Travel businesses and banks sign loan contracts with a preferential interest rate. The event attracted 18 banks and more than 100 tourist companies that discussed about policies for supporting businesses affected by Covid-19. It was a chance for banks to join hands with the municipal government to implement recovery solutions to resume economic, tourism, and service activities under guidance on "Safe adaptation, flexibility, and effective control of the Covid-19 pandemic”. Deputy Director of the HCMC Department of Tourism Bui Thi Ngoc Hieu said that after five months of the reopening of tourism in the new normal state, the country’s tourism has gained important achievements. However, the sector is still facing difficulties in approaching loan capital, especially travel firms. The Tourism Department of HCMC has proposed commercial banks consider flexible and diversified loaning mechanisms, unsecured loans based on tourism businesses’ efficient operations; cooperation for … [Read more...] about Pandemic-hit travel firms enjoy loans with preferential interest rates
Standard chartered z block branch
Vietnamese female pop star wows American online music publication
"The latest album from the Vietnamese pop artist is an empowering statement of purpose, at its best when pairing evocative storytelling with theatrical, large-scale production." Pitchfork compliments the 34-year-old artist for writing songs "replete with messages about finding joy in every moment" and hails her "slick" ability to maneuver between rapping and singing. The album review pointed out that her music has become more distinctive while encompassing inspiration from a wide range of cultures. It incorporates grandiose instrumentation; racing synth melodies and trap drums; rattling percussion and pogoing electronics; breezy disco-funk and filler words "la la la" that appear throughout traditional folk songs. "Her playful navigation of Vietnam past and present, something central to her art, exists even here." "Link" received a score of 7.2, no little achievement compared to Pitchfork’s high standards. This is the third Vietnamese album ever reviewed by Pitchfork , … [Read more...] about Vietnamese female pop star wows American online music publication
Germany state conditions to accept Vietnam’s new passport
The decision, announced on the German Embassy’s website, takes immediate effect, but will only apply for "a transitional period" with the expectation that Vietnam will soon take necessary measures to add the place of birth to all passports. "This decision was made to facilitate convenient and safe travel between Vietnam and Germany," said the statement. The German Embassy also said the issuance of long-term residence visas will be paused until a new decision is made. The Vietnamese Embassy in Germany said on Monday that the German Foreign Ministry would issue a visa for a new model passport of Vietnam that has included place of birth. Earlier, Germany, Spain, Finland and the Czech Republic rejected the new Vietnamese passport because it does not show the place of birth of the holder. Spain requires new passport holders to submit a valid ID to prove their place of birth. The US also required people who are preparing to apply for a visa to ask the authorities to add information … [Read more...] about Germany state conditions to accept Vietnam’s new passport
Partnerships key to green transition
While 2020 was one of the warmest years on record globally, Vietnam has just gone through another historical year of climate extremes. Last November was also decisive for the future of the planet as countries officially submitted their climate pledges at the COP26 climate summit. Dao Xuan Lai, head of Climate Change and the Environment at the United Nations Development Programme (UNDP) in Vietnam We see a skyrocketing demand for natural resources while witnessing the collapse of functioning ecosystems. You only need to drive a couple of hours outside of Hanoi towards Ninh Binh province with its iconic limestone clasts, synonymous with the beauty of northern Vietnam, to see these emblematic features being devoured by machinery to be used for stone mining and cement production. By 2050, global demand for materials such as plastics, steel, or cement is projected to increase by a factor of 2-4. More than 50 per cent of the world’s emissions can be traced back to our … [Read more...] about Partnerships key to green transition
☀️ Morning digest on August 19
Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. -Vietnam and Kazakhstan should enhance cooperation in areas of good potential such as agriculture, tourism and transportation, President Nguyen Xuan Phuc said at a reception for Kazakh Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi in Hanoi on August 18. He spoke highly of the visit to Vietnam by the Kazakh official on the occasion of the 30th anniversary of bilateral diplomatic ties, and noted his belief that the visit will contribute to consolidating and promoting the traditional friendship and cooperation between the two countries. Read full story -Meanwhile, Prime Minister Pham Minh Chinh affirmed Vietnam always treasures its traditional friendship and multifaceted cooperation with Kazakhstan during his meeting with the Kazakh Deputy Prime Minister and Foreign Minister the same day. PM Chinh suggested the two sides further promote the exchange of delegations … [Read more...] about ☀️ Morning digest on August 19
Exciting events mark NovaGroup’s 30th anniversary
