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An apartment should be viewed as a consumable, not an investment
I have always viewed my apartment unit as a place to stay and, similar to my car, a consumable instead of an investment that either brings loss or profit.
What I learned from borrowing $60,000 to buy house in Hanoi alley
Borrowing VND1.5 billion (US$60,858) to quickly close the deal on a VND3.35 billion house in an alley in Hanoi instead of waiting was one of my best decisions.
Don’t eat $22 toast if you want to buy a house
Blaming young people’s inability to buy properties on their eating habit alone is an unreasonable opinion often shared by older generations.
March 5, 2024 | 03:00 pm PT
Am I selfish for hiding my real income from my parents?
I feel guilty after telling my parents that I only make VND12 million (US$491) a month when I actually earn VND25 million.
February 15, 2024 | 03:31 pm PT
Should I sell my house to buy an apartment?
Switching to an apartment might temporarily improve living conditions, but it will not maintain its value in the long term as houses do, the expert said.
February 14, 2024 | 03:00 pm PT
Money lent to friends is often impossible to reclaim
Friends or acquaintances rarely repay the money they borrowed, especially if it is below VND5 million (US$204).
February 12, 2024 | 04:21 pm PT
Changing your life by investing in land is a pipe dream
Many individuals, fearing inflation, often pour all their money into land trading with the hope of one day becoming wealthy only to live in constant worry about mounting debt.
January 8, 2024 | 05:00 pm PT
Should I borrow $41,000 to buy a second house?
With good finances, borrowing to own a residence that offers a higher quality of life is a sound decision, the expert advises.
January 5, 2024 | 04:00 pm PT
Central bank’s proposed clampdown on cash loans might hurt finance companies
With the government seeking to clamp down on cash loans given by finance companies, there are fears their bottom lines might be hit.
April 8, 2019 | 11:27 pm PT
Vietnamese consumers among the most optimistic in the world
Vietnamese consumer confidence has reached a global high thanks to optimism over jobs and personal finances.
December 17, 2018 | 07:41 pm PT
Vietnam 'biggest winner' in intn'l survey on best countries for expats
The country rises up an 'astounding' 24 places to 11th out of 67 countries surveyed.
September 1, 2016 | 11:01 pm PT