Filinvest socialized housing alabang

The Ho Chi Minh City Department of Construction proposed on Tuesday an allocation of VND500 billion (US$21.37 million) from the municipal budget for the renovation of 246 old, run-down apartment buildings in the southern metropolis. The proposal was made during a meeting reviewing the implementation of the Housing Law in the city in the 2016-21 period. The construction department’s deputy director Huynh Thanh Khiet reported that the agency has just completed the inspection, review, classification, and quality control process at 474 old apartment buildings constructed before 1975. The department relocated 982 households living at 19 of those apartment buildings and dismantled ten others with a total floor area of 123,211.4 square meters. The agency also repaired about half of the remaining buildings while the other half needs further investment, Khiet said. Therefore, the department has sought the municipal administration’s approval for an allocation of VND500 billion to … [Read more...] about Ho Chi Minh City needs over $21mn to renovate nearly 250 old apartment buildings

Addressing the ceremony, Chairwoman of the Hanoi VFF Committee Nguyen Lan Huong asked the Executive Committee of the Vietnam Buddhist Sangha in  Hanoi to spread the compassionate spirit of Buddhism among the community and accompany the VFF chapters at all levels in performing social welfare work towards fulfilling the goal of sustainable poverty reduction of the city in 2022 and following years. According to the Hanoi VFF Committee’s report, giving help to the poor is one of main tasks of VFF chapters at all levels in the city, in which raising funds to improve housing conditions for disadvantaged households is an important activity. As of the end of 2021, there were still 3,612 poor families living in substandard housing in Hanoi. VFF chapters and local administrations in the city have been calling for donations from organizations, agencies, enterprises and individuals to upgrade or build new houses for those families. Source: VNA … [Read more...] about Buddhist monks, nuns in Hanoi donate money to build houses for the poor

A Pakistan zoo has called off plans to auction 12 lions from its ever-growing pride to private buyers, saying it would instead create new enclosures for the big cats. Lahore Safari Zoo cancelled an auction of lions from its growing pride and said it would expand current facilities instead. The auction planned for Thursday had drawn condemnation from the WWF, which urged authorities at Lahore Safari Zoo to instead rehome them with other government wildlife facilities. "The main reason behind the auction was the lack of space," deputy director Tanvir Ahmed Janjua told AFP, adding officials had decided to speed up work building two new enclosures. "Now that this issue is to be resolved soon, there is no need for the auction to take place." Set over 200 acres, Lahore Safari Zoo is considered one of the best in the country -- where zoos are known for disregarding animal welfare. The Lahore facility is currently home to 29 lions, six resident tigers and two … [Read more...] about Pakistan zoo cancels lion auction, plans expansion instead

A positive economic outlook gives employers in Vietnam confidence to increase recruitment in the second half of 2022, though not as high as the previous six-month period. The hiring intentions of Vietnam’s employers are estimated to increase in the second half of 2022, as positive growth rates are reported in various sectors. Remarkable economic recovery drives hiring intentions in H2/2022. Photo: Nguyen Viet Thanh/ILO Vietnam This forecast was announced in the Vietnam Employment Outlook Survey Q3 & Q4 2022 by ManpowerGroup Vietnam. About 88% of the surveyed enterprises plan to increase or at least maintain the current headcounts as compared to 95% of the equivalent index in the first half of 2022. The strongest recruitment intentions were reported in Manufacturing & Processing, Wholesale, Retail & Trading, Banking & Finance, Professional Consulting Services, Construction, Food & Beverage & Hospitality - Accommodation and Real Estate. … [Read more...] about Economic recovery drives hiring in H2/2022

The storm is forecast to cause heavy downpours and rough seas in the northern region, including Hanoi, in the coming days. A tropical low depression has strengthened into a tropical storm named Mulan, which will hit the northern coast of Vietnam early on August 11 morning, according to the National Center for Hydrometeorological Forecasting (NCHMF). Mulan is the second tropical storm to have formed in the East Sea this year and will enter Vietnamese waters shortly, the center said, adding that its center was 480 kilometers from Mong Cai in the northern province of Quang Ninh this morning with winds of up to 62-88 kilometers per hour (kph). Storm Mulan is heading toward northern Vietnam. Photo: NCHMF Over the next 24 hours, it would move west-northwest at a speed of 15-20 kph. The storm is forecast to enter the Gulf of Tonkin tonight, causing heavy downpours and rough seas in the northern region, including Hanoi, in the coming days, the NCHMF noted. At … [Read more...] about Tropical storm Mulan to hit northern Vietnam tomorrow

