Public investment disbursement

Savill Vietnam's spotlight for the second half of 2020 forecast unit prices to benefit further from infrastructure upgrades. Average asking prices have increased 4 per cent per year over the last five years. At the same time, infrastructure development eases living farther out. When complete, the metro and ring roads will see this trend accelerate. The framework for public-private partnerships was simplified in 2020. Political stability and speedier decision-making will see greater spending on key infrastructure projects. The GSO estimates that for every 1 per cent point increase in public investment, GDP will move up 0.06 per cent points. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24

Staffers of the metro train are seen at the S1 terminal in Hanoi, January 23, 2021. Photo: Pham Tuan / Tuoi Tre The driver’s cabin of the train for the metro line 3 of Hanoi, January 23, 2021. Photo: Pham Tuan / Tuoi Tre The interior of the train for the metro line 3 of Hanoi, January 23, 2021. Photo: Pham Tuan / Tuoi Tre A visitor sits on the train for the metro line 3 of Hanoi, January 23, 2021. Photo: Pham Tuan / Tuoi Tre Passengers’ handles on the train for the metro line 3 of Hanoi, January 23, 2021. Photo: Pham Tuan / Tuoi Tre On October 18, 2020, the first carriages of the train to run on Hanoi’s metro route 3 were unloaded to Nam Hai Dinh Vu Port in northern Hai Phong City before reaching Hanoi two days later. … [Read more...] about Public guests get first look of Hanoi’s third metro tra

Seoul (VNA) – The Vietnamese people at home and abroad believe that the upcoming 13th National Party Congress will mark a new milestone in the national development, said Chairman of the Vietnam – Korea Businessmen and Investment Association Dr. Tran Hai Linh.Vietnam News Agency correspondents in Seoul, the Republic of Korea (RoK) Linh, who is also a member of the Vietnam Fatherland Front Central Committee, said the Congress is a significant political event that will encourage the entire Party, people and armed forces to continue speeding up comprehensive and synchronous reform, carrying the country towards rapid and sustainable development. … [Read more...] about Vietnamese in RoK expect Congress to mark new milestone

Hanoi (VNA) - Various cultural features of ethnic minority groups in the northern province of Hoa Binh were showcased in Hanoi’s pedestrian area around Hoan Kiem Lake over the weekend. Dubbed Hoa Binh Province’s Culture and Tourism Festival, the event gathered thousands of representatives from the province performing art, gongs, offering cuisine and local delicacies, folk games and displaying artful photos.  Addressing the opening ceremony on January 22 night, Chairman of the Hoa Binh People’s Committee Bui Van Khanh said Hoa Binh civilisation is famed all over the world and the province also hosts an honourable revolutionary tradition and diverse natural resources. The province is home to six ethnic minority groups, who have made up distinctive indigenous cultural features, he said. He called Hoa Binh a beautiful land created by mountains, hills and the magnificent Da River. The Hoa Binh Hydropower Lake offers a romantic landscape with hundreds of green … [Read more...] about Hoa Binh culture on show in downtown Hanoi

At around 9:30 pm on Thursday, officers under the Ministry of Public Security, in coordination with the Hanoi police department, caught red-handed two sex workers and their clients at an apartment in Ba Dinh District. … [Read more...] about Vietnam police bust prostitution ring that charged $7,000 for sex tour