Bitcoin soars to record high above 6 000

According to economic expert Can Van Luc, there are many factors that positively affect the real estate market including the relatively good economic recovery, the acceleration of the program of socio-economic recovery and development 2022-2023, and public investment. In addition, legal issues have been and are being resolved while interest rates and basic exchange rates were stable despite strong upward pressure. In particular, the credit market is having bright spots. From now until the end of the year, there will still be a new credit wave for good property projects and by 2023 there will be a new credit room. However, challenges still remain because the economic recovery is not sustainable and the supply is not immediately abundant whereas the prices of energy and raw materials also increased. The Government and responsible agencies have been tightening management of the corporate bond market. Regarding specific developments in the market, a representative of CBRE Group … [Read more...] about Experts forecast real estate market for next year

Vietnam has recorded new Omicron sub-variants including the fast-spreading BA.2.75, which explains the recent resurgence of COVID-19 cases in the country, according to the Ministry of Health. The General Department of Preventive Medicine under the Ministry of Health has sent an urgent document to health departments in provinces and cities regarding the enhancement of COVID-19 prevention and control efforts. The number of cases has been rebounding in Vietnam and across the world, the department stated. An average daily count of 2,000 new cases have been logged in the Southeast Asian country over the past weeks. Vietnam has documented the appearance of the new Omicron sub-variants with the ability to spread rapidly. Aside from the BA.4, BA.5, and BA.2.12.1 sub-variants that were previously detected, the country recently recorded the BA.2.75 sub-lineage, which is considered to be more transmissible than the others. In early July, many countries around the world reported the … [Read more...] about Vietnam detects fast-spreading BA.2.75 Omicron sub-variant

When Vu Ngoc Minh Ha and her husband leave home in Tay Ho District at 7 a.m. for work, they take their samoyed dog named Xe Dap (Bicycle) with them and drop him off at a doggy day care on nearby Dang Thai Mai Street. They pick him up on their way home in the evening. For the past three years Ha, 27, has been entrusting Xe Dap to the center from Monday to Friday every week. "We don't want to leave our dog at home alone because we are afraid he will be lonely without anyone to play with or destroy furniture," she says. While the monthly fee is high enough at VND4 million, the couple pay extra for him to be fed extra meals and given spa treatments and other services. They typically spend VND10-12 million (US$427-512.89) on the animal each month. Bicycle (white with a red scarf) plays with other dogs at a dog day care on Dang Thai Mai Street in Hanoi's Tay Ho district in early 2022. Photo courtesy of Ha Day care services for pets work similarly to children’s … [Read more...] about Hanoians happy to spend big bucks on pet day care

The number of students from kindergarten to high school in HCM City will increase by 22,000 in the upcoming 2022-23 academic year, according to the city’s Department of Education and Training. Students at the Tân Sơn Nhì Primary School in HCM City's Tân Phú District. — VNA/VNS Photo Thu Hoài Hồ Tấn Minh, Chief of the Office of the department, said among the additional students, there are 15,282 students in public schools and 6,543 students in non-public schools. The increase is mostly at pre-schools, secondary schools, and high schools in Thủ Đức City and the districts of Bình Tân, Bình Chánh, Hóc Môn and 12 which are in the process of rapid urbanisation and population growth. In the 2021-22 academic year, nearly 344,000 students were not in the city's household registration book. This pressure has caused an increase in the number of students in classes exceeding the standard number of students per classroom. Many primary schools have more than 45 … [Read more...] about HCM City schools face overcrowding in new academic year

A heavy downpour battered Ho Chi Minh City on Monday afternoon and lingered until the evening, causing serious flooding and slowing traffic across the metropolis. The southwest monsoon strengthened due to the influence of a low-pressure system in the East Vietnam Sea, resulting in an hours-long downpour on Monday, according to Le Dinh Quyet, an official of the southern hydro-meteorological station. Around 7:30 pm, the rainfall was recorded at 102 millimeters in District 1, 80.4 millimeters in Thu Duc, and 50 millimeters in Binh Chanh District. Thousands of vehicles are stuck in traffic at the Hang Xanh Intersection in Binh Thanh District, Ho Chi Minh City, August 15, 2022. Photo: Phuong Quyen / Tuoi Tre The torrential rain caused severe flooding along multiple streets and significantly exacerbated traffic jams during the rush hours. At Chu Y Bridge connecting District 5 and District 8, commuters were stuck in traffic for over an hour due to the heavy downpour. … [Read more...] about Heavy downpour sinks streets, exacerbates traffic jams in Ho Chi Minh City

Ha Long pilots settlement of administrative procedures at post offices. - Illustrative image (Photo: VNA) Quang Ninh (VNA) – Authorities of Ha Long city of the northern province of Ha Long on August 15 piloted the implementation of administrative procedure at post offices in the locality. Under the pilot project, post offices are to process a number of district-level administrative procedures in Ha Long. The project aims to further improve the quality of service to the people, making it easy for them in carrying out administrative procedures, helping reduce the time for travel and minimise bureaucracy and negativity among officials and civil servants. It is also expected to concretise guidelines and policies of the Party and State in digital transformation, building a digital government, economy and society; and promote the role of the public postal service in applying digitalisation in performing administrative services. In the first phase, the project will focus … [Read more...] about Quang Ninh: Ha Long pilots settlement of administrative procedures at post offices

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - Prime Minister Pham Minh Chinh suggested Qatar step up investment cooperation with Vietnam in infrastructure development, oil, renewable energy, green technology and digital transformation while hosting visiting Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani on August 15. Qatari Deputy PM and Foreign Minister Qatar Sheikh Mohammed bin Abdulrahman Al-Thani pays a courtesy call to Prime Minister Pham Minh Chinh on August 15. (Photo: VNA) PM Chinh highly spoke of the progress the two countries have made in their multifaceted partnership and active mutual support at multilateral forums. Congratulating Qatar on the signing of the instrument of accession to the Treaty of Amity and Cooperation (TAC) of ASEAN, the PM said Vietnam backs a close, effective and comprehensive cooperation between ASEAN and Qatar. Read full story - … [Read more...] about ☀️ Morning digest August 16