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Apartments for less than $50,000? Not in HCMC

Apartments for less than $50,000? Not in HCMC

Affordable apartments costing around VND1 billion ($43,000) are becoming a thing of the past in HCMC since construction costs have risen rapidly, industry insiders said.
Steel exports to China multiplies 19 times

Steel exports to China multiplies 19 times

Vietnam’s steel exports to China surged 19 times to 2.07 million tonnes between January and August on the strength of rising demand in a recovering economy.
September 24, 2020 | 05:45 pm GMT+7
Domestic aviation on the road to recovery

Domestic aviation on the road to recovery

Vietnam's aviation industry is gradually recovering with passenger numbers heading toward pre-pandemic levels after a months-long slump.
September 23, 2020 | 01:00 pm GMT+7
Extend feed in tariff incentive for wind power: ministry

Extend feed in tariff incentive for wind power: ministry

The Ministry of Industry and Trade wants to extend the incentive feed-in-tariff (FIT) period for wind power projects by a couple of years.
September 23, 2020 | 08:14 am GMT+7
Pizza chains post double-digit growth

Pizza chains post double-digit growth

With over 180 outlets, three popular pizza chains in Vietnam posted double-digit growth last year with combined revenues of over $83 million.
September 23, 2020 | 08:08 am GMT+7
Vietnam opens anti-dumping probe into sugar imports from Thailand

Vietnam opens anti-dumping probe into sugar imports from Thailand

The Ministry of Industry and Trade has initiated an anti-dumping investigation into sugar imports from Thailand, which have increased six-fold this year.
September 22, 2020 | 02:31 pm GMT+7
HCMC metro work gives massive boost to nearby house prices

HCMC metro work gives massive boost to nearby house prices

Construction of the first metro route in Ho Chi Minh City has boosted residential prices in its vicinity to 25-75 percent higher than launching prices.
September 22, 2020 | 09:32 am GMT+7
Funding, policy difficulties hassle independent power producers

Funding, policy difficulties hassle independent power producers

Many private power projects in Vietnam have been delayed for years due to difficulties in acquiring funds and policy roadblocks.
September 21, 2020 | 12:10 pm GMT+7
Tuna exports to EU surge thanks to trade deal

Tuna exports to EU surge thanks to trade deal

Tuna has become one of Vietnam’s first export items to benefit from the country’s free trade deal with the E.U., with shipments surging in August.
September 18, 2020 | 12:06 pm GMT+7
Hotels for sale at new high amid pandemic blues

Hotels for sale at new high amid pandemic blues

Hotels with ‘for sale’ signs have mushroomed across different parts of Vietnam, despite a scarcity in buyers.
September 16, 2020 | 07:56 pm GMT+7
Middle class buyers drive Vietnam’s housing market

Middle class buyers drive Vietnam’s housing market

Over 80 percent of new apartments in Vietnam’s major cities in recent years have been bought by the fast-growing middle class amidst rapid urbanization.
September 15, 2020 | 11:00 am GMT+7
Industrial park operators brace for profit plunge

Industrial park operators brace for profit plunge

Industrial park operators could see H2 post-tax profits fall 23 percent year-on-year to VND4.9 trillion ($211.4 million) over travel restrictions and land acquisition delays.
September 14, 2020 | 02:53 pm GMT+7
Vietnamese carriers bank on lift from Tet holiday

Vietnamese carriers bank on lift from Tet holiday

Beleaguered Vietnamese carriers are looking to the next Tet, or Lunar New Year holiday, to pump up revenues after months of suffering Covid-19 impacts.
September 12, 2020 | 08:13 am GMT+7
Solar power production triples

Solar power production triples

Vietnam’s Jan-Aug solar power production surged 2.94 times year-on-year to 6.39 billion kWh, with an increase in the number of plants.
September 10, 2020 | 07:15 pm GMT+7
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