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/ March 1, 2021

What makes Phu Quoc’s real estate attractive to investors?

The Hanoitimes - Population in Phu Quoc likely triples in 2030, resulting high demand for hospitality industry. The administration upgrading has made Phu Quoc the first island city in Vietnam, opening up an era for the locality equal in size to Singapore. The tourism-based island city is destination for upcoming real estate investment. Photo: Kiengiangtravel The move is considered a momentum for the island that is well-known for tourism, creating favorable conditions for the mushrooming of real estate projects, local experts have predicted. It triggers a question on how Phu Quoc’s real estate attractive to investors. The expertise might offer a broader view of the potential there. Dang Phuong Hang, managing director, CBRE Vietnam, said that real estate ecosystem models like hospitality will match the tourism-based island. The development of tourism will support the growth of three-pillar model namely hospitality real estate, entertainment, and high-end housing segment, she added. Phu Quoc’s real estate sector has significant room to grow thanks to youngling market, plenty of investment opportunities, and reasonable prices. In addition, well-equipped resort projects are expected to drive up the service prices. Enormous potential for real estate market is obviously seen in newly-established wards like Duong Dong and An Thoi, Hang said. "The city status will enable Phu Quoc to make master growth planning, including strategies for tourism industry. The city’s population is forecast to triple by 2030, forming elite groups that demand high-end services," Hang said. Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA), said the three-pillar ecosystem [hospitality real estate/resort – entertainment – high-end housing segment] is the most suitable model for the island tourism city of Phu Quoc. Notably, the well-invested infrastructure and more convenient transport have fueled the increasing flows …

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/ February 28, 2021

VIETNAM NEWS HEADLINES FEB. 28

Vietnam has no COVID-19 case to report on February 28 morning Vietnam saw no new COVID-19 case over the past 12 hours to 6am February 28, making the national tally unchanged at 2,432, according to the National Steering Committee for COVID-19 Prevention and Control. Among the total, 1,530 were locally infected, including 837 cases since January 27. A total 1,844 COVID-19 patients have recovered so far, and the death toll remains at 35. Among those still under treatment, 32 have tested negative for SARS-CoV-2 once, 50 twice and 100 thrice. By February 27 afternoon, 10 provinces and cities had gone through 14 consecutive days without new locally-infected cases of COVID-19. As many as 63,054 people who had close contact with confirmed patients or returned from pandemic-hit regions are being quarantine across the country./. First Vietnam medical achievement award calls 16 winners The Voice of Ho Chi Minh City (VOH), the local official radio broadcasting station, together with the municipal Health Department hosted the first Vietnam medical achievement award ceremony on February 26 to honour 16 contributions to the community’s wellbeing in 2020 from across the nation. The contributions were voted by the public from 22 nominations selected by the award’s council of professionals. Three months after its launch, the award received more than 60 nominations from medical facilities nationwide. Among the winners were the work of doctors at the Cu Chi COVID-19 treatment hospital – the first of its kind in Vietnam, and medical staff at the HCM City Centre for Diseases Control. Since the pandemic begin in the country, hundreds of medical workers in Ho Chi Minh City have taken turns to be at the hospital, while preventive medicine workers at the centre have worked day and night on contact-tracing and testing sample collection. Another was the operation that separated 16-month-old conjoined twins – Truc Nhi and Dieu Nhi, with the sisters now able …

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/ March 1, 2021

Village elder dedicated in Krêl economic and cultural development

Rơ Mah Chel works as a teacher at Võ Văn Kiệt Primary School in Ia Dơk Commune in Đức Cơ District, Gia Lai Province. VNA/VNS Photo GIA LAI — In Krêl Village in Đức Cơ District of Gia Lai Province in the Central Highlands, one ethnic minority member stands head and shoulders above the rest. Rơ Mah Chel is a inspiration to his peers and has gained the trust and respect of all those around him. Together with the head village and local authority, he has helped residents improve their education, change the old habits, and apply advanced techniques in cultivation and husbandry to get out of poverty. He is also the person who informs people of the Government’s policies and conveys their aspirations to the local authority. Chel has been a teacher since he was 20. He chose the career as he believed that knowledge would change his life and he could help his villagers improve theirs too. Chel said he started his job when the village was quite poor and underdeveloped. He had to go to every students’ house to persuade their parents to let the kids go to school. In the morning, he came and picked up the students and took them home, even continuing lessons late into the night. Years have gone by and some of his students have become officials with the local authorities. He is still dedicated to the job at Võ Văn Kiệt Primary School in Ia Dơk Commune in Đức Cơ District. Among few literate people in the village, Chel read books on techniques of cultivation. He realised that the land of his village was nutritious, but the crops’ productivity remained poor due to people’s lack of knowledge and old fashioned habits. He decided to be the pioneer to change people’s cultivation techniques. He took courses on coffee and rubber planting and applied these methods himself. After the first year, he had earned nearly VNĐ300 million (US$13,070) from two hectares of rubber trees, one hectare of coffee trees and more than 100 pepper trees. After several …

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