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Vietnam allows foreigners to buy real estate from July 2015

Vietnam allows foreigners to buy real estate from July 2015

Vietnam, previous off-the-radar for foreign property buyers and investors, has approved legislation allowing limited ownership of property by foreigners from July 1, 2015.

The move could herald the start of more foreign ownership law changes throughout the region ahead of the ASEAN Economic Community (AEC 2015) which comes into force in one-year from now.

The Vietnamese government’s aim is to inject action in what has been a broadly stagnant real estate sector whilst boosting economic growth at the same time.

The law will allow foreigners with a valid visa, as well as foreign companies and international organisations operating in Vietnam, to own houses and apartments. Previously, only foreigners married to Vietnamese nationals and those making contributions to the country were allowed to purchase property. Read the rest of this entry »

 
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Posted by on January 13, 2015 in Uncategorized

 

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Top 10 Things to Do in Saigon

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Posted by on September 18, 2014 in Living in Saigon

 

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Twenty reasons to visit Ho Chi Minh City

A visit to Ho Chi Minh City is an encounter with exotic food, French colonial architecture and memories of war, writes Guy Wilkinson.

1 Cheap eats

Ho Chi Minh City (also still called Saigon) is famous for its pho (traditional Vietnamese noodle soup) and pork rolls. Often the best places are shops and stalls named after family members, such as “Aunty” or “Chi” (meaning sister) followed by a number representing their order in the family and, finally, their name. Though many chains, such as Pho24 and Pho 2000, do big business these days, you can’t beat family-run outfits for the real deal. Read the rest of this entry »

 
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Posted by on June 20, 2013 in Uncategorized

 

Apartment for rent

Stay in Saigon, exciting and interesting city.

Saigon is dirty, crowded, and a bee hive of activity. However, it is a great hub for traveling around southern Vietnam, and it has a few great attractions and hidden gems that are worth visiting.

I spent four days in and around Saigon during September 2003. Soon after arriving in town and checking into our hotel, my friend Vince and I began wandering around the congested streets. Little did we know how pedestrian un-friendly HCMC is, or how convenient the motorcycles are! Read the rest of this entry »

 
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Posted by on August 19, 2012 in Uncategorized

 

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Food service prices shoot up in Ho Chi Minh City

Although food prices have cooled down since the Lunar New Year, many eateries and food services around Ho Chi Minh City have scrambled to increase their prices.

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Many customers are shocked to see that prices skyrocketed by as much as 60 percent compared to the pre-Tet period.

Most eatery and food service owners reasoned that the price increase is due to rising input costs, including cooking gas, employee wages, or rental fees. Read the rest of this entry »

 
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Posted by on July 18, 2012 in Living in Saigon, Uncategorized

 

Contemporary Vietnamese Traditional Weddings

The pace of change
Modern traditional weddings in Vietnam differ significantly to those in the past. The most obvious change is the cost – the social pressure of ‘face’ leads some families to spend up to the equivalent of ten year’s salary. Another obvious difference is the average age of the couple.

In the past, a groom of 20 with an 18-year-old bride would be considered an ideal couple. Today, education, a degree of female emancipation, and the need to pursue a career have raised the figures by five or even ten years for middle-class city dwellers. Working class couples tend to marry earlier.

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Posted by on July 17, 2012 in Uncategorized

 

Dining Etiquettes

Vietnamese usually have breakfast, lunch and dinner without tea or coffee break in between. Because most Vietnamese are early risers, breakfast is eaten before 9, though many restaurants serve breakfast until much later. Foods for breakfast are as diverse as you can imagine. Some of the most popular are the “notorious” pho- noodle soup; baguette stuffed with pate, bbq porked and veggies; rice congee with minced pork; banh cuon (rice crepes); xoi (sticky rice). Contrary to the Western diet, breakfasts inVietnaminvolves more salt than sugar.

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Posted by on July 16, 2012 in Living in Saigon