Despite ownership issues, many foreigners are looking to buy property in Vietnam, Photo: Le Toan Feelings among first buyers Kevin Hawkins, co-executive partner of ZICO Law Vietnam, bought an apartment in Saigon Pearl from a deposit contract from a Vietnamese owner who already paid 95 per cent of the price in 2009. “I have been living here since 2003 and was tired of wasting money on renting a house. Thanks to the pilot programme permitting foreigners to buy houses, now I can make my dream of owning a home come true and register it under my name,” Hawkins told VIR. Meanwhile, Leung Kai Sun Sunny, a buyer from Hong Kong, believes foreigners are mostly waiting to come across the ideal property that ensures long-term benefits. Leung had bought four units in high-end projects in Ho Chi Minh City and said that he received a good yield and much better benefits than what is available in neighbouring countries. “The expense of buying land plots and construction in other … [Read more...] about Foreigners acquire taste for property
Long island lawyers
Social News 19/12
Polluting slaughter house to be moved out of Hoi An A slaughter house will be moved out of Hoi An Town A large slaughter house will be moved out of the centre of Hoi An Town next year to prevent environment pollution according to local authorities. The slaughter house in the centre of Hoi An Town has been in operation for 30 years. Ho Trong Nghia, former party secretary cum chairman of Son Phong Ward, said the slaughter house was located in his ward had caused severe pollution. After gathering opinions, the slaughter house was temporarily relocated to Cam Chau Ward, out of residential areas. When the authorities find a better location, they would relocate the slaughterhouse again. "I only agreed to let the slaughter house stay in Cam Chau Ward for a maximum of five years because of rapid urbanisation. But it was still there when I retired," he said. "I also suggested relocate it several times since more and more private houses, hotels and restaurants have been built." According to … [Read more...] about Social News 19/12
Taxing times for the internet icons
Governments worldwide are concerned with the spread of so-called fake news online, Photo: freepik Last week, Google has been accused of manipulating users to track their activities in the Czech Republic, Greece, the Netherlands, Norway, Poland, Slovenia, and Sweden. AFP reported that seven European consumer groups filed complaints against Google with national regulators, accusing it of covertly tracking users’ movements in violation of EU data protection regulations. The complaints stated that Google used “deceptive design and misleading information, which results in users accepting to be constantly tracked.” Council official Gro Mette Moen charged, “Google uses extremely detailed and comprehensive personal data without an appropriate judicial basis, and the data is acquired by means of manipulative techniques.” Social media contains risks Over the last years, the emergence of the Internet and social media has brought about quite the information … [Read more...] about Taxing times for the internet icons
Singaporean in megachurch fraud charged for trying to flee jail sentence
SINGAPORE -- A Singapore church official convicted in a multimillion-dollar fraud case was charged again in court on Thursday after trying to flee the city-state on a boat a day before he was to begin serving a reduced jail sentence. The five-year long legal battle that mixed fraud and faith had gripped the wealthy southeast Asian island, where there is little tolerance of corruption. Chew Eng Han, who was the treasurer of the City Harvest Church and an investment manager, had hired a boat to escape to neighbouring Malaysia, a trip of less than an hour, when he was arrested by the coast guard on Wednesday, Singapore police said. Chew was arrested "for attempting to leave Singapore illegally," the police said in a statement, adding that their investigation continued. Chew and another man were arrested in a motor boat off the island of Pulau Ubin north of Singapore. Chew had S$5,000 in cash, the police said. Singapore media said the pair claimed to have been fishing when questioned. … [Read more...] about Singaporean in megachurch fraud charged for trying to flee jail sentence
Social News 16/1
Fire destroys thousand sq. meter wood factory in Dong NaiA huge fire suddenly occurred at a wood factory of Shing Mark Company in Bai Xep Industrial Park, Trang Bom district, Dong Nai at midnight on January 15. Because materials inside the wood factory are easily ignited, the flame quickly spread out causing the firefighters to meet difficulties in order to access the site and localize the fire. By 5am today, the blaze was extinguished.The initial information showed that there was no death in the fire; however, the flame destroyed thousand sq. meter factory and burnt wood materials inside the factory. At present, the functional agencies have investigated the cause of the fire. HCM City ensures traffic safety for TetThe Ho Chi Minh City Traffic Safety Committee has deployed various measures to ensure traffic safety and order in the city before and during the Tet (Lunar New Year) holiday.Nguyen Ngoc Tuong, deputy chief of the committee, said, “The campaign aims to … [Read more...] about Social News 16/1