Deep inside Ngo Gach Alley in Hanoi’s Hoan Kiem District a staircase leads to a four-square-meter room on the second floor of an old dormitory. This is where Nguyen Phuong Nam lives with his wife and daughter. Its neat appearance gives the impression the room is more spacious than it actually is. A small oven next to the door doubles as the kitchen, while the room also has a TV, fridge and a table. Hoa carries a bucket of water home. Photo by VnExpress/Dinh Tung. They once moved out since they could no longer stand living in such a tiny place. He wanted to let it out, but no one wanted to rent a place without a bathroom. He could not afford a better place and they ended up returning. Nam jokes: "My wife is expecting. We are waiting for the fourth member of the family. Then each of us will have one square meter." There is no bed, but it is not simple to carry new furniture through the narrow alley. Talking about the fridge, Nam says: "It was a struggle to carry it to the … [Read more...] about Three-member Hanoi family calls 4 sq.m room home
Hanoi old quarter map
The Ho Tram Grand Strip resort in the southern Ba Ria-Vung Tau Province was sold in April to a unit of U.S. private equity firm Warburg Pincus. The U.S. firm bought a 62.8 percent stake in Canada’s Asian Coast Development, which owned the $4.2 billion development comprising hundreds of rooms and a casino. In Hanoi, Malaysian conglomerate Berjaya Group sold a 75 percent stake in the Intercontinental hotel near the West Lake in March to local firm Hanoi Hotel Tourism Development Co., Ltd for $53.4 million. Foreign investors are showing interest in Vietnam, making it one of the most talked-about markets in the Asia Pacific, as prices of hotels in the country are higher than their expectations, said Vo Quoc Phuong Trang, vice president real estate consultancy Jones Lang LaSalle (JLL) Hotels & Hospitality Asia Pacific. Vietnamese investors on the other hand prefer building new hotels and resorts, she added. "Domestic investors’ interest in hotel investments has been … [Read more...] about Hotel sector proves irresistible to investors
Hanoi (VNA) – The Vietnam News Agency (VNA) looks back at the ten most prominent events of Vietnam in 2018. 1. Party General Secretary Nguyen Phu Trong elected State President Party General Secretary and President Nguyen Phu Trong takes an oath at the swearing-in ceremony on October 23 (Photo: VNA) On October 23, at the sixth session of the 14th National Assembly, General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong was elected President of the Socialist Republic of Vietnam for the 2016-2021 tenure with the support of 476 out of 477 legislators. Earlier, the eighth plenum of the 12th Party Central Committee had agreed to nominate the Party leader for the National Assembly to vote as the President. 2. All 12 socio-economic targets fulfilled The Ford car assembly factory in Hai Duong province (Photo: VNA) Vietnam accomplished or surpassed all 12 socio-economic targets set by the National Assembly. The gross domestic product (GDP) growth … [Read more...] about Top ten events of Vietnam in 2018 selected by VNA
By Hà Nguyễn Hà Nội is a city that loves a good cafe, so it can take a lot for one to stand out. One way to break the mould is an eye-catching design, and what's more eye-catching than a big yellow bus? That must have been what Nguyễn Đứa Sâm and his friends thought when they opened Hanoi Bus Cafe. Located on the grounds in front of a future Hà Đông metro station on Tô Hiệu Road, the cafe is inside a stationary bus which has been redesigned. ALL ABOARD: Nguyễn Đức Sâm's Hanoi Bus Cafe, which is located in Hà Nội's Hà Đông District, receives a lot of customers every day. Photos vietnammoi.vn Sâm said he came up with the idea for the cafe during a trip to Vĩnh Phúc Province north of the capital when he saw many damaged buses that had been abandoned and were going to waste. “A sudden idea came to my mind, why don't we use … [Read more...] about No busman’s holiday in this cafe
The average working day for bank worker Pham Hong Nhung in Hanoi normally starts at 7am and ends at around 8pm. Illustrative image -- File photo “My bank opens at 8am but I have to arrive earlier to prepare the cash. When the branch closes, my colleagues and I have to deal with paperwork, so we work up to 12 hours per day.” As well as working five and a half days per week, she sometimes has to attend events on Saturday evening or even on Sunday. “I am exhausted, to be honest. Both my health and looks are going downhill. I can't take proper care of my family as well. My son is only one and is not at nursery school yet, so I have to hire a nanny. My son might be even closer to her than me,” the 28-year-old says. Nhung revealed that bank clerks and other positions at the bank are also busy and overtime is seen as a routine for them. “Sometimes I even have to go to the office on weekends and national holidays,” says 30-year-old Hoang Lan Phuong, … [Read more...] about More overtime, less happiness?