Da lat

The HCMC-based firm announced that it would sell over 16 million shares, or 43 percent of the stake it currently holds in the Foreign Trade Development & Investment Corporation of Ho Chi Minh City (Fideco). It said it hopes for a selling price of at least VND12,000 ($0.52) per share for a turnover of around VND200 billion. Fideco shares have been traded on the local bourse at prices of VND11,500-13,000 in the last two months. A few days earlier, Thuduc House registered to transfer all of its stake in the Golden Lotus Securities Company (GLS) for VND5,000 per share. A sale of over three million GLS shares will fetch the corporation around VND15 billion. Earlier, the property developer had sold all its entire stake in three local firms of the Tam Binh Thu Duc Service Limited Company, the Song HyGia Lai Limited Company, and the VicoQuang Tri Investment & Mineral Joint Stock Company. Thuduc House’s rapid disinvestment follows the company being ordered in late 2020 to pay … [Read more...] about Thuduc House sells stakes in divestment spree

After abdicating, Emperor Bao Dai handed over his sword and seal, which symbolize the power of the dynasty, to the revolutionary government. Unfortunately, these items went missing during the Vietnam war of resistance against the French. Close-up of the “Hoang De Chi Bal” seal, made of gold, weighing nearly 11kg. (Archive photo). Under the monarchy, the king’s sword and seal are the symbols of the supreme power. There are several kinds of seals made of silver, gold, or gems, but in general they are called “bao ty”. According to ancient documents, the Nguyen dynasty (1802 - 1945) used over 20 seals with different functions and meanings. For example, the “Ngu Tien Chi Bao” seal is used to seal the king’s instructions and edicts with the contents being erased or to seal at adjacent places on two important documents. The seal named “Sac Menh Chi Bao” was used in decrees or “sac phong” (documents conferring a title on somebody). The seal named “Che Cao Chi Bao” … [Read more...] about The precious sword and seal of the Nguyen Dynasty

Corals and caves Ninh Thuan, with its coast and forests, has ideal conditions for tourism development, said the provincial People’s Committee Chair Tran Quoc Nam. Ninh Thuan is home to ancient rare and precious coral reefs, which only emerge on the water surface from May to the end of July, especially on the 1st and the 15th day of the lunar month creating spectacular scenery. Ninh Thuan is also famous for Nui Chua National Park with its tropical landscapes and climate conditions, including dwarf forests on rocky mountains, mineral springs, white sand beaches, colorful coral reefs, and spectacular caves, all making up a unique, rare ecosystem, Nam said. The picturesque Hang Rai The 31,000-hectare Nui Chua National Park is the only place in Vietnam with a dry forest ecosystem, attracting sea turtles in the annual spawning season. The park also accommodates Vietnam’s largest coastal coral reefs and boasts one of the most beautiful and pristine coasts in the central … [Read more...] about Ninh Thuan Province: A sleeping beauty awaiting tourism investors’ kiss

This month Dreamplex, which has five coworking spaces in Hanoi and HCMC, unveiled a service called temporary office for companies with a payroll of at least four. With three facilities in HCMC, cirCo recently provided an online meeting solution for firms that lack equipment and technicians. A few days before HCMC mandated social distancing in early June, Toong inaugurated a new 1,250sq.m coworking space in District 3 after an earlier one in March in District 1. Its CEO, Duong Do, said 75 percent of the new office in District 3 was booked even before it opened. "The pandemic has helped us become sharper and more flexible in designing our services," he said. Early last year, Toong’s occupancy rate was 80 percent in HCMC and 70 percent in Hanoi, but since mid-2020 they have risen sharply. The number of clients in the capital has tripled during the pandemic, with revenues rising by some 15 percent in 2020, Do said. Balder Tol, WeWork’s general manager for Australia and … [Read more...] about Coworking space companies respond to Covid with new solutions

There are currently nine lighthouses on Truong Sa (Spratly) archipelago's islands, namely Son Ca, Nam Yet, Sinh Ton, Da Lat, Da Tay, An Bang, Song Tu Tay, Tien Nu and Truong Sa Lon. In addition to ensuring maritime safety in the surrounding territorial waters, these lighthouses have also affirmed Vietnam's sovereignty over seas and islands. The 28 metre lighthouse on Son Ca island was put into operation in August 2010. It operates from 5:30pm to 5:30am on the next day. (Photo: Phan Sau-Thang Trung-Sy Tuyen/VNA) Built in 2013, the 24.9-metre-high Nam Yet lighthouse lights up the waters of the East Sea, guiding vessels operating in the waters off the coast of Khanh Hoa province. (Photo: Phan Sau-Thang Trung-Sy Tuyen/VNA) Built in 2013, the 24.9-metre-high Nam Yet lighthouse lights up the waters of the East Sea, guiding vessels operating in the waters off the coast of Khanh Hoa province. (Photo: Phan Sau-Thang Trung-Sy Tuyen/VNA) The … [Read more...] about Lighthouses affirm Vietnam’s sovereignty over seas and islands