Ho chi minh stock

The Ho Chi Minh City Department of Transport has proposed that long-haul buses be banned from the inner city in a bid to alleviate traffic jams and eliminate makeshift bus stops. The transport department suggested a road map to ban long-haul buses with over 30 seats from entering the inner city. In the first phase from 2022 to 2025, sleeper buses will be prohibited from traveling into the inner city area inside the corridor from National Highway No. 1 (Thu Duc City, District 12, Binh Tan District, Binh Chanh District) - Nguyen Van Linh Street (Binh Chanh District, District 7) - Vo Chi Cong Street (Thu Duc City) - Dong Van Cong Street (Thu Duc City) - Mai Chi Tho Street (Thu Duc City) - Hanoi Highway (Thu Duc City). In the second phase from 2025 to 2030, long-haul buses with over 30 seats, except for city buses, funeral cars, official vehicles, and tourist buses, will not be allowed to enter the inner city from 6:00 am to 10:00 pm daily. The transport department believed that … [Read more...] about Ho Chi Minh City transport department proposes banning long-haul buses from inner city

Ly Son Island, a popular destination of Quang Ngai. Illustration. (Photo: tuoitre.vn) Quang Ngai (VNA) – Revenue from travel among Hanoi , Ho Chi Minh City and the five Central Key Economic Zone city and provinces exceeded 63.07 trillion VND (over 2.69 billion USD), heard at a conference on August 8. The conference was held in the district of Tu Nghia, the south-central province of Quang Ngai, to review the two-year cooperation for tourism development among the two metropolises and the central localities of Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh. The review was expected to lay ground for the continued implementation of initiatives to boost intra-bloc partnership in tourism development post-pandemic. Reports showed that intra-bloc tourist arrivals totalled more than 17,68 million last year, given that the sector was badly hit by COVID-19. Vice Chairman of the Quang Ngai provincial People’s Committee Tran Hoang Tuan addresses the … [Read more...] about Hanoi, HCM City boost tourism linkages with Central Key Economic Zone

At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2 percent in Q4 of 2021, and respectively 5.1 percent and 7.7 percent in Q1 and Q2 of 2022. Inflation is projected to average 3.8 percent over the year. Carolyn Turk, WB Country Director for Vietnam, said that the bi-annual report “lays out a set of policy recommendations that could help mitigate the impact of these risks and make the economy more resilient going forward.” Titled “Taking Stock: Educate to Grow”, this edition underlines transforming the higher education system as the key to boosting the country’s productivity and achieving its development goals, in the context where the country re-emerges from the pandemic and into a challenging global environment. The report’s co-author Dorsati Madani said that while Vietnam’s economic recovery had been relatively stable, not all sectors witnessed the same … [Read more...] about Vietnam’s economic growth forecast at 7.5 percent in 2022: World Bank

Hanoi is committed to working closely and effectively with Ho Chi Minh City and the Central Key Economic Zone in tourism. The link between Hanoi, Ho Chi Minh City, and the Central Key Economic Zone [comprising five localities of Thua Thien - Hue, Danang, Quang Nam, Quang Ngai, and Binh Dinh] is very important in the tourism development of those localities and the whole country. Nguyen Hong Minh, Deputy Director of the Hanoi Department of Tourism, emphasized the need for closer connection at the preliminary conference on tourism development linkage between Hanoi, Ho Chi Minh City, and the five localities for 2021-2025 on August 8 in Quang Ngai Province. tourism in Hanoi and six cities and provinces have had positive results in the past time. Photo: Sun Group After two years of implementation, despite difficulties due to the Covid-19 pandemic, the city along with other provinces and cities has actively exchanged information, built new orientations in local … [Read more...] about Hanoi strengthens tourism cooperation with Central Key Economic Zone

After Vietnam's tax authorities enhanced the collection of taxes from traders on digital platforms, including social networks and e-commerce sites, many traders are seeking ways to avoid paying them or pass the buck to buyers. Shopping on websites, e-commerce platforms, and social networks is a national trend. E-commerce has boomed in Vietnam with revenue of some US$13.7 billion in 2021. The figure is forecast to reach $39 billion by 2025. However, the tax revenue from this sector has not risen commensurately its growth. Multiple tricks to avoid taxes Minh Thu, living in Thu Duc City, a district-level city in Ho Chi Minh City, said after ordering a pair of shoes from an online trader on Facebook, she was surprised as the trader announced that from August 1, customers must make payments in advance and the trader will not offer the cash-on-delivery (COD) service as earlier. Money transfer descriptions must not include the words 'buy' or 'sell,' but Facebook or Zalo … [Read more...] about In Vietnam, online vendors seek ways to avoid taxes

