Ba ria vung tau vietnam

Developers clamour for legal clarity, Illustrative image (Photo: VNA) Nguyen Manh Ha, vice chairman of the Vietnam Real Estate Association, said that tourism real estate needs to break down barriers to development as soon as possible, in order to move alongside the general economic recovery. “Currently, mechanisms and policies for resort real estate are unclear, especially in terms of new types of real estate such as condotels, officetels, and second-home villas in resorts,” Ha said. The legal framework has not kept pace with the reality of hospitality and resort real estate development, thus partly hindering the growth momentum of these types of property, Ha added. They are not given a right use certificate, known as a red book in Vietnam, because they are built on land plots permitted for developing tourism property only, and not for residential projects. Doan Van Binh, chairman of CEO Group, said that supply is scarce not only in Vietnam but worldwide due to the impact of … [Read more...] about Developers clamour for legal clarity

Swimmer Pham Thanh Bao (centre) stands on the podium (Photo: VNA) Hanoi (VNA) – Vietnam had claimed 125 gold, 76 silver and 74 bronze medals as of May 18 evening, the sixth official competition day of the ongoing SEA Games 31 , retaining the top position in the medal table. The host country is getting closer to its set target of 140 golds. Thailand ranked second with 53 golds, followed by the Philippines with 37. On the day, the Vietnamese athletics team won three more gold medals in the women’s javelin throw, women’s 10,000m and women’s 4x400m, raising the number in the sport to 19 and surpassing the target of 15-17. Runner Nguyen Thi Oanh obtained triple golds in the women’s 1,000m; 5,000m and 3,000m steeplechase, in which she broke her own record set in the previous SEA Games. Swimmers continued to excite home fans as Ben Tre-born Pham Thanh Bao won the eighth gold for Vietnam in the men’s 50m breaststroke, beating strong rivals from Indonesia and Singapore. … [Read more...] about Vietnam tops SEA Games 31 medal tally with 125 golds

Ambassador Luong Thanh Nghi and DAVIFO President Trine Glue Doan (Photo: VNA) Hanoi (VNA) – Ambassador Luong Thanh Nghi has suggested the Vietnamese Embassy in Denmark and the Denmark-Vietnam Friendship Association (DAVIFO) coordinate with relevant agencies in organising forums for young people of the two countries to serve as nucleus for their bilateral ties. The two sides should join hands in launching activities like cuisine festivals, photo exhibitions and dialogues between prestigious writers and artists, and audiences to promote the Vietnamese and Danish cultures, he said at a meeting with DAVIFO President Trine Glue Doan on May 17. The diplomat noted with pleasure the close coordination between DAVIFO and the Vietnam-Denmark Friendship Association under the Vietnam Union of Friendship Organisations (VUFO), with practical activities held in Hanoi, Da Nang, Ho Chi Minh City and other Vietnamese localities. Vietnam always pays attention to improving living … [Read more...] about Vietnam, Denmark forge people-to-people exchange

An overview of the event to launch the report (Photo: WB) Hanoi (VNA) - For Vietnam to realise its aspiration for reaching high income status by 2045, the country will need to shift its economic growth model and sharply improve the government’s capacity to coordinate and implement economic policy reforms and public investments, a World Bank Group report says. The World Bank Group ’s Systematic Country Diagnostic Update , entitled "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation”, emphasises that Vietnam's traditional growth model faces major challenges from the COVID-19 pandemic, slowing globalisation, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. Vietnam’s GDP per capita has increased five fold over the past three … [Read more...] about Vietnam should shift economic growth model for further development: WB report

At a Wednesday conference held by the Communist Party's Secretariat regarding sustainable development of Vietnam’s urban areas by 2030, with vision until 2045, Tran Tuan Anh, head of the Central Economic Commission, said the Party's decision-making Politburo has requested for quicker, better urbanization, as well as sustainably developing urban areas into networks. By 2025, the urbanization rate of Vietnam would be around 45 percent, with 950-1,000 urban areas. By 2030, the rate would be at 50 percent with 1,000-1,200 urban areas. The goal means Vietnam would need 100 more urban areas in the next decade. The country would also have certain urban centers at national and regional level, with medical, education and cultural criteria similar to other urban areas in countries among the top four in Southeast Asia. In those urban areas, the ratio between traffic land and construction land must be at 16-26 percent in 2030. Tree coverage for each person on average must reach 8-10 per … [Read more...] about Vietnam aims to be 50 percent urbanized by 2030

