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Buses ply in an exclusive lane on Trần Hưng Đạo Street in HCM City’s District 5 several years ago. The city is planning to bring the concept back, this time on Điện Biên Phủ and Võ Thị Sáu streets. — Photo sggp.org.vn HCM City — The HCM City Public Transport Management Centre has announced plans to trial bus lanes on Điện Biên Phủ and Võ Thị Sáu streets during peak hours. Private vehicles will be prohibited from entering the lanes at that time. The lanes, 3.25 metres wide, will be separated from the other lanes by barriers. Nguyễn Trung Tín, former head of the department’s road transport management, said the city used to have an exclusive bus lane on Trần Hưng Đạo Street (District 5), but it did not work efficiently though they are successful in other countries. This was because other vehicles kept intruding and there was lack of support from the public since the lanes affected shops and other businesses, he explained. Before the pandemic buses would often get stuck in … [Read more...] about HCM City plans to trial exclusive lanes for buses

Customs officers at work. — Photo baochinhphu.vn HÀ NỘI — The General Department of Việt Nam Customs recently issued an action plan to implement Resolution 02/NQ-CP of the Government to improve the ranking of the trading across borders index by 10 to 15 spots compared to 2019 in the 'Ease of Doing Business' rankings of the World Bank . Resolution 02/NQ-CP aims to improve the business environment and national competitiveness by 2021. The department said that to effectively implement the resolution, it will carry out administrative reform. Customs offices will continue to promote the reform of customs administrative procedures by putting people and businesses at the centre; ensure the efficiency of State management; and create a fair, open, convenient and transparent business environment to support people and businesses. At the same time, the customs office will reduce and simplify business conditions; remove difficulties for businesses, shorten processes, modernise, … [Read more...] about Customs aims to improve trading across borders index

After a period of working hard and making large fortunes, many businesspeople have chosen to leave the market and get back to nature where they can lead quiet lives. Growing vegetables, raising fish and living in peace Nguyen Hoang Nam in Ba Dinh district in Hanoi had never thought of leaving the capital city, where he had been living for 50 years, until he took a trekking tour on a motorbike to the highlands. During the trip, Nam discovered the quietness in the mountains and forests, and the wonderful environment with pristine nature and fresh air. After that, he began thinking about abandoning everything and living in the forests. He hinted at his intention during family dinners, but his plan was not supported by other family members. In 2017, Nam decided to buy a 5 hectare land plot in Hoa Binh to settle down there. He began building a house, improved the soil, and grew vegetables on the land. After two years of development with the total cost of VND1.5 billion, he … [Read more...] about Businesspeople spend big money to get back to nature

Vietnam has no COVID-19 case to report on February 28 morning Vietnam saw no new COVID-19 case over the past 12 hours to 6am February 28, making the national tally unchanged at 2,432, according to the National Steering Committee for COVID-19 Prevention and Control. Among the total, 1,530 were locally infected, including 837 cases since January 27. A total 1,844 COVID-19 patients have recovered so far, and the death toll remains at 35. Among those still under treatment, 32 have tested negative for SARS-CoV-2 once, 50 twice and 100 thrice. By February 27 afternoon, 10 provinces and cities had gone through 14 consecutive days without new locally-infected cases of COVID-19. As many as 63,054 people who had close contact with confirmed patients or returned from pandemic-hit regions are being quarantine across the country./. First Vietnam medical achievement award calls 16 winners The Voice of Ho Chi Minh City (VOH), the local official radio broadcasting … [Read more...] about VIETNAM NEWS HEADLINES FEB. 28

Export value skyrockets over Lunar New Year Vietnam's export turnover during this Lunar New Year saw breakthrough growth, occupying nearly half of the total export-import turnover. The latest data published by the General Department of Vietnam Customs showed that export volume over the seven days (February 10-16) of the Lunar New Year holiday reached $730 million, rising 79 per cent on-year and accounting for about 44 per cent of the $1.67 billion export-import turnover. The main export articles include mobile devices and components valued at $332 million; computer and electronic products worth $251 million. The two categories accounted for 80 per cent of the total export value. This Lunar New Year saw exports going to 80 markets, seven more than last year. China continues to be the leading export market with a value of $189 million (26 per cent). Following are the US ($152 million), South Korea ($67 million), and Hong Kong ($57 million). According to statistics from the … [Read more...] about VIETNAM BUSINESS NEWS FEB. 28