Northcliff luxury cars

One of two Lexus cars given by a private company to Cà Mau provincial authorities, prompting public concerns and a Government promise to investigate. — Photo dantri.com.vn Viet Nam News HÀ NỘI — The Government will direct authorities to investigate the controversial gifting of luxury cars by private companies to officials in the southern province of Cà Mau and the coastal city of Đà Nẵng. This was promised by Mai Tiến Dũng, head of the Government Office, at the monthly cabinet meeting held recently. The Prime Minister has tasked the Ministry of Finance, Government Inspectorate and Ministry of Justice, to look into the matter. The findings will then be made available to the media. According to media reports, two Lexus GX 460 currently in use by the Cà Mau People’s Committee – each costing about VNĐ3 billion (US$131,000) – were given as presents by Công Lý Ltd last March, ostensibly strictly for use in  “inspecting and directing climate change response activities.” … [Read more...] about Luxury car gifts to be probed

Thaco opens luxury car plant in Quang Nam By Le Hoang A Peugeot car is seen at Thaco luxury car plant. Thaco has put into operation the Thaco luxury car plant at the Chu Lai Open Economic Zone in the central province of Quang Nam - PHOTO: THACO HCMC – Truong Hai Auto Corporation (Thaco) on May 5 put into operation the Thaco luxury car plant and launched a Peugeot Traveller model at the Chu Lai Open Economic Zone in the central province of Quang Nam. The facility, receiving total funding of VND4.5 trillion, covers an area of 7.5 hectares and has a designed capacity of 20,000 cars per year. The Thaco luxury car plant has a modern production chain and the latest technology meeting the technical requirements of French auto manufacturer PSA Group. The investor noted that the vehicles manufactured by the plant will undergo strict checks and inspections through a quality monitoring system connected directly with Peugeot in France prior to being rolled out on the market, … [Read more...] about Thaco opens luxury car plant in Quang Nam

HA NOi — Ha Noi Police arrested Ngo Doan Phuc, 33, of Hoang Mai District, for allegedly illegally importing luxury cars from Laos and Cambodia for sale in Viet Nam. The police seized four cars, including a Hummer, Land Rover, Toyota Prado and Lexus, worth a total of VND6.3 billion (US$ 315,000). Initial investigations showed that Phuc had colluded with officials to take advantage of a policy that allows goods to be imported temporarily before being re-exported. Two face prosecution for drug trafficking HCM CITY — The Department of Investigative Police on Drug Crimes have proposed the Supreme People's Procuracy prosecute two people for drug trafficking. The married traffickers, Nguyen Thi Hai Anh and Nigerian Michael Ikenna Nduanya, lived in HCM City. Hai Anh was arrested last December when allegedly smuggling drugs from HCM City to China. Before that she is said to have smuggled drugs to Cambodia five times and received US$5,000.-VNS … [Read more...] about Man arrested for smuggling luxury cars

Having money doesn’t mean you’re civilised, and some rich people are like a school in summer: no class. One woman in Hà Nội City proved this point recently, stopping in front of a shop in the city at 1:00 am on October 14. Spying two beautiful flower pots outside, she drove close to the shop, popped out of the car, grabbed the two pots with bonsai trees in them, put them in her car and drove off. As her luck would have it, the whole thing was all recorded by the shop’s security cameras. The shop owner who got the pots stolen quickly posted the clip on Facebook, with the caption "You are so strange, you have VNĐ700 million to buy the car, VNĐ15 million to get driving license, why do you steal two flower pots worth VNĐ500,000 of mine?” “I don’t miss the few hundred thousand đồng , but the bonsai tree pots I put in front of the shop are the lucky charms for my business.” Hopefully justice will be served and the thief is prosecuted, but while money doesn’t buy you class, in … [Read more...] about A woman driving a luxury car steals two flower pots worth just $22 at midnight

Three men who got a luxury car smuggled from Cambodia receive long jail terms at their trial in Tây Ninh on Sept 18. VNA/VNS Photo Thanh Tân. Viet Nam News HCM CITY – Three people who got a luxury car smuggled from Cambodia to HCM City and forged its papers have received stiff prison sentences. The Tây Ninh Province People’s Court on Tuesday sentenced Nguyễn Đắc Tuyên, 41, of Hà Nội to 16 years in jail. Two other men, who conspired with him and abetted him in the criminal acts, Phùng Viết Đông, 38, and Phùng Tuấn Anh, 29, got 14 years apiece. They were charged with smuggling and forging seals and documents of official agencies. According to the indictment by the province People’s Procuracy, on April 20, 2015, law enforcement authorities caught the three in a Lexus RX350 with a fake Cambodian number plate as they were travelling from HCM City to Hà Nội. The trio confessed that Tuyên had asked Đông and Anh, brothers, to smuggle a luxury car at a low price from Cambodia … [Read more...] about Court puts away car smugglers for long time

