.82 million) last quarter, a decrease in revenue of 4.3 per cent on-year. Gross profit saw a decline of almost 60 per cent on-year to VND150 billion ($6.4 million) for the same period. It is the first quarter that the group has reported losses since 2017. Revenue for the whole of 2022 reached VND12.26 trillion ($522.3 million), up 13.5 per cent on-year, however, after-tax profit fell by 82 per cent to VND150 billion ($6.4 million). These results equal 54 per cent of initial revenue targets and 16 per cent of initial profit targets. The revenue target for 2023 is considered ambitious for the group due to the ongoing crises in the domestic and global economies, leading to increases in material, production, and logistical costs, and their impact on animal feed production In addition, complications from diseases, especially African swine fever … [Read more...] about Dabaco sets ambitious target despite recent setbacks

Vietnamese internet service providers have confirmed that four out of five submarine internet cables that connect the country to the world are experiencing issues, seriously affecting performance and reliability. Two lines, Asia-America Gateway (AAG) and Asia Pacific Gateway (APG), are completely offline at the moment, and the Asia Africa Europe 1 (AAE-1) line is seeing disruptions towards the Hong Kong hub, while the Intra Asia (IA) line cable is seeing problems near the Singapore hub. This is the first time such incidents have happened at the same time, and even more unfortunately, during the Lunar New Year holiday. Many internet users have complained of slow and unreliable internet connections in recent times, ISPs have said. Stressing that this was an unfortunate ‘force majeure’, a representative from Vietnam Posts and Telecommunications Group (VNPT) said the provider was actively deploying measures to ensure international internet connections to its consumers, including … [Read more...] about Internet slows as four out of five submarine cables suffer disruptions in unprecedented incident

A top Vietnamese model has been crowned the winner of the ‘Futurista – Universe Online’ photo contest held to promote the upcoming 2017 Miss Universe Vietnam beauty pageant. Launched in April, the contest called for fans to vote for their favorite photos of Miss Universe Vietnam contestants uploaded on the competition’s official Facebook page. Scores were calculated based on the number of ‘likes,’ ‘comments’ and ‘shares’ that the photos received, results of which were independent from the main event. Mau Thi Thanh Thuy, runner-up of the ‘Futurista – Universe Online’ photo contest. Photo: Miss Universe Vietnam Hoang Thuy was announced the winner on Friday with nearly 135,000 likes, 112,000 comments and 24,700 shares on her photo, and received a cash prize of VND10 million (US$440). Huynh Thi Cam Tien and Mau Thi Thanh Thuy shared the second place, each earning VND5 million ($220) in cash and a voucher to travel to the Central Highlands city of Da Lat. … [Read more...] about ​Top model wins Miss Universe Vietnam’s photo contest