Advertising companies that are forced by Hanoi authorities to downsize and lower their advertising panels have sought the city Party Committee’s intervention to change the rule that will cost them a nine-figure sum to have each of the violating panels fixed. Advertising firms say Hanoi's new regulation will cause them a huge loss Photo: Tuoi Tre As part of the new regulations on advertising activities that tookeffect in January 2012, the People’s Committee in Hanoi has announcedthat every overhead ad panel on the Phap Van-Cau Gie expressway musthave a surface area of no more than 120 square meters. Panels thatexceed the limit must be taken down and downsized.The authorities also required that ad panels cannot be installed more than 17 meters above ground. In their appeal to the Party Committee, businesses say the changes totheir current billboards, most of which are 200-250 square … [Read more...] about Hanoi’s ad panel rule to cost firms $2.3 million
Hanoi
Thousands of households cleared for Hanoi’s largest belt road
More than 2,000 houses along Minh Khai Street in Hai Ba Trung District will be removed for the construction of the Ring Road 2 project in Hanoi.The 43.6km-long road with an investment of over VND10trn (USD442.85m) will run through one of the most densely-populated locations in Hai Ba Trung District.The cost to build the three-kilometre section from Vinh Tuy Bridge to Vong intersection alone is VND5trn (USD221m). The investor paid VND1trn in advance for ground clearance work in August 2015. According to the city regulations, the maximum compensation rate is VND83m for a square metre and the lowest is VND36m. Due to some disputes, ground clearance has only been recently completed.About 2,357 houses and 15 state offices covering 176,581 square metres will be removed for both underground and elevated sections of the road. The new road will be 53.5 to 63.5 metres wide with an elevated section.Minh Khai Street has been a hot spot for congestion for years, especially near Vinh Tuy Bridge. Mai … [Read more...] about Thousands of households cleared for Hanoi’s largest belt road
Unprecedented suspension of CPA Hanoi’s CEO
According to the State Securities Commission (SSC), they have just issued a decision on suspending the auditor status of auditors Nguyen Ngoc Tinh and Nguyen Thi Gam of Hanoi Auditing and Accounting Company Limited (CPA Hanoi).The suspension lasts from November 7 to December 31, 2017.Under current regulations, SSC is responsible to periodically check the operations of auditing companies and associated auditors to ensure their work quality.During such a check, SSC would pick up several files related to the auditing businesses’ annual financial statements for scoring. It is not abnormal for auditors to have their auditor status suspended for a short while due to failing to meet certain requirements.The case with CPA Hanoi has drawn greater public attention because one of the two auditors is the company’s top leader, a rare occurrence on the Vietnamese stock market. In a talk with VIR, a source from SSC said that in the recent round of checking four record files at … [Read more...] about Unprecedented suspension of CPA Hanoi’s CEO
Your Style Fashion Show debuts in Hanoi Old Quarter
The Your Style Fashion Show is held four times a year with themes on four seasons: spring, summer, autumn and winter.The first show for spring will take place on December 2 attracting the participation of prestigious brands with diversified designs of office fashion and jeans. Apart from the fashion show, an exhibition of jewelleries and accessories will be held at the Hanoi Old Quarter Cultural Exchange Centre on 50 Dao Duy Tu street. The program will highlight Hanoi Old Quarter’s culture, helping consumers access high quality fashion designs at reasonable prices and introducing popular brands and designers. … [Read more...] about Your Style Fashion Show debuts in Hanoi Old Quarter
Lao veterans welcomed in Hanoi
Toan lauded the friendship between people and army of Vietnam and Laos as well as Hanoi and Vientiane over the past years. During the recent visit of Secretary of the Hanoi Party Committee Hoang Trung Hai, the two cities signed a memorandum of understanding on cooperation in 2017-2020, laying a foundation for specific bilateral cooperation in the future, he said. For his part, Major Sonchay Khamavongkeo briefed his host on recent major activities of the Vientiane Veterans’ Association. He stated that in the coming time, the association will continue expanding relations with veterans’ associations in different localities of Vietnam. Source: VNA … [Read more...] about Lao veterans welcomed in Hanoi