TRAVELLIVE 1 - 2018
Dear valued readers, On your hands is the first issue of the New Year 2018. We hope the New Year will bring you health, prosperity and happiness. After the New Year comes Valentine's Day, a special occasion for all of us no matter where we are to celebrate the magical gift of love and happiness. For the first time in 80 years, the world's leading manufacturer of high quality chocolate and cocoa products from Switzerland launches the fourth type in chocolate – "Ruby". The sensational chocolate is creating a hype among chocolate lovers who desperately want to taste it. Our romantic journey continues with Dalat, the city of love and flowers. No matter how many times you visit the town, you will feel like the very first time for Dalat always offers something new for you to explore, taste and experience. The thrilling story of Bolivia's treasure hunt during the Inca Empire will give you a fascinating destination in central south America to explore this New Year. For Valentine’s, a romantic trip to Bali will allow couples to enjoy breathtaking sunsets and spectacular landscapes at the "paradise island" of Indonesia. You can choose among 5 ideal destination for couples this Valentine's Day that we here at Travellive have picked out for you. We wish you and your family a happy and exciting trip for the New Year. We will see you in the special spring issue of 2018 which will be released early February. EDITORIAL BOARD
Dear valued readers,
On your hands is the first issue of the New Year 2018. We hope the New Year will bring you health, prosperity and happiness. After the New Year comes Valentine's Day, a special occasion for all of us no matter where we are to celebrate the magical gift of love and happiness.
For the first time in 80 years, the world's leading manufacturer of high quality chocolate and cocoa products from Switzerland launches the fourth type in chocolate – "Ruby". The sensational chocolate is creating a hype among chocolate lovers who desperately want to taste it.
Our romantic journey continues with Dalat, the city of love and flowers. No matter how many times you visit the town, you will feel like the very first time for Dalat always offers something new for you to explore, taste and experience. The thrilling story of Bolivia's treasure hunt during the Inca Empire will give you a fascinating destination in central south America to explore this New Year.
For Valentine’s, a romantic trip to Bali will allow couples to enjoy breathtaking sunsets and spectacular landscapes at the "paradise island" of Indonesia. You can choose among 5 ideal destination for couples this Valentine's Day that we here at Travellive have picked out for you.
We wish you and your family a happy and exciting trip for the New Year. We will see you in the special spring issue of 2018 which will be released early February.
EDITORIAL BOARD
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Oceanami<br />
Since these promising policies have<br />
only emerged during the last 3 years,<br />
it is still not possible to verify the<br />
developers' compliance. In 2017,<br />
a project in Nha Trang, whose<br />
guaranteed yield was promised at 15%<br />
per year, could not afford to pay the<br />
buyers after it went into operation.<br />
The developer then asked to reduce<br />
the commitment rate to 8% per year,<br />
and the case is in an on-going dispute.<br />
This reminds the buyer to consider the<br />
project's operational capability after<br />
the sale - often if the project is under<br />
the same reputable management as<br />
the hotel in the same project, buyers<br />
can be more reassured.<br />
Vietnam tourism is<br />
hopeful in <strong>2018</strong><br />
In recent years, Vietnam's visa<br />
application procedures have improved<br />
considerably. At the end of 2015,<br />
Vietnam granted visa waivers for<br />
citizens of five European countries.<br />
2017 marks the first year Vietmam is<br />
granting electronic visas for citizens<br />
from 40 countries (6 more have<br />
just been added under a Resolution<br />
issued December, 2017). In terms<br />
of infrastructure, more international<br />
flights come directly to major tourist<br />
destinations (such as Bangkok Airways<br />
with the Bangkok - Phu Quoc route<br />
or Thomson Airways with the London<br />
- Phu Quoc route).<br />
Van Don International Airport is<br />
expected to be put into operation in<br />
Quarter 1, <strong>2018</strong>, which will increase<br />
the number of tourists to Quang Ninh.<br />
These will lay a firm foundation for<br />
Vietnam's tourism industry in <strong>2018</strong>.<br />
Cam Ranh and the coastal area<br />
extending from South Da Nang to<br />
Hoi An are expected to be bright spots<br />
in terms of new supply, thanks to<br />
the availability of development sites.<br />
In addition, if the Special Economic<br />
Administrative Law is passed<br />
(expected to pass mid-<strong>2018</strong>), Van Don,<br />
northern Van Phong, and Phu Quoc<br />
are expected to attract many investors<br />
and developers.<br />
Legal issues for<br />
foreign investors<br />
Foreign investors rarely buy vacation<br />
properties because of a number of<br />
legal issues. As condotels are both<br />
residential and commercial land, a clear<br />
legal framework is not around for this<br />
type of project. According to the law,<br />
pink books are not to be provided for<br />
foreigners in areas of national security<br />
and defense, while local authorities<br />
in those areas are not given clear and<br />
proper guidance. Many developers are<br />
not interested in marketing this type of<br />
property to foreign buyers.<br />
<strong>TRAVELLIVE</strong><br />
63
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