Apartment prices rising faster than rents in Saigon

The selling price of apartments in HCMC increased 11.8 percent on average in Q3, while rents rose 5.4 percent. 

Dragon fruits stuck at border as China implements tighter import regulations

Hundreds of dragon fruit containers are stuck at the border in northern Lang Son Province with Chinese customs taking longer to clear them.

FPT profit up 28 percent in 9 months

Vietnamese IT giant FPT Corporation posted a 28 percent increase in pretax profit in the first 9 months of the year, mainly contributed by its technology sector.
11:45 am GMT+7

Southeast Asia's mobile payments face shakeout as market booms

Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colorful adverts for e-wallets.
11:18 am GMT+7

Secondhand iPhone market heats up as iPhone 11 arrives

Listings of older iPhone models have increased in Vietnam after Apple released its latest iPhone 11 last month, with buyers expecting lower prices.
08:33 am GMT+7

Japanese firms to build Vietnam’s weather satellite

Vietnam will partner with Japanese conglomerate Sumitomo and tech firm NEC to build a satellite to forecast weather and survey damage caused by disasters.
October 19, 2019 | 06:18 pm GMT+7

Lazada, Tiki locked in delivery speed race

Giants Lazada and Tiki are racing to reduce their delivery times as competition heats up in Vietnam’s e-commerce market.
October 19, 2019 | 05:00 pm GMT+7

Overseas investments by Vietnam SOEs suffer increasing losses

Overseas investment projects of Vietnamese state-owned enterprises made losses of $367 million in 2018, up 265 percent year-on-year, a government report said.
October 19, 2019 | 01:58 pm GMT+7

Textile sector stuck at bottom of value chain

The textile industry, Vietnam's key exporter, faces hurdles to further development since it is stuck in the low-value segment of the supply chain.
October 19, 2019 | 12:48 pm GMT+7

Starbucks closes seven Hanoi stores over contaminated water

Coffee shop giant Starbucks has temporarily closed seven stores in Hanoi’s southwestern districts over the ongoing oil contamination crisis.
October 18, 2019 | 05:31 pm GMT+7

Amazon has no specific time frame for Vietnam website

A senior Amazon official says the firm sees Vietnam's potential, but has not decided on a time to launch services for Vietnamese buyers.
October 18, 2019 | 05:18 pm GMT+7

Uniqlo to open first Vietnam store in Saigon

Japanese casual wear retailer Uniqlo plans to open a 3,000-square-meter store in downtown HCMC at the end of this year.
October 18, 2019 | 01:05 pm GMT+7

Foreign investors cry foul, key Saigon wastewater treatment plant stalled

A tripartite meeting next week will try to sort out a bidding controversy that has delayed a key wastewater treatment project in Saigon.
October 18, 2019 | 09:12 am GMT+7

Hanoi water supplier’s soaring profits

Hanoi’s main water supplier, recently in trouble for contaminated tap water, has been reporting rising profits for years on surging demand.
October 17, 2019 | 06:21 pm GMT+7

Moody's assigns B1 rating to SeABank

Moody's has given SeABank a B1 long-term rating for the first time, reflecting the lender’s good financial capacity and development potential.
October 17, 2019 | 03:12 pm GMT+7
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