HCMC real estate market shows signs of improvement: experts
HCMC – Local experts are hopeful for a potential but gradual rebound of the real estate market in HCMC. Since May, the outlook for the city’s housing sector has brightened due to three interest rate cuts by the central bank and policy responses from the Government, according to the Vietnam News
Government urges nationwide power savings
HCMC – In response to severe electricity shortages in the north of the nation, the Government is calling upon households and companies to take energy-saving measures. Deputy Prime Minister Tran Hong Ha recently signed a directive aimed at enhancing electricity savings in the 2023-2025 period and
NA deputies back new special mechanism for HCMC
HCMC – HCMC, as a special-class city, requires corresponding policies, according to the National Assembly (NA) deputies. The NA General Secretary, Bui Van Cuong, said that HCMC has the largest population and the highest economic growth in the country, contributing 27% to the State budget revenue
Vietnam: Admire the outstanding scenery of Trang An Landscape Complex
Trang An - Tam Coc is listed as a national special heritage in Vietnam and is also recognized as a world heritage by UNESCO. Located in North Central Vietnam, Trang An landscape complex attracts tourists will a full-range landscape of mountains and rivers. Every year, thousands of tourists in both
Thai Nguyen Province Vietnam seeks investors for trillion-dollar urban area projects
Recently, the Thai Nguyen Province Vietnam Ministry of Planning and Investment has continuously notified and invited interested investors to register and implement urban and residential projects there.
Car sales may remain lackluster despite fee cut: Finance Ministry
HCMC – The Government has approved a proposal to reduce the registration fee for domestically manufactured automobiles by 50%. However, the Ministry of Finance has predicted that the fee cut may not have the desired impact. The Ministry of Finance, along with relevant agencies, has been tasked
Vietnam’s e-commerce exports may hit VND296 trillion by 2027
HCMC – The rapid growth of global e-commerce presents a valuable opportunity for Vietnam to tap into foreign markets, with the nation’s e-commerce exports projected to reach VND296.3 trillion by 2027. Research conducted by Access Partnership highlights that micro, small, and medium enterprises
HCMC-Trung Luong Expressway to be expanded to 10 lanes
HCMC – The Mekong Delta province of Tien Giang has approved a plan to expand the HCMC-Trung Luong Expressway from six lanes to 10 lanes, with an investment of nearly VND10 trillion, according to the local media. This 40-kilometer-long expressway currently has four traffic and two emergency lanes.
Housing prices in HCMC 32.5 times higher than average household income
HCMC – For individuals with middle and lower incomes, owning a home in a major city like HCMC is an unattainable dream, as housing prices are 32.5 times higher than the average income of a Vietnamese household. According to a report released by the Urban Land Institute (ULI), home prices in HCMC
Durian, coconut expected to join “1-billion-USD” club of exports
The export of durian and coconut is expected to hit 1 billion USD this year thanks to increasing demand from China, according to experts.
U.S. considers anti-dumping investigation of paper shopping bags imported from Vietnam
HCMC – The U.S. Department of Commerce (DOC) has received a request to initiate an anti-dumping investigation of paper shopping bags imported from Vietnam, said the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade. The Coalition for Fair Trade in Shopping Bags of the
Ammonium nitrate from Viet Nam escapes Australia’s anti-dumping subsidy duties
The Australia’s Anti-Dumping Commission (ADC) will not impose anti-subsidy duties on ammonium nitrate products imported from Viet Nam, according to the Vietnamese Ministry of Industry and Trade.