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Real estate prices in Ho Chi Minh City skyrocketed during the second quarter of this year to hit record highs, with some villas in the city currently on sale for VND700 billion (US$30 million), according to statements given at a conference on Tuesday. At the 'Money Flow and Real Estate Trends in Late 2022' conference hosted by Cafeland , a real estate website, Vo Huynh Tuan Kiet, director of housing project marketing at CBRE Vietnam, shared that houses and villas in urban areas in the east of the city are currently on the market for prices ranging from VND200 million ($8,580) to $400 million ($17,200) per square meter. Regarding housing supply, Kiet said that the number of available apartments in Ho Chi Minh City soared to 12,000, up from about 1,000 in the first quarter of this year. The supply in the second quarter is nearly equal to that in the third quarter of 2019, a sign that the market is making a serious comeback. These apartments, however, are primarily high-end and … [Read more...] about Housing prices in Ho Chi Minh City hit record highs

From the beginning of the year, shrimp price has tended to surge creating excitement for farmers in the region. Therefore, more high-tech shrimp farming models have been promoted and implemented bringing high economical values. In Bac Lieu Province, there are around 134,800 hectares of land dedicated for aquaculture yielding an output of 123,075 tons, an increase of nine percent over the same period last year. Of which, shrimp output reached over 64,740 tons, a surge of over 11 percent over the same period in 2021. Similarly, shrimp farming area and output in the coastal localities of the Mekong Delta have been expanded sharply. Specifically, the shrimp output of Ca Mau Province gained 118,245 tons in the first six months of the year, increasing ten percent over the same period last year. Meanwhile, the shrimp output of Kien Giang Province reached 56,050 tons. At the current time, the shrimp prices in the Mekong Delta are stable. Specifically, the big black tiger shrimp with … [Read more...] about Shrimp farmers in Mekong Delta eager with high price

Illustrate image (Photo: thainews.prd.go.th) Bangkok (NNT/VNA) - Using the popularity of homegrown "boys’ love" (BL) productions as an attraction, Thailand has launched a campaign to attract international tourists , particularly Japanese tourists. According to the Tourism Authority of Thailand (TAT), the campaign was launched in June at the Mini Thai Festival in Osaka, Japan. Two booths were set up by video distributors in the "Thai BL" corner, attracting a large crowd that was also there to view Thai street food stalls and a Muay Thai exhibition . The productions, known as "Y series" in Thailand — a reference to the Japanese "yaoi" fiction that features relationships between male characters and served as the inspiration for BL dramas — were once viewed with prejudice but have since gained acceptance due to their potential to serve as cultural exports. When the TAT’s Osaka office offered eight participants a trial tour, partially funded by the office, to BL … [Read more...] about Thailand kickstarts tourism campaign through “BL Dramas”

The high petrol prices have hindered economic recovery. (Photo: SGGP) Thus, along with the solution to cut the environmental protection tax rate for gasoline, oil, and grease products to the floor level in the tax bracket until December 31, 2022, and the solution to reduce the MFN tax rate, the MoF has continued to put forward more tax cuts to help lower gasoline and oil prices. Up to now, the MoF has proposed to reduce four types of taxes on this essential product. According to the MoF, it is crucial to slash the MFN tax rate to 12 percent for gasoline to diversify petroleum supply to avoid being passive by depending on import sources from South Korea and the ASEAN only. Besides, people and businesses will directly benefit from tax reductions on gasoline and oil products, thereby contributing to directly reducing consumers’ expenses as well as indirect costs from other consumer products. Previously, because petrol and oil prices have continuously climbed and are currently … [Read more...] about MoF proposes reductions for four types of taxes on petroleum products

The ASEAN Para Games 2022 is a qualifier for athletes to win tickets to Paralympic Paris 2024. Some 155 Vietnamese athletes with disabilities will attend the 11th Southeast Asian Para Games (ASEAN Para Games 2022) in Indonesia next month, according to the General Department of Sports and Physical Training under the Ministry of Culture, Sports and Tourism. The Vietnamese delegation will include one guiding athlete, 18 coaches, two doctors, and 13 support personnel. The rest are Vietnamese parasports athletes who will compete in eight events: track and field, swimming, weightlifting, badminton, table tennis, chess, judo, and archery. On July 23, a departure ceremony will be held to see off the Vietnamese delegation at the National Sports Training Center in Ho Chi Minh City. It is expected that on July 26 or 27, the Vietnamese delegation will join the Games. Weightlifter Le Van Cong is the golden hope of Vietnam's disabled team at the ASEAN Para Games 2022 in … [Read more...] about Some 155 Vietnamese athletes to partake in ASEAN Para Games 2022

