Jackson area ministries green thumb project

As of the end of last year, the total outstanding loans for real estate projects in Vietnam hit over VND1,200 trillion (US$51.5 billion), according to the Ministry of Construction. Property enterprises borrowed some VND800 trillion ($34.1 billion) from banks and issued bonds worth roughly VND419 trillion ($17.9 billion) via private placement. In particular, banks offered loans worth about VND180.7 trillion ($7.7 billion) for urban area and housing projects in 2022, or 22.8 percent of the total loans for the real estate sector. In addition, loans for office for lease projects and industrial and export processing zones stood at more than VND41.8 trillion ($1.8 billion) and VND40.1 trillion ($1.7 billion), respectively. Meanwhile, investors of tourist site and resort projects asked for loans of nearly VND32.7 trillion ($1.4 billion). The figures were over VND57.5 trillion ($2.45 billion) for restaurant and hotel projects, VND144.2 trillion ($6.1 billion) for projects to build … [Read more...] about Property loans in Vietnam top $51bn in 2022

Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA) Binh Dinh (VNA) – Prime Minister Pham Minh Chinh urged the north-central and central coastal regions to create more breakthroughs in development to match their potential and advantages while addressing a conference in Quy Nhon city, Binh Dinh province, on February 5. The conference touched upon the implementation of the Government’s action plan to materialise the Politburo’s Resolution No. 26-NQ/TW dated November 3, 2022 on orientations for socio-economic development and national defence and security in the two regions by 2030 with a vision towards 2045. It was also intended to promote investment in the regions with the theme of “Linkage - Breakthroughs from maritime economy - Rapid, sustainable development.” The regions hold strategic positions and roles of special significance in terms of economy, especially maritime economy, politics, culture, social affairs, environment, external relations, … [Read more...] about PM asks north-central, central coastal regions to create development breakthroughs

The philosophy that widely adopted in Vietnam demonstrates the close relationship between the two nations which are now leading trade partners of each other in ASEAN. Thailand and Vietnam have as close relationship that has been strengthened through different fields, including some initiated by late King Bhumibol Adulyadej. Thai Ambassador to Vietnam Nikorndej Balankura delivers a speech at the ceremony held in Hanoi on Dec 2. Photos: Minh Nguyen The Sufficiency Economy Philosophy (SEP) is the typical model found throughout Thailand and widely adopted in Vietnam. According to Thai Ambassador to Vietnam Nikorndej Balankura, SEP is a guideline cultivated by the late King that emphasizes how individuals and communities should establish strong basic economic foundations, through the core principles of moderation, reasonableness, and resilience, in order to ensure sustainable growth. Today, the SEP Project in Vietnam’s Northern Province of Thai Nguyen aims to … [Read more...] about Thailand’s philosophy promoted in Vietnam