HA NOI (VNS)— The construction ministry recently issued a circular on the management and use of apartment buildings, which is expected to improve the relationship between residents, investors and the building’s management boards. As apartment buildings become popular in crowded cities along with the country’s rapid urbanisation and growing population, the lack of clear regulations about the management and use of apartment buildings have resulted in conflicts between the relevant parties, affecting residents’ life and undermining trust. Circular No 02/2016/TT-BXD, which will take effect on April 2, is expected to tackle the problems. The service operation fee, one of the greatest concerns of apartment residents, is calculated based on the…
Foreign visitors to Viet Nam increase by 3.5% in February
HA NOI (VNS) — More than 833,000 foreign visitors entered Viet Nam in February, a 3.5 per cent increase from the previous month and 20 per cent surge year-on-year. According to the General Statistics Office (GSO), the latest addition has brought the number of foreign arrivals to the country in the first two months up to approximately 1.64 million, representing a year-on-year increase of 16 per cent. Foreign arrivals by air reached about 1.33 million, up 14.2 per cent year-on-year while arrivals by road saw a yearly rise of 31.3 per cent to 288,000. However, arrivals by sea declined 22 per cent to number 24,200. During the reviewed period, the…
NA aims to pass four draft laws in final session
HA NOI (VNS) — The last session of the National Assembly’s (NA) 13th tenure will officially open on March 21 and wrap up on April 14, the NA announced yesterday. Four new draft laws are expected to be reviewed and passed during the 11th session, including the Law on Information Access, amendments and supplements to articles in the Value Added Tax Law, and the Laws on Excise Tax and Tax Management. The NA will also look into amendments made to five laws regulating the conclusion, accession and implementation of treaties; the press; the protection, care and education of children; and the pharmaceutical and import/export duty. The session – the last…
Treatment of rare diseases in VN is expensive
The conference was held on Sunday to mark International Rare Disease Day. A rare disease is defined as one that affects one in 500 people to one in 2,000 people. An estimated 350 million people suffer from rare diseases in the world. While a majority of the conditions are genetic in origin, others are the result of infections, and environment or degenerative factors. Rare diseases usually appear in early in life and about 30 per cent of the children with rare diseases die before the age of five. Dr Vu Chi Dung, head of the department of endocrinology, medical genetics and metabolism under the National Hospital of Pediatrics (NHP), said…
Exchange rate to be stable in 2016
Hanoi (VNA) – The exchange rate in 2016 will not have big changes in order to ensure macro-economic stability and support economic growth in accordance with the Government’s orientations, according to Bui Quoc Dung, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department. Dung said that before the SBV implemented its new exchange rate management by announcing the central rate daily, many economists and organisations had forecast an increase of 5-7 percent in the exchange rate. However, the forecasts changed as the central bank’s move helped stabilise the forex market and made the exchange rate decrease sharply. The Standard Chartered Bank predicted a rise of 1-2 percent in…