Vietnam had a registered FDI of nearly $26.16 billion in the year to September 20, and real estate ranked second after the manufacturing and processing industries, accounting for 10.6 percent of the total, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). An FIA report said that FDI in real estate went into two main areas: industrial real estate and M&A activities. Experts have noted that foreign investors in Vietnam can be divided into two groups: the first is interested in cash-generating assets such as office buildings, commercial centers, service apartments and hotels located in central areas; the second focuses on housing development, partnering with domestic investors, especially enterprises with available land, to build apartments or villas. Butterfly effect The FDI inflows, combined with the wave of factories moving from China to Vietnam, make the rise of industrial real estate foreseeable. Alongside this, a series of office … [Read more...] about For optimal investments in Vietnam, timing is everything
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What those same people don’t remember and never will without looking it up is which team had the best farm system that season. Or which front office did the best job of managing the payroll in 2018 so it stayed under Major League Baseball’s luxury-tax threshold. Winning the World Series is all that matters. The Dodgers have won seven consecutive division championships and assembled a player development machine that churns out high-end talent. But they still haven’t won a championship since 1988. The Yankees have done everything right under Brian Cashman, investing in analytics and building up their farm system. But they have one championship in the last 18 seasons. For all the cognoscenti who laud the Athletics for their enlightened frugality, their last World Series was in 1990. The poor Twins have managed to lose 16 postseason games in a row since 2004. But that’s better than the Mariners, who were last in the postseason in 2001. Jamie Moyer, who won … [Read more...] about Now is not the time for Red Sox to trade Mookie Betts
City Councilor Michelle Wu called for sweeping change to Boston’s development review process Monday by proposing that the Boston Planning and Development Agency be abolished — overdue action needed to address the city’s pressing problems, she said. Wu, detailing the proposal in a 54-page report, said the agency has only served the well-connected in an outdated system designed 60 years ago that lacks accountability and transparency. Meanwhile, Boston’s modern day problems have continued on, unchecked, she says. “Instead of delivering the resources to address our most urgent challenges, Boston’s development process is making our problems worse,” Wu wrote in the report, titled, “Fixing Boston’s Broken Development Process: Why and How to Abolish the BPDA.” “We’re more and more anxious about rising home prices and rents, frustrated daily by increasingly awful commutes, and scared about the flooding and extreme heat … [Read more...] about Michelle Wu wants to abolish the BPDA. Here’s what to know.
Tech billionaire Larry Ellison, already well-known for his extravagance, will soon own another exotic trophy — a Hawaiian island. Ellison, the founder of Oracle Corp., has agreed to buy 98% of the island of Lanai from David Murdock, a Los Angeles billionaire who controls Dole Food Co. and many other businesses under Castle & Cooke Inc. Lanai, the sixth-largest Hawaiian island at 141 square miles, was once a pineapple plantation and is still sparsely inhabited. According to documents filed with Hawaii’s Public Utilities Commission, the purchase will include two resort hotels and two golf courses with clubhouses. The sale price has not been disclosed, but local observers value the deal at more than $500 million. That’s a large real estate transaction by any standard, though not earth-shattering in the realm of trades among wealthy investors. Ellison, the third-richest American with a net worth of $36 billion, according to Forbes, has spent hundreds of millions … [Read more...] about Oracle founder Larry Ellison buying Hawaiian island of Lanai
Citizens across Southeast Asia are hoping for improved environmental protective actions (Photo: Shutterstock) Tamas Nguyen, a Hungarian living in Hanoi, was showing off his new micro-filter dust mask to his colleagues and advised them to buy similar ones to protect themselves from the serious air pollution in Hanoi. “My family has been having health issues because of the rampant air pollution and we had to move a few times. After the factory fire at Hadong district, pretty close to our new house, my wife became even more concerned about the air quality, constantly telling me about how it is always red and purple on the warnings. She went out of her way to order dust masks from abroad worth around VND800,000 ($35) each that can filter out microscopic particles. It was a pretty expensive buy, but I really could tell the difference in traffic.” Nguyen also has others to worry about. “We have a six-month baby so we also decided to buy an air purifier to let her breathe … [Read more...] about Curtailing the air threat for humans