Vietnam to spend $23.7 mln on embassy in US

By Duc Minh   February 15, 2022 | 04:30 am PT
Vietnam to spend $23.7 mln on embassy in US
The building at 3330 Garfield Street, Washington D.C., which will host Vietnam Embassy. Photo by Google Street View
Vietnam has completed negotiations to spend around $23.7 million from the national budget to purchase an embassy location in the U.S.

In a document to garner opinions from the Ministry of Finance, Ministry of Planning and Investment and Ministry of Construction, the Ministry of Foreign Affairs said it had finished negotiations to purchase the headquarters for the Vietnam Embassy in the U.S., located at 3330 Garfield Street, Washington D.C., as well as homes for its employees in the U.S.

The purchased headquarters used to belong to the Belgium Embassy in the U.S. As a legal procedure, the property would return to the ownership of the U.S. Department of State, which would allow the Vietnamese foreign ministry to rent it for a dollar over 99 years.

The signing of the contract to finalize the deal is expected to conclude within 2022.

Back in August 2019, the government had approved the investment project at $27.3 million from the national budget.

In August last year, the U.S. Embassy in Vietnam signed an agreement with the Hanoi Department of Natural Resources and Environment to lease a land lot to build a new embassy for $1.2 billion.

It will be located on 3.2-hectares in Cau Giay District and leased for 99 years.

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