By Dr. Tung Bui, Faculty Director of Vietnam Executive MBA, University of Hawaii The year 2014 has been so far a great start for most of the world’s real estate markets. As 2013 was a great year for the stock markets, many investors are cashing in profits and moving some of their funds to real estate. Sell high, buy low, as one would say it. Illustrative photo. Apartment buildings in Hanoi Most notably, foreign investments in the real estate market have been just astounding. Chinese investors made the headline this morning in Australia as they spent almost $US.5.5 billion in Australia’s real estate market last year. According to ABC News in Australia, about 12% of new homes in Australia were bought by Chinese nationals in 2013. Credit Suisse reports that Chinese purchased 18% and 14% of new homes in Sydney and Melbourne respectively. Facing slower growth forecasts at home, and thanks to the new government policy called “Go Global”, Chinese are now in a … [Read more...] about NEWS BRIEF & COMMENT: Reviving the lackluster real estate in Vietnam with foreign investments?
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Dengue fever threat in Ha Noi The dengue fever is likely to break out again in the capital city unless appropriate preventive measures are taken, health experts warned at a workshop yesterday. Director of the Ha Noi Health Department Nguyen Nhat Cam said the number of dengue fever patients in the Central Region and Central Highlands declined in the first four months of this year compared to the same period last year. However, the figures have been rising in southern and northern regions in the past few weeks. Most northern cases were centred around Ha Noi, which had 52 per cent of victims. The city has recorded 37 cases of dengue fever so far this year. The municipal health department is building plans to control the outbreak, including providing training for medical workers at 30 key communes and wards at high risk. Cam also warned of a possible outbreak of hand-foot-mouth disease in children as the warmer weather progressed. Search begins for man missing at sea Quynh Long and Quynh … [Read more...] about Social News Headlines 7/5
Bridge wiped away, hamlet isolated The Chu Va 6 Bridge was wiped away on Sunday by floodwaters, turning Chu Va 6 hamlet into an island. The hamlet is located in Son Binh Commune, Tam Duong District, Lai Chau Province. Bui Quang Vinh, deputy chairman of Tam Duong District People's Committee, said a delegation was sent to the site and officials were building a temporary bridge. The bridge, which cost more than VND100 million (US$ 4,500), was built to connect Chu Va 6 and Chu Va 8 hamlets following the collapse of the original Chu Va 6 Bridge, which killed eight people in February. Nobel laureate Louis Ignarro comes to Vietnam American pharmacologist Louis J.Ignarro, who was co-recipient of the 1998 Nobel Prize in Physiology or Medicine, attended a seminar on Nitric Oxide’s role in cardiovascular treatment, held in HCM City on April 27. He delivered a keynote speech at the event that attracted more than 300 medical experts, doctors and leading pharmacists in cardiovascular … [Read more...] about Social News Headlines 29/4
New heritage tree in central Quang Ngai A ceremony was held on April 15 to mark the event. The tree, which is 25 meters in height and 20 meters in diameter was planted at the Lam Son communal house before King Le Hien Tong's reign (1740-1786). According to village elderly, surviving wars and natural calamities through decades, especially the fierce storms in 1910 and 1944, the banyan has developed well thanks to the villagers' care. The Vietnam Association for Conservation of Nature and Environment (VACNE) launched a programme to conserve Vietnam Heritage Trees in 2011. To win the honour, the trees must be at least 200 years old in the case of wild trees, and at least 100 years for those planted. Moreover, the trees should be connected with historical and cultural characteristics of the area where they grow. Others, which do not meet the aforesaid criteria yet have special values in science, history or culture, will be recognised as heritage. Nearly 500 trees have been named … [Read more...] about Art & Entertainment News Headlines 17/4
Grandmaster Liem climbs in rankings Le Quang Liem has jumped to world No 37 according to the International Chess Federation's April rankings. The news sees the Vietnamese Grandmaster return to the world's top 40 players with an elo rating of 2,710 after collecting points at the HDBank Open tournament last month in HCM City. Liem finished third with seven points, equal with teammate champion Nguyen Ngoc Truong Son after nine rounds. Son currently trails in the world rankings at number 165 with an elo of 2,612. The top spot belongs to Magnus Carlsen of Norway who has an elo of 2,881. There are currently no Vietnamese players in the Women's Top 100. Nguyen Thi Mai Hung is Viet Nam's top ranking junior player at number 15 on the girls leader board. Minh, Trang to compete in Singapore Open World No 10 Minh is the No 7 seed in the main round of the men's singles event and will meet Chou Tien Chen, No 23, in the first-round match. His female teammate Vu Thi Trang has to start with the … [Read more...] about Sports News Headlines 3/4