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Vietnam is South Korean carmakers’ ‘gold mine’ in Southeast Asia

Vietnam is South Korean carmakers’ ‘gold mine’ in Southeast Asia

Vietnam accounted for 101,738, or 63%, of the 160,515 vehicles that South Korean automakers Hyundai and Kia sold in the six largest Southeast Asian markets last year.
US industries with the highest number of immigrant workers

US industries with the highest number of immigrant workers

Australians need $81,000 income to afford average rental: report

Australians need $81,000 income to afford average rental: report

How have Vietnam gold prices moved in the last 3 years?

How have Vietnam gold prices moved in the last 3 years?

Gold prices have doubled to VND100 million (US$3,914.66) per tael of 37.5 grams since September 2022, driven by increasing demand for a safe-haven investment amid global economic uncertainties.
March 21, 2025 | 12:00 am PT
Shopee, TikTok Shop fee hikes to squeeze vendors’ profits

Shopee, TikTok Shop fee hikes to squeeze vendors’ profits

Shopee and TikTok Shop are set to hike their platform fees next month, a move that is certain to force small vendors to hike prices to stay afloat.
March 17, 2025 | 12:40 am PT
What $1M can get you in the world’s priciest real estate markets?

What $1M can get you in the world’s priciest real estate markets?

With a $1 million budget, buyers can acquire 22 square meters of luxury housing in Hong Kong, whereas the same amount provides 32 square meters in Singapore, according to a recent study.
March 13, 2025 | 10:37 pm PT
How many Vietnamese have a net worth of at least $10M?

How many Vietnamese have a net worth of at least $10M?

Vietnam had 5,459 individuals with a net worth of $10 million or more last year, the smallest number in Southeast Asia, according to a recent study.
March 12, 2025 | 12:41 am PT
Property developers hike borrowings by 20% amid real estate recovery

Property developers hike borrowings by 20% amid real estate recovery

The country’s biggest residential property developers pumped up their debts by 20% last year to fuel their expansion amid a real estate recovery.
March 11, 2025 | 12:58 am PT
Coffee prices soar to record high as weather hits production

Coffee prices soar to record high as weather hits production

Coffee prices in Vietnam rose by 65% from 12 months ago to an all-time high of VND135,000 (US$5.3) per kilogram on Thursday after output was hit by the weather.
March 9, 2025 | 06:45 pm PT
Vietnam’s booming auto market narrows gap with Thailand

Vietnam’s booming auto market narrows gap with Thailand

Vietnam’s auto market is catching up in size with that of Thailand, with the gap narrowing by almost 80% last year.
February 25, 2025 | 10:21 pm PT
Housing price to income ratio soars to 1.6 times global average

Housing price to income ratio soars to 1.6 times global average

The ratio of housing prices to household income was 23.7 last year, 1.6 times the global average, making housing inaccessible to many, an analyst has said.
February 21, 2025 | 06:00 pm PT
Singapore households see monthly median income exceed $8,400

Singapore households see monthly median income exceed $8,400

Households in Singapore saw a higher median income from work, reaching S$11,297 (US$8,413) per month, and more support from government schemes last year.
February 18, 2025 | 03:00 pm PT
Mixue becomes biggest F&B chain, surpassing McDonald’s, Starbucks

Mixue becomes biggest F&B chain, surpassing McDonald’s, Starbucks

China’s bubble tea and ice cream brand Mixue, with 45,300 locations worldwide, has become the largest food and beverage (F&B) chain by store count, surpassing both McDonald’s and Starbucks.
February 16, 2025 | 03:08 pm PT
Rice export prices plunge to 9-year low

Rice export prices plunge to 9-year low

The export price of Vietnam's 5% broken rice price fell by 5.9% from the end of 2024 to US$399 per ton last Friday, the lowest in nine years.
February 9, 2025 | 08:03 pm PT
40% of Hanoi resale apartments priced $200K or more

40% of Hanoi resale apartments priced $200K or more

Nearly 40% of resale apartments in Hanoi are now priced VND5 billion (US$200,000) or more, a report has shown.
February 1, 2025 | 05:00 am PT
Vietnam's e-commerce explodes in 2024

Vietnam's e-commerce explodes in 2024

Vietnam's e-commerce achieved new records in 2024, driven by the growing habit of online shopping, which boosted livestreaming and attracted new players to the industry.
January 30, 2025 | 04:00 am PT
One billionaire drops out of Vietnam’s rich list

One billionaire drops out of Vietnam’s rich list

Vietnam now has five billionaires with a total net worth of $12.4 billion after one dropped out this month.
January 24, 2025 | 01:32 am PT
Singapore families pay $1.3B on private tuition: survey

Singapore families pay $1.3B on private tuition: survey

Singapore families spent SGD1.8 billion (US$1.3 billion) on private tuition for their children in 2023, up 29% from five years earlier.
January 22, 2025 | 02:00 am PT
Vietnam is Ford’s biggest Southeast Asian market

Vietnam is Ford’s biggest Southeast Asian market

Ford sold 42,175 vehicles in Vietnam last year, making the country its top market in Southeast Asia.
January 21, 2025 | 08:32 pm PT
Auto sales rise by 22% in 2024

Auto sales rise by 22% in 2024

More than 494,000 automobiles were sold in Vietnam last year, a year-on-year increase of 22%, thanks to a boom in sales in the fourth quarter.
January 15, 2025 | 04:34 pm PT
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