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Posts Tagged ‘Land’

Land fever to recur in 2011?

In Uncategorized on December 16, 2010 at 9:25 pm




Land fever to recur in 2011?


QĐND – Thursday, December 16, 2010, 21:4 (GMT+7)

Experts believe that sooner or later a land fever will occurr , , and this should not be seen as a spontaneous phenomenon, but as the result of the lack of appropriate economic regulations.


The demand for real estate increasingly high


As Vietnam urbanizes, more and more well-off families use their savings to purchase houses and land in Hanoi, HCM City and other big urban areas


With a population of 86 million, Vietnam ranks 13th among 218 countries and territories in the world, while its area ranks only  64th. With 260 people per square kilometer, Vietnam’spopulation density is double that of other Southaast Asian countires and five times higher than the average figure in the world. However, urbanites only account for 30 percent of the total population.


Analysts believe that together with the economic growth, the percentage of urbanites would increase from 30 percent to 50 percent in the next 10 years.


Moreover, the growing prosperity of the national economy has been attracting overseas Vietnamese and foreigners. More and more overseas Vietnamese have been returning to Vietnam, and many of them want to settle here. The number of foreigners working for representative offices and international institutions has been increasing, also raising the demand in the real estate market.


Once the number of urban residents and the living standards standards increase, the demand for accommodation will grow accordingly. Sincethe land fund is limited, this pushes the price of the real estates. This explains why the market regularly witnesses land fevers.


The “periodic motion” of the real estate market


Since 1993, the real estate market has witnessed four  instances of land fever. The first one occurred in 1993-1994, the second one in 2001-2002, the third in late 2007 and the latest in early 2010.


One can see that there was a long, 6-7 year period of time between the first and the second, with each lasting two years. Meanwhile, the time between the two last fever attacks was shorter and their duration was also shorter. The third land fever in 2007-2008 lasted only six months, while the fourth lasted four months only.


This was because of the timely intervention from the State. the State, which holds big areas of land and a large accommodation fund, and other financial tools, successfully cooled the fever.


Another factor that affected the real estate market in Vietnam was the global financial crisis in early 2008. After 2010, when the economic recession bottoms out, a new period of recovery and price increases will begin.


Dr. Nguyen Thac Hoat, a finance expert, believes that a recurrence of land fever is inevitable.


The influences of macroeconomic factors


Contrary to most experts’ predictions , Nguyen Tho Phung, a real estate expert at Vietinbank, thinks that the land price fever is not very likely to happen, at least in the first half of 2011.


The main reasonbeing, i that the State Bank of Vietnam has requested commercial banks to limit the loans to the real estate sector. Besides, once the plan for Hanoi development by 2030 is approved, many new real estate projects will be implemented.  the land price fever? will not occur, once the supply is profuse.


Dr. Nguyen Van Nam, former Member of the Prime Minister’s Research Team, said that in general, before the Communist Party’s Congress, all activities in the national economy seem to go more slowly.


The new period forof the national economy will begin after January, when the Communist Party’s Congress finishes.


The goods prices and inflation may increase again. The real estate prices may also increase, because the demand for real estate is becoming higher and higher, not only from those, who need accommodation, but also from those who want to save their money in assets.


Source: VNN


Source: QDND

Land of nine dragons looks towards Hanoi’s 1,000th birthday

In Uncategorized on October 13, 2010 at 4:00 am




Land of nine dragons looks towards Hanoi’s 1,000th birthday


QĐND – Sunday, October 03, 2010, 20:36 (GMT+7)

Together with provinces and cities across the country, the Mekong Delta is looking towards the 1,000th anniversary of Thang Long – Hanoi.


Most localities in the region have carried out activities to celebrate the capital’s 1,000th birthday.


My Tho City in Tien Giang province got a facelift: Roads have been upgraded, widened and decorated with posters, flags and flowers to celebrate the grand event.


Three other projects in My Tho, the Nam Ky Khoi Nghia, Rach Gam and 30/4 Roads, have been completed and put into operation to welcome national and provincial political events, particularly the capital’s birthday.


Teams of workers had to work day and night to finish these projects before the grand ceremony. Huynh Ngoc Vuong, director of the Quoc Vuong Ltd Company, says that the company encouraged its engineers and workers to try their best to finish the project 15 days ahead of schedule.


Tien Giang province has also put many key projects into operation, including 34 bridges on Road 865 to promote socio-economic development in Dong Thap Muoi; the Tien Giang Maternity Hospital; Road 863; Xuan Hoa canal; and Binh Minh Kindergarten. These projects were built at a cost of more than VND500 billion.


