Lack of upmarket office space makes HCM City red hot for developers
Lack of upmarket office space makes HCM City red hot for developersThe HCM City office market is rife with opportunities for property developers, especially the grade A and B segments which have been labouring under a shortage for the last couple of months, experts said. The city’s office market is rife with opportunities for property developers, especially the grade A and B segments which have been labouring under a shortage. Several recent reports mention the shortage and affirm that finding grade A or B office space is not easy in the city. The grade B segment saw major absorption. The new tenants are also seeking office space larger than 1,000sq.m.
Source:VietNamNet News
April 09, 2018 08:26 UTC
Localities urged high vigilance in response to forest fires
Localities urged high vigilance in response to forest firesLocalities nationwide have been urged by the Vietnam Administration of Forestry to prepare measures to prevent forest fires and mitigate damage caused by fires. Localities nationwide are urged to prevent forest fires and mitigate damage caused by fires. Forest ranger teams should work with people’s committees to direct and examine efforts to prevent forest fires while forest owners are responsible for upgrading firefighting facilities. Localities must monitor forest fire warnings on the forest protection department’s website: kiemlam.org.vn and any forest fires should be reported to the forest protection department under the Vietnam Administration of Forestry via 098 666 8333. Forest fires have already hit some provinces, including Binh Thuan, Ba Ria-Vung Tau, Lao Chau, Dien Bien and Hai Phong.-VNA
Source:VietNamNet News
April 09, 2018 07:52 UTC
Hanoi to undertake an urgent mission in heritage preservation
Hanoi to undertake an urgent mission in heritage preservationVietNamNet Bridge – Constructed 300 years ago, Co Che Village’s temple in Phuc Tien Commune, Phu Xuyen District boasts sculptures vividly reflecting the local folk life in the distinctive style of the Le Trung Hung Dynasty. Van Mieu (Temple of Literature), a symbolic building of Hanoi, is among a few historical relics enjoying careful preservation. The data of Ha Noi Department of Culture and Information shows that among 6,000 historical sites of the city, 2,000 are damaged. Urgent missionHanoi raises hundreds of billion dong to repair historical relics annually, not to mention investments from the private sector. In the long-term plan to preserve Hanoi culture by 2030, the city expects to restore and repair 70 per cent of national historical relics.
Source:VietNamNet News
April 09, 2018 07:30 UTC
Power is sufficient for upcoming dry season: EVN
Power is sufficient for upcoming dry season: EVNVietNamNet Bridge – While the backbone of Vietnam’s electricity remains hydropower, the State-owned Electricity Viet Nam (EVN) says power supply will be ensured for the coming dry season. Additionally, the group’s affiliate, the National Power Transmission Company, was asked to ensure safe operation and continuous transmission of power grids, especially the 500kV north-south line. In the first quarter, the EVN’s companies completed 41 electricity works nationwide and upgraded transmission stations in many northern and southern provinces. In March, power produced was 17.1 billion kWh, of which commercial electricity was 14.1 billion kWh. Power savingAside from ensuring uninterrupted power, campaigns aiming to encourage the industrial sector and public to save energy will also be ramped up when the weather starts to turn dry and hot.
Source:VietNamNet News
April 09, 2018 07:30 UTC
Ministries disagree on solutions to collect tax from Google, Facebook
MOF has vowed to collect tax from Google’s and Facebook’s earnings in Vietnam, and is drafting a regulation on tax management over e-commerce activities. The tax payments will be carried out under the withholding mode. SBV’s Governor Le Minh Hung said MOF has the legal right to issue regulations, guide tax declarations, and report and collect tax. Lawyer Truong Thanh Duc believes that MOF’s idea is a good solution allowing it to collect tax from Facebook and Google, which remains an impossible mission at this time. The revenue from ads that foreign companies, especially Facebook and YouTube, can collect is estimated to amount to 80 percent of total revenue.
