Mekong Delta’s largest-ever social housing work breaks ground
The largest-ever social housing project in the Mekong Delta, which had its official groundbreaking ceremony in Vinh Long province on August 1, is scheduled to be available in June 2016.
The largest-ever social housing project in the Mekong Delta is scheduled to be available in June 2016. (Photo: VNA)
The largest-ever social housing project in the Mekong Delta, which had its official groundbreaking ceremony in Vinh Long province on August 1, is scheduled to be available in June 2016.
During the first stage, the first 620 apartments will be up for sale for needy households in Vinh Long province and neighbouring localities.
The HQC Binh Minh project, divided into three stages, will sprawl over 39,100 square metres and accommodate four seven-storey blocks with 1,863 apartments. It is invested by the Hoang Quan Mekong trading and real estate service company at a total cost of 610 billion VND (29 million USD).
The Bank for Investment and Development of Vietnam – Vinh Long branch is offering 20-year loans equivalent to 80 percent of the apartment costs with interest less than 6 percent per year sourced from the government’s 30 trillion VND (1.42 billion USD) housing loan package.
Le Quang Trung, Deputy Chairman of the provincial People’s Committee, said the blocks are also surrounded by kindergartens, schools, a clinic, a shopping mall and community space built by the investor.-VNA
The State Bank of Vietnam has submitted a credit package worth of 50 trillion VND (2.3 billion USD) to support the local commercial housing market during its recovery period.
The JSC-Trading-Service TV Hoang Quan Real Estate Corporation (HQC) began construction on the HQC Nha Trang social housing project in the central coastal city of Nha Trang , Khanh Hoa province on April 22.
The Binh Thuan Housing Business and Construction Company began work on a social housing project in the central coastal city of Phan Thiet , Binh Thuan province on April 23.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
The largest-ever social housing project in the Mekong Delta is scheduled to be available in June 2016. (Photo: VNA)
