Many offers to sell coastal hotels in Da Nang have appeared on real estate forums these days. Most of them are located in districts Son Tra and Ngu Hanh Son. A hotel put up on sale On just one real estate website on February 22 many ads were listed. A 4-star hotel on Vo Nguyen Giap street, 600 square meters, with 19 stories, 125 rooms and 2 conference rooms is offered at VND440 billion. Hotels on the major streets of Ha Bong, Tran Bach Dang, Ho Nghinh, Vo Nguyen Giap and Ho Xuan Huong are offered at tens or hundreds of billions of dong. Hoang Lam, the owner of a hotel on Tran Bach Dang street, said accommodation service providers have been hit hard by Covid-19. “We have been struggling to survive by cutting costs. However, as capital is getting exhausted, hotel owners have to liquidate assets to pay bank debts,” he said. “Selling hotels is unavoidable as there is no source of revenue, and the operation cost is high,” he said. Do Van Hien from Dana Hotel, a broker, … [Read more...] about Unable to cover expenses during Covid-19, owners sell hotels at cheap prices
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HCM City keeps shutdown of certain services in place
The municipal People’s Committee has ordered continued closure of dance halls, bars, karaoke parlours, pubs, beer clubs, and facilities for indoor sports activities like gym, fitness, billiards, and yoga centres. Others not included in this list can be reopened but have to carry out all anti-coronavirus measures regulated by health authorities. Besides, the set of safety assessment criteria in COVID-19 prevention and control must be seriously implemented in the fields of tourism, transport, and restaurant services, as well as at wholesale and retail markets, supermarkets, trade centres, relic sites, and libraries. A distance of at least one metre from each other must be kept in those activities, and food service supplying establishments are not permitted to serve more than 30 people at the same time, according to the administration. Meanwhile, religious activities and rituals at local places of worship can take place with no more than 50 participants at the same time. They also … [Read more...] about HCM City keeps shutdown of certain services in place
HCM City’s Dept of Health develops emergency plan for COVID-19
The plan is being made because of pandemic developments including new variants and outbreaks globally. The department will continue to use available personnel and facilities at designated hospitals for treatment of COVID-19 patients. These hospitals include Cu Chi COVID-19 Treatment Hospital with 300 beds, Can Gio COVID-19 Treatment Hospital with 600 beds, HCM City Hospital for Tropical Diseases with 40 beds at its Department for Transmissible Diseases D, and the City Children’s Hospital and Children’s Hospital 2. These hospitals will be ready to increase the number of beds to admit COVID-19 patients and others suspected of having COVID-19 if an outbreak occurs. If the hospitals become overloaded, the department will use Pham Ngoc Thach Hospital’s 464 beds to admit COVID-19 patients. The department has instructed hospitals in the city to prepare doctors and nurses to be available for examination and treatment of COVID-19 patients if necessary. These doctors and nurses will … [Read more...] about HCM City’s Dept of Health develops emergency plan for COVID-19
Vietnam’s delivery e-commerce startup Loship raises funds from Skype co-founder
Skype co-founder Jaan Tallinn is the latest big tech name to invest in Vietnamese startup Loship Tallinn’s investment in Loship puts him on a list of global tech leaders betting on Vietnamese tech startups, which has shown resilience and growth even amidst COVID-19. Thus, Loship is poised to become a prominent tech figure for any seasoned investor looking at Vietnam, according to Loship CEO Trung Hoang Nguyen. "MetaPlanet’s investment will help us build a much stronger image of Loship as a National Startup Hero. The competition will be much steeper in the long term, and we hope to pick up deep tech insights from Jaan Tallinn that can be applied to the Vietnam market,” he further opined. The latest fundraising, which is part of the startup’s Series C round, comes just four months after its undisclosed bridge round led by Vulpes Investment Management. The new funding would fuel Loship's path to becoming Vietnam’s leading one-hour-delivery e-commerce platform. “We already have … [Read more...] about Vietnam’s delivery e-commerce startup Loship raises funds from Skype co-founder
Central Highlands corn farmer caught growing cannabis ‘cattle feed’
The 25 to 145-centimeter-high trees were discovered covering 800 of 4,630 square meters cultivated by Tran Hung, 38, in Chu Se District on Thursday afternoon. Police also found a nursery where baby cannabis trees were being reared. Hung said the nursery is owned by his grandmother and that he was assigned to manage it two years ago. In late 2019, an acquaintance gave him cannabis seeds to grow as cattle feed, he said. Police, having seized the entire cannabis crop, plan to expand their investigation. Cannabis is on the list of narcotics forbidden in Vietnam. Those growing cannabis on a small scale could be fined VND2-5 million ($86.16-215.40). Farmers found cultivating 500 to 3,000 plants could face jail terms of six months to three years, while those operating on a bigger scale could spend up to seven years in jail. … [Read more...] about Central Highlands corn farmer caught growing cannabis ‘cattle feed’