Private investors fund city infrastructure
To raise funds for infrastructure works, HCM City has called for private investments in BT (build-transfer) projects.
Fresh funds breathe life into housing market
Though the extent of the housing market recovery is not very clear, a lot of money has started flowing into the sector, clearly accelerating the revival.
City firms diversify import sources
Based companies have diversified their sources of import of materials and equipment for production lines to become less dependent on certain markets, a meeting to review HCM City's socio-economic performance this year by the People's Committee heard on Thursday.
Preference for dollar loans boosts credit growth
Companies prefer borrowing in foreign currency than the dong, with banks' foreign currency credit growth topping 20 per cent as of October.
Shrimp exports hit $3.25b with more growth expected
The Vietnamese equivalent of the English phrase ‘selling like hot cakes' is ‘selling like fresh shrimp' (Dat nhu tom tuoi). It is also an apt description of Vietnamese shrimp exports in the first 10 months of this year.
Sudden spike in lending by banks
According to the State Bank of Viet Nam, banks' credit grew by 2.93 per cent between August 21 and September 30, meaning around VND61.66 trillion (US$2.90 billion) was pumped into the economy.
South Korea becomes top VN investor
With investments of US$3.6 billion in the first 10 months of the year, South Korea has become the top foreign investor in Viet Nam this year.
Long road ahead for Long Thanh Airport funding
French company ADPi, a fully-owned subsidiary of the Aeroports de Paris Group (ADP), has said it did not promise to invest US$2 billion in building a new international airport in Dong Nai Province as claimed by a local official last week.
Lawmakers worried about new airport cost
National Assembly members have voiced concern over the large investment required for building a new international airport in Dong Nai Province near HCM City.
State Bank housing plan may revive market
The State Bank of Viet Nam's stated intention of instituting a new home loan programme has sparked a public debate in recent days.
Better to buy houses in City, rent in Ha Noi: CBRE
House rentals are vastly different in HCM City and Ha Noi. For a similar quality apartment in a comparable location, the rent in HCM City is 10-20 per cent higher than in Ha Noi. This means residential properties in the southern hub can provide better yields than those in Ha Noi for landlords, according to a report released by CBRE.

Highlight

HCM City struggles to control influx of substandard produce 1    HCM City struggles to control influx of substandard produce

High demand for farm produce and the sheer variety of ways in which it is brought into HCM City from other localities makes quality control a very difficult task, officials say.

Hoi An hosts silken rendezvous Hoi An hosts silken rendezvous

Top craftsmen and women from seven silk villages in Viet Nam will participate in the Viet Nam Silk Culture Day at Hoi An city's Silk Village centre on December 28.

Local art smashes auction record Local art smashes auction record

Days after noted Vietnamese artist Le Pho's View from the Hilltop set a new auction record, art collector Nguyen Minh still has a lingering feeling of regret.

Long Bien Bridge preservation divides planners 2    Long Bien Bridge preservation divides planners

Architecture and cultural managers discussed Long Bien Bridge's future at a seminar held on Wednesday in Ha Noi.

Malaysia crush VN in AFF semis Malaysia crush VN in AFF semis

Viet Nam suffered a nightmare yesterday at My Dinh Stadium in Ha Noi as they were knocked out of the ASEAN Football Federation-Suzuki Cup.