He also warned that buyers should think twice about a new development model known as a “farmstay”, which has appeared in satellite provinces in recent years. “Land for farmstays is all agriculture land, which can be used only for farming. If buyers invest in this model, their capital investment would be kept for long time and they would face difficulties when investments cannot be recycled,” Nam added. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Domestic transfer pricing
Hanoi street full of Tet colours
Hang Ma Street is a popular place for people to buy decorations for Tet. These days, it is easy to see a range of decorations such as lanterns, parallel sentences and fake flowers. … [Read more...] about Hanoi street full of Tet colours
Hoa Binh culture on show in downtown Hanoi
Hanoi (VNA) - Various cultural features of ethnic minority groups in the northern province of Hoa Binh were showcased in Hanoi’s pedestrian area around Hoan Kiem Lake over the weekend. Dubbed Hoa Binh Province’s Culture and Tourism Festival, the event gathered thousands of representatives from the province performing art, gongs, offering cuisine and local delicacies, folk games and displaying artful photos. Addressing the opening ceremony on January 22 night, Chairman of the Hoa Binh People’s Committee Bui Van Khanh said Hoa Binh civilisation is famed all over the world and the province also hosts an honourable revolutionary tradition and diverse natural resources. The province is home to six ethnic minority groups, who have made up distinctive indigenous cultural features, he said. He called Hoa Binh a beautiful land created by mountains, hills and the magnificent Da River. The Hoa Binh Hydropower Lake offers a romantic landscape with hundreds of green … [Read more...] about Hoa Binh culture on show in downtown Hanoi
Vietnam police bust prostitution ring that charged $7,000 for sex tour
At around 9:30 pm on Thursday, officers under the Ministry of Public Security, in coordination with the Hanoi police department, caught red-handed two sex workers and their clients at an apartment in Ba Dinh District. … [Read more...] about Vietnam police bust prostitution ring that charged $7,000 for sex tour
Bao Minh Insurance plans to divest from MBB
In the third quarter, MBB reported an increase of 6.1 per cent year-on-year to more than VND6,735 trillion in revenue. The bank’s profit after tax rose 8.3 per cent to VND2.357 trillion. In the first nine months of last year, the profit after tax climbed 6.4 per cent year-on-year to nearly VND6.332 trillion. … [Read more...] about Bao Minh Insurance plans to divest from MBB