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Homes unpossessable for foreign owners made public
The Government has ordered the Ministry of Public Security and the Ministry of National Defense to co-operate closely with all Provincial Departments of Construction to make public the lists of real estate projects which foreign organisations and individuals will be unable to own.
Under the 2014 Housing Law, all foreign organisations or individuals are eligible for homeownership in Viet Nam.
In order to put the law into practice, the Ministry of Construction (MOC) has sent letters to all municipal and provincial People’s Committees nationwide, asking them to facilitate conditions for foreign organisations and individuals so they can apply for homeownership at their place of residence.
According to the MOC, all information relating to foreign homeownership must be posted on the web sites of local Provincial Departments of Construction.
If any foreign organisation or individual is facing problems in the pursuit of owning a house in Viet Nam, they should send their concerns to the MOC.
Ho Chi Minh City tax revenues top $4.3 bln
A real estate project introduced in Ho Chi Minh City. Photo: Dinh Son Ho Chi Minh City’s revenues topped VND96.6 trillion (US$4.3 billion) in the first half, with tax revenues from the private sector rising and that from the state sector falling. The amount was 9.5 percent up year-on-year and around half of this year’s target of VND195.8 trillion, according to the city tax agency. Beer, tobacco and real estate firms were the major contributors. Vietnam Brewery Limited paid more than VND880… chat_bubble_outline Read More...
Vietnam to rake in $7 billion from massive divestment push
Prime Minister Nguyen Xuan Phuc has instructed the government's investment arm State Capital and Investment Corp. (SCIC) to continue selling stakes in 10 state-owned enterprises in a bid to boost the stock market and fund the country's widening budget deficit. The companies include Vinamilk, the country’s largest listed firm, and beer giants Sabeco and Habeco. The government currently owns more than 89 percent in Sabeco and 82 percent in Habeco, according to the Ministry of Industry and Trade.… chat_bubble_outline Read More...
Demolition work begins in Calais 'Jungle'
Paris (AFP) - Workers escorted by scores of French police officers moved into the "Jungle" camp in Calais on Tuesday, demolishing shacks and tents emptied of migrants being bussed to centres around France.They tore down wooden shacks and used earth-moving equipment to carry debris away from the sprawling camp that people have used for years as a launchpad for attempts to reach Britain. World - Yahoo News chat_bubble_outline Read More...
New Zealand cancels meeting with Hong Kong democracy advocates on 'diplomatic' concerns
Veteran Chinese democracy advocate Martin Lee and student leader Joshua Wong pose together in New York September 22, 2015. Photo by Reuters/Daniel Bases New Zealand Deputy Prime Minister Bill English cancelled a meeting with two senior Hong Kong democracy supporters this week on advice from his foreign office, he said on Friday, underscoring a delicate relationship with China. English said in an emailed statement that he cancelled the meeting with former Hong Kong legislator Martin Lee and… chat_bubble_outline Read More...
The Latest: Trump goes out for dinner without press in tow
WASHINGTON (AP) — The Latest on Donald Trump's transition to the presidency (all times EST):10:30 p.m.President-elect Donald Trump has broken with protocol by leaving his Trump Tower residence without taking along his press contingent.The Trump transition team had informed reporters and photographers at Trump Tower that there would be no movement by the president-elect for the rest of the day and evening. Then, less than two hours later, a presidential-style motorcade left the building… chat_bubble_outline Read More...