Ben Tre province has chosen 157 special ornamental plants to display in Hanoi, including 2 18m-dragons made by ficus trees, 140 bonsai in pots and two models of hexagonal houses. Artisans made great efforts to carefully cut and design their work to make it perfect for the grand celebrations.


The Dong Thap province prepared many art and cultural performances to celebrate the event, including a mobile information festival about the 1,000th anniversary of Thang Long-Hanoi.


The provincial Department of Culture, Sports and Tourism is also attending the Thang Long-Hanoi International Tourism Festival and exhibition in Hanoi to promote its tourism potential. Four tourism sites are considered keys to communal development, including Dong Giang Sa Dec Islet, Tan Hoi Trung Lotus and Weaving villages and Long Khanh – Hong Ngu Beach.


More than 1,000 books, newspapers, magazines and e-documents about the Communist Party of Vietnam, President Ho Chi Minh and the 1,000th anniversary of Thang Long-Hanoi are being displayed at the provincial library, and art and cultural performances are being held all across the province from October 1 to 10.


Activities to mark the Party congress at the grassroots level as well as the capital’s birthday are also being held in the southernmost provinces of Kien Giang and Ca Mau. Meetings were held with heroes of the people’s armed forces, heroes of labour and Vietnamese heroic mothers in most Mekong Delta provinces before they left for Hanoi to attend the grand ceremony.


Along with people all across the country, people in the land of nine dragons are celebrating with special activities to share their happiness and pride with Hanoians on the special occasion of the capital’s 1,000th anniversary.


Source: VOV


Source: QDND

No tax on farmers for agricultural land

In Uncategorized on October 13, 2010 at 3:52 am




No tax on farmers for agricultural land


QĐND – Thursday, September 09, 2010, 21:34 (GMT+7)

The ministries of Finance and Agriculture and Rural Development are asking the Government to retain its tax-free policy for agricultural land from 2011 to 2020.


The policy, effective since 2003, has helped around 11.2 million farmer households save a total of 2 million tonnes of rice, according to the ministries. Each farmer has saved 50,000 VND (3 USD) annually.


The ministries have targeted to not collect this tax after 2020.


In other news, the Ministry of Labour, Invalids and Social Affairs will not begin a national survey on poor households until the Government approves new standards.


During the 2006-10 period, households with an average income under 260,000 VND (14 USD) a month for each member in urban areas and under 200,000 VND (11 USD) a month in rural areas, were considered poor.


But in 2011-15, standards would rise up to 500,000 VND and 400,000 VND for urban and rural residents, respectively. Under the new standard, there would be 3.3 million households, or 16.5 million poor people.

Source: VNA

Source: QDND

US aircraft carrying Russia fire aid land in Moscow

In Uncategorized on August 14, 2010 at 11:20 am

MOSCOW, Aug 14, 2010 (AFP) – Three US aircraft carrying aid including water tanks and fire-protective clothing arrived in Moscow on Saturday to help Russia battle its worst ever wildfires.


Two US Air Force C-130 planes touched down at Vnukovo airport in the early hours of the morning, followed by a charter flight from California ordered by Governor Arnold Schwarzenegger, state television and the foreign ministry said.


“We will always remember this gesture, this arm that was extended towards to us at a very difficult time,” the deputy head of the international department of the Russian emergencies ministry, Valery Shuikov, said at the airport.


Two additional C-130 flights were expected in the “next days”, the Russian foreign ministry said in a statement. Another charter is also expected in the coming week.

Russian firefighters spray water on a blaze some 155 km south of Moscow in Shatura on August 13, 2010. AFP

“We acknowledge and assess positively the approach of the American side,” the ministry said. “Such steps fully correspond to the spirit of partner-like constructive relations between our countries,” it added.


According to the US State Department, the total value of the support from Russia’s former Cold War era foe is around 4.5 million dollars.


The delivery follows a promise by US President Barack Obama to his Russian counterpart Dmitry Medvedev in a telephone call that Washington was sending firefighting equipment to help Russia.


The deliveries include water tanks, pumps, hand tools, fire-protective clothing, and medical kits. US personnel are not part of the aid.


The White House said in a statement that the United States was “responding to Russia’s request for technical assistance in combating the fires.


“The American people stand with the people of Russia in this difficult time.”


The State Department said: “We are taking action to support the heroic efforts of Russian firefighters and emergency responders as they seek to bring these fires under control.”

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Source: SGGP

Residents donate land to build school

In Uncategorized on August 13, 2010 at 3:23 pm




Residents donate land to build school


QĐND – Friday, August 13, 2010, 21:1 (GMT+7)

PANO – Several ethnic minority people in Ngoc Wang Commune, Dac Ha District in the Central Highlands Province of Kon Tum, have offered land to build a school for local children.


