Hanoi’s safety index is 62 on scale of 100 points. Statistics site Numbeo recently ranked Hanoi and Ho Chi Minh City (HCMC) fifth and 14th in the safety index among 20 cities in Southeast Asia, respectively. According to Numbeo's latest report, Hanoi's safety index is 62. The safety index of the southern Vietnamese metropolis was 47.4 points, as, according to the site, walking alone at night in HCMC "has a low level of safety". Numbeo is the world's largest database of user-contributed data on cities and countries around the world. It specializes in assessing the quality of life in the world's cities, including their safety rankings. The site calls itself the world's largest database on housing, crime, healthcare, traffic and cost of living in hundreds of cities. Foreign tourists on Hanoi’s street. Photo: Ho Ha/The Hanoi Times Numbeo defined safety as "safety walking alone in daylight" and "safety walking alone at night". It measured the level of … [Read more...] about Hanoi ranked 5th among safest cities in Southeast Asia
Satellite safe t fresh
Demand for housing in Hanoi forecast to rise in 2023
Despite the high demand for housing, the transaction volume stays low due to the high prices compared to people’s average income. The scarce supply of new projects remains a key factor keeping demand for housing high in Hanoi’s real estate market in 2023. Locals looking at a real estate project in Hanoi. Photo: Pham Hung/The Hanoi Times During the last months of 2022, transactions in the real estate market stayed in stark contrast to the previous boom period. Experts suggested that this was due to several laws regulating the market not being completed, coupled with a sharp decline in liquidity as a result of the government's direction to restrict credit flows in high-risk fields and tighter regulations on corporate bond issuance. The sharp drop in transaction volume and supply, coupled with the high demand for housing, means that prices continue to rise. Data from the Vietnam Association of Realtors (VARS) showed in the fourth quarter of 2022, Hanoi has … [Read more...] about Demand for housing in Hanoi forecast to rise in 2023
Vietnam: One of the safest countries in the world
Vietnam is considered to be one of the few safest countries in the world, according to the Global Terrorism Index 2017 report of the Australian Institute for Economic & Peace. The 2017 report highlights how terrorism remains unevenly spread throughout the world. Central America and the Caribbean continues to be the least affected region. There were only 12 deaths recorded in 2016, which accounts for less than 0.4 per cent of all terrorism deaths. Meanwhile, 94 per cent of all terrorist deaths are located in the Middle-East and North Africa, sub-Saharan Africa and South Asia. Vietnam is one of the safest countries in the world. The 2017 GTI report highlights a turning point in the fight against radical Islamist extremism. The main positive finding shows a global decline in the number of deaths from terrorist attacks to 25,673 people, which is a 22 per cent improvement from the peak in 2014. Terrorism has fallen significantly in the epicenters of … [Read more...] about Vietnam: One of the safest countries in the world
Driver faces charges after leaving motorcyclist for dead in central Vietnam
Nguyen Thi Hang, 31, a citizen of Yen Thanh District of Nghe An Province, is facing the charge of "not helping someone in a life-threatening situation" under the Penal Code, prosecutors said Tuesday. Police said at around 10 p.m. on October 2 last year, Hang stopped her five-seat car on National Highway 1A in Can Loc District of Ha Tinh Province, which neighbors Nghe An, and left the car to do some personal business. There were two others with her in the car. Nguyen Cong Phuong, 32, a resident of nearby Thua Thien-Hue Province, was driving a motorbike right behind the car, but could not stop in time and slammed into the back of Hang’s parked car. The collision caused Phuong injuries so severe that he could not move out of the street by himself. A frightened Hang decided to leave Phuong lying on the street and drove away. A truck then passed by the area and crushed him to death. Police and prosecutors said Phuong had made a mistake by failing to keep a safe distance between … [Read more...] about Driver faces charges after leaving motorcyclist for dead in central Vietnam
Ho Chi Minh City food enterprises hope expansion is key
In 2022, Ho Chi Minh City's industrial food production recorded a significant increase of 30.5 per cent on-year. However, the industry is facing many fresh challenges this year due to fluctuations in the global economy affecting export markets and a slowdown in economic growth. Phan Van Co, marketing director of Vrice Group, said, "Since the beginning of the year, the cost of materials for rice production has increased considerably, by 3-5 per cent. While the price of rice has increased in many countries around the world, it has not increased as it has in the Vietnamese market, making it difficult for Vietnamese rice exporters to compete." In 2023, industry and trade in Ho Chi Minh City will strive for an increase in the index of industrial production of 7.5 per cent; growth in the total retail sales of social consumer goods of 12 per cent; and a 10 per cent jump in exports, excluding crude oil, through the city's port. The targets were set while taking such difficulties as the … [Read more...] about Ho Chi Minh City food enterprises hope expansion is key
First Spring 2023 trading session of stock market opens
The Ho Chi Minh City Stock Exchange (HOSE) hosted a gong-beating ceremony on January 31, marking the first trading session of the Vietnamese stock market in Spring 2023. In her opening speech, Vu Thi Chan Phuong, chairwoman of the State Securities Commission (SSC), emphasised that 2022 marked a challenging year for the Vietnamese economy due to a range of internal and external factors. However, the national economy was able to record a series of impressive results, with GDP growth rate increasing by 8.02% and inflation kept in check, she said. Moving into 2023, she said the global economic and political landscape is anticipated to record plenty of complicated and unpredictable developments, and in such a context the securities sector will continue to fine-tune the legal framework and formulate policies in line with the actual development of the stock market. Phuong underlined the necessity of accelerating restructuring and swiftly putting the stock trading system … [Read more...] about First Spring 2023 trading session of stock market opens
Party chief chairs meeting reviewing organisation of Tet celebrations
At the meeting (Photo: VNA) Hanoi (VNA) – Party General Secretary Nguyen Phu Trong on January 31 chaired a meeting of the Party Central Committee’s Secretariat to review the organisation of Tet ( Lunar New Year ) celebrations and look into major tasks in the time ahead. The leader lauded Party Committees and administrations at all levels for their serious implementation of directives issued by the Secretariat and the Prime Minister regarding the organisation of Tet, the biggest and longest festival in Vietnam. Regarding the tasks in the coming time, he stressed the need to continue with the forecasting work to take response measures, and asked each agency and locality to map out specific plans for 2023 in order to fulfill targets set for the year. The Secretariat will direct agencies and localities to resume operations following the holiday, and effectively materialise the Politburo’s Conclusion No. 46-KL/TW on the macro-economic situation and key tasks and solutions for … [Read more...] about Party chief chairs meeting reviewing organisation of Tet celebrations
Party chief chairs meeting reviewing organization of Tet celebrations
The leader lauded party committees and administrations at all levels for their serious implementation of directives issued by the Secretariat and the Prime Minister regarding the organization of Tet, the biggest and longest festival in Vietnam. Regarding the tasks in the coming time, he stressed the need to continue with the forecasting work to take response measures, and asked each agency and locality to map out specific plans for 2023 in order to fulfill targets set for the year. The Secretariat will direct agencies and localities to resume operations following the holiday, and effectively materialize the Politburo’s Conclusion No.46-KL/TW on the macro-economic situation and key tasks and solutions for the coming time, the Party chief noted. He also asked ministries, agencies and localities to focus on industrial production, construction and agricultural development, and provide more support for sectors affected by the COVID-19 pandemic like logistics, aviation, tourism, … [Read more...] about Party chief chairs meeting reviewing organization of Tet celebrations