HCMC promotes smart cities along metro lines
According to Ms. Ho Thi Quyen - Deputy Director of the Ho Chi Minh City Investment and Trade Promotion Center (ITPC), the investment project in metro lines is a key content in the orientation of developing smart cities according to the TOD model - a model to encourage people to use public transport instead of private vehicles. This is an important tool for the City to restructure urban areas, form a multi-center model and develop sustainably.
The metro system has many outstanding advantages, the transportation capacity is 6-10 times higher than buses and 60-100 times higher than private cars; operating quickly, safely, on time and environmentally friendly thanks to the use of electricity. See more...
Traders at Kinh Mon market, Hai Phong are upset because their business is being obstructed
According to the reflection of traders to Lao Dong Newspaper, Kinh Mon market was formed in 2010 by members contributing capital and registering a business household under the name of Mr. Pham Hung Duy. After a period of operation, on October 5, 2023, the members transferred all contributed capital to Mr. Truong Van Lap, Ms. Nguyen Thi Thap and Mr. Pham Hung Van; and elected a new Market Management Board according to the commitment in the agreement contract dated October 1, 2023.
At first, business at the market was stable, traders paid taxes, fees, and kiosk rental fees in full. However, since April 2024, after Mr. Pham Hung Van took over the management, many business households said that they were being oppressed, causing difficulties in operations. See more...
Gold price warned to enter unbalanced zone with 50% increase in just 30 weeks
Ms. Carley Garner - co-founder of brokerage firm DeCarley Trading - who still maintains the view that gold prices have created a peak - said that she started predicting gold reversal since the price exceeded 3,000 USD/ounce, but the market has gone back: in just 30 weeks, gold has continuously set new peaks above 4,000 USD/ounce. The strong increase has led to large fluctuations, as reflected in recent strong trends.
Garner admitted that prices had not decreased as she expected, but the strong fluctuations caused many risks to the selling position. She is using small-scale gold futures (micro gold) as a defense, to limit losses until the market is more stable.
We try to weather the big waves. When the market is less hot, we may get rid of orders without doing too much damage," said Garner. See more...
Approving the Project to establish the Farmers' Support Fund of An Giang Province
On October 24, the An Giang Provincial People's Council held the 4th session (special session) to approve important draft resolutions. In which, there is a draft resolution approving the Project to establish the Farmers' Support Fund of An Giang province (on the basis of merging the Farmers' Support Fund of An Giang province and the Farmers' Support Fund of Kien Giang province).
The An Giang Provincial Farmers' Support Fund is headquartered at the Headquarters of the An Giang Provincial Farmers' Association.
The Provincial Farmers' Support Fund is a non-budgetary state financial fund under the Provincial Farmers' Association; operating not for profit, preserving and developing capital. See more...
