Monday, April 05, 2021, 17:47 GMT+7
A street in Hanoi is pictured on January 1, 2021. Photo: Pham Tuan / Tuoi Tre
Hanoi is currently the most expensive locality in Vietnam, followed by Ho Chi Minh City, while the Mekong Delta province of Hau Giang is the most affordable locale, according to the General Statistics Office (GSO).
The GSO has recently announced the Spatial Cost of Living Index (SCOLI) of 63 Vietnamese provinces and cities in 2020.
The SCOLI is calculated based on the prices of food and catering services; beverages and tobacco; apparel, hats and footwear; housing, electricity, water, fuel, and construction materials; household appliances; medicine and medical services; traffic; post and telecommunications; education; entertainment and tourism; and other goods and services.
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Customers shop at a GO! hypermarket. Thai retailer Central Retail Corporation has unveiled a five-year plan to invest 35 billion baht ($1.1 billion) to expand its footprint in Vietnam. CENTRAL RETAIL VIETNAM/VIET NAM NEWS
Thailand’s Central Retail set to invest $1.1B in Vietnam over next five years
Mon, 5 April 2021
Thai retailer Central Retail Corp (CRC) has unveiled a five-year plan to invest 35 billion baht ($1.1 billion) to expand in Vietnam.
CEO Yol Phokasub said: “Throughout CRC’s nine years of operations in Vietnam, food has remained a significant category, contributing approximately 70 per cent of total revenues. The company [now] aims to solidify the non-food category and enhance its omnichannel platform.”
Central Retail Corporation from Thailand has drawn up ambitious plans for the next five years in VietnamÂ
With a target of further expanding its footprint in Vietnam as a high-potential market, Thailandâs Central Retail Corporation (CRC) has come up with a five-year plan with an investment value of approximately THB35 billion ($1.1 billion) to cover 55 cities and provinces nationwide.
Yol Phokasub, CEO of CRC, revealed in a statement in early April that CRC is forging on with business expansion in Vietnam. âThanks to strong collaboration from all sectors, Vietnam has emerged from the COVID-19 pandemic with a GDP growth rate of 2.91 per cent, the lowest growth for the market but still positive growth while most other countries reported an average 4.4 per cent reduction. Vietnamâs economy is predicted to bounce back to 6.8 per cent in 2021,â he said.
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A secondary section of the Ho Chi Minh Trail in the backcountry of Ta Oey District. Image by George Black. Laos, 2019.
It was a blazing-hot morning in October 2019 on the old Ho Chi Minh Trail, an intricate web of truck roads and secret paths that wove its way across the densely forested and mountainous border between Vietnam and Laos. Susan Hammond, Jacquelyn Chagnon and Niphaphone Sengthong forded a rocky stream along the trail and came to a village of about 400 people called Labeng-Khok, once the site of a logistics base inside Laos used by the North Vietnamese Army to infiltrate troops into the South. In one of the bamboo-and-thatch stilt houses, the ladder to the living quarters was made from metal tubes that formerly held American cluster bombs. The family had a 4-year-old boy named Suk, who had difficulty sitting, standing and walking one of three children in the extended family with birth defects. A cousin was born mute and did not learn to walk unti
March 16, 2021, by Nadja Skopljak
LOC has secured a contract to provide marine warranty services (MWS) and consultancy for the Tra Vinh No. 3 intertidal wind farm in Vietnam.
LOC will support the development of the first phase of the project, including the review and approval of the loadout and marine transportation operations of components between local ports and the wind farm site.
The team will also review and approve lift installation activities, using barge cranes or separate crane vessels, for the primary structures and equipment on site.
The project’s first phase development will consist of 12 Vestas 4 MW turbines, a 22/110kV station, with 1×63 MVA capacity, and 21 km of 110kV transmission line.