Minister of Planning and Investment Nguyen Chi Dung said at a National Assembly meeting Monday that if Vietnam’s GDP increases by 6.7 percent this year, per capita GDP will reach $2,540, up $155, or 6.1 percent year-on-year, and 1.21 times that of 2015. However, this figure is still far away from the country’s target of $3,200-3,500 by 2020, he conceded. According to World Bank Group statistics, Vietnam's GDP per capita in 2017 is $2,343. The figure for Singapore is $57,714, Malaysia ($9,945), Thailand ($6,594), the Philippines ($2,989) and Myanmar ($1,298). Minister Dung estimated that Vietnam’s GDP would grow by 6.57 percent on average in the 2016-2018 period, meeting the National’s Assembly target of 6.5-6.7 percent growth. However, he expressed concerns about the increasing number of businesses that stopped operations in the first nine months of this year. While 96,610 new businesses opened, 73,100 closed, up 48 percent year-on-year. These figures worried … [Read more...] about Vietnam’s per capita GDP long way away from 2020 target
How much mulch per square metre
By Nguyen Ha  October 15, 2018 | 07:26 pm GMT+7 Apartment buildings seen from below in Ho Chi Minh City, Vietnam. Photo by Shutterstock/Thoai Premium and luxury apartments in HCMC are seeing high absorption rates while those in Hanoi get few takers. Realtor Vietnam, an association of Vietnamese real estate developers, said in a newly-released report that the absorption rate of premium apartments in Hanoi was 13 percent in the third quarter, while it was six times higher in HCMC at 78 percent. The gap is even wider in the luxury segment, with the absorption rate in Hanoi at 2 percent and that of HCMC a full 100 percent. Premium apartments are defined as those which cost VND45-70 million ($1,925-2,995) per square meter, while luxury apartments cost from VND70-200 million ($2,995-8,558). “This shows that investors have high confidence in the potential for development of HCMC and expect an increasing number of rich Vietnamese and expats to reside there in the … [Read more...] about HCMC upscale apartment sales much higher than Hanoi
Novaland launches The Grand Manhattan apartment project in HCM City’s District 1 at prices starting from US$6,000 per square metre. VNS Photo Viet Nam News HCM CITY – Giant property developer Novaland Group has launched a new apartment project, The Grand Manhattan, in the heart of HCM City. Prices of units in the project, which will come up at the corner of Cô Giang and Cô Bắc streets in District 1, will start at US$6,000 per square metre. Novaland said the condos, to be handed over in the last quarter of 2021, would have two or three bedrooms and smart-home technologies. Besides the usual amenities like a swimming pool and BBQ area, it will also have a park and other attractions on 4,200sq.m of its total area of 14,000sq.m. At the launch, Novaland offered a number of promotions to buyers like free parking space, fully equipped kitchens and a four-day stay at the Azerai Cần Thơ resort. - VNS … [Read more...] about Novaland launches luxury apartments at $6,000 per square metre
Viet Nam News By Hoàng Hồ After an incredible fight, actress Mai Phương, who has been receiving special treatment for aggressive lung cancer, has been discharged from Military Hospital 175 into the loving arms of friends, family, fans and colleagues. Although the battle against cancer is not over, with Phương facing many more hospital visits and follow-up appointments, her journey has been remarkable and inspirational. Since the first days of her treatment, the hospital has welcomed visits from many celebrities to help and encourage Phương. With continuous updates on the media and thousands of messages from fans on Facebook around Việt Nam, everything seemed to be going well, until actor Gia Bảo – a close friend of Phương’s, spoke up and caused some ripples. “If you don’t have a close relationship with the patient, you can just help by offering messages of … [Read more...] about How much does sympathy really cost?
