Nguyen Thi Luyen, the 65-year-old owner of the home, said she met with local officials on Wednesday and agreed to move to a 300-square-meter lot, a size equal to her current house. "I found the location suitable. My family is tired of living in the middle of the street," Luyen said. Her family moved temporarily to a communal house on Thursday and will stay there while waiting for their new house to be built. Their current house will be demolished this week to serve the completion of the road project. Luyen’s was one of 151 families asked to relocate in 2021 to make way for a road that would connect the residential area with another larger street. The road now stretches 2.3 kilometers long and seven meters wide, but a section 14 meters long has been left uncompleted as Luyen’s house still stands in the way. The house occupies two-thirds of the road, leaving a space of just two meters wide for traffic. Luyen had rejected authorities’ original relocation plan earlier as the … [Read more...] about Family agrees to relocate from house blocking street
Granting housing loans
Land law points further scrutinised
Land law adjustments aim to protect entities as well as the real estate market, photo Le Toan In a seminar to collect opinions from enterprises and experts regarding amendments to the Law on Land held last week in Ho Chi Minh City, Seck Yee Chung, a representative of the Vietnam Business Forum’s Trade and Investment Working Group, said that Article 35.d of the draft law provided that domestic companies only have the right to mortgages with their land and properties attached to the land at credit institutions licensed to operate in Vietnam. “This means that companies in Vietnam cannot mortgage their factory or land through foreign lenders, which creates great challenges for them to access competitive financing resources outside the country,” Chung said at the seminar, which was organised by the International Finance Corporation (IFC) and Ministry of Natural Resources and Environment (MoNRE). “Foreign lenders will look for security assets of Vietnamese companies to secure their … [Read more...] about Land law points further scrutinised
Famous designer’s ao dai collection celebrates ‘Tet’
Designer Thuy Nguyen’s new collection comprises ao dai designs in vivid colours for women the coming Lunar New Year holiday. (Photo courtesy of Thuy Design House) HCM City (VNS/VNA) - Vivid colours are featured in a new collection of ao dai ( Vietnamese traditional long dress ) by well-known fashion designer Thuy Nguyen. ao dai designs for women in silk and satin in banana leaf green, light blue, red and lotus pink that the designer has created after her trips to beautiful remote areas across the country. fashion designer . She opened her first store in HCM City in 2011. Tet ,” said Nguyen Kim Chi, a 12th grader in District 3./. VNA … [Read more...] about Famous designer’s ao dai collection celebrates ‘Tet’
Vietnam showing better-than-average growth: Indian expert
Vietnam is said to have been avoiding the usual recessionary trends across the Asian markets and is showing better-than-average growth. (Photo: VNA) New Delhi (VNA) – An Indian expert has highly valued Vietnam’s post-pandemic recovery in an article recently published on Moderndiplomacy.eu. In the writing, titled “Vietnam’s macroeconomic policy and post COVID recovery”, Prof. Pankaj Jha, Director of the Centre for Security studies at India’s Jindal School of International Affairs, cited the latest IMF reports as saying that Vietnam's real gross domestic product ( GDP ) in 2023 is estimated at 6.2%, and this clearly indicates Vietnam has been avoiding the usual recessionary trends across the Asian markets and is showing better-than-average growth. He noted with an inflation rate of less than 4%, it clearly shows that Vietnam is likely to emerge as a promising economy in Asia. If one looks into the core fundamentals of Vietnam following the COVID-19 pandemic, it … [Read more...] about Vietnam showing better-than-average growth: Indian expert
N.A. Vice Chairman visits RoK, meets host leaders
At the meeting on March 21, the RoK N.A. speaker noted that the relations between Vietnam and the RoK have been developing strongly, highlighting the elevation of bilateral ties to a comprehensive strategic partnership in December 2022. He stressed that during his meetings with key leaders of the Vietnamese Party, Government and National Assembly during his visit to Vietnam last January, he noticed that both sides have been aware of the great potential of bilateral cooperation. Kim extended an invitation to N.A. Chairman Vuong Dinh Hue and legislators of Vietnam to attend a forum for ASEAN and Korean leaders, slated for June in the RoK’s Jeju Island. For his part, Hai affirmed that Vietnam attaches importance to the relations with the RoK and suggested the two sides maintain all-level delegation exchanges and meetings, saying coordination and sharing of views on the bilateral cooperation as well as the regional and international situation would help deepen relations between their … [Read more...] about N.A. Vice Chairman visits RoK, meets host leaders
Model wears feathered dress for pre-wedding photos with luxury retailer heir
