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In fact, throughout Quang Ngai, Tho is not alone in his plight. According to Quang Ngai People’s Committee, the storm has caused losses of about VND4.48 trillion (nearly $195 million), or 8.1 per cent of the province’s regional GDP in 2019. The storm injured 13 people, razed 325 houses to the ground, and unroofed another 140,000. What is more, it also sabotaged 450 educational establishments, 70 healthcare facilities, and over 100 communal homes, in addition to seriously damaging many roads and irrigation systems. … [Read more...] about Insurance gap adding risk to families

Experts calculate that the average interest rate of corporate bonds issued primarily range from 10.1-11.2 per cent per year for a period of 1-5 years. Thus, compared with the most competitive deposit rates, corporate bond yields are currently 0.8-1.7 per cent per year higher. Depending on the terms, corporate bond yields are also 1.8-4 per cent higher than the deposit rates of large commercial banks. … [Read more...] about Clearing path for safer corporate bond market

Hoi An reopens pedestrian streets and craft villages Hoi An, home to one of the nation’s most famous UNESCO world heritage sites, has reopened its pedestrian streets, night streets, and craft villages following several months of closure due to the impact of COVID-19 pandemic and flooding. … [Read more...] about The once-famous village in Hanoi where people got rich with embroidery products

However, Hoang, former Deputy Minister Ho Thi Kim Thoa, and Dung directed subordinates at the ministry and Sabeco to carry out procedures for using land use rights and Sabeco's money as capital contributions to set up Sabeco Pearl, a joint venture between the firm and a number of private enterprises, to implement a project building a hotel, a trade and convention centre, and office space for lease on the land. … [Read more...] about VIETNAM NEWS JANUARY 19

Violations ranging from illegal construction on agricultural land to housing being built without permits occur. Violations in construction occur nearly everywhere in the city, especially in outlying areas such as Binh Chanh, Cu Chi and Hoc Mon districts, and in districts 9 and Thu Duc. … [Read more...] about People’s Committee asks to reorder construction management in Thu Duc District