by Joe Fotalattee
Writing On The Walls
When a real estate company starts being semi-honest with occupancy numbers, you know a real estate crisis is imminent.
VnExpress highlighted a Savills’ report that 90–95 percent of larger apartments of 90–110 square meters are vacant.
In the Phu Nhuan District’s Huynh Van Banh Street, an owner of a serviced apartment project told the outlet the majority of his two- or three-bedroom apartments were empty. According to him, his smaller apartments frequently offered “better living space and more utilities” than their larger counterparts.
According to Savills’ most recent serviced apartment report, one- and two-bedroom apartments in HCMC are in high demand because of their affordable rents.
Attention Foreigners: Visa Free Travel For 45 Days In A Modern Affordable City With Jobs, And They Won’t Fuck Up Your Coffee Order
Vietnam Airlines announced new flights to Bangkok from Tan Son Nhat International Airport in Ho Chi Minh City to Suvarnabhumi Airport in Bangkok. The price of a one-way ticket between HCMC and Bangkok is VND1,154,750 ($48.96), taxes and fees included. In Thailand it easy to renew the free visa without leaving the country and professional jobs are plentiful in this modern metropolis.
According to reports, Intel (NASDAQ:INTC) is considering increasing its current investment in Vietnam “significantly” in order to increase production at its chip testing and packaging facility.
Reuters reported that the potential increase in investment could be worth up to $1B, citing sources with knowledge of the situation. The previous investment in the nation by Intel (INTC) was $1.15 billion.
The largest chip packaging and testing facility owned by Intel (INTC) is currently located in Ho Chi Minh City.
Elephant Dies In Dak Lak
In the province of Dak Lak in the Central Highlands, a 34-year-old elephant passed away from illness.
Rok, an elephant at the Dak Lak Centre for Elephant Conservation, Animal Rescue, and Forest Protection Management, passed away on Thursday, according to Tran Xuan Phuoc, the center’s director.
On January 15, the male elephant was transported from the neighboring Lam Dong Province to Dak Lak thanks to funding from the Animals Asia Foundation (AAF).
The elephant was already in poor health when it was rescued from Lam Dong. Intensive care and treatment were given to the animal by AAF specialists, but the situation did not get better. The center conducted an elephant burial ceremony after completing the autopsy.