Central vietnam

Over the past few days, downstream areas of the Ba Ha River in the south central province have been flooded due to heavy rains and upstream hydropower plants opening their floodgates and discharging water in high volumes. Many people say the floods came too quickly and the plants failed to inform them in time. Tran Ly, general director of the Ba Ha River Hydropower Joint Stock Company, said the Central Highlands region has been experiencing heavy rains over the past few days, prompting two hydropower plants upstream the Ba Ha River plant to open their floodgates, resulting in water rushing down at 10,000 cubic meters per second. As the Ba Ha River plant is the last one downstream, it is forced to open its floodgates as well, Ly explained. Last Tuesday, the Ba Ha plant raised its released water volume from 4,000 m3/s to 9,000 m3/s over seven hours, an accumulated volum of tens of thousands of Olympic swimming pools. It had to do so to control water levels in its reservoir …

Continue Reading about Hydropower plants worsen central Vietnam flooding →

Doan Van Hoat (L), general director of Van Xuan Group, receives the award from the organizing committee. Photo by Van Xuan Group Doan Van Hoat, general director of Van Xuan Real Estate Group JSC, said the award symbolized the company’s enduring efforts to conceive and deliver the project, a boost for itself and its employees. "The award recognized Van Xuan Group's endeavor to create high-quality projects and would motivate customers to engage with its future products," Hoat emphasized. Held by PropertyGuru, Asia’s leading real estate technology corporation, Vietnam Property Award – PropertyGuru 2021 is one of the biggest and most prestigious real estate events in the region. While the winners were selected by an independent and highly specialized panel, the awarding process itself was also closely monitored by AASC-HLB Vietnam’s audit team to ensure fairness and transparency. Happy One Central is located in the central business district and is one of the few significant …

Continue Reading about Happy One Central named best condo development in Binh Duong →

Vice chairman of Đà Nẵng City's people's committee, Lê Quang Nam is elected as the new president of the Partnerships in Environmental Management for the Seas of East Asia for the 2022-2025 term. — Photo courtesy of Lê Vũ Hoàng Trang ĐÀ NẴNG — Vice chairman of Đà Nẵng City’s People’s Committee Lê Quang Nam was elected as the new president of the Partnerships in Environmental Management for the Seas of East Asia (PEMSEA) for the 2022-2025 term. The vote took place during the annual forum of the PEMSEA Network of Local Governments for sustainable coastal development (PNLG) hosted by the Provincial Administration Preah Sihanouk in Cambodia on Wednesday. The forum had representatives of 52 local government members from 10 countries -- Cambodia, Indonesia, Japan, Malaysia, the Philippines, South Korea, Thailand, Timor-Leste and Việt Nam -- along with associate members, NGOs and development agencies. Đà Nẵng has made significant contributions to the effective management of …

Continue Reading about Central city takes PEMSEA president role →

A total of 86 students aged 15 to 17 were hospitalized over their reactions after COVID-19 vaccination in a province in Vietnam on Wednesday, before being discharged one day later. Authorities in Hoang Hoa District, Thanh Hoa Province began administering first doses of Pfizer-BioNTech vaccine to 6,690 students from 15 to 17 years old in 37 communes and towns on Wednesday, according to the district’s steering committee for COVID-19 prevention and control. The inoculation campaign was planned to run through Thursday, according to the district’s plan. On Wednesday evening, 86 students were hospitalized due to postvaccinal reactions, the steering committee said. School administrators and families rushed them to the nearest medical facilities after they showed signs of nausea, headache, dizziness, and chills. The students are being monitored at three hospitals in Hoang Hoa, with their health having stabilized. They were thus discharged from the hospitals, health authorities …

Continue Reading about 86 teens hospitalized following COVID-19 vaccination in Vietnam →

November CPI up 0.32 percent The Consumer Price Index (CPI) in November was up by 0.32 percent compared to October, according to the General Statistics Office (GSO). It was driven by the hikes of prices of petrol and gas across the globe, as well as consumer goods and services in localities in the new normal. Among 11 groups of main commodities and services, nine experienced rising prices. In the first 11 months, the CPI went up 1.84 percent compared to the same period last year, the lowest level since 2016, attributed to the fuel price hikes by 30.32 percent year-on-year, after 20 adjustments. Housing and construction materials posted a year-on-year expansion of 6.8 percent and education grew 2.44 percent. Meanwhile, foodstuff inched down 0.52 percent and electricity prices dropped 1.06 percent against the same period last year. As COVID-19 prompted travel restrictions, air ticket prices fell 21.39 percent while travel package slipped 2.42 percent. Core inflation in …

