Resorts

Pandemic-hit HCM City looks to sustain growth momentum this year Ho Chi Minh City, the biggest economic hub in southern Vietnam, aims to sustain growth momentum in the remaining months of 2021 even when it is battling the worst-ever COVID-19 resurgence which began in late May. Data from the municipal Statistics Office, the city’s Gross Regional Domestic Product (GRDP) grew 5.46 percent year-on-year in the first half of this year. Total retail sales of goods and services reached about 542 trillion VND (23.5 billion USD), up 7.3 percent year-on-year. Budget revenue exceeded 198.56 trillion VND, up 20.7 percent and representing 55.7 percent of the yearly plan. Its Industrial Production Index (IIP) picked up 5.9 percent during the period, with growth seen in all four key industries – food and beverage (1.2 percent), pharmaceutical chemistry (2.6 percent), electronics (15.6 percent), and mechanical engineering (10.7 percent). This year, HCM City sets to achieve … [Read more...] about VIETNAM BUSINESS NEWS JULY 25

A dairy farmer has to dump milk down the drain (Photo: SGGP) Farmer Lam Thi Thuy Lieu in My Xuyen District in the Mekong Delta Province of Soc Trang has been in despair these days because she is raising four milk cows producing 60 liters of milk a day; however, she has not sold it. She said that from July 19, she has had to resort to milk dumping around 60 liters a day amid the ongoing Covid-19 social distancing. At first, she said she gave the milk to her neighbors but later, none of the neighbors wanted to receive the product any longer. At last, she fed milk to the cows which later refused to drink it. She revealed that she had no choice but threw away 60 liters of milk down the drain. Though, she couldn’t sell the milk but has to pay VND200,000 a day to buy feed for the cows; consequently, the family fell into difficulty. Similarly, farmer Luong Sa Ruoi in the Mekong Delta Province of Soc Trang’s My Xuyen District announced to dump nearly 25 litter of milk during … [Read more...] about Coronavirus crisis: farmers have no choice but throw milk away

Lê Hương The trend of making Youtube videos has become popular among many young people, even those in the more remote parts of Việt Nam. Vũ Thị Ngọc Hướng, 22, is among them. She hosts the Hướng Giáy Sa Pa channel. As a member of the Giáy ethnic group, Hướng has created dozens of clips lasting between five and 10 minutes that showcase the landscapes, customs, and food in and around Sa Pa, a resort town in the northern province of Lào Cai. It is the simple way she narrates her stories that adds charm to her clips. Vũ Thị Ngọc Hướng does everything for all of her clips. Photo Courtesy of Vũ Thị Ngọc Hướng Videos showing the black sticky rice cake of the Giáy, the offering of traditional food to their ancestors in festive events, traditional costumes, folk legends, folk songs and the joy of picking plums in local gardens are among the videos accruing thousands of views on her channel. Born into a farming family in Tả Van Commune, some 8km south of central Sa … [Read more...] about Sa Pa local spreads Giáy culture, cuisine, and traditions via Youtube

Illustrative image (Photo: VietnamPlus) Hanoi (VNA) – The real estate market in the first half of 2021 was like a “spring” that was pressed when COVID-19 resurged, and rebounded strongly once outbreaks were over, and the more it is pressed, the more strongly it will rebound, said a representative of Batdongsan.com.vn. The COVID-19 resurgence in the second quarter has caused considerable adverse impacts on many provinces and cities nationwide. However, the property market still recorded encouraging signs in terms of investment, supply, and newly established firms, promising a rosy outlook for the market in the rest of the year. “Land fever” moving to countryside areas A representative of Batdongsan.com.vn, a member of PropertyGuru - a group owning Asia’s leading property tech platforms, said demand in the real estate market in April dropped by nearly 18 percent from the previous month. Northern Hai Phong city topped the localities with the sharpest nosedive of 34 … [Read more...] about Property market to rebound strongly once virus resurgence controlled