Decreasing demand for apartments in the region is also forecast to continue through at least the middle of the year. But it may begin to gradually rise by the last quarter of 2023 as legal bottlenecks and obstacles to credit are slated to be at least partially removed by the government, according to DKRA real estate consultants. DKRA Vietnam deputy R&D director Vo Hong Thang said apartment market liquidity, this year, would concentrate in affordable housing projects with prices of below VND50 million ($2,118) per square meter in HCMC and less than VND35 million per square meter in Binh Duong. Such social housing projects promise to be a ray of light in the otherwise gloomy 2023 market, he said, while adding the caveat that supply would still be limited. According to Thang, businesses are gradually supplying fewer high-priced homes and more affordable apartments and social housing units this year. He said this trend may last until 2025, with new supply focusing on the city’s … [Read more...] about Apartment market to continue slumping this year
Second home tax proposal stirs debate vnexpress international
Vietnam attends fifth International Conference For World Balance
Themed “With all and for the good of all,” the event was one of the activities honoring Cuban national hero José Martí on the occasion of his 170th birth anniversary (January 28), with over 1,100 delegates from 87 countries globally taking part. This world forum of plural and multidisciplinary thought is convened by the José Martí Project for World Solidarity every three years, enabling hundreds of professors, social activists and intellectuals in general, from all latitudes of the planet, to reflect on the main contemporary problems. As the first guest to address the opening ceremony, Tuan underlined that together with the people across the globe, the Vietnamese people always aspire to live in a world of peace, democracy with the long-term goal of wealthy people, strong country and a democratic, fair and civilized society. In order to build a better world, the Vietnamese delegation suggested further strengthening the role of the legislature and lawmakers in fine-tuning laws; … [Read more...] about Vietnam attends fifth International Conference For World Balance
Problems must be settled for Long Thanh airport construction: PM
PM Pham Minh Chinh inspects progress of the project (Photo: VNA) Dong Nai (VNA) – Prime Minister Pham Minh Chinh on January 29 asked the southern province of Dong Nai to complete the handover of cleared ground for the first-stage construction of Long Thanh international airport by the end of this first quarter. During a working session with ministries, agencies, localities and stakeholders of the project after making a fact-finding trip earlier the same day to the construction site, he assigned them to responsibility for the work under their watch and solve existing issues. The Government has directed the establishment of a working group led by Deputy Prime Minister Tran Hong Ha to oversee and speed up the project, PM Chinh revealed. At the construction site, he asked ministries, agencies, localities and investor to hasten the implementation of the project, with quality guaranteed. Covering a total area of more than 5,580 hectares, the Long Thanh international … [Read more...] about Problems must be settled for Long Thanh airport construction: PM
Events promoting Vietnamese literature, poetry conclude
A performance at the opening ceremony of the 4th International Conference Promoting Vietnamese Literature and the 3rd International Poetry Festival in Hanoi on February 16 (Photo: VNA) Hanoi (VNA) – The 4th International Conference Promoting Vietnamese Literature and the 3rd International Poetry Festival wrapped up in Hanoi on February 20. Poet Huu Thinh, Chairman of the Vietnam Union of Literature and Arts Associations and the Vietnam Writers’ Association, said workshops and discussions during the events created chances for participants to share their views on the necessity to seek more solutions to introducing outstanding works of the country to the world. They also pointed to problems that need to be addressed, including the language difference and the modest updating of international friends on Vietnam’s literature development. He thanked foreign guests for contributing to the success of the international conference and festival, noting that these events … [Read more...] about Events promoting Vietnamese literature, poetry conclude
Foreign investors remain confident about Vietnam’s business environment
Foreign investors poured nearly US$1.7 billion into Vietnam as of January 20. In the first month of 2023, newly-registered capital is estimated to have increased 3.1 times over the same period last year, showing that foreign investors still maintain confidence in Vietnam's investment environment. Hanoi ranks among the top localities in foreign direct investment (FDI) in 2022. Photo: Thang Long Industrial Park The Foreign Investment Agency under the Ministry of Planning and Investment reported that there were 801 newly-registered projects totaling $1.2 billion and 89 projects increasing capital with a combined amount of $306.3 million. In addition, 204 transactions of share purchases by foreign investors were worth $174 million, representing a year-on-year decline of 60.7%. Meanwhile, the disbursement of foreign investments dropped by 16.3% to $1.35 billion. The agency attributed the decrease in registered and disbursed FDI to the national holiday (the … [Read more...] about Foreign investors remain confident about Vietnam’s business environment
