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    A PSI project model implemented in Phú Thành Commune, Nghệ An Province is displayed at a conference in Hà Nội. VNS Photo   HÀ NỘI — Tighter regulations are needed to ensure good quality water is sourced for years to come. That was the message delivered by Nguyễn Thị Hồng Khánh, from the Ministry of Construction’s Technological Infrastructure Department. She believes a solid legal framework is necessary to make sure there is plenty of water for future generations. “We need a scheme for the Water Supply Law, and submit it to the Government and the National Assembly,” Khánh said. “It is needed to survey and catalogue important sources to have an effective protection, exploitation and use plan.” There are more than 200 water supply enterprises, mainly operating as joint stock companies. The national programme to ensure water supply and prevent water … [Read more...] about A legal framework for water supply essential in Việt Nam

The State Bank of Viet Nam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms. According to the SBV, after reviewing the business performance of banks in the first half of this year, it saw the corporate bond investment of some banks facing risks as the ratio of such investment was high and is continuing to rise. Notably, the amount of bond investment in construction and real estate firms at some banks accounted for a large proportion of the banks’ total assets while the real estate market has not yet recovered firmly and the business performance of realty firms still faces many difficulties. In addition, some banks also invested in bonds with other purposes, such as to restructure debts of issuers, which have high risks. In order to ensure the safety of the banking system and limit risks in corporate bond investment, under the direction, SBV required banks to review their internal regulations related to … [Read more...] about VN banks warned about risks of real estate corporate bonds

Deputy PM Vuong Dinh Hue, head of the Steering Committee for international economic integration, will pay official visits to the U.S., Brazil and Chile from June 25-July 6.  Deputy PM Vuong Dinh Hue He will be accompanied by Minister of Transport Nguyen Van The, deputy head of the Central Economic Commission Tran Sy Thanh, Deputy Minister of Foreign Affairs Ha Kim Ngoc, Deputy Minister of Planning and Investment Vu Dai Thang, Deputy Minister of Industry and Trade Do Thang Hai, Deputy Minister of Finance Huynh Quang Hai, Deputy Minister of Agriculture and Rural Development Ha Cong Tuan, Deputy Governor of the State Bank of Viet Nam Nguyen Thi Hong and Vice Chairman of the Government Office Nguyen Sy Hiep. The Deputy PM’s official visit to the U.S. from June 25-27 aims to maintain and enhance the two countries’ diplomatic relations, affirming Viet Nam’s wish to accelerate cooperation with the U.S. within the Comprehensive Partnership, and seeking ways … [Read more...] about DPM Hue to visit U.S., Brazil, Chile next week

HONG KONG, CHINA - Media OutReach - 6 December 2019 - The Hong Kong Institute of Housing ("HKIH") is proud to become one of the Recognized Professional Bodies (RPBs) of the Property Management Services Authority ("PMSA"). Since the enactment of the Property Management Services Ordinance (Cap. 626) ("PMSO") by the Legislative Council on 26 May 2016, HKIH has been very involved in all consultations/discussions relating to PMSO subsidiary legislations formulation. Among which,  HKIH took the lead in gathering views and suggestions from its professional members and other closely related professional institutions/associations in order to attain comprehensive and feasible recommendations for PMSA's serious consideration. Recently, representatives from HKIH were also invited to attend and offer professional and pragmatic advice during a code of conduct (general and conclusive) focus group meeting in August 2019. HKIH is proud to become one of the first batch of RPBs … [Read more...] about The Hong Kong Institute of Housing becomes one of the Recognized Professional Bodies of the Property Management Services Authority

  Snow has appreared on Fansipan Mount Peak in Sa Pa Town, northern mountain province of Lạng Sơn. — VNA/VNS Photo Quốc Khánh SA PA — Tourists are flocking to Sa Pa Town in the northern mountain province of Lào Cai to enjoy the first drops of snow due to a cold spell currently overwhelming the region. The cold started to hit Sa Pa and some others nearby localities including towns of Bắc Hà and Phố Ràng since the beginning of the month and was forecast to continue in the coming days. A group of tourists are enjoying the first drops of snow on the Fansipan Mount. — VNA/VNS Photo Quốc Khánh Snow has particularly covered Fansipan Mount, Việt Nam’s highest peak, 9km southwest of Sa Pa. As of Wednesday morning, local weather services were reporting temperatures dropped to 1.2 degrees Celsius in Sa Pa Town. Snow is covering over many areas in Sa … [Read more...] about Tourists heading to Sa Pa for the snow