Wednesday , November 6 2024

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$4M infrastructure projects proposed for Mekong Delta

Sixteen projects worth VND94.3 trillion (US$4 million) have been proposed to boost traffic connections and prevent erosion and drought in the Mekong Delta. Those projects are listed in a proposal submitted recently by the Ministry of Transport, the Ministry of Agriculture and Rural Development, and authorities of 13 cities and …

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Malaysia scraps mandatory death penalty, natural-life prison terms

Malaysia scraps mandatory death penalty, natural-life prison terms

Malaysia’s parliament on Monday passed sweeping legal reforms to remove the mandatory death penalty, trim the number of offenses punishable by death, and abolish natural-life prison sentences, a move cautiously welcomed by rights groups. Malaysia has had a moratorium on executions since 2018, when it first promised to abolish capital …

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Vietnam approves 1 million social housing units

The government approved a project on Monday to construct at least a million units of affordable “social housing” for low-income people by 2030. The project aims for 428,000 of the houses to be built by 2025. The total cost of the project is expected to be around VND849 trillion ($36.1 …

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Vietnamese arrested in Korea for smuggling stolen phones

Seoul police said Sunday they had arrested an illegal immigrant from Vietnam for buying stolen mobile phones and smuggling them back home. The Vietnamese is accused of buying stolen mobile phones for 200,000 won (US$156) each and then smuggling them back to Vietnam for a total profit of as much …

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Indonesia lowers VAT on electric vehicles to 1%

Indonesia lowers VAT on electric vehicles to 1%

Indonesia has lowered its value-add tax on battery-based electric vehicle sales to 1% from 11% to encourage the adoption of EVs, a government ministry said on Monday, amid efforts to attract investment into domestic production, The incentive came into effect this month and will remain in place until the end …

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Chinese cash trickling back to Asia’s property markets

Chinese cash trickling back to Asia's property markets

The end of China’s strict Covid-19 border controls is prompting pent-up cash to begin flowing abroad, real estate agents and property data from Australia to Singapore suggest. Chinese demand is helping boost Singapore property prices, Chinese students are snapping up apartments in Sydney and Melbourne, and agents say Chinese interest …

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More public bikes proposed for downtown HCMC

The Ho Chi Minh City (HCMC) Public Transport Management Center proposed that seven public bike stations be added in District 1. The Center proposed to the HCMC Department of Transport that the bike stations, each with 10-20 bikes, are added to Nguyen Hue Street and Ben Thanh Market as part …

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