Real estate market is ‘fragile’, could lead to another bubble, experts say
Real estate market is ‘fragile’, could lead to another bubble, experts sayVietNamNet Bridge - Land fever in Phu Quoc, Long An, Nhon Trach and HCM City, a lack of houses for low income earners, and an oversupply of high-end apartments are the main features of today’s real estate market. The real estate market has warmed upInvestors continue pouring money into the high-end apartment market segment, even though there is a sufficient supply. Analysts warn that the high GDP growth rate may lead to a ‘real estate bubble’ like the one in 2007 and 2010. Analysts warn that the high GDP growth rate may lead to a ‘real estate bubble’ like the one in 2007 and 2010. Nguyen Van Duc, deputy director of Dat Lanh Real Estate, said the real estate market is ‘fragile’.
Source:VietNamNet News
May 22, 2018 01:18 UTC
CCTV cameras in schools opposed by teachers
CCTV cameras in schools opposed by teachersVietNamNet Bridge - CCTV cameras will be installed at nursery schools in districts 1, 12 and Hoc Mon in a pilot program before being set up at all schools in HCMC. The camera system aims to improve education management and protection of children at nursery schools. The program has been applauded by parents, who are concerned about a series of child abuse cases at nursery schools. Nursery schools need good teachers and skills, not just cameras. In fact, most private schools in HCMC have cameras inside classrooms, while state-owned schools only install cameras at entrance gates.
Source:VietNamNet News
May 22, 2018 00:45 UTC
Vietnam asks China to stop bomber drills in Hoang Sa
Vietnam asks China to stop bomber drills in Hoang SaVietnam requests China to immediately stop sending bombers to conduct drills in Vietnam’s Hoang Sa (Paracel) archipelago, said the Vietnamese Foreign Ministry’s spokesperson Le Thi Thu Hang. Vietnamese Foreign Ministry’s spokesperson Le Thi Thu HangHang made the statement in Hanoi on May 21 in response to reporters’ question regarding the Chinese exercises, saying China’s dispatch of bombers to conduct take-off and landing drills in Hoang Sa has seriously violated Vietnam’s sovereignty over the archipelago and run counter to the Vietnam-China agreement on basic principles guiding the settlement of sea-related issues as well as the Declaration on the Conduct of Parties in the East Sea (DOC) between the Association of Southeast Asian Nations (ASEAN) and China. China’s acts have also adversely affected negotiations on the Code of Conduct in the East Sea (COC) between the ASEAN and China, fueled tensions and caused instability in the region, and hampered efforts to maintain peace, stability and cooperation in the East Sea, she said. “Vietnam has full legal foundation and historical evidence affirming its sovereignty over Hoang Sa and Truong Sa (Spratly) archipelagoes in line with international law,” the spokesperson noted. Vietnam asks China not to conduct militarisation activities and to seriously respect the country’s sovereignty over the two archipelagoes, observe the Vietnam-China agreement on basic principles guiding the settlement of sea-related issues and the DOC, and create a favourable environment for the maintenance of regional peace, stability and cooperation, Hang said.-VNA
Source:VietNamNet News
May 21, 2018 13:41 UTC
The top four common health issues when summer comes
The top four common health issues when summer comesVietNamNet Bridge – Summer - the exciting season of discoveries and festivals - can be the riskiest period of the year for certain diseases, especially living in a tropical country like Vietnam. Flu, acute pharyngitis and heat strokeDehydration is the most reason for health issues in tropical climate. In addition to this, there is a common habit called "smash the thirst" by drinking cold water and using air conditioners for long periods. Drastic shifts in temperature actually enfeeble the immune system and cause health issues like flu, acute pharyngitis and heat stroke. If you have never slept under a mosquito net, start getting used to it, as it is one of the most efficient ways to prevent mosquito bites.
Source:VietNamNet News
May 21, 2018 08:15 UTC
Janet rails against domestic abuse in awards speech
Janet rails against domestic abuse in awards speechJanet Jackson made her stance on the #MeToo movement clear as she won the Icon prize at the Billboard awards. Janet is the first black woman to win the Billboard Icon Prize -- Photo: REUTERS"I believe that, for all of our challenges, we live at a glorious moment in history," she said. "I stand with those women and with those men equally outraged by discrimination, who support us in heart and mind." The 52-year-old was the first black woman to receive the Icon Prize, as Bruno Mars pointed out while welcoming her to the stage. The singer went on to perform a medley of Nasty, If and Throb - in her first televised performance in the US for nine years.
