Transport

A crowd of passengers wait at the Sai Gon Railway Station in HCM City. (Photo: laodong.vn) HCM City (VNS/VNA) - Transport units at coach stations and airports as well as train stations in Ho Chi Minh City are busy meeting passenger demand for travel before and after the Tet (Lunar New year) holiday. The Sai Gon Railway Station in District 3 has 17-22 trains departing each day between 6am and 11:05pm, carrying 15,000-17,000 passengers from HCM City. Do Quang Van, director of the station, said the station has added four times the staff and worked with local police forces and public security forces to provide the best services during the holiday. Because traffic jams often occur on streets leading to the train station on peak days of the upcoming holiday, passengers should arrive at the station at least 30 minutes prior to their departure to avoid late arrival. About 30 passengers on average were late for … [Read more...] about HCM City ensures transport for people returning home for Tet

Authorities check the number of illegally transported pangolins (Photo: VNA)   Hanoi (VNA) – Competent forces in the central province of Ha Tinh caught a couple suspected of illegally transporting 30 live pangolins in the province’s Huong Son district on July 29. The arrested were Phan Van Dung and his wife Dang Thi Lai, both born in 1978 and residing in Tay Son township of Huong Son district. Their vehicle was heading to Tay Son township from the Cau Treo international border gate. The pangolins, weighing about 150 kg, were hidden in the trunk. The couple admitted they were hired by a person living in Laos’ Laksao town to transport the wild animals to Vietnam through the Cau Treo international border gate. Authorised agencies seized relevant exhibits to carry out further investigation. The pangolin is one of the most trafficked mammals in the world. In Vietnam, illegal hunting, trading, poaching and transportation of even one pangolin carries punishment … [Read more...] about Couple arrested on suspicion of illegally transporting 150 kg of wild animals

  The Bờ Đậu BOT toll station on National Highway 3 in the northern province of Thái Nguyên. — VNA/VNS Photo Việt Hùng HÀ NỘI — The State Bank of Việt Nam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects. This was part of the Central Bank's report sent to the eighth session of the 14th National Assembly recently, which will be discussed by delegates. In the report, the SBV said many BOT and BT projects had been completed but were generating less revenue than planned, causing non-performing loans (NPLs) of about VNĐ53 trillion (US$2.27 billion). The SBV has repeatedly warned commercial banks about lending to BOT and BT transport projects due to the potential risks in this area. SBV data … [Read more...] about State Bank warns of NPLs from transport projects

A female bear named Bac Ha (Mint) was rescued by the foundation on Thursday after being caged for 15 years at a private estate in Dong Nai. Six other bears in Binh Duong were rescued Friday, Trang Bui, a spokesman for Four Paws Viet, said. While Mint needed to be anesthetized to be escorted out of the cage in Dong Nai, the other six bears – Thia La, Thom, James, Ot, Mui and Hung were lured with honey to walk into their transport crates by the rescue team. Mint’s ultrasound results showed inflammation in her gallbladder, possibly due to past bile extraction. Her skin, teeth and overall condition was relatively good. Four Paw Viet veterinarians check Mint's health at a private farm in Dong Nai Province, September 19, 2019. Photo courtesy of Four Paws Viet. The six bears from Binh Duong, kept captive for 17 years, were not as lucky. According to the organization’s veterinarians, they were all malnourished. Some suffered from keratinized skin on their feet, the others … [Read more...] about Seven moon bears rescued from Vietnam farms after 17 years in captivity

Despite a small supply of new projects at rather high prices, both investors and experts are optimistic about the prospects of this market – with good reason. Being rolled out since the end of 2018, The Grand Manhattan is one of few projects in District 1 achieving impressive sale performance The improving infrastructure, the rise of the Vietnamese middle class, and the arrival of rich foreign people are expected to give the market a new push in the near future. Short supply, rising prices A recent report by the Ho Chi Minh City Real Estate Association (HoREA) showed that the municipal city’s real estate market was on a declining trend in the first nine months of 2019. Meanwhile, the market witnessed a scarcity in housing supply in the central business district (CBD) despite high residential demand. Nguyen Hoang, director of DKRA Vietnam’s R&D Division, said that real estate products in the CBD remain in limited supply. Land bank in the CBD are … [Read more...] about Real estate in HCM City CBD: Optimism for the long-term