Van ho

The remaining top 10 markets in the category are: Columbus, Santiago, Johannesburg, Atlanta, Nashville, Phoenix, Austin, Denver, and Chicago, according to a report released by Cushman & Wakefield Vietnam on February 2. The annual report, now in its fourth year, ranks major data centre markets around the world according to 13 weighted categories including market size, connectivity, power cost and environmental risk to determine the top overall markets in each category. According to the latest Q4 2022 Ho Chi Minh City marketbeat report, the average rental price reached $159 per sq.m per lease cycle, up 3 per cent on the quarter and 10 per cent on-year. Vietnam is a frontier data centre market Vietnam may be a frontier data centre market, but it has numerous fundamentals that would suggest great potential for development. The country currently has 70 per cent internet penetration, with an estimated 29 million people yet to get online. Over 48 per cent of Vietnam’s … [Read more...] about Ho Chi Minh City among top markets for data centre development

HDBank has achieved 105 per cent of the 2022 targets approved by shareholders. The bank hopes to maintain its high growth momentum with an average rate of more than 25 per cent in the next five years. — Photo courtesy of the bank The Ho Chi Minh City Development Joint Stock Commercial Bank has announced its results for 2022, which show it exceeded all its targets and achieved high growth. Its profit before tax was VND10.27 trillion (US$435.8 million), up 27.2 per cent from 2021 and 105 per cent of the target approved by sharehoders. Its net fee income grew dramatically, while its prudential and profitability ratios were among the best in the industry. The total operating income topped VND5.87 trillion ($249.1 million) for the fourth quarter and VND21.97 trillion ($933 million) for the entire year, a year-on-year increase of 26.8 per cent and 31.1 per cent. The net interest income grew by 29.7 per cent and the net fee income by 53.4 per cent. Operating expenses and credit … [Read more...] about HDBank profits top $436m in 2022, 105 per cent of target

Vietnamese Ambassador to Germany Vu Quang Minh holds a board saying the name of the new born elephant at Germany's Leipzig Zoo. (Photo: VNA) Berlin (VNA) – An elephant named Voi Nam whose parents were born in Vietnam and gifted to Germany’s Leipzig Zoo in 1984 and 1985 by Ho Chi Minh City's authority has welcomed its second baby elephant in the zoo on December 20, 2022. A ceremony to name the new born elephant was held on February 2 with the name “Bao Ngoc” (valuable gem) was chosen. Vietnamese Ambassador to  Germany Vu Quang Minh said that the baby elephant is an icon of the Vietnam-Germany friendship. Elephant Voi Nam was born in 2002, marking a big event for the Leipzig Zoo as the zoo’s elephant herb had a new member after 66 years. Voi Nam and female elephants which are all from Asian countries last year gave births to two elephants and are expected to welcome two others in the next few weeks. Thomas Guenther, director in charge of Asian species at the zoo, said that … [Read more...] about Baby elephant Bao Ngoc – an icon of Vietnam-Germany friendship

The article wrote that since he was young, witnessing Vietnam being oppressed, poor and hungry, Nguyen Tat Thanh (President Ho Chi Minh) nurtured an aspiration to find a way to save his country and bring independence to the Vietnamese people. After a 30-year journey abroad searching for national salvation with revolutionary activities in 28 countries globally, he always held a strong belief and aspiration for national independence. In 1941, he returned to the country and directly led the Vietnamese revolution. From 1941 to 1945, he led the Vietnamese people through myriad difficulties to the great victory of the August Revolution in 1945. After the Democratic Republic of Vietnam was established, President Ho Chi Minh wished to make the country wealthy, bring freedom, well-being and happiness to the people, it stressed. In his Testament, President Ho Chi Minh expressed his final wish that “the entire Vietnamese Party and people stay united and build a peaceful, unified, … [Read more...] about Lao newspaper praises growth of Communist Party of Vietnam

The following is the full text of the interview. Reporter: This year marks the 50th anniversary of diplomatic relations and 10th anniversary of strategic partnership between Singapore and Vietnam. How do you evaluate the Singapore-Vietnam relations in the past half century, especially in the last decade? What should the two countries do to further our bilateral cooperation and to advance the development of each country? Vivian Balakrishnan: The ties between Singapore and Vietnam have grown from strength to strength since we established diplomatic relations 50 years ago. We are longstanding friends and close partners that enjoy wide-ranging cooperation in many areas, both bilaterally and at multilateral fora. I am heartened that the bilateral relationship has continued to expand and evolve to tackle new challenges over the past decade. Our linkages are particularly strong in trade and investment. The 12 Vietnam-Singapore Industrial Parks (VSIPs) across Northern, Central, … [Read more...] about Prime Minister Pham Minh Chinh’s visit to enhance Singapore-Vietnam relations: Singaporean Foreign Minister

