Real Estate

On August 19th, the Saigon Marina IFC (International Financial Center) officially opened its doors in Ho Chi Minh City. This 55-story tower, located in the heart of the city at 2 Ton Duc Thang, Saigon Ward, directly connected to the Ba Son station of Metro Line 1, marks a significant milestone in the journey to establish a thriving international financial hub in Vietnam's economic center.

The proposed residential development project on prime land along the Tran Cao Van and Nguyen Tri Phuong roads in Thuan Hoa ward offers a unique opportunity for the community. With its central location, easy access to major roads, and proximity to Vincom Plaza and the Hue People's Committee, just 1km away, this project promises to be a convenient and desirable place to call home. We invite the community to share their thoughts on this exciting venture and its potential impact on the area.

"Nothing is impossible" is the inspiring mantra that Prime Minister Pham Minh Chinh has instilled in the hearts of Vietnam's government officials. In his visionary leadership, the Prime Minister has mandated a weekly reporting system for all ministries and sectors. This proactive approach ensures that bottlenecks are swiftly addressed and comprehensive preparations are made for the timely implementation of vital rail projects. With a keen eye on detail, he emphasizes the importance of meticulous planning in terms of funding and standards, setting the stage for a transformative transportation future for the nation.

The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of "Accepting bribes" and "Giving bribes" as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.

The Danang People's Court has sentenced Vo Nhi, a former official of the City People's Committee Office, to 14 years in prison for abuse of trust and appropriation of property. This case involves a former city leader who, due to their trust in an acquaintance, asked them to purchase land on their behalf, only to have it appropriated.

The proposal put forward by HoREA suggests that the government implement a "strict regulation" regarding the reduction of land use fees when converting agricultural land to residential land. They recommend a flat rate of 20% for land allocations within the residential land limit and 30% for allocations exceeding this limit.

The tourism boom, consistent inflow of FDI, and GRDP growth rate surpassing 11% have laid the foundation for robust demand for luxury apartments in central Da Nang. However, the irony lies in the fact that as investor demand surges, the actual supply trickles in.

The Danang Construction Corporation is proud to announce the release of a new residential project: Bàu Tràm Lakeside. This vibrant, eco-friendly urban development offers a unique opportunity to secure a home in an idyllic, nature-rich setting. With a focus on sustainable living and a vibrant community, Bàu Tràm Lakeside presents an exciting prospect for those seeking a harmonious balance between modern convenience and a tranquil, natural escape.

Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers' housing, and projects for the renovation and construction of apartment buildings.

The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of "Bribery" and "Receiving bribes". This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.