The family of A Veng and Y Veh in the Kon Re Village has donated more than 2,000 sq. m. of land to build a 4-classroom-school.


A Hiep, Secretary of the commune’s Youth Union, said that the plot of land, which is near the road, is worth more than VND 100 million, but A Veng donated it to the local authorities.


With new class-rooms, he hopes that more local children will have a chance to go to school.


A Deh, a poor male head of household in Dac Dem village, has also offered land to build a school. He said that as local children need more class-rooms, he donated his land for that reason alone.


The district’s local authorities have presented Certificates of Merit to these residents.


Translated by Duy Minh


Source: QDND

Tropical storm to land in the north

In Uncategorized on July 16, 2010 at 4:46 pm




Tropical storm to land in the north


QĐND – Friday, July 16, 2010, 21:22 (GMT+7)

The first tropical storm of the year is expected to bring high winds and rain to northern Vietnam, warns the National Hydro-meteorological Forecasting Centre.


Storm Con Son (named after a well-known historical site in Vietnam), is forecast to be off the coast from Quang Ninh province to Hai Phong City – 21.3 degrees north and 107.9 degrees east – at 1pm on July 17.


Wind gusts of up to 102kmph are likely.


Heavy rain will fall in northern provinces, especially the northern highlands, says the centre.


Provinces such as Ha Giang, Lao Cai and Lang Son have been alerted to possible flash floods and landslides.


The eye of the storm was at 16.5 degrees north and 113.9 degrees east, about 190km from the Hoang Sa (Paracel) Archipelago in the East Sea, at 1pm on July 15.


It was expected to generate rough seas in northern waters with waves of between 5-7 metres.


The Border Guard High Command reports that its personnel have been in contact with almost 52,000 vessels and 240,000 fishermen.


But 426 fishermen aboard 33 ships from central Quang Ngai province have not sought safety.


The guards have been unable to contact three vessels from Quang Nam province.


The Central Storm, Flood Prevention and Rescue Board met yesterday and Agriculture and Rural Development Minister Cao Duc Phat ordered the securing of tourist craft and port cranes to avoid serious damage.


The minister also asked Quang Ngai and Quang Nam provinces to do what ever possible to contact the three ships of Quang Nam Province so the crews could find safety.


Border guards were also asked to advise the crews of the 33 vessels working in dangerous seas to sail south or ask China for shelter if necessary.


Conson is expected to travel north-west at between 10-15kmph during the next two days and hit near the border of Viet Nam and China.


But it will weaken to a tropical depression with strongest gusts of up to 61kmph.


About 10-12 storms were forecast to hit the East Sea this year, two to three less than previous years, said the National Hydro-meteorological Forecasting Centre’s medium and long-term forecast office meteorologist Tran Thi Chuc.


But the number of storms affecting Viet Nam directly would be higher – 6-7 – against the average 5-6, she said.


Source: VNA


Source: QDND

An elderly woman offers land for charity

In Uncategorized on May 23, 2010 at 5:17 pm




An elderly woman offers land for charity


QĐND – Sunday, May 23, 2010, 20:58 (GMT+7)

Nguyen Thi Xe, an elderly lady living in Phu Lam town, Tuy Hoa city, has decided to donate  land with an area of nearly 200 square meters for charity purpose.


The 97 year old woman and his husband, an former soldier who died  a decade ago, wished to sell their house to raise money for AO victims, orphans, and needy people.


A local newspaper in the city will help her to fulfill her late husband’s wishes.


Another kind-hearted elderly, Nguyen Hoang Duyen, in Gia Nghia town, Dak Nong province, has donated a 3,600 square meter piece of land for the construction of a kindergarten. His land costs about 2 billion VND.


Offering property for charitable purposes has becom a common practice among the better-off elderly.


Source: LD and TT


Translated by Duy Minh


Source: QDND

Ba The – Land of the Oc Eo culture

In Vietnam Landscapes on October 22, 2009 at 6:06 am




Ba The – Land of the Oc Eo culture


QĐND – Wednesday, October 21, 2009, 20:7 (GMT+7)

The culture of Oc Eo is the general name of a civilization attached to the kingdom of legendary Phu Nam. It appeared at the same time as Phu Nam inhabitants of the ancient land of the South from the 2nd century to the end of the 6th century. Ba The is where Oc Eo culture had the most development with thousands of antiques excavated such as jewelries made from pottery, stone, gold and bronze and many stone statues influenced by Buddhism and Hinduism such as statues of the Buddha, sacred objects of Yoni and Linga and an impressive group of Ganesa statues with an elephant head on a human body.


These antiques have unveiled a secret curtain that hung over a strong and prosperous kingdom that originated in South Asia. After about 1,500 years of the displacement of nature and history, this culture, day by day, has fallen into oblivion.