Neu pole lowering, seal opening ceremony celebrates new year
According to Director of the Hue Relics Preservation Center Hoang Viet Trung, under the Nguyen Dynasty, the rituals marked the end of the lunar New Year holiday and the start of work and normal activities. The Neu pole was erected on the 23rd day of the 12th lunar month, marking the beginning of Tet. It coincides with the day when the Kitchen Gods are believed to ride a carp to Heaven to report on events from the past year. During 143 years of its reign (1802 – 1945), the Nguyen Dynasty held an annual ceremony to plant the Neu at the Imperial Citadel. The pole carried ritual items on its top, like a royal seal, a paper scroll and pen, which implied that the royal court stopped working during Tet. After the royal ceremony, ordinary people would erect their own Neu and start celebrating Tet. The Neu was intended to ward off ghosts and demons from entering the community during Tet, and guide the spirits of ancestors on the way home for the lunar New Year festival. The custom is also … [Read more...] about Neu pole lowering, seal opening ceremony celebrates new year
Cultural diplomacy raises Vietnam’s position worldwide
In an interview granted to the Vietnam News Agency, the official noted that Vietnam has focused on including the cultural content into the activities of high-ranking leaders during their overseas trips and the country’s reception of foreign leaders; and on promoting deep and wide integration in the fields of culture, science and education at international forums. According to him, Vietnam hosted significant regional and international conferences and events last year, including the 31st SEA Games and the Vietnam day program in the Republic of Korea, Austria and India. The country was elected to the Intergovernmental Committee of the UNESCO Convention for the Safeguarding of Intangible Cultural Heritage for the 2022-2026 term with the highest number of votes. The first official visit to Vietnam by UNESCO Director-General Audrey Azoulay was a highlight, putting the country, its culture and people on the radar of international media, Ngoc said. The guest said she was impressed by … [Read more...] about Cultural diplomacy raises Vietnam’s position worldwide
Champion to defend WBA belt in hometown next month
"After many days of waiting, the date is finalized. I will have my first pro match in my hometown, the land that fed me and saw my growing up," he wrote on his Facebook page. "I will try my best to give boxing lovers and my home a beautiful match. See you at Buon Ma Thuot city on February 26." Hoang, 32, has a perfect professional record after three pro bouts. He became Vietnam's first WBA Asia East Super Middleweight champion after defeating Korean rival Lee Gyu-hyun in 2019. On February 2, 2020, he knocked out Yuttana Wongda of Thailand to lift the WBA Asia belt. In his most recent outing, Hoang floored Indonesian Robert Kopa in the 'LEAD: The Beginning' event last October. Last month, he cruised to a gold medal at the ninth National Sports Games, which he declared his last amateur boxing competition. Source: VNA … [Read more...] about Champion to defend WBA belt in hometown next month
Ailing woman seeks help for children facing leukaemia
An ailing woman in the northern province of Bac Giang is calling for community support to save her two children who are both struggling with leukaemia. Ngo Thi Nga, 32, from Lang Giang District’s Tien Luc Commune has been living with thyroid cancer. However, she has suspended her treatment for many months due to the family’s financial difficulties. According to Nga, in 2014, her eldest daughter Nguyen Thuy Ngan faced consecutive high fevers. After being taken to a hospital in Hanoi, she was diagnosed with leukaemia. Nga and her children Ngan fainted in her class several times and then had to suspend her studies for treatment. In 2016, her second child Nguyen Trong Khanh, three years old, faced the same symptoms as Ngan and was also diagnosed with leukaemia. Nga burst into tears after receiving the news from doctors. After giving birth to the third child Nguyen Trong Khoi in 2020, Nga felt tired and had fevers. Doctors said that she had developed thyroid … [Read more...] about Ailing woman seeks help for children facing leukaemia
What’s on January 30-February 5/2023
EXHIBITION HCMC-Exhibition ‘No more, not yet’ Opening: Feb 3, 06:30 pm EMASI Nam Long, 147 Street No.8, Nam Long Residential area, D7, Display: Feb – June, Wed & Fri, 10 am – 04 pm EMASI Nam Long (D.7) Tues & Thurs, 10 am – 04 pm EMASI Vạn Phúc (D.Thủ Đức) *and every last Saturday of the month From the organizer: Nguyen Art Foundation (NAF) proudly invites you to the opening of ‘No more, not yet’, an exhibition that looks back on Nguyen Thi Thanh Mai’s shapeshifting artistic practice in all its multiplicity. Winner of the Artist Excellence Award (inaugural edition, initiated by The Factory Contemporary Arts Centre and managed by in-tangible institute), her work is presented here alongside nearly 20 artists whom she calls her colleagues and friends. The exhibition will be on display from February to June 2023 across the campuses of EMASI Nam Long and EMASI Van Phuc. Hanoi-Exhibition “This is not A Dream” Exhibition: Until Mar … [Read more...] about What’s on January 30-February 5/2023