Mekong delta tour ho chi minh

Former trade minister to be prosecuted for State asset misuse The Ministry of Public Security has decided to prosecute former Minister of Industry and Trade Vu Huy Hoang on charges of violating regulations over the management and use of State assets, … [Read more...] about Former deputy minister Ho Thi Kim Thoa wanted for state assets mismanagement

The Ministry of Transport has just requested project management boards and departments of transport in some provinces and cities such as Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Thua Thien - Hue, Quang Ngai, Kon Tum, Dak Nong and Long An, etc to strictly implement the projects' warranty and procedures to confirm the expired-warranty.  According to the Ministry of Transport, the project had been implemented in the period of 2013-2015 and after that it was put into exploitation.  However, some projects have seen warranty period expire but have not completed the procedures to confirm the warranty expiration and handover to the road project management units.    The Ministry of Transport also required investors and project management units to direct contractors to fully repair the damaged roads, ensure technical requirements and structural safety, with the focus on overcoming the damaged, subsided road surfaces to ensure traffic safety. It is important that investors … [Read more...] about Projects to expand highways not handed over despite expired warranty

Hanoi (VNA) – Vietnam’s two major cities, Hanoi and Ho Chi Minh City, have contributed to the country’s higher rank in the 2020 Global Real Estate Transparency Index (GRETI). Steady advances of the two metropolises have helped Vietnam reach the 56th place in this year’s ranking released by market researcher Jones Lang LaSalle (JLL). The country has become a “semi-transparent” real estate market for the first time. It is also named among top global improvers, alongside regional peers – Thailand, the Philippines and Indonesia. Over the past 10 years, Vietnam has become a top destination for manufacturing in Southeast Asia and attracted significant foreign investment, said Stephen Wyatt, Country Head of JLL Vietnam. “Vietnam will need to continue improving rising up the rankings if it wants to attract more foreign investment.” Following on from steady advances over the last two surveys, Ho Chi Minh City has made further progress on … [Read more...] about Vietnam rises in JLL’s global real estate transparency index

Since two runways at Noi Bai and Tan Son Nhat International Airports were shut down for an upgrade on July 1, flight delays and cancelations have become more frequent and serious, affecting the quality of the transportation services, the CAAV stated. … [Read more...] about Vietnamese aviation authority tightens management to mitigate flight delay, cancelation

Nam Long has reserved around VND2 trillion ($86.9 million) a year to acquire land. “We are concentrating on land expansion and mobilised all capital sources for the purpose. We are seizing the opportunity as many other developers are restructuring their investment portfolios and are being forced to sell properties,” Quang said. … [Read more...] about Local investors hurry to acquire real estate land