Featured Bangkok, Hanoi, Jakarta (GMT+7) Oldest Latest Has news updated Caption Do Hung Hung (number 16) leads the ball while instructing a teammate. Photo by Duc Dong 66' Tien Linh got the chance to face the keeper, but before he was able to finish, a Malaysia defender cleared the ball in front of his foot. 64' First substitution for Vietnam. Nham Manh Dung out for Nguyen Van Tung. 60' Malaysia made the first substiution. 56' Le Van Do moved to the left flank in the second half and unlike in the first half, his crosses were too deep. 46' Second half started No substitutions were made after the first half. 45'+1 First half ended Ly Cong Hoang Anh tried to finish from afar after a corner, but it went straight to the hands of keeper Ghani. This was also the final play of the first half. … [Read more...] about SEA Games semifinals: Vietnam 0-0 Malaysia

Jens Olaf Økland, Equinor’s senior vice president Why did Equinor choose now to open an office in Hanoi? We believe it is very timely to open an office now. Vietnam is one of the world’s fastest-growing economies and power markets. With its long coastline and favourable wind conditions, the country has among the best wind resources in Asia and a strong desire to develop an offshore wind market. The country is on a path to becoming net-zero and offshore wind can enable this transition. We believe Vietnam has a high potential to become an interesting growth market for offshore wind and have therefore opened a representative office in Hanoi. Vietnam has set ambitious targets for offshore wind both for 2030 and 2045 which would result in Vietnam being one of the top offshore wind markets globally. The end of the decade is not that far away and a lot of things still need to come into place, both on the regulatory side and for the industry, but this is also natural in the … [Read more...] about Equinor reaffirms entry in Vietnam’s offshore wind

The deal value in Vietnam by Japanese investors last year was more than triple the figure of 2020. Why has there been a sharp increase in Japanese mergers and acquisitions (M&A) deals? Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd This rise was due to an exceptional deal done by SMBC Consumer Finance, in the amount of nearly $1.38 billion, which acquired FE Credit from VP Bank. In fact, there have been several relatively big deals by Japanese investors ranging from $50-100 million every two years during the last 10 years – however, this one was by far the largest. Apart from this one, we recognise that most of the Japanese-related deals were around $5-30 million in size, which did not show any big difference from before 2020. What is M&A activity like so far in 2022 for Japanese groups here? Despite the aforementioned mega deal by SMBC, most Japanese investors had to wait until travel … [Read more...] about Japanese M&A in Vietnam on a steady track to bigger deals

Truong Thi Phuong, Nguyen Thi Huong, Diep Thi Huong and Nguyen Thi Tuyet claim a gold medal after finishing first in the women’s 1 ,000m quadruples. (Photo: VNA) Hai Phong (VNA) – Vietnam championed two canoeing events held in Hai Phong city on May 19, raising the total number of gold medals won by the country in this sport at SEA Games 31 to five so far. Truong Thi Phuong, Nguyen Thi Huong, Diep Thi Huong and Nguyen Thi Tuyet claimed a gold medal after finishing first in the women’s 1,000m quadruples, leaving the runner-up Indonesia over 10 seconds behind. Pham Hong Quan and Hien Nam secured another gold in the men’s 1,000m doubles after completing the race just about a second before silver medalists from Thailand. After three days of competition, canoeing/kayak earned Vietnam five golds, two silvers and one bronze. The canoeing /kayak competitions will continue on May 20./. VNA … [Read more...] about Vietnam wins two more SEA Games 31 golds in canoeing

Nguyen Tran Thanh Tu (Photo: VNA) Hanoi (VNA) – Vietnam’s Nguyen Tran Thanh Tu and Pham Quoc Tuan have won gold and silver medals in the 1-cushion carom billiards event at the 31st Southeast Asian Games ( SEA Games 31 ). The finals were rescheduled after Tuan tested positive for coronavirus one day earlier. In line with regulations, Tuan could not participate in the final. As a result, he got the silver medal and his Vietnamese teammate bagged gold. Two bronze medals went to Efren Reyes and Francisco Dela Cruz of the Philippines. Also on May 19, a series of billiards matches have been scheduled, including the semi-final of the English Billiards 100 up between the Vietnamese pair Nguyen Thanh Binh - Tran Le Anh Tuan and their Myanmar opponents Min Sithu Tun - Pauk Sa; and the quarter-final of 3-cushion carom between Tran Quyet Chien of Vietnam and Efren Reyes of the Philippines./. VNA … [Read more...] about SEA Games 31: Vietnam win gold, silver in 1-cushion carom billiards