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 8. - Prime Minister Pham Minh Chinh on August 8 described digital transformation as an important tool for the building of an independent and self-reliant economy and the extensive and effective integration into the world. He made the remark while chairing the third meeting of the National Committee on Digital Transformation in Hanoi. Read full story - Issues in the areas of public security and culture, sports and tourism will be the focus of the upcoming question-and-answer session of the 15th National Assembly (NA)’s 14th session on August 10, according to a freshly-released plan of the NA Standing Committee. Read full story - A delegation of the Royal Cambodian Armed Forces (RCAF) led by Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the RCAF and Commander of the Royal Cambodian Army, is making an official visit to Vietnam. Following an official welcome … [Read more...] about ☕ Afternoon briefing on August 8

At the conference In November 2020, leaders of the People’s Committees of seven localities signed an agreement on tourism development cooperation. The program will focus on state management of the tourism industry, the development of tourism human resources and tourist products, and tourism promotion. According to a report, seven cities and provinces received a total number of visitors of 17.7 million and earned VND63, 000 billion (US$2.7 billion) in tourism revenue in 2021. In the first six months of this year, the business outcome of tourism activities saw positive signs thanks to tourism reopening policies. The total number of tourists was estimated at around 32.9 million, including one million international visitors while the revenue from tourism was VND87, 900 (US$3.76 billion). Standing Vice Chairman of the People’s Committee of Quang Ngai Province, Tran Hoang Tuan speaks at the event. Speaking at the event, Standing Vice Chairman of the People’s Committee of … [Read more...] about North-Central-South tourism connectivity enhanced

According to the Ministry of Transport, the Ben Luc - Long Thanh Expressway construction project is invested by the Vietnam Expressway Corporation (VEC). The project has a total length of 57.8 kilometers, passing through Long An, Ho Chi Minh City, and Dong Nai provinces. The project's total investment is VND31.32 trillion, using loans from the Asian Development Bank, Japan International Cooperation Agency (JICA), and domestic reciprocal funds. According to the original plan, the project would be carried out from 2014 to 2019. However, during the implementation process, some mechanism and policy changes caused the project not to be allocated capital and have to halt construction from 2019. The Ministry of Transport had reported to the Government many times and regularly worked with relevant agencies, such as the State Capital Management Committee, JICA, and State Audit of Vietnam, to solve the project's problems. Up to now, the Politburo and the National Assembly have approved … [Read more...] about Ben Luc – Long Thanh Expressway project restarts in third quarter

Biuret, a famous rock band from the Republic of Korea (RoK) will give a solo performance at Rock It and Hifi Saigon restaurant in pricinct 1, Ho Chi Minh City on March 19 th , on its tour of Vietnam . The band was established in 2002 by Hye Won Moon, the lead singer and composer. He is joined by other two members, Jai Hyun Ahn and Gyo Won Lee. Biuret’s first album, released in 2005, won warm response from music lovers in the RoK. The band has so far performed over 600 live shows both at home and abroad. In 2009, Biuret received the Sutasi Award, which was created to seek new music talents in Asia . Source: TPO Translated by Vu Hung … [Read more...] about RoK’s well-known rock band to perform in HCMC

Opshop, a well-known rock band from New Zealand , will give performances at the Hard Rock Café in Ho Chi Minh City on March 31 st and April 1 st . Opshop includes 4 members, namely Jason Kerrison, Matt Treacy, Clint Harris and Bobby Kennedy. The rock band is considered a phenomenon in their home land for talents and successes with their first album “You Are Here” released in 2004. Accordingly, Opshop’s performances in HCMC will be hosted by the Hard Rock Café, with the sponsorship of Coors Light Beer. For more information, please contact Hard Rock Café at Kumho Asiana Plaza , No39 Le Dai Hanh Street, Urban District 1, HCMC or visit the website www.hardrockcafe.vn . Source: thesaigontimes Translated by Vu Hung … [Read more...] about New Zealand rock band to perform in HCMC