More office building projects changing hands By Dinh Dung - The Saigon Times Daily The Centre Point building on Nguyen Van Troi Street is being offered for sales just a few months after a Japanese investor purchased the project - Photo: Dinh Dung HCMC – The office-for-rent market in HCMC in the past few years has witnessed several project transfer transactions, and this trend will likely rise under the current tough market conditions, with a number of projects reportedly under negotiation to change hands. Many investors have been running into financial problems due to the troubled economy, and thus seeking partners to sell their property projects. This has resulted in a more bustling market of project transferring. A wave of project trading The most notable transaction is the transfer of Centre Point office building project on Nguyen Van Troi Street, Phu Nhuan District. It took over a year for Jones Lang LaSalle Vietnam to settle down a stake transfer from project owner … [Read more...] about More office building projects changing hands
A lot of mammoth multi-billion dollar foreign invested projects granted by local authorities have been lost gradually, because they are facing the risk of having license revoked, or the projects’ investors cannot implement the registered projects. This has led to a lot of consequences in the investment structure, local economic programming and people’s lives. Part 1: Big projects leave HCM City Two bad pieces of news relating to the multi-billion dollar projects in HCM City occurred in the last week alone. The project on the Thu Thiem software park in district 2 with the initially registered capital of up to 1.2 billion dollars is facing the risk of having license revoked. The HCM City’s authorities once hoped that once it becomes operational it will contribute 4.3 billion dong in tax a year, create a turnover of 6.5 billion dollar and generates 70,000 jobs to software and information technology engineers. Meanwhile, Chair of the HCM City People’s Committee … [Read more...] about A lot of many multi-billion dollar projects lost gradually
Terms of Reference for the final evaluation of project “Non-state Actors Promoting Budget Transparency” December 2017 Terms of reference Programme title Non-state Actors Promoting Budget Transparency (BTAP project) Partner organisation/s Multiple Geographical coverage Vietnam (national level): Hoa Binh and Quang Tri provinces Program/project lifespan March 2015 – March 2018 Program/project budget €800,000 Evaluation budget €6,000 – €7,000 Evaluation commissioning manager Nguyễn Thu Hương (Oxfam) Evaluation manager Trần Thị Thanh Thủy (Oxfam) and Nguyễn Thùy Linh (CECEM) Background, rationale and purpose of the evaluation BTAP is a three-year project funded by the European Committee that runs from March 2015 to March … [Read more...] about Terms of Reference for the final evaluation of Oxfam’s project “Non-state Actors Promoting Budget Transparency”
Vietnam is believed to be a good place for setting up oil refineries, as the country still has to import petroleum products to meet the increasingly high demand. However, investors have been advised to think carefully before making investment decisions in Vietnam. The Khang Thong Group has reportedly signed with STFE group and Thai PTTES--a contract on technical designing for an oil refinery with the expected capacity of 12 million tons per annum, expected to be located in Nhon Hoi Economic Zone in Binh Dinh province. As such, the list of the oil refinery projects has been extended. Partners for joint ventures - where to find? According to Nguyen Van Thuyet of the Nghi Son Oil Refinery Complex project management board, Vietnam’s oil and gas industry remains a fledgling; therefore, setting up joint ventures with foreign partners is always the thing Vietnamese investors want However, it is not easy to find out foreign partners to form up joint ventures which can run oil … [Read more...] about How many oil refinery projects will survive?
But there is one national artistic treasure which is on the path to restoration, Kim Hoang painting. Kim Hoang (golden-made) painting is a common name given to folk painting invented in the second half of the 18th century and strongly developed since the 19th century at Kim Hoang village, Van Canh commune, in Hanoi’s suburban district of Hoai Duc. It can be said to be a blend of both old styles. The subjects in Kim Hoang paintings are taken from the plain and ordinary lives of the citizens of the Red River Delta, so they easily win people’s hearts. Each painting has familiar sights of animals as swell as depicting local daily life, Lunar New Year holidays and worship of the Kitchen Gods. Artist Dao Dinh Trung performs his brush stroke on a Kim Hoang painting at Hanoi Centre for Cultural Exchange, 50 Dao Duy Tu Street, Hanoi. According to Sach Do Hoa Co Vietnam (The Ancient Graphic Arts of Vietnam), ancient Kim … [Read more...] about Project to restore golden paintings underway