The administration of Ho Chi Minh City on March 27 issued an official directive outlining the penalties for those who fail to comply with measures enacted to prevent and control COVID-19, including a VND100,000-300,000 (US$4.3-12.9) fine for face mask wearing violations. … [Read more...] about 10,000 face masks seized near Ho Chi Minh City airport
Pickpockets ho chi minh
District authorities should provide timely assistance to poor households
Another 1,311 people were released from the quarantine areas on April 8 after they finished isolation for 14 days and had negative test results for the SARS-CoV-2 virus. Thus, 2,122 people have been still isolated due to epidemiological factors such as returning from epidemic areas, close contact with infected or suspected cases. … [Read more...] about District authorities should provide timely assistance to poor households
Stock market has torrid time in March
Three companies, Binh Thuan Agricultural Service Joint Stock Company (ABS), Vietnam Rubber Group (GVR) and Kien Giang Construction and Investment Consultancy Corporation (CKG), listed on HOSE during the month. … [Read more...] about Stock market has torrid time in March
Build-operate-transfer ventures look for boost
Evidently, BOT transport projects have attracted strong interest among private investors who made great success. Tasco JSC (HUT) was among them. HUT was once attractive to stock brokers thanks to business potential in transport infrastructure development, especially BT and BOT projects. Toll collection has brought about giant profit for HUT at the BOT My Loc, Tan De, National Highway No.1, and National Highway No.10. However, while these projects are of only moderate success, considerable controversies persist due to excessive imposition of maintenance fees and unreasonable positioning of toll booths, amongst other things. One thing these projects all have in common is that existing roads were renovated and some bypass routes erected, but there were relatively few new routes. Some experts maintained that BOT investment in traffic infrastructure should prioritise new road construction projects. According to the MoT, there are around 88 toll booths nationwide, of which the … [Read more...] about Build-operate-transfer ventures look for boost
Hotels setting up for post-pandemic boom
Many hotels in the central cities of Nha Trang and Danang have been closed, with a part of them going up for sale because their owners cannot bear the losses any more. On the website alonhadat.com.vn, hundreds of hotels are on offer, ranging from VND10-350 billion ($435,000-15.2 million). … [Read more...] about Hotels setting up for post-pandemic boom