It will be Pham Minh Chinh's first visits to the two countries in his new position, and the first to Singapore after five years and to Brunei after 15 years by a  head of the Vietnamese Government, with a view to strengthening bilateral ties with the two nations. This year, Vietnam and Singapore will celebrate the 50th anniversary of bilateral diplomatic ties and the 10th anniversary of bilateral comprehensive partnership. Meanwhile, Vietnam and Brunei marked the 30th anniversary of their diplomatic ties last year. Singapore is now Vietnam’s top important economic partner in the region, with two-way trade nearing 9 billion USD last year, up 10.1% annually. The island state leads ASEAN and ranks second among the 141 countries and territories investing in Vietnam with 3,032 valid projects worth 70.39 billion USD. At present, 12 Vietnam-Singapore Industrial Parks in nine Vietnamese cities and provinces have an occupancy rate of around 83.2%, attracting 17.6 billion USD for some 900 … [Read more...] about Prime Minister’s upcoming visits to Singapore, Brunei to consolidate ties

The event will be jointly organized by the National Traffic Safety Committee, the Transport Newspaper, the People’s Committee of Sa Thay district and sponsored by Truong Hai Auto Corp (THACO). THACO Marathon is an activity within the “Traffic Safety Year 2023” and to mark the 110th founding anniversary of Kon Tum province (February 9, 1913 – 2023). The event is expected to attract the participation of 1,000 athletes competing in 5km, 10km, 21km, and 42km categories. Proceeds from the event will be handed to the Fund for Traffic Safety. Apart from strengthening sporting movement, THACO Marathon aims to spread the message, “Traffic safety – Happiness for all families,” to participants. Notably, in this year's tournament, athletes will run on the marching route of troops of the Vietnam People's Army in the historic 1972 Spring-Summer campaign in Sa Thay district, Kon Tum province to feel the spirit of the Uncle Ho’s soldiers. In particular, the 42km category will take … [Read more...] about THACO Marathon to bring athletes through historical places

Hanoi (VNS/VNA) - Vietnam will send its four best athletes to compete for medals at the Asian Indoor Athletics Championships 2023 in Kazakhstan later this week. It is the first continental tournament in which Vietnamese competitors will participate after three years of the pandemic. All four have performed impressively in recent tournaments, including the 31st SEA Games and the ninth National Sports Games (NSG) in 2022. Multi-time SEA Games winner Nguyen Thi Huyen will compete in the women's 400m event. Huyen successfully defended her 400m and 4x400m titles at the regional sports event in May in Hanoi. Seven months later, her domination continued at the NSG in the capital city, setting her seasonal best of 53.37sec. The SEA Games record breaker Nguyen Thi Oanh will participate in the women's 1,500m and 3,000m events. While the 3,000m steeplechase is usually her preferred event, the 3,000m is held instead in the indoor tournament. Oanh had a … [Read more...] about Four athletes to represent Vietnam at Asian indoor tournament

PM Pham Minh Chinh (R) receives President of Singapore Halimah Yacob in October 2022 (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh and his spouse will pay official visits to Singapore and Brunei from February 8-11 at the invitation of Singaporean PM Lee Hsien Loong and Sultan of Brunei Hasanal Bolkiah. It will be Chinh's first visits to the two countries in his new position, and the first to Singapore after five years and to Brunei after 15 years by a head of the Vietnamese Government, with a view to strengthening bilateral ties with the two nations. This year, Vietnam and Singapore will celebrate the 50th anniversary of bilateral diplomatic ties and the 10th anniversary of bilateral comprehensive partnership. Meanwhile, Vietnam and Brunei marked the 30th anniversary of their diplomatic ties last year. Singapore is now Vietnam’s top important economic partner in the region, with two-way trade nearing 9 billion USD last year, up 10.1% annually. The island … [Read more...] about PM’s upcoming visits to Singapore, Brunei to consolidate ties

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency. - National Assembly (NA) Chairman Vuong Dinh Hue asked agencies of the NA and its Standing Committee to keep a close watch on the macro-economic situation, as well as financial, monetary, stock and real property markets, while meeting their standing members on February 7. For urgent issues, NA agencies should actively and promptly work with relevant ministers and heads of ministry-level agencies to seek solutions, instead of waiting for question and answer (Q&A) sessions held by the legislative body and its Standing Committee. Read full story - The coming visit to Singapore by Vietnamese Prime Minister Pham Minh Chinh will be a key platform for both countries to reaffirm their excellent ties, said Singaporean Foreign Minister Vivian Balakrishnan in his written interview with the Vietnam News Agency. Read full story - Prime Minister Pham Minh Chinh’s upcoming … [Read more...] about ☕ Afternoon briefing on February 7