This significant milestone in the U.S.-Vietnam relationship was attended by Deputy Prime Minister Truong Hoa BInh, leaders of the Ministry of National Defense, and representative from USAID and the U.S. Embassy in Vietnam. Vietnam’s Air Defense Air Force Command has handed over 37 hectares of the western portion of the airbase (known as Pacer Ivy) to USAID to begin ground operations for the Dioxin Remediation at Bien Hoa Airbase Project. The United States government has committed $300 million to restoring the airbase and surrounding areas, which will take 10 years to complete. USAID-supported work crews have built roads, constructed gates and offices, and initiated land clearance and survey activities. The objective is to first eliminate the risk of further dioxin migration off base, working with Dong Nai authorities to clean areas off base, and then to treat and contain contaminated soils. Also in the day, USAID also signed an agreement with the National … [Read more...] about US$390 million dioxin remediation operations commences at Bien Hoa Airbase
1031 exchange 45 day rule
High-end residential the top choice of foreign investors
Famous names in the market include Keppel Land and CapitaLand, with the first high-end real estate projects in the country such as The Estella and The Vista. The total supply of high-end apartments in Ho Chi Minh City as at the end of 2007, at approximately 1,700 units, of which about 1,000 units were from FDI projects, was a very small proportion compared to the city's population of 6.85 million at that time. “Since the market share of FDI projects is not high, the average price of high-end primary stocks in 2007 was at US$2,800 per sq m (at an exchange rate of VND16,112), representing an increase of 86 percent compared with sales launches in the previous year,” according to Khanh Nguyen, Associate Director, Capital Markets of Vietnam, at JLL. “This created a supply-demand imbalance that pushed prices beyond the affordability of homebuyers with real demand. There has been a long queue of buyers trying to compete for the very limited availability of these … [Read more...] about High-end residential the top choice of foreign investors
Cold snap moving south, reducing HCMC temperature to 20 degrees Celsius at night
Temperature reduced across the country on December 6. Specifically, it dropped to 11-12 degrees in Hanoi, 4-7 degrees in Ha Giang province, 4 degrees in Lai Chau, 3 degrees in Sa Pa district of Lao Cai province and 2 degrees in Mu Cang Chai district of Yen Bai province. Frost occurred in many places. HCMC saw it swing around 21 degrees early this morning. Temperature will drop to 20 degrees tonight. This cold wave is expeted to prolong in the next 8-9 days. The highest temperature will be 31 degrees in daytime. Many places in the Central Highlands have been cold with temperature dropping to 14-17 degrees. About 5-7 cold spells are forecast to slam in Vietnam this month. It is amid the dry season so localities should prevent drought and water shortage. Boats in the East Sea should watch over strong northeast winds caused by cold fronts. Frost in Fansipan mountain top where temperature dropped to 0 degree Celsius By Van Phuc – Translated by Phuong Ho Tags: Cold … [Read more...] about Cold snap moving south, reducing HCMC temperature to 20 degrees Celsius at night