Source:VietNamNet News
May 21, 2018 07:52 UTC
Central Highlands eyes regional tourism connectivity
Central Highlands eyes regional tourism connectivityVietNamNet Bridge – Enhancing regional connectivity is key to fulfilling the tourism potential of the Central Highlands, according to the Government’s master plan on tourism development for the period through 2020. Tourists visit the Tuyen Lam Lake in Da Lat City in the Central Highlands province of Lam Dong. PotentialThe Central Highlands has great potential for tourism, with its spectacular waterfalls, forests, mountains, ethnic groups with rich culture, and others. Pham Tam Thanh, deputy director of the Dak Lak Province Department of Culture, Sports and Tourism, said the Central Highlands had not fulfilled its tourism potential. The ministry should create a distinct brand for Central Highlands tourism based on the gong culture, he added.
Source:VietNamNet News
May 21, 2018 07:52 UTC
Billboard Awards 2018: Ed Sheeran wins big and Avicii tributes
Billboard Awards 2018: Ed Sheeran wins big and Avicii tributesEd Sheeran was the big winner at this year's Billboard Awards, held in Las Vegas. The singer took home four awards: top artist, top radio songs artist, top song sales artist and top hot 100. The annual awards show, which celebrates artists' achievements on the Billboard charts in the US, had a performance from Ariana Grande. Other winners included Taylor Swift, who won top female artist, and Camila Cabello, who scooped the Billboard chart achievement award. Khalid won top new artist, Taylor Swift won top selling album for reputation and Kendrick Lamar was named top streaming artist.
Source:VietNamNet News
May 21, 2018 06:33 UTC
State-owned companies’ outward investments yield few profits
State-owned companies’ outward investments yield few profitsVietNamNet Bridge - State-owned corporations have spent big money on outward investment projects, but have seen few profits. PetroVietnam topped the list of investors in terms of capital, amounting to 53 percent of outward investment capital. The other big investors include the Vietnam Rubber Group (VRG) with $1.412 billion and Vinacomin which has many mining projects overseas. The profit Vietnam gained was just equal to 2 percent of the investment capital. The profit Vietnam gained was just equal to 2 percent of the investment capital.
Source:VietNamNet News
May 21, 2018 05:37 UTC
Vietnam’s aviation market welcomes new fleets
Vietnam’s aviation market welcomes new fleetsVietNamNet Bridge - By December 2017, Vietnam’s airlines had been operating over 160 airplanes of different kinds. Vietnam’s air carriers now own 124 A320s and A321s which account for 77 percent of operational aircraft in Vietnam. Experts say A321 Neo is the latest-generation model of the A320 family which can carry up to 240 passengers. Experts say A321 Neo is the latest-generation model of the A320 family which can carry up to 240 passengers. Newcomer Bamboo Airways and other airlines have also rushed to buy new aircraft to restructure their fleets and expand operation.
Source:VietNamNet News
May 21, 2018 05:26 UTC
Hanoi launches interactive tourism website
Hanoi launches interactive tourism websiteHanoi’s downtown district of Hoan Kiem on May 20 launched its tourism website at different addresses of http://hoankiem360.vn , http://hoankiem360.com , http://hoankiem360.com.vn and http://hoankiem.net.vn , aiming to promote its tourism potential and attract more tourists to the locality. Introducing the website to visitorsMajor features of the website include finding tourist destinations, services and trade centres of Hoan Kiem district. Addressing the launching ceremony, Chairman of the Hoan Kiem district People’s Committee Duong Duc Tuan said that the building of the website is hoped to facilitate the district’s tourism with a close connection with Vietnam tourism, aiming to build a smart urban and tourism management model. Hoan Kiem district is home to many tangible and intangible cultural heritage sites with close relations with the history of Thang Long-Hanoi. Major tourism attractions of the district include Hoan Kiem Lake, the Old Quarter, night market, and food and pedestrian streets.-VNA
Source:VietNamNet News
May 21, 2018 04:41 UTC
HCM City reviews ongoing flood-prevention programme
HCM City reviews ongoing flood-prevention programmeVietNamNet Bridge – Flood prevention works in HCM City between 2016 and 2020 are estimated to cost more than VND96.3 trillion (US$4.2 billion), according to its Steering Centre of the Urban Flood Control Programme. Heavy rains cause flooding on Thanh Loan Road in District 8, HCM City on Sunday. Flood prevention in the city remains a difficult challenge. The flood prevention projects include construction of three irrigation reservoirs, upgrades to the storm drain system and the Xuyen Tam Canal, and construction of seven wastewater treatment plants. Nguyen Thanh Phong, Chairman of the city People’s Committee, called on relevant agencies and districts to co-ordinate with the centre for flood prevention.