Plastic pollution: How one woman found a new source of warming gases hidden in waste It's your classic movie eureka moment. Young researcher Sarah-Jeanne Royer set out to measure methane gas coming from biological activity in sea water. Sarah-Jeanne Royer with some of the plastic she's studied -- Photo: IPRC Instead, in a "happy accident" she found that the plastic bottles holding the samples were a bigger source of this powerful warming molecule than the bugs in the water. Now she's published further details in a study into the potential warming impact of gases seeping from plastic waste. 'Medical test led me to ocean plastic patch' "Some members of the lab were experimenting with high density polyethylene bottles looking at methane biological production, but the concentrations were much higher than expected." "So we realised that the emissions were not just coming from the biology but from the bottle that we were using for the experiment." After graduating from … [Read more...] about Plastic pollution: How one woman found a new source of warming gases hidden in waste
High-end condo line Charmington Iris developed by TTC Land in District 4’s strategic location Accordingly, approximately 73.2 million shares were distributed, 24.3 million of which were sold to the company (SCR)’s existing shareholders. 24.4 million shares were sold through private placements and 24.5 million to the public. The company earned a total of VND732 billion ($32.5 million) in proceeds. Stock registration ran from April 24 to May 31, 2018 during a downturn on the local stock market. The Vietnamese stock market was touted as one of fastest growing markets worldwide with a 19 per cent hike in the first quarter of this year. The situation was turned around in the first two months of the second quarter when the VN Index fell by 16.9 per cent. This had a marked impact on the SCR ticker. Significantly, TTC Land earned approximately VND489 billion ($21.7 million) in proceeds from selling to its existing major shareholder, Thanh Thanh Cong Invest JSC, at a price … [Read more...] about TTC Land finalises 30 per cent charter capital hike
A corner of social housing project in Gia Lam district (Photo: HNMO)According to the department, in 2017, some 11 million square metres of housing were constructed, with 60,000 square metres of social housing, 164,000 square metres of resettlement housing, over 2.5 million square metres of commercial housing, and the rest built by residents. The construction leads to an average area of 25.6 square metres per capita, and an expected area of 26.3 square metres per capital by 2020. At present, the city is developing commercial housing for resettlement, as well as concentrated social housing in Dong Anh, Gia Lam, Thanh Tri and Bac Tu Liem districts./. Compiled by BTA … [Read more...] about Hanoi builds additional 430,000 square metres of social housing
In the food processing industry, trans-fat is created by adding hydrogen atoms to vegetable oil, or by heating vegetable oil to a high temperature. The goal is to improve the textures of ingredients and to increase their shelf life, as well as give the food a better taste. Trans-fat is also created naturally by herbivorous animals' digestive systems. Dairy products usually contain a small amount of trans-fat. According to the World Health Organization (WHO), trans-fat increases the level of cholesterol inside your body, which can lead to strokes and heart attacks. The amount of trans-fat that one consumes should stay below 1 percent of the total calories consumed in a meal to prevent heart disease. An adult needs around 2,000 kcal daily, so trans-fat consumption should be limited to 20kcal. Since 2006, the United State Food and Drugs Administration (FDA) has required food companies to label the trans-fat content on their packaging to inform consumers. It also noted that if the … [Read more...] about How much ‘trans-fat’ is bad for your health?
VietNamNet Bridge - Widespread and inconclusive discussions occurred after the HCM City Economics University (UEH) announced big rewards to researchers who have articles published in ISI/Scopus publications. University lecturers are encourage to have articles published on ISI journals The articles with IF>2 (influence index) will be rewarded VND200 million, while articles with IF>1 will be rewarded VND150 million, and IF< 1 will get VND100 million. As such, the reward for one research work at UEH is seven times higher than that stipulated in the government Decree 99/2014. Tran Duc Vien, president of the Vietnam Agriculture Academy, said in the context of the strong development of higher education, the policy of UEH needs to be supported. The number of articles in ISI/Scopus journals is an important index when ranking universities. The high ranking contributes to prestige and makes it easier to enroll students. A university lecturer in Hanoi said the number of … [Read more...] about Rewarding ISI authors: How much is enough?
Vietnamese youngsters born between 1995 and 2002, or Generation Z, have emerged as potential consumers for dining brands, according to new market research that found they are willing to spend a big chunk of their budgets on eating out, regardless of how much money they make. Generation Z, also known as Post-Millennials, the iGeneration, Founders, Plurals, or the Homeland Generation, is the demographic cohort following the Millennials. A recent poll of 16,000 respondents in Vietnam's three biggest cities - Hanoi, Da Nang and Ho Chi Minh City - by Decision Lab showed that Vietnam's Generation Z, which accounts for 15 percent of a population of roughly 93 million, spend on average VND890,000 ($40) a month eating out. Vietnam's average annual income was around $2,200 last year. The HCMC-based market research firm said 56 percent of respondents earned no money or made less than VND3 million ($132) per month, and only 35 percent of them made between VND3 million and VND7.5 … [Read more...] about Vietnam’s Generation Z may not make much money, but they have a weakness for eating out