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A social housing project in Ha Noi's Me Linh District. Photo laodong.vn The State Bank of Vietnam (SBV) has proposed that commercial banks not be allowed to provide preferential loans to low-income people seeking to purchase, lease and lease-purchase social houses. The proposal is part of draft amendments to the central bank’s Circular No. 25/2015 on instructions for concessional loans for social housing. Specifically, people who want to purchase, lease or lease-purchase will only be able to borrow money at low-interest rates from the Vietnam Bank for Social Policies (VBSP). The rationality for the amendment, according to the central bank, is to make it suitable to the current Housing Law 2014, which stipulates that the VBSP is the only source of funds for social housing seekers. Currently, some commercial banks are designated by the SBV to provide preferential loans for social housing buyers, including Joint Stock Commercial Bank for Foreign Trade of Vietnam … [Read more...] about State Bank of Vietnam draft regulations on social housing lending cause controversy.

Hanoi authority is very determined to speed up the formulation and approval of the (Hong) Red River urban subdivision planning. The Hong (Red) River urban subdivision planning, once approved and made public, will become one of the strong motivations for attracting investment, moving towards the formation of a modern and sustainable urban chain, so that the city will be soon named in the list of the most livable riverside cities in the region and in the world, local experts have said. An overview of the real estate online forum. Photos: diendandoanhnghiep.vn At the online real estate forum themed “New attraction from the urban areas along the Red River” on September 23, Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), said that Hanoi, with its most important geo-economic and geopolitical position, leads the country's real estate market and is expected to receive  huge investment from large enterprises domestically and … [Read more...] about Materializing Red River subdivision planning to attract investment

Speaking at the working session with Thu Duc City , Secretary of the HCMC Party Committee Nguyen Van Nen highly appreciated Thu Duc City’s efforts and outstanding achievements in the pandemic prevention and control activities, contributing to helping HCMC get one more locality, where the Covid-19 pandemic is basically under control in accordance with criteria issued by the Ministry of Health. Secretary of the HCMC Party Committee Nguyen Van Nen makes a statement at the working sessions with Thu Duc City to review the implementation of the social distancing order He agreed with Thu Duc’s reopening plan and noted the building of methodical healthcare strategy for the new normal state. The social security strategy must focus on creating jobs and reasonable accommodations for workers, checking substandard rental housing and slums that do not comply with the living conditions, and calling for investment in social housing projects. “On this occasion, we should rearrange … [Read more...] about HCMC: Covid-19 pandemic basically under control in Thu Duc City, districts

According to Senior Colonel Tran Cong Thanh, Deputy Commanding Officer of Da Nang city’s Border Guard Command, there were 1,227 fishing boats anchored onshore, while 15 others with 112 workers were operating at sea, of which six were reported to be in danger areas. In this situation, local border guards directed the trawlers to quickly move to shore or get out of the danger areas. Currently, the six are on their way to shore. A ban on disembarkation was also implemented. Meanwhile, Da Nang city currently has 25 oil tankers, 40 cargo ships, and 23 cruise ships anchored in Da Nang and Man Quang bays and on the Han and Co Co rivers. Da Nang city’s Border Guard Command has planned to move 20 oil tankers out of Tho Quang lock to avoid fire and explosion, at the same time, move fishing boats and cruise ships on the Han River to the upstream. The border troops are also helping Da Nang people bring boats ashore and upgrade houses to brace for the storm. In Binh Dinh province, on … [Read more...] about Border guards brace for Dianmu storm

Hanoi's strategy of quickly isolating areas where positive cases were found and carrying out testing campaigns at "lightening speed" helped prevent the spread of the virus. In July, Hanoi imposed social distancing under Prime Minister Directive 16 amid the complicated developments of the fourth outbreak. It closed service establishments, except traditional markets, supermarkets and medical units, and suspended passenger road and waterway transport. Hanoi has been consistently preventing, discovering, isolating, and giving intensive treatment. Isolation On February 4, 2021, Hanoi discovered Patient 1956 at Sky City apartment building in Dong Da district and immediately isolated the building. The workers there and those who entered the building were asked to make medical declarations. Those who live in the building were told to stay in their homes. On February 4, all residents of B Block of the apartment building were sampled for SARS-CoV-2 testing. The sampling and … [Read more...] about Hanoi isolation and vaccination strategy helped curb spread of Covid-19

Phai Ve Flagpole, Chi Lang Pass, the Mac Dynasty Citadel, To Thi Mountain, and the Tam Thanh Grotto are some popular places to visit in the northern mountainous province of Lang Son. Phai Ve Flagpole is an attractive place to visit in Lang Son Province. (Photo: toquoc.vn) Phai Ve Flagpole Located on the top of Phai Ve Mountain in Vinh Trai Ward, Lang Son City, the 80m-tall Phai Ve Flagpole has been recognised as a national historical relic. Phai Ve Mountain once served as a shelter for Vietnamese soldiers during the country’s two resistance wars against France and the US. The mountain also features Phai Ve 1 and Phai Ve 2 caves, two important archaeological sites dating back 10,000 years. Chi Lang Pass Chi Lang Pass is a famous historical site which witnessed many glorious feats of arms of the Vietnamese against foreign invaders. Stretching over 20km from Chi Lang Town to Mai Sao Commune in Chi Lang District, the pass is surrounded by rugged mountains … [Read more...] about Attractive places to visit in Lang Son Province