New normal

Vinhomes activates the “Happy Home” program for apartment owner – lessee connection at stage 2 Vinhomes to officially launch The Miami subdivision in Hanoi's west UNLOCKING THE SYNERGIES OF URBAN BRANDED RESIDENCES IN VIET NAM CT Group shares its experiences in fighting COVID-19 TechX Corporation named 2021 AWS Consulting Partner of the Year in Vietnam As old strategy becomes outdated and unsuitable to the new economic environment as a result of COVID-19, the change needed for further sustainable development is a challenge that most real estate developers have to overcome. Despite the complicated development of the COVID-19 pandemic, the housing market in Ho Chi Minh City and Hanoi recorded encouraging results in the first half of 2021. In the primary market, the number of successful transactions rose by 28 per cent in HCM City and 20 per cent in Hanoi. In the reporting period, more than 7,900 newly-built apartments were sold in Hanoi, 10 per cent …

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The 15th National Assembly convened its first session in Hanoi on the morning of July 20, at a time when the country is facing numerous difficulties and challenges from its fourth COVID-19 outbreak. People around the country have expressed a desire that the leaders of the 2021-2026 tenure take stronger measures to effectively control the pandemic and return life to some semblance of normal. Vietnam has reported over 105,000 COVID-19 cases since the fourth outbreak began on April 27. Many localities nationwide have introduced social distancing measures to curb the spread of the virus. During its session in Hanoi on July 27, the National Assembly mulled over investment policies in the National Target Programme on Sustainable Poverty Reduction and the National Target Programme on New-Style Rural Development for the 2021-2025 period./. VNA …

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HEAD START: Liverpool’s Andy Robertson challenges Tottenham’s Lucas Moura for a header. AFP Photo Paul Kennedy As with just about every activity these days, because of COVID-19, pre-season football is that little bit different. In years gone by, around this time we normally see the likes of Manchester United playing in front of packed stadiums in Asia, Liverpool touring the United States, and even Premier League teams travelling to the other side of the world on a money-spinning and brand awareness tour. But this time around Liverpool are playing in Austria rather than Australia, Arsenal played games in Scotland, and United, for the most part, stayed at home. For me, this is not really that big of a deal. Sure, it’s sad that so many overseas supporters, who live far from home, can’t see their teams play, but from a selfish, supporter’s point of view, a training camp an hour or so away is far better than a 24 hour flight for the players who, let’s face it, are there …

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Vegetables being loaded into a bus belonging to Bảo Yến Construction Services Tourism Co., Ltd. in HCM City last week. Five such buses are being used to distribute vegetables around the city. – VNA/VNS Photo HCM CITY — I was surprised to receive a call from an American friend who lives in Singapore, asking about the pandemic situation in HCM City, Việt Nam’s current COVID-19 epicentre with a daily record of thousands of cases. He was concerned that the situation could spin “out of control”, comparing it to India or Indonesia. I told my friend that he had called at a good time as I had just read a news story from the Singapore-based The Straits Times, headlined “Vietnam grapples with public frustration over Covid-19 pandemic missteps and transparency”, mentioning the growing unhappiness about the pandemic control measures. The story, I believe, described the situation in a superficial way. I have closely observed the global situation, especially in the US, EU and Asia …

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Securities firms cautious on directionless stock market Viet Nam’s stock market struggled to find direction last week as liquidity fell continuously and foreign investors net sold a value of more than VND2.22 trillion (US$96.6 million), causing analysts from securities firms to have cautious views of the market this week. On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index inched down in the last trading session to 1,268.83 points, while the HNX-Index on the Ha Noi Stock Exchange (HNX) plunged to 301.77 points. For the week, the VN-Index lost 2.34 per cent and the HNX-Index plummeted 1.95 per cent. Both benchmarks had declined more than 4 per cent since the close of trade Monday. The liquidity on both exchanges declined compared to the previous week. It was lower than the recent 20-week average, with a value of VND20.5 trillion per session. The trading value on the HOSE decreased by 5.2 per cent to VND91.54 trillion, equivalent to a drop of 4 per cent in …

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Banks set conditions to lower interest rates The recent news by several Commercial Banks to lower lending interest rates can be considered good for businesses in particular and the economy in general. However, lowering loan interest rates is difficult to achieve. Deputy Governor Dao Minh Tu of the State Bank of Vietnam had assigned the Vietnam Banks Association (VNBA) to gather consensus on reducing of interest rates. After VNBA held an online meeting, a record sixteen Commercial Banks agreed to reduce interest rates to support businesses facing difficulties during the current ongoing Covid-19 pandemic. It is believed by many, that reduced interest rates at this time will prove to be a salvation for businesses, besides also providing support for banks. In a nutshell, it will be a boon for businesses, and also lend support to debtors in recovering from their debts. If enterprises are in trouble and unable to pay their debts, it causes more bad debts, besides increasing risk …

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A starry sky viewed from the “Rooftop of Indochina" (Photo: VietnamPlus) Hanoi (VNA) - When the COVID-19 pandemic has made you unable to travel anywhere, you can still plan new and different experience s right at your home through what is known as "space tourism”. Booking.com recently has chosen five places out of over 152,000 destinations worldwide, which seem to exist only in space - where if you "get lost" there, you will feel like you are traveling in space or exploring astronomical phenomena without leaving the Earth. Fansipan: Rooftop of Indochina Setting foot on Fansipan Mountain’s top, you can admire a marvelous natural scene (Photo: VietnamPlus) Fansipan Mountain is one of the rare destinations that help visitors get this experience. Known as the ‘Rooftop of Indochina’, Fansipan Mountain is the highest peak in Vietnam and a great choice for your stargazing experience in the country. Far away from the hustle and bustle of city life, Fansipan …

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