Buyers at a supermarket (Photo: SGGP) Different from the boring scene when the Covid-19 epidemic raged, in recent months, especially on the big holiday of April 30 and May Day, Ho Chi Minh City has witnessed a bustling shopping scene again at commercial centers and supermarkets. Large shopping centers such as Aeon, BigC, Emart, MM Mega, or supermarket systems Saigon Co.op, Satra have seen crowds of customers who were waiting in line to buy commodities. A representative of Aeon Vietnam said that during the past holiday, business locations across the country have recorded positive growth. For example, at Aeon General Department Store and supermarket - Tan Phu, the number of visitors and purchasing power increased by 30 percent compared to weekends in the first few months of the year. Ms. Huynh Thi Kim Thanh, Director of General Department Store and supermarket Aeon Tan Phu said that compared to the holiday of April 30, 2021, the number of visitors to Aeon - Tan Phu this year … [Read more...] about HCMC sees purchasing power increase, recovery of retail industry
Ltr power center
Vietnam needs US$133.3 billion investment in power projects by 2030
The power industry is still facing many challenges to meet the rising demand in Vietnam. Vietnam needs US$133.3 billion to invest in new power plants and transmission networks from 2021 to 2030, according to Vice Minister of Industry and Trade Hoang Quoc Vuong. Vietnam needs US$133.3 billion investment in power projects by 2030. Photo: GIZ At the second conference on the National Power Development Plan VIII (PDP) VIII for the 2021-2030 period, with a vision to 2045 on September 28, the Vietnam Energy Institute (VEI) reported that of the total investment, US$96 billion will be spent on new power plants and US$37.3 billion on expanding the power grid. It means the country needs an annually an amount of US$13.3 billion for investment in new power plants and transmission networks in the next 10 years. Deputy Minister Vuong told the conference that according to the power source development program until 2030, the total power capacity is expected to increase by … [Read more...] about Vietnam needs US$133.3 billion investment in power projects by 2030
SEA Games 31: Sports delegations get free entry to Thang Long Imperial Citadel
Tourists visit the Thang Long Imperial Citadel (Photo: VNA) As part of its efforts to attract visitors to the citadel, the center has also reduced the entrance fees of the night tour "Decoding the Imperial Citadel of Thang Long” in May 2022 from VND300,000 (US$2.99) per person to VND200,000. According to the center, the night tour, which just restarted at the end of April, has received positive feedback from locals and visitors. With these attractive programs, the center expects more visitors, especially those attending SEA Games 31. On this occasion, an exhibition themed “General Van Tien Dung - famous General of the Ho Chi Minh era" is being organized, featuring more than 150 valuable documents and artifacts related to the General - a talented military expert. The Thang Long Imperial Citadel, which was placed on the UNESCO list in August 2010, was a power center for over a thousand years of Vietnamese history and unique evidence of the Vietnamese civilization during the … [Read more...] about SEA Games 31: Sports delegations get free entry to Thang Long Imperial Citadel
Remarks by PM Pham Minh Chinh at CSIS in Washington D.C
Prime Ministe Pham Minh Chinh addresses the Centre for Strategic and International Studies ( CSIS ) in Washington D.C. (Photo: VNA) Washington D.C. (VNA) – Prime Ministe Pham Minh Chinh has delivered a speech at the Centre for Strategic and International Studies (CSIS) in Washington D.C. during his ongoing working trip to US. The following is the full text of the speech. “SINCERITY, TRUST AND RESPONSIBILITY FOR A BETTER WORLD” Dear Dr. John Hamre, President and CEO of the Center for Strategic and International Studies, Ladies and gentlemen, I am very happy to visit the Center for Strategic and International Studies for the first time today, though this is far from the first time I hear of the CSIS, a top American think tank in the field of foreign strategies and policies and international issues. Seventy-seven years ago, President Ho Chi Minh, the national hero of Vietnam and great man of culture, prefaced the Declaration of Independence establishing the … [Read more...] about Remarks by PM Pham Minh Chinh at CSIS in Washington D.C
Remarks by PM Pham Minh Chinh at CSIS in Washington D.C.
The following is the full text of the speech. “SINCERITY, TRUST AND RESPONSIBILITY FOR A BETTER WORLD” Dear Dr. John Hamre, President and CEO of the Center for Strategic and International Studies, Ladies and gentlemen, I am very happy to visit the Center for Strategic and International Studies for the first time today, though this is far from the first time I hear of the CSIS, a top American think tank in the field of foreign strategies and policies and international issues. Seventy-seven years ago, President Ho Chi Minh, the national hero of Vietnam and great man of culture, prefaced the Declaration of Independence establishing the Democratic Republic of Vietnam with this untarnishable fact, “All men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are Life, Liberty and the Pursuit of happiness.” This was the spirit enshrined within the 1776 Declaration of Independence of the United States of America; it … [Read more...] about Remarks by PM Pham Minh Chinh at CSIS in Washington D.C.
