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The scene of the dialogue between enterprises and the HCMC Department of Natural Resources and Environment. (Photo: SGGP) Many lingering problems It was recorded at the conference that many problems related to the issuance of certificates of land-use rights, ownership of houses and other land-attached assets, the extension of land-use rights, and contract signing and calculation of land-use fees have been reflected by enterprises. Ms. Nguyen Thanh Thao, the representative of Saigon Culture Corporation, said that before 2010, her company rented three land plots and was granted land-use rights certificates. In 2010, the company changed into a one-member limited liability company, but the land lease contract signed in 2009 was under the name of Saigon Culture Corporation. By 2021, when dealing with land rent reduction and land lease extension, tax authorities found that the company’s name on the lease contract and the seal did not match. Although the company has applied for a … [Read more...] about Legal obstacles in land use to be removed

Long Son Petrochemicals Complex According to VIR’s source, by the end of July, the construction work of Long Son Petrochemicals has been nearly completed, despite a small delay according to the schedule. As of June 2018, the complex became a fully invested company of SCG Group from Thailand, which completed the purchase of a 29 per cent stake from PetroVietnam to increase its holding in the complex from 71 per cent. The petrochemical complex is located in Long Son commune of the southern province, 100km from Ho Chi Minh City. This integrated petrochemical complex will have a total olefin production capacity of 1.6 million tonnes per year. The project, which was previously known as Southern Petrochemical Complex, was changed by investors numerous times, going from PetroVietnam to Vinachem, Vina SCG Chemicals Co., Ltd., and then to Thai Plastic and Chemicals Pcl. As of June 2018, the complex became a fully invested company of SCG Group from Thailand, which … [Read more...] about $5.1 billion Long Son Petrochemicals Complex ready to roll

The capital city's cultural industry will become a major economic sector. The Hanoi People's Committee has issued a plan on Developing the Cultural Industry in the capital city for the period of 2021-2025, with an orientation to 2030 and a vision to 2045, in which, the industry would contribute around 5% of the city's GRDP. The plan defines specific responsibilities and mechanism for closer cooperation among departments, agencies, people's committees of districts and relevant units to fulfill the target. Dragon dance on Hanoi street. Photo: The Hanoi Times Hanoi aims that by 2025, the capital city's cultural industry will become an important economic sector, creating a new driving force for economic, cultural and social development; honoring and developing the brand "City for Peace" or "Creative City". Therefore, Hanoi will focus on developing a number of sectors that have advantages and potentials, including cultural tourism, handicrafts, performing … [Read more...] about Cultural industry to contribute 5% of Hanoi’s GRDP by 2025

Foreign experts learn from Vietnam’s biphasic in vitro maturation technology. (Photo: VOV) The Australian delegation was headed by Prof. William Ledger, head of the Discipline of Obstetrics & Gynaecology in the School of Women's & Children's Health and head of the Fertility and Research Centre at the University of New South Wales. The doctors and experts are scheduled to conduct the first cases of CAPA-IVM, in which Vietnam is taking the lead worldwide, in Australia in September. The Vietnamese research group, led by Associate Prof. Vuong Thi Ngoc Lan from HCM City University of Medicine and Pharmacy and Ho Manh Tuong, General Secretary of the HCM City Reproductive Endocrinology and Infertility Association (HOSREM) and head of the HOPE Research Centre at My Duc Hospital, has 12 articles on IVM, especially CAPA-IVM, published internationally. IVM is a technique to obtain oocytes that are developed in vitro prior to fertilisation with sperm in a laboratory with an … [Read more...] about Foreign experts learn from Vietnam’s biphasic in vitro maturation technology

The event was jointly organized by the Lao Cai provincial Department of Culture and Sports and the People’s Committee of Bao Yen district. Annually held in the province, the festival is to commemorate famous general Nguyen Hoang Bay who fought the northern enemy to protect the Fatherland in the Le Dynasty (Canh Hung reign, from 1740-1786). The festival features various activities, including Bao Yen district cinnamon festival, a seminar on promoting development of spiritual tourism in Bao Yen district, a special artistic program and cultural performances at Bao Ha commune, and a competition on preparing offerings for Hoang Bay, and more. The event also includes tennis, table tennis, chess, and volleyball tournaments, a culinary and trade fair in Bao Ha commune, and a lantern release ceremony. Translated by Tran Hoai … [Read more...] about Bao Ha Temple Festival 2022 kicked off

The index closed 11.87 points higher after gaining 10.26 points Friday. Trading on the Ho Chi Minh Stock Exchange increased by 18.77% to VND15.51 trillion ($662.69 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 22 tickers gain. BID of lender BIDV rose 4.6% to a four-month high. HDB of lender HDBank also hit four-month high after climbing 3.5%. Other gainers included MWG of electronics retailer Mobile World, up 3.2%, CTG of lender VietinBank, up 2.8%, and FPT of IT giant FPT Corp, up 2.8%. Only four blue chips bucked the trend, with VNM of dairy giant Vinamilk and SSI of brokerage SSI Securities both losing 0.6%. BVH of insurance company Bao Viet Holdings closed 0.5% lower, and GAS of Petrovietnam Gas dropped 0.3%. Foreign investors were net buyers to the tune of VND65.19 billion, focusing of HPG of steelmaker Hoa Phat, HBD, and CTG. The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, fell 0.18% while the UPCoM-Index … [Read more...] about VN-Index posts biggest one-day jump in fortnight

An apartment building on Da Nang Street in Van My Ward of Ngo Quyen District comprises 1,288 apartments housing more than 4,200 people. Built between 1975 and 1980, the building has been seriously downgraded. Every time there is a storm, local authorities must evacuate residents. Hai Phong has 178 apartment buildings, hosting 7,000 households, that are in so poor conditions that they need to be demolished. The city's Department of Planning and Investment earlier this month invited bidding into 10 new apartment blocks that are expected to accomodate nearly 4,500 households from the dilapidated buildings. The walls of one building have grown mossy and peeled. Of the 10 buildings, each rising five stories, some blocks have been classified as dangerous, which means residents must be moved out. An iron pillar is put in place to support the balcony roof of an apartment on the fourth floor. … [Read more...] about Apartment buildings near collapse in northern Vietnam city

Illustrative image (Source: The Star) Kuala Lumpur (VNA) - Malaysia’s semiconductor industry, which takes up 13% of global chip assembly and testing market share, is set to benefit from the US CHIPS and Science Act . The Act, signed by President Joe Biden on August 9, commits over 280 billion USD in federal funding which includes 52.7 billion USD in subsidies to support semiconductor production and research in the US. Malaysia Semiconductor Industry Association (MSIA) President Datuk Seri Wong Siew Hai said under the Act, the world’s largest economy is expected to build state-of-the-art chip fabrication (fab) plants with process technology of seven nanometres or below. If they build more leading-edge fabs like this in the US, they will need more assembly and testing services, as the current capacity will not be enough to cater to the new fab capacity. From that perspective, Malaysia will benefit because the country is still one of the most attractive and competitive … [Read more...] about Malaysia’s semiconductor industry to benefit from US’s new act