Secured at sea

The construction site of the Lotus Garden project at Phu My District, Dong Thap Province.-VNA/VNS Photo The project has an initial outlay of nearly VND530 billion (US$23 million), financed by the Phuong Nam Transport Construction Exploitation JSC (PNC). There are around 504 apartments and 14 commercial buildings in its construction plan, which is expected to be completed in Q2/2025. The Provincial Department of Construction (PDC) revealed that to date, the project investors have not secured a construction permit and proof of land use rights and have not handed in an appraisal dossier. As a result, they are not legally allowed to make sale announcements. However, the investors are beginning to market their apartments through issuing "Reservation forms" and "Agreement to purchase forms." Similar offers can also be found on social networks, where home buyers can secure the right to buy apartments by putting down deposits. Le Van Ngot, deputy director of PDC, said that his … [Read more...] about Investor puts apartments up for sale before securing land rights

Vietnam exports nearly 2.77 million tonnes of milled rice in the first five months of 2022. (Photo: VNA) Hanoi (VNA) – As many countries in the world have limited food exports to guarantee domestic food security , rice – a staple in most of Asia – is forecast to witness surging prices in the time ahead, which is said to be a chance for Vietnam – one of the world’s largest rice exporters. Vu Thi Hue, head of the export - import division of the Dai Duong Xanh Export - Import Co. Ltd, said while lower wheat output and higher production costs have forced many countries to seek alternatives, rice is a suitable choice with good prices. So a bright prospect could be seen for both export volume and prices in the time ahead. In the first five months of 2022, nearly 2.77 million tonnes of milled rice worth over 1.35 billion USD were shipped abroad, rising 6.6% in volume but declining 4% in value year on year, according to preliminary data from the General Department of Vietnam … [Read more...] about Bright outlook predicted for rice exports

The event was attended by Director of the General Department of Political Affairs General Luong Cuong, Chief of the General Staff and Deputy Defense Minister Senior Lieutenant General Nguyen Tan Cuong, among others. Reportedly, under the leadership of the Central Military Commission and the Ministry of National Defense (MND), the whole-military has maintained combat readiness, managed the sky, the sea and the land, and promptly dealt with emerging situations. The military has collaborated with the public security force, sent troops and vehicles to help flood-affected people in Northern and North Central Coast provinces. On the other hands, the training work has been directed closely, with the focus on examining training quality of the first period, training teams participating to the International Army Games in 2022, and new recruits. The MND has well prepared for military schools’ entrance exam in 2022, directed military-defense tasks at all levels. The agency held ceremonies to … [Read more...] about MND reviews task performance in June

At the dialogue, the RoK side affirmed the importance it attaches to relations with the Association of Southeast Asian Nations (ASEAN). Also, it supports ASEAN’s centrality and pledges to coordinate with the bloc in implementing the ASEAN Outlook on the Indo-Pacific region through practical cooperation programs and activities. The RoK highly valued ASEAN’s contributions to regional peace, cooperation, and prosperity over the past years. Addressing the event, Ambassador Vu Ho emphasized that the RoK is a strategic partner of ASEAN and the country has made significant contributions to the building of the ASEAN Community across three pillars. He suggested the two sides increase cooperation activities towards the people, especially in response and recovery efforts, and work to ensure inclusive growth, and harmonious and sustainable development. The two sides highlighted multilateral trade and economic links, and pledged to effectively implement the ASEAN-Korea Free Trade Agreement … [Read more...] about 26th ASEAN – RoK Dialogue takes place in Seoul

An engineering vessel that was 160 nautical miles southwest of Hong Kong "suffered substantial damage and broke into two pieces" and the 30-member crew abandoned ship, according to the Hong Kong Government Flying Service. Three people had been rescued as of 3:00 p.m. local time (0700 GMT) and were taken to hospital for treatment, authorities said. Dramatic footage provided by Hong Kong authorities showed a person being airlifted onto a helicopter while waves crashed over the deck of the semi-submerged ship below. The three survivors said other crew members may have been swept away by waves before the first helicopter arrived, according to a government statement. Typhoon Chaba earlier formed in the central part of the South China Sea, which Vietnam calls the East Sea, and on Saturday afternoon made landfall in Guangdong province in southern China. Rescuers in Hong Kong were notified of the incident at 7:25 a.m. local time (2325 GMT on Friday) and found the ship near Chaba’s … [Read more...] about Dozens missing in shipwreck during Chaba typhoon

The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK