"What we [tried to do] was provide additional information to enable authorities to check, supervise and clarify evaluation and approval procedures to determine the environmental impacts of projects in forest and sea areas that need to be preserved for future generations," the newspaper wrote. … [Read more...] about HCMC newspaper pays steep price for criticizing property developer
Paying the price
This time is the peak time for salt harvesting but the atmosphere in many salt evaporation ponds in the province is not very buoyant. Under the sultry heat of May, Mrs. Huynh Thi Nam, a 53-year-old salt farmer in Hamlet 4 in Long Son Commune in Vung Tau City, was shoveling salt to a handcart to transport salt to the shore. Pointing at a huge pile of salt, she said that it is the working result of her and her husband in seven months on 1.2 hectares of rented salt-farming land. After paying the landlord 15 tons of salt, the couple has around 35 tons of coarse salt left. However, the price of salt this year is low, at around VND500 per kilogram, merely half of that in the previous year so salt farmers suffer huge losses. The Department of Agriculture and Rural Development of Ba Ria – Vung Tau Province admitted that the salt production of this year was more than 47,690 tons, achieving 86.8 percent of the plan. Due to the impacts of the Covid-19 pandemic, salt consumption markets of … [Read more...] about Salt farmers in need of financial support
To placate his family, Bae invited another South Korean friend to join him on the trip, which cost him VND21 million ($900), including a new VND2.8 million bike. On hitting the road, he only brought three sets of clothes, a little cash and a credit card. … [Read more...] about South Korean student cycles across Vietnam
According to Dr. Vu Dinh Anh, deputy head of the Ministry of Finance’s Price and Market Research Institute, this was a measure to gradually tighten control of monetary policy. As a result, credit rose 33 percent in October and 34 percent in November. It might even reach 40 percent by the end of this year if things are still under control. … [Read more...] about Increase basic interest rate – a good therapy for national economy
Saebel: Local tourism can certainly offer a certain supply of customers; however, with the massive hotel expansion which we have experienced over the last few years, it is impossible to fill rooms in a profitable way. We certainly see reluctance in F&B sectors, with once crowded restaurants currently sparsely occupied. During times of emergency, people tend to lean toward frugality and the luxury of a hotel stay becomes an unnecessary expense. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?