Nearly three years after being launched, Phu My Hung Midtown which is being developed jointly by Phu My Hung Development Corporation and three Japanese partners, has become a magnet in the HCM City real estate market, in the South Sai Gon area in particular. Soon after being unveiled at the end of 2016, the project heated up the market and created records in terms of sales with nearly 100 per cent of units being snapped up on the first day of each stage. Well selling rate at every event Japan has always been one of the biggest foreign investors in Viet Nam. While many other companies have been tapping this source of investment for a long time, Phu My Hung Development Corporation only shook hands with Japanese investors in recent years, and since it is a big change, it has been very careful in choosing the Japanese partners, Phu My Hung said. The most important factors the company focuses on when choosing foreign partners are business culture and sustainability of development. After … [Read more...] about Phu My Hung Midtown, the magnet in South Sai Gon property market
54 hours the gladbeck hostage crisis
Qatar's Almoez Ali scored four goals against North Korea, with hardly anyone watching from the stands due to the Gulf blockade. (Photo: AFP/Giuseppe CACACE) With Saudi Arabia the chief protagonist in a Gulf crisis that has left Qatar, the 2022 World Cup host, cut off from its neighbours since mid-2017, the group game at Abu Dhabi's Zayed Sports City Stadium resonates far beyond the pitch. Even in sporting terms it is one to watch, with both teams scoring a hatful of unanswered goals in their opening two games, suggesting they are among the favourites to lift the trophy at the same venue on Feb 1. Qatar have entered the lion's den at the tournament in the United Arab Emirates, an unflinching Saudi ally and one of the countries which have slashed diplomatic ties and transport links, protesting that Doha supports terrorism - a claim the Qataris deny. It means that Qatar are playing without any of their fans at the Asian Cup. Just 452 people watched their 6-0 win over North Korea, the … [Read more...] about Mind the gulf as crisis hit Qatar, Saudis clash at Asian Cup
Inter Milan’s Belgian midfielder Radja Nainggolan is set to miss a crucial game against Napoli. — AFP PhotoViet Nam News ITALY — Inter Milan’s new CEO Giuseppe Marotta has begun to ring the changes at crisis-hit Inter Milan with the axe falling on Belgian bad boy Radja Nainggolan who has been suspended for disciplinary reasons by the club despite Wednesday’s key Serie A game against Napoli looming. Marotta arrived at the Chinese-owned Italian club from Juventus this month after an eight-year spell during which the Turin giants won seven Serie A titles and four Italian Cups. And the 61-year-old Marotta wants to turn the clock back for Inter whose best decade, culminating with the treble of Champions League, Serie A and Italian Cup crowns under Jose Mourinho in 2010, has been followed by the worst. Nainggolan was suspended after again turning up late to training on Sunday following the team’s demoralising 1-1 draw against bottom club Chievo. The … [Read more...] about Marotta rings the changes as crisis-hit Inter tackle Napoli
VietNamNet Bridge - Turkey, Argentina and other countries have recently witnessed their local currencies depreciating dramatically against dollars. How about Vietnam? Will the crisis spread to Vietnam? Analysts have reasons to worry that the monetary crisis may spread to emerging and frontier economies, including Vietnam. These particular economies are now suffering from foreign capital outflow and bear influences from the China-US trade war. In contrast, the macroeconomic situation in Vietnam is believed to be stable. These particular economies are now suffering from foreign capital outflow and bear influences from the China-US trade war. In contrast, the macroeconomic situation in Vietnam is believed to be stable. RELATED NEWS Can Vietnam escape the '10-year crisis cycle’? Ten-year cycle of recessions does not always occur: economists Kim Chi … [Read more...] about Can Vietnam resist the global monetary crisis?
Illustration by Minh TríViet Nam News By Mai Hiên HÀ NỘI — For years, social housing has been a hot issue in Việt Nam. Living in decent, affordable housing in a reasonable location is one of the most important goals for all Vietnamese people. It is undeniable social housing can help provide for basic housing needs, especially for those with low incomes. But experts say it can have adverse effects on society if it is not planned and executed properly. Hoàng Thị Loan, a resident of Viglacera Corporation’s Đặng Xá social housing project, said she is satisfied with her apartment. “Thanks to a preferential loan from the government’s housing stimulus package, I can own an apartment for just VNĐ350 million ($15,000),” she told Việt Nam News. She added that buying a house was out of reach on her monthly salary of VNĐ5 million. Loan also said social housing was a practical option for young … [Read more...] about Exploring solutions to the affordable housing crisis