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The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19

According to economic expert Can Van Luc, there are many factors that positively affect the real estate market including the relatively good economic recovery, the acceleration of the program of socio-economic recovery and development 2022-2023, and public investment. In addition, legal issues have been and are being resolved while interest rates and basic exchange rates were stable despite strong upward pressure. In particular, the credit market is having bright spots. From now until the end of the year, there will still be a new credit wave for good property projects and by 2023 there will be a new credit room. However, challenges still remain because the economic recovery is not sustainable and the supply is not immediately abundant whereas the prices of energy and raw materials also increased. The Government and responsible agencies have been tightening management of the corporate bond market. Regarding specific developments in the market, a representative of CBRE Group … [Read more...] about Experts forecast real estate market for next year

Vice Chairman of the municipal People’s Committee Vo Van Hoan delivers the remark at the celebration ceremony of Singapore’s 57th National Day on August 15. (Photo: SGGP) Hoan delivered the remark at a ceremony to celebrate Singapore’s 57th National Day hosted by the Singaporean Consulate General in HCMC. Congratulating Singapore on its National Day, Hoan said he was impressed by its robust development over nearly six decades. Singapore is now one of the world’s most developed countries and a role model with a pioneering approach – “dare to dream, look ahead and seek new solutions and opportunities.” Built on the foundation of the flourishing relations between the two countries, HCMC-Singapore ties have produced good results, he said, noting that because of geographical proximity and cultural similarities, HCMC and Singapore boast great potential to supplement each other in various fields. According to the official, Singapore has been HCMC’s largest investor and second … [Read more...] about Singapore’s 57th National Day marked in HCMC

When Vu Ngoc Minh Ha and her husband leave home in Tay Ho District at 7 a.m. for work, they take their samoyed dog named Xe Dap (Bicycle) with them and drop him off at a doggy day care on nearby Dang Thai Mai Street. They pick him up on their way home in the evening. For the past three years Ha, 27, has been entrusting Xe Dap to the center from Monday to Friday every week. "We don't want to leave our dog at home alone because we are afraid he will be lonely without anyone to play with or destroy furniture," she says. While the monthly fee is high enough at VND4 million, the couple pay extra for him to be fed extra meals and given spa treatments and other services. They typically spend VND10-12 million (US$427-512.89) on the animal each month. Bicycle (white with a red scarf) plays with other dogs at a dog day care on Dang Thai Mai Street in Hanoi's Tay Ho district in early 2022. Photo courtesy of Ha Day care services for pets work similarly to children’s … [Read more...] about Hanoians happy to spend big bucks on pet day care

The new Omicron BA-2.75 sub-variant of Covid-19 has been detected in Vietnam. According to the Ministry of Health, the number of Covid-19 cases has been on the rise again in Vietnam with around 2,000 infections per day. The country has also seen the appearance of new sub-variants, including BA-2.75. A man is given Covid-19 testing in Vietnam Sub-variant BA-2.75 was discovered in many countries in early July. Experts warned that this variant has mutations that could affect people’s immune system and be easily transmissible. The Ministry of Health has instructed cities and provinces nationwide to closely supervise the pandemic and frequently update the number of infected cases. Localities have to provide timely treatment for patients to avoid the risk of more serious conditions or death. Many cities and provinces have been slow in rolling out Covid-19 vaccination. The Ministry of Health has urged them to speed up the process to ensure disease prevention and … [Read more...] about Omicron sub-variant BA-2.75 found in Vietnam

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Prime Minister Pham Minh Chinh suggested Qatar step up investment cooperation with Vietnam in infrastructure development, oil, renewable energy, green technology and digital transformation while hosting visiting Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani on August 15. Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani pays a courtesy call to Prime Minister Pham Minh Chinh on August 15. (Photo: VNA) PM Chinh highly spoke of the progress the two countries have made in their multifaceted partnership and active mutual support at multilateral forums. Congratulating Qatar on the signing of the instrument of accession to the Treaty of Amity and Cooperation (TAC) of ASEAN, the PM said Vietnam backs a close, effective and comprehensive cooperation between ASEAN and Qatar. Read full story - … [Read more...] about ☀️ Morning digest August 16

An overview of the conference. — VNA/VNS Photo More than 100 businesses and 43 investors of industrial clusters and nearly 20 commercial banks participated in a conference to connect local firms in Ha Noi with commercial banks and the Ha Noi Development Investment Fund (HANIF). The event, launched on August 15, was jointly held by the city's Department of Industry and Trade, the Ha Noi Branch of the State Bank of Vietnam, and the Ha Noi Association of Main Industrial Products (HAMI). Addressing the event, Tran Thi Lan Phuong, Acting Director of the Ha Noi Department of Industry and Trade, said that the conference aimed to provide a chance for banks and investment funds to introduce soft loans and support programmes to businesses, helping them overcome difficulties and develop. In order to launch infrastructure projects in industrial parks and clusters in the city, the Ha Noi Department of Industry and Trade suggested that businesses should coordinate closely with credit … [Read more...] about Ha Noi connects commercial banks with local businesses

Nguyen Thi Anh Hoa, Director of Ho Chi Minh City Department of Tourism, speaks at the press brief This year's fair with the theme ‘Standing Together, Going Up’ - Growing Forward Together, will take place from September 8 to 10 at the Saigon Exhibition and Convention Center in Ho Chi Minh City’s District 7. According to the Ho Chi Minh City Department of Tourism, the tourism sector will take full advantage of the golden time of tourism recovery, in addition to participation in international tourism fairs in other countries, Vietnam’s tourism will be introduced at big fairs and forums. ITE HCMC is one of the two largest annual international travel fairs in Vietnam and an important annual tourism fair in the lower Mekong region, playing a role as a bridge between domestic businesses and businesses. buyers as well as international visitors. Currently, 150 international participants from 18 countries and regions namely the US, Australia, UK, France, Germany, Italy, Russia, … [Read more...] about HCMC International Tourism Fair expected to attract 22,000 visitors

Illustrative image. (Photo: SGGP) In mid-August, preparation activities for the new school year contributed to an increase in the consumer price index (CPI) in the third quarter, helping to keep a strong and stable growth in the service and retail sales sectors of Ho Chi Minh City. The policy of not increasing hospital fees and tuitions until the end of 2022, even becoming a pioneer in supporting and implementing the proposal of the Ministry of Education and Training in exempting and reducing tuitions, is an important orientation. On the one hand, the city strives to achieve the key goal of stabilizing the CPI. On the other hand, it strengthens the price stabilization of goods for the new school year and essential items of the food and foodstuff group as a practical move to share the burden with people and parents. The total retail sales of consumer goods and services in the city in July increased by 1.4 percent compared to the previous month and 139.8 percent compared to the … [Read more...] about HCMC with upward, downward trends

Submitting the draft revised law, Minister of Industry and Trade Nguyen Hong Dien said the amendments aim to protect consumer rights, address shortcomings in the 2010 law, and help improve people’s quality of life and boost socio-economic development. He noted the draft, consisting of seven chapters with 80 articles, is based on the fundamental articles of the current law and conforms with the existing legal system as well as international treaties to which Vietnam is a party. Presenting a verification report, Le Quang Huy, Chairman of the N.A.’s Committee for Science, Technology and Environment, agreed on the need to revise the law, noting it is necessary to pay attention to growing new models of business and consumption, the protection of human rights under the Constitution 2013, coordination among authorities and the engagement of private parties in protecting consumers, along with rising violations of consumer rights. At the meeting, participants said after 12 years of … [Read more...] about N.A. Standing Committee discusses revisions to consumer protection law