How to get rich? Vietnamese officials say ‘hard work pays off’

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Báo Tuổi Trẻ English 1 month(s) ago

Some Vietnamese officials are countering suspicions of their over-the-top personal fortunes with nostalgic evocations of the ‘good ole’ days’ when hard labor for a few extra pennies was the key to wealth.

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Vietnam department head claims personal $887k villa complex funded by bank loans

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Báo Tuổi Trẻ English 1 month(s) ago

Few Vietnamese would turn to bank loans to finance a US$887,000 house buidling plan, but the director of a provincial department has asserted that it is how his 1.3 hectare villa complex was funded.

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Dynamically growing Ho Tram Strip in the grand plan for Vietnam's economic development

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Báo Đầu Tư English 1 month(s) ago

On June 15, Ho Tram Project Company (HTP) announced the development of the third phase of its Ho Tram Strip project, a residential tower, condotel, and villa development, marking another milestone for the project as well as the company. Michael Kelly, HTP’s executive chairman, talked with VIR’s Hong Anh about HTP’s grand plan for Ho Tram Strip and the company’s work to turn the development into a major attraction in the south of Vietnam that also contributes to the economic...

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Under construction villa gives way into lake in Vietnam’s Central Highlands

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Báo Tuổi Trẻ English 2 month(s) ago

An under construction villa worth nearly VND4 billion (US$175,979) has collapsed into a lake in Vietnam’s Central Highlands during the night.

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Nha Trang residents tricked into buying mortgaged villas

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Báo Tuổi Trẻ English 2 month(s) ago

Buyers who purchased units in a luxury villa complex project in the famous beach city of Nha Trang are panicking after finding out the properties have already been mortgaged by the developer.

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Kahuna to make waves at Ho Tram

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Báo Đầu Tư English 2 month(s) ago

Ho Tram Project Company (HTP) today announced the development of the third phase of its Ho Tram Strip project, its residential tower, condotel and villa development.

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Intercontinental Danang celebrates 5th anniversary with multiple WTA accolades

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Báo Đầu Tư English 2 month(s) ago

InterContinental Danang Sun Peninsula Resort developed by Sun Group once again brought home prestigious awards from World Travel Awards.

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Hyundai RNC Ha Tay to pay $222,200 compensation

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Báo Đầu Tư English 2 month(s) ago

Hyundai RNC Ha Tay, the developer of Hillstate Residential and Trading Complex in Hadong district of Hanoi, was ordered to pay VND5 billion ($222,200) to its customers.

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New trend: Vietnamese capital flowing into foreign real estate markets

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Báo Đầu Tư English 3 month(s) ago

While foreign capital flows into the Vietnamese real estate market, domestic capital also flows out of Vietnam into various markets around the world.

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PropertyGuru announces award finalists

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Báo Đầu Tư English 3 month(s) ago

CapitaLand Vietnam, MIVI Joint Stock company, Nam Long Investment Corporation, and a number of others were shortlisted for the 2017 PropertyGuru Vietnam Property Award.

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Villa construction of state-owned company head suspended for lacking permit

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Báo Tuổi Trẻ English 4 month(s) ago

The construction of a villa belonging to the director of a state-owned water company in the Mekong Delta province of Soc Trang has been permanently suspended due to lacking a proper building permit.

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Police confiscate villa of on-the-run PVC chairman

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Báo Dân Trí English 4 month(s) ago

The Ministry of Public Security has asked authorities in the northern province of Vinh Phuc to confiscate a luxury villa at Tam Dao Mountain which is suspected to be owned by former chairman of Vietnam Petroleum Construction Joint Stock Corporation (PVC), Trinh Xuan Thanh.

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Vietnam anti-corruption official moonlights as xe om to save for $133k villa

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Báo Tuổi Trẻ English 4 month(s) ago

Though considered a difficult and low-paid job, xe om, or motorbike taxi driver, has emerged as a dream work in Vietnam after one state official claimed to have saved enough money to build a luxury villa while doing it part-time.

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Bahamas Tower - wide open vistas, three breath-taking views

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Báo Đầu Tư English 5 month(s) ago

A property project can be defined as high-end by satisfying several key factors, one of which is an expensive price point.

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Company fined $1,700 for building 40 villas without permit in Da Nang

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Báo Tuổi Trẻ English 5 month(s) ago

A company in the central Vietnamese city of Da Nang has been fined VND40 million (US$1,765) for constructing 40 villa-mansions without a building permit.

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