More lessons learnt from Xieng Khouang – Plain of Jars Victory in 1972
The victory proved the effective and timely collaboration between the Vietnamese and Lao forces and forces in the Southern theater in the strategic offensive in 1972, contributing to failing the “Vietnamization” strategy of the U.S. and the “Nixon doctrine.” It also reaffirmed that defensive is the obvious operation in the liberation war and added more theoretical and practical values to the art of combat at the operational level of Vietnam in the resistance war against the U.S. invaders. As the operation went, the Central Military Commission of Vietnam and the Lao side informed the Command of the Plain of Jars – Muong Sui Campaign about the intention: Right after the end of the offensive operation in the area, our forces would shift to the defensive posture at the operational level, ready to break down any counter-offensive operations of the enemy. With good preparation, by May 20, 1972, the coalition forces had completed the firm and continuous operational defensive disposition, … [Read more...] about More lessons learnt from Xieng Khouang – Plain of Jars Victory in 1972
Rental market in HCMC sees uptick
Rental market in HCMC sees uptick After a long time affected by the Covid-19 epidemic, many renters were able to benefit from price reductions but now housing demand spiked. Many investors have demanded to rent premises in the center of the southern metropolis such as in District 1, and District 3. The rent of business premises with an area of 60 square meters - 100 square meters on some main roads in District 1 such as Le Thanh Ton and Ly Tu Trong streets is about VND200 million a month while renters must pay VND80 to VND200 million per month for a premise in Nguyen Thi Minh Khai Street. Mr. Ha Van Chinh, a real estate broker, said that he has a premise in Tran Hung Dao Street in District 1 for rent and many investors have come to ask for rent. However, many tenants are still waiting for the landlord to offer a good price, because in the current situation when many commodities’ prices are escalating, they necessarily consider carefully before starting a business. Not only … [Read more...] about Rental market in HCMC sees uptick
Groundbreaking ceremony for the DHN Gia Lai agricultural high-tech complex
"The Complex of Agricultural High-Technology DHN Gia Lai" is in Ia Le Commune, Chu Puh District, with a total investment capital of about VND1,030 billion. The project is expected to have a land use area of about 100 hectares, including farm of 2,500 pigs, selected and imported directly from the Netherlands, pigs slaughter house, organic fertilizer factory, operation and support service area, organic farming area and green land, land for traffic and technical infrastructure, gathering area, purchasing area, preserve and pack fruits according to high quality export standards. Phase 1: The DHN Gia Lai hi-tech application breeding area has a total land area of 50 hectares, a capacity of 2,500 calves and grandparents and 25,000 gilts. This is the fourth project in the DHN High-tech Agricultural Complex in Vietnam of two corporations, specializing in the production of high-quality agricultural products in a closed chain including: Selection and Production of Swine & … [Read more...] about Groundbreaking ceremony for the DHN Gia Lai agricultural high-tech complex
Britain historian highlights significance of President Ho Chi Minh’s trip to London
Talking to Vietnam News Agency, Callow held that London was a destination for Ho Chi Minh after a long journey to many other places because that was known as the workshop of the world. It was the cradle of the Industrial Revolution, the center of the greatest empire in terms of land mass that the world had ever known, and the world's top financial center. His journey is intensely practical and a way to discover the politics, the economics and the cultures of very different civilizations, the scholar stated. He stressed that it was a brave step for Ho Chi Minh to leave his homeland with a desire to learn, to witness with his own eyes the fast changing world, and to see for himself the bases of the imperial power. “During his tour, he got a sense of change, a possibility and the power of an organised working class to make progressive change. He could take certain lessons back home with him to change the lives and the realities of the Vietnamese people for the better. But from London, … [Read more...] about Britain historian highlights significance of President Ho Chi Minh’s trip to London
Rains to persist in northern, southern Vietnam until end of month
Rains in northern and southern Vietnam are expected to decrease in intensity but will persist until the end of the month, while hot weather has begun to affect the central region. Rainfall in northern provinces will drop to between 20 and 50 millimeters on Wednesday, according to the National Center for Hydro-meteorological Forecasting. Showers and thunderstorms are forecast to continue dampening the region over the next days. It will be more likely to rain in the evening, the center added. Localities in southern Vietnam and the Central Highlands will also experience similar weather patterns from May 25 to 29. The rains may be accompanied by thunderstorms, gusts, and hail, and pose risks of flash floods, landslides, and flooding in certain areas. Meanwhile, hot weather has already appeared in some areas in central Vietnam. Showers will still be recorded in the localities from central Da Nang to south-central Binh Thuan Province on Wednesday evening. In the remaining … [Read more...] about Rains to persist in northern, southern Vietnam until end of month