Public art

According to the public investment plan in the period 2021-2025, the total state budget capital allocated for this period is VND2.87 quadrillion, not VND2,750 trillion as being reported to the 10th session of the 14th National Assembly. According to the report on the implementation of medium-term public investment plan for the 2016-2020 period and the plan for the 2021-2025 period, about 4,979 projects will be carried out in the 2021-2025 period, a reduction of more than half compared to the number in the 2016-2020 period, including 2,236 projects to be newly launched. 5 years without any major projects completed More than VND2.8 quadrillion in public investment Luong Bang … [Read more...] about Huge public investment in industries and regions

In Vietnam, PropertyGuru is the parent group of Batdongsan.com.vn , one of the leading property sites in Vietnam. Upon closing, the combined company is expected to begin trading on the New York Stock Exchange. The combined company will have an enterprise value of approximately $1.35 billion and an equity value of approximately $1.78 billion at closing The transaction is expected to deliver up to $431 million of gross proceeds through the contribution of up to $299 million of cash held in Bridgetown 2’s trust account, a concurrent $100 million private investment in private equity of common stock anchored by Baillie Gifford, Naya, REA Group, Akaris Global Partners, and one of Malaysia’s largest asset managers, priced at $10.00 per share. REA Group has also committed to an additional $32 million investment. KKR, TPG Group, and REA Group will roll 100 per cent of their equity into the combined company, demonstrating their continued commitment to the company’s growth … [Read more...] about PropertyGuru plans to go public in partnership with Bridgetown 2

In June the central bank allowed VietinBank to increase its charter capital from VND37.2 trillion (US$1.6 billion) to over VND48 trillion ($2.1 billion) by paying dividends in shares for 2020. — Photo vietnamplus.vn At least around seven billion shares issued as dividends, under employee stock ownership plans and public issuances by banks are expected to enter the stock market in the two remaining quarters of the year. They include MB and Vietinbank with nearly two billion shares. In June MB shareholders approved the 2020 dividend payout of 35 per cent in shares. Also in June the central bank allowed VietinBank to increase its charter capital from VND37.2 trillion (US$1.6 billion) to over VND48 trillion ($2.1 billion) by paying dividends in shares for 2020. SHB offered 175 million shares for sales to the public at the same time. Besides, more than 540 million shares were issued as dividends at the rate of 25 per cent by ACB, 443 million bonus shares at the rate of 40 per … [Read more...] about More bank shares to hit stock market on bonuses, public issues

Legislators at the first session of the 15th National Assembly (Photo: VNA) Hanoi (VNA) – The election of key positions in the State leadership will be the focus of the second and also the last working week, from July 26 to 28, of the 15th National Assembly’s first session. On July 26, the NA is scheduled to elect the State President, the Prime Minister, the Vice State President, the Chief Justice of the Supreme People’s Court, and the Prosecutor General of the Supreme People’s Procuracy . Lawmakers will also made decisions about the structure and the number of members of the Government, and vote on the appointment of deputy prime ministers, ministers, and other members of the Government; the vice chairperson and members of the National Defence and Security Council; and justices of the Supreme People’s Court . Deputies will look into the implementation of the socio-economic development and State budget plans during the first six months and tasks in the … [Read more...] about State leadership to be elected during second week of 15th NA’s first session

EXHIBITION Hanoi-Exhibition showcases Vietnamese and Italian landscapes Until August 23, 8.30am-5.30pm Vietnam Museum of Ethnology, Nguyen Van Huyen Street An exhibition titled Italian Routes and Landscapes of Vietnam Photographs featuring the beauty of the mountains and common culture of mountaineering between Việt Nam and Italy. Hanoi-Art Showcase: Illusion Until Aug 15, 10 am – 07 pm Mo Art Space, 136 Hang Trong Street, Hoan Kiem District From the organizer: This July, Mơ Art Space would like to invite Hanoi art lovers to visit the art showcase Illusion by Le Brothers ( Le Ngọc Thanh and Le Duc Hai). Illusion is the name of the latest art project of Le Ngoc Thanh and Le Duc Hai, as known as Le Brothers, a pair of twin artists originally from Quang Binh province but living and working in the city of Hue for the past 20 years. The project was first showcased for the first time in 2020 at Le Ba Dang art center – Hue … [Read more...] about What’s on July 26-August 1 (Daily updated)

Accordingly, the road through Hai Van Pass is dark, zigzag so the police of Da Nang City promptly mobilized forces to direct way for the vehicles. Additionally, the police of Da Nang provided bottles of water and bread for the passers. By 5 a.m. on July 25, the functional forces escorted nearly 200 people to cross Hai Van Pass safely and then handled over all of them to Covid-19 prevention and control forces at the Covid-19 checking point in the Hai Van Pass. Almost all of the motorbikes had driving plates of Thua Thien-Hue, Quang Tri, Nghe An and Ha Tinh provinces. Some photos and a video featuring traffic in the Hai Van Pass this early morning: By Xuan Quynh-Translated by Huyen Huong … [Read more...] about Police overnight guide motorbikes from HCMC to travel through Hai Van Pass