A series of exciting events to celebrate NovaGroup's 30th birthday is being organised from August 16 to September 30 at the Novaland Gallery at 2Bis, Nguyen Thi Minh Khai, District 1, HCM City. During this period, visitors will have the chance to experience a new space with a unique appearance. A giant cake model has been set up in front of the gallery to mark NovaGroup's birthday. It also symbolises the group’s efforts to bring value to customers and demonstrate its determination to develop sustainably. Inside the gallery is a miniature luxury yacht that simulates yacht marinas at Novaland’s projects. The yacht stations are among the facilities that bring a unique, high-class living experience to residents of NovaGroup’s projects. Besides, Novaland Gallery is also the place to organize meetings to share and update new information about NovaGroup as well as its subsidiary companies, and special events such as music concert with the participation of various popular … [Read more...] about Exciting events mark NovaGroup’s 30th anniversary
Local retail market share battle heats up
At the 2022 Emart Partners Day in Ho Chi Minh City last week, which was attended by more than 500 suppliers, THACO chairman Tran Ba Duong said the chain aims to have 20 stores across the country and revenues of $1 billion by 2026 to become the hypermarket chain with the largest market share in Vietnam. Local retail market share battle heats up, illustration photo THACO is one of the largest private groups in Vietnam in the automobile industry with nearly 25 years of experience. In addition to the core business, it also expanded into the retail sector after completing the acquisition of South Korea’s Emart Inc’s business in Vietnam in September last year. “The Emart Go Vap hypermarket soon became a top supermarket in Vietnam in terms of revenues and number of customers, reaching $69.5 million in revenue in 2021. Thus, it is not too ambitious to set the goal of $1 billion for 20 supermarkets,” explained Duong. Before being part of the THACO ecosystem, Emart has … [Read more...] about Local retail market share battle heats up
Core5 Hai Phong to offer 96,000 sq.m of warehouses for lease
At the construction site of Core5 Hai Phong (Photo: VNA) Hai Phong (VNA) - Indochina Kajima Development Company , a joint venture between Vietnam's Indochina Capital and Japan’s Kajima Corporation , on August 19 began the construction of Core5 Hai Phong at the Deep C2 Industrial Zone in the northern port city of Hai Phong. Core5 Hai Phong is expected to provide 96,000 sq.m of warehouses for lease that meet international standards. The handover the warehouses is scheduled for the second quarter of 2023. Indochina Kajima officially launched Core5 Vietnam, a Vietnam based industrial real estate investment and development platform focused on the nationwide roll-out of world class factory and warehouse properties for lease throughout Vietnam’s key manufacturing and logistics markets, on July 6. Peter Ryder, Chairman of Wink Hotels and CEO of Indochina Capital , said Kajima and Indochina Capital plan to invest 1 billion USD in Core5 Vietnam in the next five-seven … [Read more...] about Core5 Hai Phong to offer 96,000 sq.m of warehouses for lease
Vietnamese and Russian teams win gold medals of “Emergency Area” contest
This is the first time that the Vietnamese contingent has won a gold medal of the “Emergency Area” contest. This is also the first time in the history of the Army Games that two teams have pocketed gold medals in a contest. In this year’s event, the silver and bronze medals were presented to the teams of Belarus and Mali, respectively. On the afternoon on August 17, the “Race to Victory” event within the “Emergency Area” contest saw a fierce competition between the Vietnamese and Russian troops. Their persuasive performances helped them win this year’s contest. The “Emergency Area” contest within the Army Games 2022 took place in Vietnam from August 15 to 19 with the participation of six contingents from Belarus, Congo, Myanmar, Mali, Russia and the host Vietnam. During the event, the participating teams completed in 11 parts, namely moat with water, wall with a net, blocked passage, special course, putting on individual protection equipment, the locked door, firefighting, … [Read more...] about Vietnamese and Russian teams win gold medals of “Emergency Area” contest
Meeting reviews and promotes CMC – HPC standing boards’ coordination
Vice Secretary of the CMC and Minister of National Defense General Phan Van Giang and Secretary of the HPC and Secretary of the Hanoi Capital Command’s Party Committee Dinh Tien Dung co-chaired the meeting. At the event, the two sides agreed that since 2017 they have jointly led the comprehensive implementation of the military and defense tasks and local socio-economic development, contributing to achieving all targets set in the 12th National Party Congress’s resolutions, and realizing resolutions adopted at the 13th National Party Congress, the 11th Military Party Congress, and the 17th Congress of Hanoi Party Committee. They have also directed the further building and consolidation of all people’s defense posture and people’s security disposition, and firm defensive area of the capital. Their effective collaboration has helped build a comprehensively-strong local military force with more modern materiel, high synergy, and high combat strength. In particular, a regular force is … [Read more...] about Meeting reviews and promotes CMC – HPC standing boards’ coordination