Source:VietNamNet News
April 09, 2018 07:07 UTC
Hue Festival show depicts Hoang Sa sovereignty
Hue Festival show depicts Hoang Sa sovereigntyVietNamNet Bridge – A show in the upcoming Hue Festival, which starts on April 28, will feature performances on Vietnam’s island sovereignty. According to Huynh Tien Dat, deputy director of the Hue Festival Centre, the event’s organiser, the show will be a key part of this edition of the Hue Festival. The Hue Festival is a biennial cultural event taking the first time in 2000. The centre is a local government body managing all relics related to the dynasty in Hue and is the biggest local partner of Hue Festival Centre in creating the event. The show’s first chapter will include scenes depicting the Vietnam’s sovereignty over Hoang Sa.
Source:VietNamNet News
April 09, 2018 06:22 UTC
Korean cueists shine at Asian Carom Billiards Championship
Korean cueists shine at Asian Carom Billiards ChampionshipCueists of the Republic of Korea shone in the three-cushion carom category at the Asian Carom Billiards Championship 2018 held in Ho Chi Minh City on April 8, bringing home the top four prizes. Cho Jae-ho wins first prize in the three-cushion carom category at the Asian Carom Billiards Championship 2018In the final round, Cho Jae-ho defeated his countryman Heo Jung-han 40-28 to win the first prize and pocketed cash worth 2,000 USD. However, Vietnam’s billiard players did not perform well in the three-cushion carom category. In the one-cushion carom category, Vietnam’s Ngo Dinh Nai won the first prize with 1,000 in cash. The third prize went to Vietnam’s Pham Quoc Tuan and Lee Seung-jin of the Republic of Korea, who earned 300 USD each.-VNA
Source:VietNamNet News
April 09, 2018 04:41 UTC
Vietcombank offloads 6.67 million shares in OCB
Vietcombank offloads 6.67 million shares in OCBThe Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will auction off its 6.67 million shares of the Orient Commercial Bank (OCB). The northern bourse said that OCB’s charter capital has reached 5 trillion VND (220 million USD) with more than 110 units nationwide. Last year, the bank earned 816 billion VND (35.9 million USD) in after-tax profit, double the amount in 2016. Meanwhile, lending surged 25 percent to more than 48.1 trillion VND (2.11 billion USD). Apart from OCB, Vietcombank currently holds shares in Eximbank and Military Bank.-VNA
Source:VietNamNet News
April 09, 2018 04:18 UTC
Vehicles required to be sealed with energy labels by 2020
Vehicles required to be sealed with energy labels by 2020Energy labels will be made compulsory for newly-assembled and unused imported automobiles or motorbikes under a draft Circular outlined by the Transport Ministry’s Vietnam Register. Per the draft, vehicles must have energy rating labels before being sold. Statistics showed that there were 3.76 million automobiles and more than 55.1 million motorbikes and motorised vehicles nationwide as of March 15. Energy labeling has long been used in the European Union, the US, Australia, Japan, the Republic of Korea, China, Singapore and India. The circular would make labeling compulsory from January 1, 2020 following a voluntary period until December 31, 2019.-VNA
Source:VietNamNet News
April 09, 2018 04:07 UTC
Syria conflict: Strikes hit Syrian airfield, state media report
Syria conflict: Strikes hit Syrian airfield, state media reportSeveral people have died or were injured after a military airport in Syria came under missile attack, the country's state media reported. It follows international alarm over a suspected chemical attack on the rebel-held town of Douma. But US officials have denied launching a missile attack. "At this time, the Department of Defense is not conducting air strikes in Syria," the Pentagon said in a statement. Both Syria and Russia deny a chemical attack took place, and have reached an evacuation deal with the rebels who hold Douma.
