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Chinese Land Buys, With Da Nang Residents' Help, Shock Vietnamese

Tresbon

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An official in Vietnam's central city of Da Nang has admitted that local residents dodged laws to help Chinese citizens acquire coastal land facing the South China Sea.

Speaking to the city's main governing body last week, Dao Tan Bang, party chief of Ngu Hanh Son district, said 71 people were found to have helped Chinese citizens buy 137 lots along China Beach, known to Vietnamese as My Khe. My Khe is deemed by authorities as strategically sensitive in terms of security and defense.

The public acknowledgment, carried in state media reports, has sent shockwaves through Vietnam, where people are growing suspicious of China’s motives as Beijing pushes ahead with its massive territorial claims over the South China Sea.

Social activist and Da Nang resident Truong Duy Nhat told VOA his own investigation had found that Chinese citizens give money to local Vietnamese to buy real estate, because foreigners are not allowed to purchase land in Vietnam.

Nhat said the residents in Da Nang were extremely concerned about the developments and local authorities were facing a big dilemma.

“It is very difficult to prevent those kinds of transactions," he said. "They are Vietnamese and have money. How can we ban them? Nearly 200 plots of land near the military airport Nuoc Man are under the Vietnamese ownership, but they actually belong to the Chinese.”

Anti-China sentiments have continued to run high in Vietnam since Beijing said it would not cease building artificial islands in contested waters of the South China Sea.

Da Nang authorities have suspended a construction project operated by a Chinese company to review its height limit because it lies between two local military zones.

In a speech to key officials Tuesday, the city’s party chief, Nguyen Xuan Anh, urged relevant agencies to tighten land management in areas sensitive to security and defense.

He said high-rise buildings should not be built in the zones where many Chinese have reportedly acquired land.

Meanwhile, social activist Nhat said some other localities were facing similar issues.

“All over Vietnam, especially in strategic areas like in Ha Tinh province [about 40 kilometers from Da Nang], the Chinese came in and built up exclusive and concentrated zones," he said. "The bauxite mining projects on the highlands are in the hands of the Chinese businesses. It is very questionable and worrisome.”

Beijing sent ships to evacuate thousands of its citizens working in Ha Tinh last year following rioting that hit Chinese-owned businesses, as well as other foreign operations. The deadly riots were triggered by outrage over China's placement of an oil rig in disputed waters last year.

Chinese Land Buys, With Da Nang Residents' Help, Shock Vietnamese
 
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They invested in to real state, but illegally. Foreigner is not permitted to buy. Such thief will be loser.
Who care, maybe ur local officers with Chinese rich buyers together ... already got benefits from these land buyers, RMB is a good thing in Vietnam.
 
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Who care, maybe ur local officers with Chinese rich buyers together ... already got benefits from these land buyers, RMB is a good thing in Vietnam.

Those Chinese rich buyers are naive. They are putting their assets under the ownership of the local Vietnamese. The real Chinese buyers themselves are not protected under Vietnamese law.

The problem is that the corrupt local officials will not be in office forever. The local Vietnamese who hold the ownership title can turn against the real Chinese buyers. If they want, the local Vietnamese title holder can later sell it to someone else and the real Chinese owner can’t do anything because they are not legally involved in the ownership and so have no protection under Vietnamese law.

The only thing the Chinese can do is to hire thugs to beat up or kill the local Vietnamese title holder for revenge, but most likely still lose their assets. You forgot the case of the murdered Viet-hua business woman? She stole all the business contacts and clients from her Taiwanese ex-husband, then start her own business. The ex-husband lost out, the only thing he could do was to hire someone to kill her for revenge, but he still lost a lot of money.
 
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Who care, maybe ur local officers with Chinese rich buyers together ... already got benefits from these land buyers, RMB is a good thing in Vietnam.
rich buyer and corrupted officials, good couple.
All thanks to your countrymen help :lol:

is this nature of socialism with Chinese color ?

Vietnam needs to be conquered by foreign businessperson because you can't run your country properly. LOL

China economy is ran by corrupted princelings.
 
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