Rings end near me

Ring road plan to transform market - Illustrative photo (Source: VNA) The government has asked the National Assembly (NA) to consider and decide on the policy for investing in the ring roads to be located in the country’s two biggest cities. Tran The Anh, sales director of Thang Loi Group, said that the land fund in inner cities is increasingly exhausted and prices are high, with investors turning to suburban real estate. “There is a thirst for houses for those living and working in Ho Chi Minh City in particular,” The Anh said. “The shifting trend of investors and individual financiers is also creating a new vitality for the real estate market in the suburbs.” One of the issues discussed by NA delegates and experts is how to exploit the land fund around the two ring roads, which will soar in value. Already in many places, the price of land in the area has increased dozens of times over. “Because the two routes will open up a vast land fund, the management of auctions of … [Read more...] about Ring road plan to transform market

The index closed three points lower after gaining nearly 20 points Thursday. It has lost nearly 32 points this week. Trading on the Ho Chi Minh Stock Exchange increased by 0.2 percent to VND10.18 trillion ($437.71 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 14 tickers drop. POW of electricity producer Petrovietnam Power Corporation fell 2.5 percent, while GAS of state-owned Petrovietnam Gas dropped 2.4 percent. Other losers included HDB of HDBank, down 2.1 percent, CTG of state-owned lender VietinBank, down 2 percent, and TPB of private TPBank, down 1.9 percent. Thirteen blue chips gained, led by BVH of insurance company Bao Viet Holdings with a 4 percent rise. It was followed by SAB of brewer Sabeco, up 1.4 percent, and PNJ of Phu Nhuan Jewelry, up 1.2 percent. Foreign investors ended three sessions of buying with a net sale of VND82 billion, mainly selling NVL of real estate developer Novaland Group and HPG of steelmaker Hoa Phat Group. … [Read more...] about VN-Index ends week with 4th losing session

"It's a bit scary but we're getting used to it," she said from behind the counter of a shop selling soft toys, bicycles and scooters for children. The shopkeeper said she was out of work for almost three months without receiving any substantial state support. Her business, like many others in Kramatorsk, closed after the start of Russia's invasion on February 24. But in the past few weeks, shops have been gradually reopening and residents have returned to the city in Ukraine's eastern Donbas region. "In my street, where there are about 300 homes, the residents had almost all left. Now they have almost all come back," Miroshnichenko said. Kramatorsk, a large city at the heart of what remains of Ukrainian-controlled Donbas, is stirring back to life even as Russian artillery pounds nearby Sloviansk, Siversk and Bakhmut. But according to Oleg Malimonienko, who has just reopened his restaurant, people have no choice but to return home. "In 99 percent of the cases, it's because … [Read more...] about Life resumes near Ukraine frontline despite war threat

An ETC station on the Hà Nội-Hải Phòng Expressway. — VNA/VNS Photo HÀ NỘI — The Ministry of Transport has asked the Directorate for Roads of Việt Nam (DRVN), the Việt Nam Expressway Corporation (VEC), the Việt Nam Infrastructure Development and Finance Investment Joint Stock Company (VIDIFI), and other service providers to realise the Prime Minister's request on completing automatic non-stop toll collection (ETC). The ministry requested VEC to direct service providers and related units to urgently install and operate the ETC system on highways by July 31. In case of delay, the ministry will handle it according to its competence or report it to authorities for strict handling in accordance with the law, including the suspension of toll collection. The ministry asked DRVN to direct and coordinate with VEC in deploying the ETC system on highways managed by VEC, ensuring the schedule and smooth operation. Meanwhile, VIDIFI was asked to continue piloting the ETC on the … [Read more...] about Automatic toll collection set for all expressways in Việt Nam by end of July

An ETC station on the Hanoi-Hai Phong Expressway. (Photo: VNA) The Ministry of Transport has asked the Directorate for Roads of Vietnam (DRVN), the Vietnam Expressway Corporation (VEC), the Vietnam Infrastructure Development and Finance Investment Joint Stock Company (VIDIFI), and other service providers to realize the Prime Minister's request on completing automatic non-stop toll collection (ETC). The ministry requested VEC to direct service providers and related units to urgently install and operate the ETC system on highways by July 31. In case of delay, the ministry will handle it according to its competence or report it to authorities for strict handling in accordance with the law, including the suspension of toll collection. The ministry asked DRVN to direct and coordinate with VEC in deploying the ETC system on highways managed by VEC, ensuring the schedule and smooth operation. Meanwhile, VIDIFI was asked to continue piloting the ETC on the Hanoi-Hai Phong … [Read more...] about Automatic toll collection set for all expressways in Vietnam by end of July

Under the traffic connection plan, Tan Cang - Cat Lai container terminal holds 85 percent of import and export container volume in the Southern region and 50 percent of import and export container volume in the country. The port is at risk of overload due to the high number of containers, heavy traffic congestion on the roads around the port. As of present, HCMC has completed the construction project of a new road linking the port system of Cat Lai-Phu Huu with the HCMC-Long Thanh-Dau Giay expressway and the Ring Road No.3. The street aims to serve for goods transportation and reduce traffic congestion on Nguyen Thi Dinh, Dong Van Cong and Nguyen Duy Trinh roads. The 60-meter wide road with a design speed of 60km/h has 12 lanes and length of six kilometers, departing from Nguyen Thi Dinh, running through Ong Nhieu and Ba Cua canals and ending at the Ring Road No.3. By Thanh Hai – Translated by Kim Khanh … [Read more...] about HCMC proposes construction project of road linking Cat Lai port with expressway