Hanoi

Hanoi has appointed a person to govern the city’s operations during the suspension of People’s Committee Chairman Nguyen Duc Chung. Nguyen Van Suu, Vice Chairman of the Hanoi People’s Committee, will take the place of Chung who was recently suspended for 90 days, starting on August, 11, as an investigation is undertaken to clarify his responsibility regarding three legal cases. … [Read more...] about Stopgap Hanoi mayor appointed

Born in Ha Dong district, Hanoi, Mr. Suu, 59, an economic doctoral degree holder, held the position of deputy chairman since 2011 after being director of the Hanoi’s Department of Planning and Investment in 2009-2010 and head of the city’s Party Organization Commission. … [Read more...] about Hanoi appoints official replacing suspended Chairman Nguyen Duc Chung

However, the passing of COVID-19 caused 390 businesses and 1,155 households doing business and sidewalk trading in the district to stop operations, according to Hoan Kiem Tax Department. While a number of stores have closed and properties have been up for lease for several months now, there is a significant number of home-based stores still operating here, as they need not worry about rental costs. … [Read more...] about Curtains roll down at business hotspots as uncertainty looms

Nguyen Thanh Son, head coach of Becamex Binh Duong, told Sài Gòn Giải Phóng (Liberated Sài Gòn) newspaper that the team has not had too many changes in training and is ready for the restart of the league. … [Read more...] about V.League 1 teams ready for restart

Saigon Jewelry Company bought gold at VND53.58 million per tael and sold at VND55.48 million per tael, a decrease of VND3.07 million per tael in buying rate and VND2.8 million per tael in selling rate at 5 p.m. in Ho Chi Minh City. At the same time in Hanoi, Bao Tin Minh Chau Jewelry Company listed SJC gold price at VND53.6 million per tael for buying, down VND2.8 million per tael, and VND55.45 million per tael for selling, down VND2.35 million per tael. In the global market, the precious metal sank by about US$10 an ounce to trade at $2,022 an ounce. After conversion, this price level was equal to VND56.7 million per tael, higher than the domestic gold price by VND1.2 million per tael. Thus, just in the three latest trading sessions, SJC gold has lost around VND7 million per tael compared to the highest price of nearly VND63 million per tael made on August 8. As SJC gold price has dropped steeply in a short time, from higher than the global gold price by up to VND5 million per tael … [Read more...] about Gold declines by more than VND3 million per tael