Source:VietNamNet News
April 09, 2018 04:07 UTC
Education ministry calls for safety in schools
Education ministry calls for safety in schoolsVietNamNet Bridge – The Ministry of Education and Training (MoET) has sent a document to leaders of provinces and cities requesting them to secure order and security in schools. The ministry called for strengthening of order in schools and implementation of a code of conduct in all educational institutions. It said close coordination among schools, students’ families and local governments was essential in building a safe, healthy and friendly learning environment. Feedback on the issue can be submitted to the ministry by post, phone (0888.598.666) or email (tiepnhanthongtin@moet.gov.vn). The school has 60 teachers and school staff for 1,500 students.
Source:VietNamNet News
April 09, 2018 03:56 UTC
Robotics, high-tech treatment improves medical care in VN
Robotics, high-tech treatment improves medical care in VNVietNamNet Bridge – High-tech treatments have become an efficient coworker for doctors in diagnosis and treatment in Vietnam, Tran Vinh Hung, the director of Binh Dan Hospital, said at a conference held in HCM City on Saturday. Binh Dan Hospital’s annual scientific conference highlighted the latest high-tech techniques in surgery and medical treatment. “Applying advanced techniques to improve diagnosis and treatment should be done now and in the future,” Hung said. Hung said that scientific and technological progress had helped doctors and experts in the health sector exchange the latest medical knowledge with local and overseas medical staff. As many as 106 presentations were given at the conference, including topics related to urological problems, men’s diseases, emergency aid, cancer, and the latest techniques in imaging diagnosis, anaesthetics and recovery.
Source:VietNamNet News
April 09, 2018 03:56 UTC
No Vietnamese victim reported in car crash in Germany
No Vietnamese victim reported in car crash in GermanyNo Vietnamese citizen was confirmed among the victims in the car crash in Münster city in the German west state of Nordrhein-Westfalen as of 22:00 on April 7 (local time), according to the Embassy of Vietnam in Germany. The embassy said it has been working closely with German authorities and the oversea Vietnamese community in Germany on the incident if any overseas Vietnamese person involved. According to State Minister of Internal Affairs Herbert Reul, the mini-bus driver is believed to be a German national, 49, who was not an extremist and had mental issue. Security has been tightened in Münster and other cities. The German Government has sent condolences to the families of the victims in the incident.-VNA
Source:VietNamNet News
April 09, 2018 03:33 UTC
Moody’s give positive ratings to three commercial banks
Moody’s give positive ratings to three commercial banksMoody’s Investors Service has upgraded the long-term local-currency bank deposits ratings and local- and foreign-currency issuer ratings of three banks of Vietnam from B2 to B1. Moody’s Investors Service upgrades the long-term local-currency bank deposits ratings and local- and foreign-currency issuer ratings of three commercial banks, including Techcombank. The banks include Asia Commercial Joint Stock Bank (ACB), Military Commercial Joint Stock Bank (MBBank) and Vietnam Technological and Commercial Joint Stock Bank (Techcombank). Moody’s also raised the baseline credit assessment (BCA) for these three banks from b2 to b1. At the same time, Moody's has affirmed the long-term local- and foreign-currency deposit and issuer ratings of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) at B2, and upgraded the bank's BCA to b2 from b3.
Source:VietNamNet News
April 09, 2018 03:33 UTC
Vietnam has over 5,400 craft villages
Vietnam has over 5,400 craft villagesVietnam is home to 5,407 operating craft villages nationwide, according to the Vietnam Craft Village Association. Vietnam is home to 5,407 operating craft villages nationwide, according to the Vietnam Craft Village AssociationThe information was revealed at a seminar on applied art and design of craft products recently held by the association and the University of Industrial Fine Art. Of the figure, there are 1,748 villages recognised by the Government’s criteria, generating jobs for 10 million labourers and raking in about 1.7 billion USD. However, many of handicrafts have simple designs, so they have lower competitiveness in the international markets. At the event, participants proposed linking traditional craft villages with art schools, as the schools could provide on-site human resource training and new designs for the villages.-VNA
Source:VietNamNet News
April 09, 2018 03:22 UTC