Nam Du Archipelago Off the southwest coast of Vietnam, Nam Du Archipelago boasts 21 unspoiled islands and islets in the Gulf of Thailand, which is still largely a secret to Vietnamese and foreigners alike. After a 7-hour journey from Saigon to Rach Gia City, and a 2-hour speedboat ride to Nam Du Port, visitors can enjoy pristine beaches, seafood fresh off the boat and long, languid afternoons spent swinging in hammocks. The journey doesn't seem too arduous, but for foreigners, like many military-controlled areas across Vietnam, Nam Du is especially difficult, if not impossible to get to. “As far as I know now, [Kien Giang Province] still does not allow foreigners to visit certain islands, like Nam Du,” Mr.Hai from Kien Giang Tourism and Trade Investment Promotion told VnExpress International last February, adding that those with a clear purpose like business or study can request special permission. As far as Vietnam's bureaucracy goes, anyone can … [Read more...] about The most fascinating remote parts of Vietnam (and how to get to them)
Togian islands how to get there
Some Vietnamese officials are countering suspicions of their over-the-top personal fortunes with nostalgic evocations of the ‘good ole’ days’ when hard labor for a few extra pennies was the key to wealth. In 2014, Tran Van Truyen, former head of the state inspectorate, came under scrutiny for owning a luxury villa in the southern province of Ben Tre. Addressing the media, Truyen said at that time that he had “worked so hard that my thumbs were rotting” to save up enough money for the villa. In April this year, Nguyen Sy Ky, an anti-corruption official in the Central Highlands province of Dak Lak made headlines when he claimed to have moonlighted as a xe om (motorbike taxi) driver to save up the cash for his luxury US$133,000 residence. In the latest incident of suspicious wealth, Pham Si Quy, director of the Department of Natural Resources and Environment of the northern province of Yen Bai, … [Read more...] about How to get rich? Vietnamese officials say ‘hard work pays off’
Viet Nam News The collapse of an old house at 43 Cửa Bắc Street, central Hà Nội, that claimed two lives and injured three others early this month, has added to the dilemma of old houses and the management of buildings in cities like Hà Nội and HCM City. The accident also raises concerns over the safety of local people living in degraded areas. A city authority official, citizens and experts share their opinions on the issue with Việt Nam News. Đặng Ngọc Tiến, Deputy Director of the Management Board of Hà Nội's Old Quarter The recent collapse of an old house at Cửa Bắc Street, which killed two people and injured three others, has raised anxiety amongst residents living in the Old Quarter area as it is home to a large number of old houses and buildings. The Management Board of Hà Nội's Old Quarter, in collaboration with the people's committees of 10 wards in the Old Quarter, have revised all downgraded construction works in the area and found 180 deteriorated buildings, which might … [Read more...] about How to get rid off the dilemma?
Group must mobilise cash, fuel to get power projects on track (22-06-2009) The Viet Nam Oil and Gas Group (PVN)'s deputy director Nguyen Tien Dung spoke with the Vietnam News Agency about the feasibility of thermo-electricity projects. Many electricity projects are behind schedule due to a shortage of investment capital. As an investor in five 6,000 MW thermo-electricity projects, can you tell us how PVN plans to mobilise the US$6 billion needed for the projects' implementation? The Government has allotted PVN five thermo-electricity projects: Thai Binh 2 in Thai Binh Province, Song Hau 1 in Hau Giang Province, Vung Ang 1 in Ha Tinh Province, Long Phu 1 in Soc Trang Province and Quang Trach 1 in Thai Binh Province. We have a plan to collect enough investment capital. As one of the country's leading economic groups, we can handle one-third of the total needed and mobilise the rest from foreign enterprises. Currently, five foreign groups are co-operating with PVN. South Korea's Electric … [Read more...] about Group must mobilise cash, fuel to get power projects on track
Local experts believe harmonious settlement of relations between the financial and real-estate markets would help mitigate threats to the national economy. At a seminar held in Hanoi on Friday, experts painted a bleak picture of the property market during the year. Transactions declined even though prices dropped by 20 to 50 per cent. In addition to the effects of the global economic crisis, there were internal factors, such as excessively high land prices, the stock market recession and, in particular, tightened credit. Rushing to pay Noting the need for capital to restore the market, former Deputy Minister of Natural Resources and Environment Dang Hung Vo said investors were rushing to pay their bank loans while property prices were falling. In the long term, they said the real-estate market should be made more open and transparent to resist speculation. According to experts, the Government's decision to allocate VND2.5 trillion (US$147 million) to build low-income housing next year, … [Read more...] about How to get property market on the move