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.
SOEs struggle to find strategic partners
After a search for suitors that lasted several months the Viet Nam National Textile and Garment Group (Vinatex) finally identified two of them — Vingroup and Vietnam Investment Development Group. But Vinatex's quest for strategic shareholders has not come to a happy conclusion since they are said to be not what the company had expected: both are property companies.
Myanmar Speaker visit set to bolster ties
Economic ties with Myanmar are expected to strengthen following the visit to Viet Nam by the Speaker of the National Assembly, Thura U Shwe Mann, earlier this month.
Tumbling interest rates raise concern
In June 2013 Hoang Thi Kim Hoa deposited VND150 million (US$7,000) in a bank near her house in HCM City. With the interest rate being 6.8 per cent, she got more than VND800,000 each month. But since then the rate has been falling relentlessly, reaching 5.3 per cent last month.
City may slap maintenance fee on motorbikes
Motorbike users in HCM City will have to pay a road maintenance fee from next year if a recent proposal by the Department of Transport is passed by the People's Council at its session in September.
Thai firm snaps up Metro, eyes VN market
Thailand's Beri Juker Public Co. Ltd (BJC) signed a deal earlier this month to buy the Viet Nam operations of Germany wholesaler Metro for US$876 million.
MoF seeks to change gambling rules
Vietnamese aged 21 and above will be allowed to enter casinos – which are now off-limits to them – if a draft decree by the Ministry of Finance is approved.
Decree stipulates network marketing rules
When multi-level marketer Nuskin Viet Nam launched its business in Viet Nam over a year ago Dang Ngoc Thanh of HCM City's Tan Binh District started participating in some of its programmes in the hope of becoming its member.
Rising rice prices thrill Mekong Delta farmers
The recent rice export contracts won by some companies forced rice prices up in late July and made the market in the Cuu Long (Mekong) Delta very busy to farmers' delight.

Highlight

Woman steps up in fight to tackle drugs 2    Woman steps up in fight to tackle drugs

Since for Le Thi Nga "to live is to give," she thought nothing about joining the neighbourhood watch in her fourth quarter in District 1's Cau Kho Ward in 2009.

Tan Son Nhat Airport on verge of overloading 1    Tan Son Nhat Airport on verge of overloading

HCM City's Tan Son Nhat Airport will be stretched beyond capacity in the next two years, making construction of the new Long Thanh airport in Dong Nai Province more urgent than ever, experts warn.

BIDV teams up with Japanese banks to facilitate investment BIDV teams up with Japanese banks to facilitate investment

The Bank for Investment and Development of Viet Nam (BIDV) has signed a memorandum of understanding (MoU) with two Japanese banks, namely Minato Bank and the Bank of Yokohama (BOY).

My Lai survivor writes book 1    My Lai survivor writes book

Pham Thanh Cong, 57, was one of only a dozen survivors of 1968's infamous My Lai massacre. More than four decades later, he has written a book about the mass murder, in which American soldiers killed 504 unarmed civilians.

Imported brews, grub at Ha Noi's Oktoberfest 1    Imported brews, grub at Ha Noi's Oktoberfest

A celebration of Germany's Oktoberfest will be held in Ha Noi on Thursday and Friday.