At the end of 2016, the giant property developer, Phu My Hung Development Corporation unveiled a new complex called Phu My Hung Midtown. Being developed on an area of over 56,000sq.m, Phu My Hung Midtown is inspired by major urban areas around the world like Tokyo Midtown and Midtown Manhattan with four proposed housing projects, The Grande, The Symphony, The Signature, and The Peak. Two years since it was launched, the project is nearing completion with the last project, The Peak, representing the motto of saving the best for last. In the previous launch phases, Phu My Hung Midtown have successfully achieved sales rate 90-100% right in the launch events. It announced that the key investor of the project was Phu Hung Thai Development Joint Stock Company, a joint venture between it and three prestigious Japanese real-estate developers: Daiwa House Group, Nomura Real Estate Group and Sumitomo Forestry Group. According to Phu My Hung, the three partners are all giant developers with a … [Read more...] about Phu My Hung and we share development philosophy: Japanese partners
Persistence is the key to success
At the same time, the country’s top leader shared the view of the Party’s leadership to promote internal power and multiply the national traditional strength so that the Party is capable of leading the Vietnamese people to develop a more prosperous and powerful country of Vietnam. Reporter: Your Excellency the Secretary General and State President, 2018 witnessed the efforts of the whole Party, people and army advancing on the path chosen by the Party, Uncle Ho and the entire people. Could you elaborate on the remarkable achievements that the country obtained last year? Party Secretary and State President: It can be said that 2018 was a year full of hardships and challenges, but the Vietnamese people have surmounted all, making great achievements in many fields, particularly in national construction and development cooperation. These achievements have made up a strong, firm and dynamic Vietnam after 3 years implementing the Resolution of the 12th Party Congress. In … [Read more...] about National unity is source of power: Party Secretary General and State President
Murooka Naomichi, senior representative from the Japan International Cooperation Agency Vietnam has made a remarkable transition from a low to a middle-income country after doi moi. The country has seen strong economic growth, achieving 5 to 7 per cent of GDP annual growth rate in the past 10 years. Foreign direct investment, industrialisation, and rapid urbanisation, among other factors, have contributed to sustaining economic growth and reducing poverty, creating more employment opportunities in the process. However, it is starting to take its toll on the environment. The benefit from economic growth has been accompanied by serious environmental degradation and destruction. For example air pollution, largely resulting from the increasing use of private vehicles in urban areas, is becoming more serious. Metropolises such as Hanoi and Ho Chi Minh City are ranked in the top 300 most-particulate matter polluted cities in the world, according to … [Read more...] about Seeking a robust sustainable future
US Defense Secretary Jim Mattis (L) and Secretary of State Mike Pompeo (2nd L) meet with Chinese politburo member Yang Jiechi (2nd R) and Defense Minister Wei Fenghe (R) for top-level talks in Washington. (Photo: AFP/Mandel Ngan) The defence chiefs and top foreign affairs officials of the two countries met in Washington for a regular dialogue that had been pushed back amid months of spiralling tensions between the world's two largest economies. After President Donald Trump's barbed comments against China in the runup to this week's congressional elections, Secretary of State Mike Pompeo turned conciliatory in tone if not always in substance. "The United States is not pursuing a Cold War or containment policy with China," Pompeo told a joint news conference. "Rather, we want to ensure that China act responsibly and fairly in support of security and prosperity in each of our two countries," Pompeo said. But Pompeo also was upfront about US concerns. While the Trump administration has … [Read more...] about US denies China ‘Cold War’ but deep gaps persist
Legal conformity and persistence key to exporting goods to U.S.By Huynh Kim A view of the roundtable discussion – PHOTO: HUYNH KIM CAN THO – Two entrepreneurs doing business in the United States have advised Mekong Delta firms to work in line with the law and to be persistent in their efforts if they wish to export their products to the world’s largest economy. The Can Tho Promotion Agency held a roundtable discussion yesterday, which put forward ways to boost exports of agricultural products in Can Tho City and the Mekong Delta as a whole to the United States. The event gathered some 100 firms based in the Mekong Delta. Having lived in the United States for 38 years, Simon Ky Tran, director of Bfarmusa Company, is an experienced consultant for Vietnamese firms, helping them export their agricultural products to the United States successfully. This includes rice in Can Tho City and sugar of Thanh Thanh Cong Group in Tay Ninh Province. He noted that it took … [Read more...] about Legal conformity and persistence key to exporting goods to U.S.