Linh chose a variety of dresses from Vietnamese fashion houses, all custom-made to fit her measurements. She chose a dress with see-through materials and feather attachments, along with chiffon gloves and flowers to increase her femininity. Linh completed the look with earrings, a high bun, and makeup with a dark lipstick color. For the wedding photos taken at the beach, Linh chose an alluring wedding dress with a wide veil. Linh later switched to a luxurious cup-shaped wedding dress, with a large bow on the back, that is made of high-quality satin silk. Linh spent many months to prepare for this important day of her life, so she is really invested in the wedding dress. The wedding of Linh Rin and Phillip Nguyen will take place at a church in Manila at the end of March. The couple chose Manila because it is a place that is tied to Phillip’s childhood. The wedding will welcome about 500 guests, … [Read more...] about Model wears feathered dress for pre-wedding photos with luxury retailer heir
Vietnamese stylist to work with Fan Bingbing
The 33-year-old stylist said the project is part of a series of activities marking Bingbing's return this year. Kye will work as a stylist for Bingbing in photoshoots for magazine covers. Kye sent his profile to Bingbing’s agent in late 2022 and received a work invitation in February. He’s set to be in Beijing from April 15 to April 20 to work with the famous actress in photoshoots. "In addition to outfits from famous fashion houses, I want to take this chance to introduce Vietnamese designs to international stars," Kye said. Fan Bingbing in a gown designed by Tony Ward at the Oscars on March 13, 2023. Photo by Fan Bingbing Studio Currently, Kye is spending time learning basic Chinese so that he can communicate with Bingbing at work. He said he’s not under pressure because he has worked on many projects before. Bingbing caught the attention of the public when she appeared at a fashion event in the United States this month, following a five-year hiatus after being … [Read more...] about Vietnamese stylist to work with Fan Bingbing
Lotte switches focus after cancellation of warehouse development in Dong Nai
Property arm Lotte Land last month said it would cease plans for the Lotte Eco Logis Dong Nai, which was granted an investment certificate only in November 2022. illustration photo/source baodautu.vn In a document dated March 2, Dong Nai Industrial Zones Management Board stated that Lotte Land had sent an official document on cancelling the project in Nhon Trach Industrial Zone VI from February 17. The board requested the investor to liquidate the project and fulfill all obligations related to the operation of the enterprise in accordance with the law. Younggun Ko, a director of Lotte Land, told VIR that various circumstances and investment plans related to this project had been changed, leading to the cancellation. Ko added that the move would not make much of an impact on the business of Lotte Land, and its general business strategy would remain the same. Lotte Mall Hanoi, a $600 million facility, is still expected to open in August and will include a hotel, … [Read more...] about Lotte switches focus after cancellation of warehouse development in Dong Nai
Zebra Technologies eyes potential of logistics, healthcare, and public sectors in Vietnam
Christanto Suryadarma, sales vice president for Southeast Asia at Zebra Technologies, told VIR at a press briefing on March 21, “There are many industries that we can participate with in Vietnam to modernise and automate. Transportation logistics is a key, and we are already gaining customers in this field. We are also starting to see some good use cases in healthcare, and we want to continue growing that." "Recently, we also saw interest from the Vietnamese government in terms of safety and security, looking at how they can equip security and police officers with our technology to improve safety and productivity,” he added. Christanto Suryadarma, sales vice president for Southeast Asia, Zebra Technologies Retail and manufacturing are now the two best performing industries for Zebra Technologies in Vietnam. For example, in retail, the company sees many retailers automating and digitalising using its solutions. Moreover, the nation is now a strategic location for … [Read more...] about Zebra Technologies eyes potential of logistics, healthcare, and public sectors in Vietnam
Italy – Vietnam relationship “strongly rooted in history”: Ambassador
The following is the full text of the interview. Reporter: How do you evaluate the relations between Vietnam and Italy since the establishment of the bilateral diplomatic ties 50 years ago, especially since the upgrading of the relationship to a strategic partnership in January 2013? Ambassador Antonio Alessandro: I would use the words of the President of the Italian Republic Sergio Mattarella, who has just released a warm message of congratulations on the 50th anniversary of Italy - Vietnam diplomatic relations. President Mattarella congratulated the two countries for their relationship, “strongly rooted in history” and at the same time “directed with confidence towards the future.” These words express very well the idea that the 50th anniversary is not only a great achievement, considering the long journey that both countries have made since the seventies, but also a platform to let our friendship grow further and face together the great global challenges, like climate … [Read more...] about Italy – Vietnam relationship “strongly rooted in history”: Ambassador