The movement direction of storm Chaba. (Photo: VNA) The dispatch noted that Chaba, the first tropical storm to hit the East Sea this year, is predicted to gain more strength and cause torrential rains in the northern region between July 2-7. Coastal areas of the provinces from Quang Ninh to Ninh Binh are likely to have high waves combined with high tides, affecting the sea dyke system and causing flooding in low-lying areas. To cope with this storm, the PM asked ministries, sectors, and related localities to continue calling on vessels at sea to move out of dangerous areas and take shelter while ensuring safety for people and vehicles involved in aquaculture, fishing, and other activities at sea. Localities must have plans to evacuate people living in high-risk areas of flash floods and landslides, he said. They are ordered to ensure the safety of reservoirs, especially small hydroelectric reservoirs, key irrigation reservoirs for flood discharge, and arrange forces for … [Read more...] about PM demands urgent actions in response to powerful storm Chaba
Long term canada weather forecast
National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit
National Assembly Chairman Vuong Dinh Hue holds talk with the Prudential management led by chairwoman Shriti Vadera, Interim Group CEO Mark FitzPatrick and Prudential Vietnam CEO Phuong Tien Minh, during his visit to the UK. — VNA/VNS Photos Doan Tan Photos Doan Tan Prudential plc executives called on National Assembly Chairman Vuong Dinh Hue and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese Government’s priorities and the role of insurers in increasing financial inclusion in the country. This meeting was aimed at strengthening relationships and underlining Prudential’s commitment to Viet Nam. After the two-year-long COVID-19 pandemic, Prudential is focusing on building a resilient business to best serve its customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening … [Read more...] about National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit
Ha Noi market sees strong development in premium offices
Capital Place, a Grade A office building (left) in Ha Noi. Office real estate market will receive more Grade A office building projects due to increasing demand. — Photo baodautu.vn Office real estate is thriving, with new Grade A buildings entering the Ha Noi market at the end of the year, according to Savills Vietnam. By the end of 2022, six new projects are expected. The only Grade A building will be Techcombank Tower in Quang Trung street. This project follows the opening of another international Grade A building, Capital Place. “Tenants can pick from a variety of new high-quality Grade A properties entering soon, mostly in Hoan Kiem, Ba Dinh and Tay Ho districts. New properties will compete with existing buildings in terms of quality, services and pricing," Minh said. "Ha Noi’s office supply is lower than regional peers like Singapore or Bangkok. However, the rents are lower, the quality is high, and there is great potential for economic growth. These factors mean that … [Read more...] about Ha Noi market sees strong development in premium offices
Ho Chi Minh City proposes construction of $6bn int’l transshipment port
Authorities in Ho Chi Minh City have proposed the construction of a US$6 billion international transshipment port in outlying Can Gio District. The proposal was made by chairman of the municipal People’s Committee Phan Van Mai in his document sent to Prime Minister Pham Minh Chinh on Thursday. The investment into the port was originally suggested by MSC Group – the world's largest shipping group, Vietnam Maritime Corporation, and Saigon Port. The project is expected to have about 7.2 kilometers of wharves and cost approximately $6 billion. The port will be able to receive the world's largest container ship, which can carry 24,000 twenty-foot equivalent unit (TEU) containers, while its capacity will be around 10-15 million TEUs. The implementation of the project will be divided into seven phases, with the developers hoping that the first phase will be initiated in 2024 and put into operation in 2027. The final phase is expected to be put to use in 2040. The existing Can … [Read more...] about Ho Chi Minh City proposes construction of $6bn int’l transshipment port
JICA ramps up private sector’s engagement in climate actions in Vietnam
Following the rising global momentum for implementation of Nationally Determined Contributions (NDC) and domestic policy direction towards carbon neutrality by 2050, the seminar gathered key policy makers from relevant ministries, leaders of business associations, key CEOs, managers and representatives from both foreign and domestic enterprises based in Vietnam. More than 100 participants engaged in a vigorous discussion on the private sector’s role in realizing the national climate change targets of Vietnam, including NDC by 2030 and the long-term carbon neutrality direction by 2050. The seminar provided a valuable opportunity for MONRE to inform development partners and business sectors the most recent policy update, direction and regulatory requirements for implementing mitigation including NDC in Vietnam. JICA’s technical cooperation project on “Support for Planning and Implementation of the Nationally Determined Contributions in Vietnam (SPI-NDC)” also shared with the … [Read more...] about JICA ramps up private sector’s engagement in climate actions in Vietnam
Storm Chaba predicted to cause torrential rain in the north until next Thursday
Chaba, the first tropical storm to hit the East Sea this year, is predicted to gain more strength and cause torrential rain in the northern region between Saturday and Thursday. Localities in affected areas are urgently preparing for the adverse weather conditions. The National Centre for Hydro-meteorological Forecasting warned that heavy rain will hit the northeast region with rainfall from 40-90mm on Friday night. Rainfall is predicted to be 100-200mm in the northern region and up to 150-300mm in the northeast region on Sunday and Monday. The heavy rain will last until Thursday, the centre said. Data from the National Centre for Hydro-meteorological Forecasting shows that by 10am on Saturday, the eye of the typhoon will be on the east coast of China’s Leizhou Peninsula, about 310km south-southeast of Quảng Ninh Province. The strongest winds near the eye of the storm are forecast up to 133km per hour. The typhoon is moving northwest at 15km per hour, the centre said. Due … [Read more...] about Storm Chaba predicted to cause torrential rain in the north until next Thursday