From Long Xuyen City to Provincial Road 943 and then west about 35 kilometers, tourists will arrive at Ba The Mountain, also known as Vong The. This mountain is located in Oc Eo hamlet in An Giang province’s Thoai Son district. There’s a winding concrete road to the top of the mountain. In 2002, this road was built by the government to serve tourism.


At the top of Ba The Mountain is an ancient pagoda named Son Tien Tu which was built in 1933. Standing impressively in front of the pagoda is an 8-meter high statue of Quan The Am Buddha. Here, clouds bring cool dew that flies slowly through the sky. Trees stretch green as far as the eye can see and birds sing everywhere. People are dazed by the pagoda’s bell that periodically rings vibrantly over the forest.


Beside Son Tien Tu is a 3-meter high granite stone with a diameter large enough for four or five people to surround. On this huge stone’s surface is a footprint which is bigger than a normal human footprint. People call it a ban chan tien, or a fairy’s foot. This originated from a legend that at the beginning of the mountain, stones were soft like clay and a fairy pressed his foot to make this mark.


About ten kilometers from Son Tien Tu is a strange-looking house with a front door facing the direction of the rising sun following the Hindu pattern and containing many antiques related to the history and culture of Ba The-Oc Eo.


Architecturally, this house looks like a lot of the temples found in South Asian countries with its dome and its rectangular door. The walls of the house are lined with statues of Ganesa deities with elephant heads on human bodies sitting majestically. The banisters are decorated with many small statues of a kind of Arabian horse.


Standing at the top of Ba The Mountain in the evening to look at the kitchen smoke that looms over the plains, tourists find peace in this world of dusk.


Source: VietNamNet/SGT


 


Source: QDND Bookmark & Share

Vietnam raises land, environment concern at FIG meeting

In Politics-Society on October 22, 2009 at 6:04 am




Vietnam raises land, environment concern at FIG meeting


QĐND – Wednesday, October 21, 2009, 20:7 (GMT+7)

The environmental pollution in Vietnam has reached an alarming level, said Minister of Natural Resource and Environment Pham Khoi Nguyen.


Nguyen told representatives from 40 countries and international organisations at a regional meeting of the International Federation of Surveyors (FIG) in Hanoi on October 19 that the problem has prompted from the nation’s dynamic economy growth, population booming and fast urbanisation. 

He added that urbanisation has also led to the dwindling of agricultural land, which may impact on food security and increase risks of rural poverty on a larger scale. 


Those threats loom over the country despite the fact that the Government and entire society have always paid great attention to land and environmental issues, Nguyen explained. 


Organisers expected the four-day meeting will provide an opportunity for domestic experts and relevant agencies to update their knowledge and draw experiences from the international community to apply them to the Vietnamese reality. 


The Vietnam Association of Geodesy, Cartography and Remote Sensing has joined the FIG in holding this event.


Source: VOV


Source: QDND Bookmark & Share

Vietnam raises land, environment concern at FIG meeting

In Social life on October 21, 2009 at 1:09 am




Vietnam raises land, environment concern at FIG meeting


QĐND – Tuesday, October 20, 2009, 20:51 (GMT+7)

Minister of Natural Resource and Environment Pham Khoi Nguyen has acknowledged the environmental pollution in Vietnam has reached an alarming level despite numerous steps taken by the Government.


Nguyen told representatives from 40 countries and international organisations at a regional meeting of the International Federation of Surveyors (FIG), opened in Hanoi on October 19, that the problem has prompted from the nation’s dynamic economy growth, population booming and fast urbaninsation.


He added urbanisation has also led to the dwindling of agricultural land, that may impact on food security and increase risks of rural poverty on a larger scale.


“Worst still, in a geographical position lower than the sea water level and with a long trip of coastal land, Vietnam has been warned to be one of five countries face worst impact by climate change and rising sea water level”.


“Therefore, part of the national territory, including rich alluvial soil in the Mekong Delta and the Red River Delta, is at a high risk of being submerged, thus threatening food security and causing huge pressure upon the environment and livelihood of millions of people,” Nguyen emphasised.


He explained that those threats loom over the country despite the Government and entire society have always paid great attention to land and environmental issues.


“Responsible agencies have made tireless efforts to complete the legal system, increase the feasibility of relevant plans and mitigate negative impact caused by economic development on the environment,” concluded the minister.


Organisers expected the four-day meeting will provide an opportunity for domestic experts and relevant agencies to update their knowledge and draw experiences from the international community to apply them to the Vietnamese reality.


The Vietnam Association of Geodesy, Cartography and Remote Sensing has joined with the FIG in holding this event.


Source: VNA


Source: QDND Bookmark & Share