Land prices

To promote the management of real estate transfer activities, the Ministry of Finance has sent an official dispatch to the People's Committees of provinces and centrally-run cities, to co-ordinate and implement solutions to prevent losses. — VNA/VNS Photo Thanh Dat Organisations and individuals buying, selling and transferring real estate under two separate prices, meaning that the actual purchase price is lower than that on the notarised contract, is increasingly common and has caused great losses of revenue to the State budget. The tax industry has implemented many solutions, recommending that taxpayers need to be honest in declaring actual prices to protect their own interests. In real estate transfer activities, there are still cases in which the house prices declared on real estate transfer contracts with notarised certification, are much lower than the actual prices. There are also contracts of purchase and sale of houses and construction works which are formed in the … [Read more...] about False declaration of prices in transferring real estate cause losses

The completion of these projects would help ensure Hanoi’s rapid and sustainable development towards green, smart, and modernization while maintaining the harmonization between rural and urban areas. The capital city has so far completed around 70% of the total area subject to site clearance under smart urban projects in the city. Overview of the smart city project in Dong Anh District. Photo: BRG To date, the progress has been encouraging as contractors are speeding up the completion of the site clearance process. According to a recent report, site clearance for the construction of the new residential project Tay Mo – Dai Mo – Vinhomes Park in Nam Tu Liem District has almost concluded, with the  70% of the work volume completed. Around 80% of the land for the projects in the communes of Xuan Canh, Dong Hoi, and Mai Lam (Dong Anh District) have been cleared, and the authorities are handing over clear sites to contractors. The local authorities are also … [Read more...] about Hanoi accelerates construction of smart urban projects

Jose Mestre, a representative of the Central Retail Group in Vietnam, speaks at the conference (Photo: VNA) Bac Giang (VNA) – The northern province of Bac Giang, in collaboration with the ministries of Industry and Trade, and Agriculture and Rural Development, held an online conference on litchi sales for nearly 80 target markets at home and abroad. The conference provided an opportunity for Bac Giang to promote litchi sales in domestic and export markets; and strengthen its coordination with centrally-run agencies, domestic and foreign provinces and cities, and overseas Vietnamese economic, trade and diplomatic agencies. It also served as a forum for domestic and foreign businesses to find partners and sign contracts for litchi and litchi-based products in this year. Speaking at the event, Vice Chairman of the People’s Committee of Bac Giang province Phan The Tuan said that thanks to the favourable weather and the close control of growing area codes, the … [Read more...] about Bac Giang promotes litchi sales at home and abroad

Vice Chairman of the People's Committee of Ho Chi Minh City Duong Anh Duc checks the poultry farming area of a household in Hoc Mon District. (Photo: SGGP) In Thoi Tam Thon Commune in Hoc Mon District, the delegation noted that many places with high risks of dengue fever had not been handled, and local people remained subjective and neglectful about the dengue fever epidemic. In Thoi Tam Thon Commune in Hoc Mon District, around the boarding houses in Group 125, Tam Dong 3 Hamlet, the delegation found many water containers containing wrigglers around residential areas. Noticeably, just over one month ago, there was a case of death due to dengue fever in this area. Tran Thi Nhung, a resident in Group 125, said that when she heard someone had died from dengue fever, her family members bought more mosquito sprays but still did not sleep under mosquito nets because they were not familiar with it. According to Vice Chairwoman of Hoc Mon District People's Committee Le Thuy My Chau, from … [Read more...] about Dengue fever prevention work: people remain subjective, neglectful

The market was dominated in green and purple, with about 800 stocks increasing thanks to significantly improved liquidity. Among these, securities and banking stocks rebounded strongly, such as STB with 4.6 percent, TCB with 3.55 percent, VPB with 5 percent, HDB with 4.27 percent, MBB with 4.47 percent, VCI with 6.12 percent, HCM with 5.26 percent, VCB with 1.9 percent, and BIDV with 3.5 percent, contributed greatly to the rising momentum of the benchmark. These groups of stocks rallied robustly, spreading the upward trend to the whole market. The stock group with the second-largest market capitalization - real estate and construction - also made strong breakthroughs. Specifically, CEO, CTD, and SCR hit the ceiling price; DXG rose by 4 percent; HDG advanced by 4.9 percent; C4G emerged by 5.8 percent. Besides, many other stocks, including FPT, PNJ, SZC, and PVD, also soared by the daily limit, sending the VN-Index up by nearly 36 points. In addition, steel stocks also made a U-turn, … [Read more...] about VN-Index climbs by nearly 36 points as cash flow returns