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.
VAMC looks to find foreign buyers for bad debts
Thanks to concerted efforts by the Viet Nam Asset Management Company (VAMC) and commercial banks, the former has so far bought around VND50 trillion (US$2.4 billion) worth of bad debts and plans to increase that to VND70-100 trillion by year-end.
Good jobs hard to find for returning workers
Thousands of workers struggle to find a suitable job after returning home to Viet Nam despite having good skills and experience of working abroad for years.


Authorities step in to save old trees 1    Authorities step in to save old trees

The Ha Noi People's Committee has asked Ha Noi Urban Railway Management Unit to try to avoid chopping down many old trees to make way for a future metro line.

Young travellers rescue bus accident victims Young travellers rescue bus accident victims

A group of 16 young Vietnamese motorbikers were first on the scene at last Monday's tragic bus accident on its way from the resort town of Sa Pa, which killed 13 of the 50 passengers on a sleeper bus.

Capital's new urban areas still without safe tap water Capital's new urban areas still without safe tap water

People living in apartment buildings of the capital's new urban areas are expressing concern over poor-quality tap water.

Minister acts on highway peril Minister acts on highway peril

The Ministry of Transport has urged Lao Cai People's Committee to co-ordinate the completion of the highway linking Noi Bai airport with Lao Cai and the resort town of Sa Pa.

VN film triumphs at Venice festival 1    VN film triumphs at Venice festival

A film by Vietnamese female director Nguyen Hoang Diep beat seven other foreign debut features to win the Best Film prize at the 2014 Venice International Film Festival's International Critics' Week.