Continue Reading about VIETNAM BUSINESS NEWS NOVEMBER 28 →

An overview of the conference. (Photo: VNA) Hanoi (VNA) – A conference was held via videoconference on December 2 to discuss development trends of ethnic and religious issues in the Central Highlands and policy orientations, which drew a large number of specialists and researchers. Addressing the event, Pham Minh Tan, Standing Deputy Secretary of the Party Committee of Dak Lak province, said that the five Central Highlands localities – Kon Tum, Gia Lai, Dak Lak, Dak Nong and Lam Dong, are home to more than 5 million people from different ethnic groups and religions who have lived in harmony and made great contributions to the localities’ development. However, he noted that some ethnic minority communities in the region have still faced many difficulties with a high ratio of poor households. Meanwhile, hostile forces have continuously abused ethnic and religious issues to sabotage the Party, State and administration, he added. Tan underlined the significance of the conference …

Continue Reading about Conference discusses ethnic, religious policy orientations in Central Highlands →

Vietnam among markets driving future trade growth: Standard Chartered A recent research by Standard Chartered has listed Vietnam among the 13 markets driving future trade growth, and with its enhanced integration into the global economy, the country is holding numerous advantages for bolstering export. In its research, titled “Future of Trade 2030: Trend and markets to watch”, the bank forecast Vietnam will record an average annual exports growth rate of 7 percent to earn 535 billion USD in revenue in 2030. Notably, up to 41 percent of the global firms surveyed by Standard Chartered are operating in Vietnam or planning to invest in the country in the next five to 10 years. The US and China will remain the largest export markets of Vietnam, respectively accounting for 26 percent and 19 percent of the Southeast Asian country’s total exports by 2030. Meanwhile, shipments to India are also projected to grow fast, by 11 percent annually between 2020 and 2030. With …

Continue Reading about VIETNAM BUSINESS NEWS DECEMBER 2 →

Online Friday 2021 to open on December 3 The Vietnam E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT) on November 26 announced an e-commerce week and the Vietnam Online Shopping Day – Online Friday 2021. The Online Shopping Week will be held from November 27 to December 5 while the Vietnam Online Shopping Day – Online Friday 2021 is scheduled for December 3 nationwide. Vietnam will work toward incorporating its Online Shopping Day with the online shopping event in the region to catch up with trans-border e-commerce trend as well as step up cashless payment, thus laying a foundation for authorities to suggest policies in support of enterprises in promotional activities. Consumers across the country could visit the website https://onlinefriday.vn and Online Friday app to acquire information about discounts and promotion programmes by participating firms and shop at websites and apps of others. The online shopping day was started in 2014./. …

Continue Reading about VIETNAM BUSINESS NEWS NOVEMBER 29 →

Illustrative image (Source: Sputnik) Moscow (VNA) - Nguyen Thi Hoang Van , deputy head of the Party Central Committee's Commission for External Relations, on December 1 and 2 held meetings with leaders of the United Russia Party (URP), the Communist Party of the Russian Federation (KPRF) and the A Just Russia – For the Truth party. During the meetings, which took place in the framework of the official visit to Russia by President Nguyen Xuan Phuc , Van said the Communist Party of Vietnam (CPV) always attaches importance to cooperation with Russia’s political parties, and collaboration via the Party channel, thus contributing to strengthening the Vietnam-Russia comprehensive strategic partnership in an effective and pragmatic manner. She handed over a message of congratulation from Party General Secretary Nguyen Phu Trong to URP leaders on the occasion of the party's 20th anniversary. Deputy Secretary of the URP's General Council Andrey Klimov affirmed that Vietnam …

Continue Reading about Vietnam fosters cooperation with Russian political parties →

Illustrative image (Source: VNA) Hanoi (VNA) – The Vietnam Economic Forum 2021 is scheduled to take place at the International Convention Centre on December 5, the National Assembly’s Office announced at a press conference on December 2. The event will be co-organised by the NA’s Committee for Economic Affairs, the Party Central Committee’s Economic Commission and the Vietnam Academy of Social Sciences. According to Nguyen Minh Son, deputy head of the NA’s Committee for Economic Affairs, the forum will review Vietnam’s economic development in 2020-2021, and policies adopted to cope with the COVID-19 pandemic. Specifically, it will give insight into the trend of economic restructuring and changes in production and business models due to pandemic impacts, along with policies that have been rolled out in the world to tackle COVID-19, thus withdrawing lessons for Vietnam in this regard. Delegates are expected to propose solutions, focusing on both short and …

Continue Reading about Vietnam Economic Forum scheduled for December 5 →