Ilustrative image (Photo: VNA) Hanoi (VNS/VNA) - The real estate market of Vietnam showed signs of recovery and more balanced development in the second quarter of this year with increases in the number of successful transactions of apartments, houses and land, according to the report of the Ministry of Construction. The absorption rates were high in most product segments while there were no new inventories, and the vacancy rate of office and commercial space for rent gradually decreased. The ministry said there were almost no affordable apartments with prices from 25 million VND to 30 million VND per sq.m at commercial housing projects in central areas. Apartments at these prices were only available in a few projects in areas away from the city centres. Some projects at this price range were xpHomes in Dan Phuong district, Gemek Premium in Hoai Duc, Xuan Mai Complex in Ha Dong, Hanoi; Dream Home Riverside in District 8, Ehome S in District 9, HCM City; and FPT City Da … [Read more...] about Real estate market is gaining balance: ministry
Monsanto attempts to balance stakeholder interests summary
People interested in taking cruise through Saigon by river bus
Young people are interested in taking a cruise through Saigon by waterbus Although it is a weekday, at 8:30 a.m., passengers including domestic tourists to foreigners gathered at the waiting hall at Bach Dang wharf in District 1 to take the river bus route No. 1. They were excited to travel by waterbus. The journey of a river bus departed from Bach Dang wharf on the Saigon River in District 1 through Thanh Da canal to Saigon River in Binh Thanh District and to Linh Dong wharf in Thu Duc City. Sitting in the boat compartment, the surrounding scenery is worth experiencing compared to taking other public transport on the road. On the far shore is the city's expanded commercial area, then the Thu Thiem 2 bridge across the Saigon River - a new symbol of Ho Chi Minh City chosen by many young people as a check-in point every weekend and Landmark 81 skyscraper - the tallest building in Vietnam. When the massive riverside mansions are out of sight, the route will cut through the Thanh … [Read more...] about People interested in taking cruise through Saigon by river bus
PM urges favorable environment for businesses
A strong business community will build an independent and highly resilient economy. Localities are expected to further create a favorable environment for business operation, especially in simplifying administrative formalities and avoiding petty corruption. Prime Minister Pham Minh Chinh at the conference. Photos: Nhat Bac Prime Minister Pham Minh Chinh stressed the view during a conference between the Government’s leader and business community on August 11, which drew the participation of 1,200 delegates from a business association and local companies. According to Chinh, more than two years since the outbreak of the Covid-19 pandemic, Vietnam has now put the situation under control and maintained positive growth. Vietnam’s GDP during the six months expanded by 6.42%, higher than the 5.74% rate in the same period last year, and equivalent to the growth rate recorded in the pre-pandemic period 2016-2019 (6.38%). In addition, Chinh also pointed out high … [Read more...] about PM urges favorable environment for businesses
Thailand’s central bank hikes rate for first time in four years
Illustrative image (Photo: ledgerinsights.com) Bangkok (VNA ) – The Bank of Thailand (BOT) on August 10 raised its key policy rate by 25 basis points (0.25%) to 0.75%, aiming to keep the country's increasing inflationary pressures in check. The BOT forecast that Thailand's economic growth this year will be 3.3%, up 0.1% from its previous projection. For 2023, it predicted growth of 4.2%, down 0.2%. The central bank also maintained its forecast that the annual inflation stays at 6.2%. Raising the interest rate signaled that the BOT was shifting its focus by tightening monetary policy in order to prevent spiraling inflation that could weigh on economic growth . The BOT also noted that the Thai economy is recovering after the COVID pandemic was controlled./. VNA … [Read more...] about Thailand’s central bank hikes rate for first time in four years
Promotion week of Chi Lang custard apple opens
Hanoian consumers can enjoy many specialties at No. 489 Hoang Quoc Viet Street, Cau Giay District. Chi Lang custard apple, a special fruit of the northern province of Lang Son, is the highlight of a trade promotion week being held at the Vietnam Agricultural Exhibition Center in Hanoi's Hoang Quoc Viet Street till August 16. Local consumers are shopping at the fair. Photo: moit.gov.vn Chi Lang custard apple has been granted a protection certificate by the National Office of Intellectual Property and is recognized in the Top 50 famous fruit specialties in Vietnam. The capital city’s consumers also have the opportunity to shop for many specialties and taste local cuisine with quality assurance, food hygiene and safety from localities nationwide. The event, organized by the Agricultural Trade Promotion Center under the Ministry of Agriculture and Rural Development (MARD) in collaboration with the People's Committees of Hanoi and Lang Son Province, features 30 … [Read more...] about Promotion week of Chi Lang custard apple opens
Plan approved to promote people’s law accessibility
The Customs Department of Ho Chi Minh City (Illustrative photo: VNA) Hanoi (VNA) – Permanent Deputy Prime Minister Pham Binh Minh has signed a decision approving a plan to improve people’s law accessibility. The overall goal of this plan, to be carried out nationwide from 2023 to 2030, is to roll out and implement measures and tasks in a timely, effective, and comprehensive manner to improve people’s accessibility to law , as well as agencies and organisations’ sense of responsibility towards assisting people in this regard, thereby helping promote the public’s understanding of, adherence to, and use of law to protect their rights and legitimate interests. Among its targets, the plan looks to review and propose all-round, effective and feasible policies and regulations on law access that are appropriate to each period, while raising the awareness, sense of responsibility, and habit of learning about and complying with law among the community, especially children, poor … [Read more...] about Plan approved to promote people’s law accessibility