The National Housing Organization Company (N.H.O) headquarters was awarded the LEED Certificate by the United States Green Building Council for its environmentally friendly design, construction and operation. The ceremony was held on Nov. 10 at the N.H.O headquarters at 44B Nguyen Van Troi, Ward 15, Phu Nhuan District, Ho Chi …
Read More »US removes Vietnam from currency monitoring list
Vietnam has been removed from the currency monitoring list by the U.S. Treasury Department. The U.S. Treasury Department remained satisfied with progress made by the Asian country in addressing U.S. concerns about its currency practices, it said in a semi-annual report Thursday. India, Italy, Mexico and Thailand were also removed …
Read More »World Travel Awards honor Sun Group projects
Two hotels and one resort of Sun Group, and its two theme parks were honored at the 2022 World Travel Awards ceremony in Oman. Hotel de la Coupole – MGallery (Sa Pa), InterContinental Danang Sun Peninsula Resort (Da Nang) and JW Marriott Phu Quoc Emerald Bay Resort (Phu Quoc) received …
Read More »Over 240,000 workers underemployed late this year
Over 240,000 workers, mainly in the garment, footwear and wood processing industries, are underemployed as factories do not have enough orders to provide jobs for all. Hoang Quang Phong, vice president of the Vietnam Confederation of Commerce and Industry, orders have declined on the back of global inflation weakening consumption …
Read More »PM demands solutions to prolonged fuel shortages
Prime Minister Pham Minh Chinh has requested the Ministry of Industry and Trade to instruct businesses to ensure oil and gas supplies, preventing shortages from recurring. Chinh ordered for the ongoing oil and gas shortage to end starting Saturday, as stated in a document issued Friday. The industry and trade …
Read More »Forget midnight fridge raids, just step out onto Saigon streets
Saigon residents don’t have to consider midnight fridge raids to satiate night-time cravings when they can just step out and feast on favorites like com tam, sticky rice and porridge. Com tam (broken rice) A com tam portion with grilled rib, shredded pork skin and a small bowl of chili …
Read More »Saigon sidewalk stall puts bread on the table for 70-plus years
A northern-style banh mi brought to HCMC more than 70 years ago still gets hundreds of customers lining up for it every day. Look for a “Banh mi Mr. Ly” sign hanging on a patio umbrella at 189 Hai Ba Trung, District 3 and you will find the business venue, …
Read More »Double Day e-commerce sales likely to be muted this quarter
Double Day sales this quarter will not match those of past years since inflation remains a worry for consumers, businesses have said. Sales on days such as November 11 and December 12 are the year’s highest as many firms and e-commerce companies run massive promotion programs. According to data from …
Read More »Civil servants’ base salary to increase 20.8% next July
The National Assembly has approved an increase in monthly base wages for civil servants from VND1.49 million ($60) to VND1.8 million a month starting July 1, 2023. The parliament also approved a hike in pensions and social insurance benefits for people who retired before 1995 by 12.5%, and an increase …
Read More »Novaland chairman exits world billionaire list
Chairman of real estate developer Novaland Group (NVL), Bui Thanh Nhon, exited the world billionaire list after his asset value dropped due to a steep dive in NVL shares. Nhon’s assets declined in value by roughly $2 billion from early April to $978.2 million on Nov. 11, according to Forbes’ …
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