Social housing projects cater to growing demand in Thai Nguyen
Authorities in northern Thai Nguyen province have given the green light to a number of social housing projects in Pho Yen town in a bid to boost the living conditions of low-income labours.
A number of social housing projects will be implemented in Thai Nguyen to boost the living conditions of low-income labours. (Photo: VNA)
Authorities in northern Thai Nguyen province have given the green light to a number of social housing projects in Pho Yen town in a bid to boost the living conditions of low-income labours.
At the end of July, the Thai Nguyen People’s Committee approved a project from the Housing and Urban Development Company (HUD) with total investment exceeding 640 billion VND (29.5 million USD).
Covering 17 hectares, the construction is set to include 38 five-storey apartment blocks accommodating approximately 7,600 people. It will also entail inner transportation infrastructure, parks, a communal house and a kindergarten, among others.
The building complex is scheduled to be operational within the third quarter of 2018.
In May, the province authorised a 4-trillion-VND (184.3 million USD) social housing construction, also in Pho Yen town, which covers 35 hectares and will accommodate about 30,000 people.
According to Duong Ngoc Long, Chairman of the Thai Nguyen People’s Committee, Samsung and other businesses are expected to invest more than six billion USD in the province and create jobs for approximately 80,000 labourers.
As such, huge demand for low-cost accommodation has emerged.
Building social housing projects caters to demand, offers additional employment in the construction sector and utilises available land, Long said.-VNA
Government’s credit package would help more people buy their own homes, Deputy Minister of Construction Nguyen Tran Nam told the newspaper Thoi bao Kinh te Viet Nam (Vietnam Economic Times).
The Bank for Investment and Development of Vietnam (BIDV) signed a contract on lending 35 million USD to the Vietnam-Singapore Industrial Park Joint Venture Co. Ltd on December 8.
The southern province of Dong Nai began construction on DETACO, a housing project for low-income residents and workers at local industrial parks, in Nhon Trach district on February 3.
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.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
A number of social housing projects will be implemented in Thai Nguyen to boost the living conditions of low-income labours. (Photo: VNA)
