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Nguyen Thi Tuoi, a 64-year-old woman living in the district, recently finished a five-story building with 41 rooms for rent after a year of construction. In order to meet the high standards of renters, she decided to fully furnish the rooms with beds, closets, desks, chairs, air conditioners, and private bathrooms. She also installed a fire alarm system that is up to standards inside the building. She plans to fix the price of rent at VND3 million (US$123) per month. The idea of starting a rental business came to her at the beginning of 2022, when she saw that there was high demand from students of FPT University and Vietnam National University Hanoi, especially because many nearby rentals were nearly full. The five-story building with 41 fully furnished rooms belonging to Tuoi’s family in Hanoi's Thach That District, the morning of Sept. 12, 2023. Photo by VnExpress/ Quynh Nguyen "My family had a few hundred square meters plot of land right next to the road, near … [Read more...] about Hanoi’s student apartments ‘hungry’ for tenants

Working under floodlights, military personnel supported emergency services using rescue dogs and earth-moving equipment to identify and dig out survivors from the ruins of the church in Ciudad Madero, a city on the Gulf coast near the port of Tampico. Footage on social media showed the moment the church roof caved in, puffs of gray smoke billowing into the air, followed by the toppling of yellow brick outer walls. Nine people died and another 40 were taken to nearby hospitals, while 30 other worshippers remained unaccounted for, Jorge Cuéllar, spokesman for the Security Ministry of Tamaulipas state, which borders Texas. Speaking on Foro TV news channel, Cuéllar thanked local businessmen for bringing equipment to help remove rubble and aid rescue efforts. Bishop Jose Armando Alvarez from the Roman Catholic Diocese of Tampico said the church roof crumbled as worshippers were receiving communion and asked others to pray for the survivors. "In this moment the necessary work is … [Read more...] about Mexican church roof collapses during Sunday mass killing 9, about 30 others missing

The deal is set to boost competition in Vietnam's retail market, as rapid urbanization draws domestic and foreign investors looking to expand or gain a foothold in the country of 100 million. Proceeds will go to strengthen Masan's financial position, said the fast-moving consumer goods firm, which runs more than 3,200 supermarkets and minimarts in the southeast Asian nation. "Masan has the right fundamentals, reach, and growth strategy to succeed in a high-growth and compelling consumer market," Bain partner Barnaby Lyons said in the joint statement. The investment would be in the form of convertible dividend preference shares priced at 85,000 dong ($3.50) each, which can be converted into ordinary shares in a one-for-one ratio, Masan added. "We look forward to working with Bain to accelerate our vision to be the one-stop shop for consumer daily needs," its chief executive, Danny Le, said in the statement. Last week Reuters reported that Singapore's sovereign wealth fund, … [Read more...] about Bain Capital invests $200 mln in Vietnam conglomerate Masan

On September 16, Quang Nam chose India as the first destination of its first provincial tourism promotion programme since the pandemic, opening the door for further activities set to take place elsewhere in the coming months. Deputy director of the Quang Nam Department of Culture, Sports, and Tourism Van Ba Son said many tourism products and services of the province had been introduced to Indian partners during a four-day event in Mumbai city in mid-September. Businesses and travel associations from both sides also reached an agreement on cooperation in exchanging guests, opening up more attractive development opportunities for the tourism industries of the two countries in the future. “We chose India because this country is in the top 10 largest international tourist markets in Vietnam. The number of Indian tourists coming here is increasing, the two countries also have many similarities in culture and religion and both have advantages in developing cultural tours,” Son said. … [Read more...] about New approaches in Vietnam’s tourism