The rising water has transformed roads into canals and homes into small islands, in some cases with only the roof or the windows peeking out above the water. People have no electricity, no food, no clean water and are desperate for basic supplies. … [Read more...] about Stranded flood victims in Ha Tinh on verge of running out food
High demand food
Sales of luxury apartments in Singapore hit record in 11 years
Hanoi (VNA) - Sales of Singapore apartments worth at least 10 million SGD (7.3 million USD) have hit an 11-year high, fueled by increased demand from Chinese millionaires seeking safe-haven assets, according to Reuters news agency. According to property consultants OrangeTee & Tie, investors have long viewed Singapore as an island of stability that attracts the super-rich from its less developed Southeast Asian neighbours, as well as multimillionaires from mainland China. In the first eight months of 2019, 68 condominium units priced at at least 10 million SDG were sold, the highest tally since the corresponding period of 2008. Expensive apartments in premium neighborhoods are mainly bought by foreigners, because at such high prices Singaporeans have the option to buy landed property, such as bungalows and mansions. Singapore does not allow foreigners to buy landed homes, except for those on the resort island of Sentosa.-VNA … [Read more...] about Sales of luxury apartments in Singapore hit record in 11 years
HCM City: many businesses fall into foreign hands
Besides, the Vietnamese large market with 95 million consumers and increasingly high number of middle-income earners proves to be attractive to investors. M&A is the fastest way for them to penetrate the Vietnamese market. Buying into Vietnamese enterprises will help foreign investors save time and investment cost. … [Read more...] about HCM City: many businesses fall into foreign hands
Vietnam’s beer sales drop sharply due to strict drink-driving rule
A traffic policeman uses a breathalyzer to test the alcohol level of a driver - PHOTO: VNA HCMC - Beer sales in Vietnam have dropped by at least 25% since Decree 100, which slaps heavy sanctions on inebriated drivers, took effect on January 1, according to Bloomberg. … [Read more...] about Vietnam’s beer sales drop sharply due to strict drink-driving rule
Transport Ministry reports lots of major traffic projects behind schedule
Similarly, Trung Luong-My Thuan expressway is 27 percent behind schedule. Authorized by the Transport Ministry, the People’s Committee of Tien Giang province in the Mekong Delta has made efforts to clear problems and advanced funds for site clearance but the situation has not been improved yet. … [Read more...] about Transport Ministry reports lots of major traffic projects behind schedule