Luxury British sports car enters Vietnam By Hung Le Guests have a look at an Aston Martin sports car at the launching event in HCMC on March 16 – PHOTO: HUNG LE HCMC - Aston Martin - the iconic luxury British sports car brand - made its debut in the Vietnamese market today, March 16, marking a new milestone for the luxury sports car segment in Vietnam. The Aston Martin is being displayed at a showroom in the Deutsche Haus building on Le Duan Blvd in HCMC’s District 1. Phan Manh Ha, general manager of CT-Wearnes Vietnam, the official Aston Martin authorized dealer in Vietnam, said at the launching that there is a rising demand for luxury cars in Vietnam, not only for collecting, but for daily commuting. “It’s time for Aston Martin, the iconic British sports cars brand, to set its footprint on the local market,” Ha said. According to High Net Worth Handbook 2019 of Wealth-X, Vietnam is expected to join the top four rankings of fastest-growing high net worth … [Read more...] about Luxury British sports car enters Vietnam

A car worth VNĐ2.7 billion (US$118,400) was recently given to the People’s Committee of central Nghệ An Province by a construction corporation. — Photo tuoitre.vn Viet Nam News HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has reiterated that all ministries and central authorities act to end the practice of State-owned agencies accepting luxury cars as gifts from private firms or individuals. This was one of the steps in fighting corruption and avoiding tax exemptions given to imported vehicles, he said at a regular Government meeting. He said the ministries, sectors and state-owned agencies should strictly follow the standards and mechanisms on the use of automobiles as contained in government Decision No. 32, that was issued in 2015. He asked the Ministry of Finance (MoF) to review the total number of spare cars and allocate them to sectors and localities with real needs. The MoF has also been asked to collaborate with the Ministry of Justice (MoJ) and the Government … [Read more...] about ‘Say no to cars as gifts’: PM

The southernmost province of Cà Mau has returned two Lexus cars presented by a local private company, the chief of the provincial People’s Committee office. — Photo tuoitre.vn CÀ MAU — The southernmost province of Cà Mau has returned two Lexus cars presented by a local private company, the chief of the provincial People’s Committee office, Nguyễn Đức Thánh, said yesterday. Thánh said that the move followed a regular meeting on Wednesday where Prime Minister Nguyễn Xuân Phúc asked localities not to receive cars presented by enterprises. The province also informed the PM about the return of the cars, Thanh said. Local media had earlier reported on the two luxury Lexus GX 460 cars that the Công Lý Construction, Trade and Tourism Company presented to the Cà Mau People’s Committee ostensibly to be of service in preventing and controlling disasters like floods and forest fires in the province. — VNS … [Read more...] about Cà Mau returns two Lexus gift cars

A car displaying a badge at a Hà Nội - Hải Phòng Expressway toll booth. — Photo baogiaothong.vn Viet Nam News HÀ NỘI — The number of drivers using fake environmental ID badges on the Hà Nội – Hải Phòng Expressway to avoid paying the toll fee has increased recently, the Giao Thông (Transport) newspaper reported. Private and even luxury cars have the fake badges stuck in their windscreens, according to the Hà Nội – Hải Phòng Expressway Exploitation and Management Company. According to the General Department of Natural Response and Recovery under the Ministry of Agriculture and Rural Development (MARD), only the department and provincial steering committees for natural disaster prevention and control had the right to issue badges, which can be legitimately used by drivers who are working on dyke protection projects or responding to natural disasters. Nguyễn Đức Quang, the department’s deputy head, said that the procedure and criteria for issuing the badges was strictly … [Read more...] about Cars wear false dyke protection badges to enjoy toll fee free

Who are the owners of luxury apartments in District 1? A view of The Grand Manhattan, a luxury apartment project in downtown HCMC The just-launched Grand Manhattan has become the center of splendor due to its luxury apartments being located in downtown HCMC, which are not easy to own. From international investors Elena Goh, a Singaporean real estate investor, is one of the first owners of apartments at The Grand Manhattan, “HCMC is a market my husband has eyed for ages. So we decided to purchase apartments as soon as the project was introduced to the market. Compared with other property markets which I have invested into such as Hong Kong, apartments in HCMC have a much lower price and profit margins reach 4%-5%, compared to Hong Kong’s 1%-2%.” As an experienced real estate investor, Elena Goh said, “In Hong Kong and Singapore, profit growth of luxury properties tend to be stable. I believe that profits from real estate projects in HCMC, which is an emerging … [Read more...] about Who are the owners of luxury apartments in District 1?