Source:VietNamNet News
May 21, 2018 04:07 UTC
HCM City seeks more funds for metro
HCM City seeks more funds for metroHCM City authorities have asked the National Assembly (NA) to increase investment for the city’s first two metro lines that start near Ben Thanh Market in District 1 and end at Suoi Tien Theme Park in District 9 and Tham Luong depot in District 12. An elevated section of HCM City’s metro line No 1 from Ben Thanh in District 1 with Suoi Tien Theme Park in District 9. The city’s People’s Committee has proposed an adjusted total investment of VND47.3 trillion ($2.076 billion) and nearly VND48 trillion ($2.107 billion) for metro line No. Metro line No 1 (Ben Thanh in District 1 to Suoi Tien in District 9) was approved by the city in April 2007 with an investment of VND17.4 trillion ($766.4 million). Meanwhile, investment capital for the second metro line Ben Thanh-Tham Luong also increased, from VND26 trillion to nearly VND48 trillion, after the completion deadline was extended from 2020 to 2026.
Source:VietNamNet News
May 21, 2018 04:07 UTC
Temple of Literature plans events for children
Temple of Literature plans events for childrenThe Temple of Literature will host a wide range of cultural activities dedicated to children during the summer holiday, according to Le Xuan Kieu, director of the Temple of Literature’s Culture and Science Centre. From now to the end of August, children will gather at the Temple of Literature on weekends to enjoy activities with different themes each week. This is the first time the centre has organised a series of summer events catering to children, Kieu said. Children will have the chance to experience the traditional art and crafts with artisans. Literature Lake (part of the Temple of Literature) will be the venue for displaying colourful kites and calligraphic works on poonah paper.
Source:VietNamNet News
May 21, 2018 03:45 UTC
Private drama troupe offers training
Private drama troupe offers trainingVietNamNet Bridge – The HCM City-based Hong Van Drama Troupe, a leading private theatre, is offering training courses in performance skills as the number of talented actors has declined in recent years. Young actors of Hong Van Drama Troupe, one of HCM City’s leading private theatres, are playing leading roles in dramas and comedies staged this summer. — Photo from Hong Van Drama TroupeBefore joining the courses, candidates aged 18 to 26 will take part in selection rounds hosted by the theatre’s veteran artists. Students will work with professional artists, including veteran actors of the Hong Van Drama Troupe, while attending class, and will have opportunities to perform in the theatre’s dramas and comedies. I believe I will win plaudits from audiences,” said Le Loc, a graduate of Hong Van Drama Troupe.
Source:VietNamNet News
May 21, 2018 03:45 UTC
Households along HCM City canals can’t afford resettlement apartments
Households along HCM City canals can’t afford resettlement apartmentsResidents living along canals in HCM City’s District 4 cannot afford to buy “relocation” apartments since their prices exceed the compensation they will receive, according to reports. The issue was raised at a city People’s Committee meeting to assess urban renovation and development plans for 2016-20, Thanh Nien (Young people) newspaper said. The second group includes six public-private-partnership projects and 6,223 households will be relocated and paid VNĐ19 trillion. The city planning and architecture department admitted that the relocation of families living along canals was a difficult task for the city. Nguyen Thành Phong, chairman of the city People’s Committee, said local administrations should find ways to improve people’s living conditions and relocate them.
Source:VietNamNet News
May 21, 2018 03:33 UTC