More than 100 Japanese companies in the food industry and 30 in cosmetics are looking for partners and expanding business in Vietnam. Japan Street, an online catalog site, is expected to further enhance business cooperation between Vietnamese and Japanese enterprises and further contribute to bilateral relations. Deputy Head of JETRO in Hanoi Keisuke Kobayashi at the event. Photo: Hai Yen Project Manager at the Japan External Trade Organization (JETRO) in Hanoi Yutaka Yasunaga stressed the view during a press briefing on the platform held today [June 30]. According to Yasunaga, “Japan Street” would help connect Japanese suppliers with overseas buyers, including those from Vietnam. Yasunaga said that the Covid-19 pandemic and the restriction measures adopted by countries around the world have made it difficult to set up direct meetings between buyers and suppliers. “An online platform, therefore, is considered an effective solution to avoid disruption to … [Read more...] about “Japan Street” to bolster Vietnam-Japan business cooperation: JETRO

The system is making steady progress towards transiting to launch by around Pi2 Day - June 28, the development team announced on the Pi Network app last Tuesday. Since Monday night, Pi miners in Vietnam have started to wait for the transition. Many claimed to be business owners and said they will accept the token as a payment method as soon as the coin can be exchanged. Pi and other cryptocurrencies are not legal tender in Vietnam, Dao Minh Tu, the deputy governor of the State Bank of Vietnam, has said. Huynh Tan of HCMC said he has signed in the app to earn rewards every day for the last three years. "I have joined the project since its beta stage. Now it is about to enter the mainnet stage, so I hope to be able to exchange Pi for money or something." He said prices of thousands dollars is "very unlikely" as there are 100 billion tokens, but the ‘consensus price’ may be of any number. A poll on a Pi group found 75 percent of nearly 3,400 users believing in a ‘consensus … [Read more...] about Pi miners anxiously await monetization

The practice session began at 9:30 a.m. local time amid a light drizzle, according to Pau FC. Hai, the first Vietnamese to play for a professional club in France, and his teammates were present about 10 minutes prior. Despite not being able to speak French yet, Hai greeted his teammates and was met with warm welcome in response. They had a warm-up run for 20 minutes under the instructions of coach Didier Tholot. There would be two practice sessions every weekday except for Wednesday. A press conference took place in the afternoon the same day to announce the Pau FC’s newcomers, including Hai. A friendly match with another team in Dax is expected on July 8, before the first match of the Ligue 2 on July 30. In six seasons at Hanoi FC, Hai played 126 matches, scored 35 times and won every domestic title and the Vietnam Golden Ball in 2018. He also played an important role in Vietnam winning the 2018 AFC U23 Championship's second place, the 2018 AFF Cup title and SEA Games 30 gold … [Read more...] about Midfielder Quang Hai has first practice with French club

Tokopedia's success lesson Founded in 2009, Tokopedia is one of Indonesia's tech unicorns. According to CB Insights (U.S.), Tokopedia's value reached $7 billion as of June 2020, becoming the third largest unicorn in Southeast Asia, behind Grab (Singapore) and Gojek (Indonesia). Tokopedia was developed as a shopping platform where any business could easily arrange and sell its products. William Tanuwijaya, co-founder of Tokopedia, said that the company's business model is similar to Alibaba's as it combines Toko (shop) and encyclopedia. In 2018, Tokopedia launched the Mitra Tokopedia app for warungs - small family-owned businesses that usually cater to a neighborhood. Mitra Tokopedia has recorded one million downloads in the island nation that has two million warungs. Tokopedia has been successful in bringing technology into Indonesia's grocery stores. Photo by Tokopedia Mitra Tokopedia has gained popularity and is now present in more than 20 major cities, … [Read more...] about VinShop aims for success as store connection platform

It would cost about VND 1.20 trillion (USD 52.18 million) to fill the Nui Beo open-cast coal mine pit in Ha Long City after closure. Nui Beo used to be the biggest open cast coal source in Ha Long City with an average annual output of five million tonnes. Ngo The Phiet, director of Nui Beo Coal Joint Stock Company under the Vietnam National Coal and Mineral Industries Group said that they are planning to fill the mined area. "The two pits are some 125 metres deep in Ha Tu Ward, Ha Long City," he said. "We may need some 30 million cubic metres of soil to fill these two pits." The official estimated that the work would cost VND 1.20 trillion (USD 52.18 million) and last until 2030. "With the current fuel price hike, the cost may rise to between VND 1.50-1.60 trillion," he said. "Meanwhile, our annual profits now stand at only between VND40-50 billion". Nui Beo, the largest open-cast coal mine in the northern province of Quang Ninh was closed in … [Read more...] about Huge costs for filling Ha Long largest open-cast coal mine