Festival for children of Vietnam, Laos, Cambodia 2022 opens in HCMC on August 10. The event aims to mark the 12th National Congress of the Ho Chi Minh Communist Youth Union (HCYU) for the 2022-2027 tenure, the 60th anniversary of Viet Nam-Laos diplomatic ties (September 5, 1962-2022), and the 45th anniversary of the signing of the Laos-Vietnam Treaty of Friendship and Cooperation (July 18, 1977- 2022), the 55th anniversary of Vietnam-Cambodia's diplomatic relations (June 24, 1967-2022). Children offer incense to President Ho Chi Minh at the HCMC Children’s House. Attending the opening ceremony was Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union Ngo Van Cuong, Deputy head of the Party Central Committee's Commission for Propaganda and Education Tran Thanh Lam, Vice Secretary of the HCMC Party Committee Nguyen Ho Hai, Chairwoman of the Vietnam Fatherland Front (VFF) of HCMC Tran Kim Yen, Vice Chairman of the HCMC People’s Committee Duong Anh Duc, … [Read more...] about Festival for children of Vietnam, Laos, Cambodia 2022 opens in HCMC

Vietnam's traditional water puppetry. (Photo: VNA) Hanoi (VNA) - Four Vietnamese artists will head to the Republic of Korea (RoK) for water puppetry shows in four cities to mark the 30th anniversary of diplomatic relations between Vietnam and the RoK. The group will stage a total of 20 shows, with each lasting for 50 minutes across the cities of Seoul, Gyungju, Yungduk, and Chuncheon from August 10 to September 6, reported Radio The Voice of Vietnam (VOV). They will use the platform to introduce classic water puppetry plays to Korean audiences, such as fishing, buffalo fighting, dragon, and phoenix dances. They will also spend time holding exchanges alongside local audiences to discuss the traditional Vietnamese art form. Vietnamese artist Phan Thanh Liem, one of the four puppeteers, shared that he felt delighted at receiving an invitation to perform in the RoK, especially after two years of disruption caused by the COVID-19 pandemic. This will mark the fifth time that … [Read more...] about Vietnam water puppetry introduced in RoK

The total area of forest meeting standards for calculating forest cover was 13,923,108ha, resulting in a percentage of forest cover of 42.02%. In the decision, the ministry assigned the Administration of Forestry to establish a national forest resources database. The Ministry required localities that recorded a reduction in natural forest area in 2021 to investigate the causes of the reduction and undertake measures to restore the forests, as well as to identify and punish those who are responsible for the reduction in forest area. In 2020, the country had 10,279,185ha of natural forest and 4,398,030ha of planted forest. The total area of forest meeting standards for calculating forest cover was 13,919,557ha, and a forest coverage of 42.01%. Source: VNA … [Read more...] about Forest covers 42.02% of Vietnam’s total area by end of 2021

McKinsey and Company on August 3 released the report “Can Vietnamese banks seize the green bond opportunity?”, which analyses the preconditions leading to the growth of green-bond markets and urges Vietnamese banks to take timely action to reap the rewards from this segment. New solutions in green finance are crucial because the climate transition is accelerating, Photo: Shutterstock The report indicates that the demand for financing of projects with environmental benefits in Vietnam has grown year by year, totalling more than $10 billion annually from 2018 to 2020 and $21 billion in 2021. This increase is forecasted to continue, based on market momentum, Vietnam’s latest draft of Power Development Plan VIII, and the country’s net-zero commitments. Finance-wise, McKinsey estimates that issuing bonds for environmental, social, and governance (ESG) projects may bring Vietnam’s financial institutions roughly $1.7 billion in revenue by 2025, with $1.5 billion coming from … [Read more...] about New finance instruments in play for climate future

An event held in Soc Trang province on July 13 to implement the programme helping the poor build houses. (Photo: VNA) Soc Trang (VNA) – Soc Trang province, home to the largest population of ethnic minority people in the Mekong Delta, has been working hard over the past years to reduce poverty in the communities. The local household poverty rate, measured by using multidimensional criteria, has been brought down to 6.64% from 36.7% in 1992, when Soc Trang was re-established. The rate in ethnic minority communities stands at 2.85% at present, down 3 - 4% annually. All the communes with many ethnic minorities have secondary schools, healthcare stations, and concrete roads reaching their centres. Besides, 100% of communes, wards, and towns in the province have gained access to the national power grid and met the national healthcare criteria. Up to 99.6% of rural residents are now using hygienic water. Lam Van Man, Secretary of the provincial Party Committee, said building on … [Read more...] about Soc Trang invests efforts in poverty reduction among ethnic minority groups