HCMC wants to continue trialing electric buses

The HCMC Department of Transport has asked the Ministry of Transport to extend its electric bus trial operations. Read more »

Give cheap land for developing affordable housing: experts

Merely calling for more investment in the affordable real estate segment will not influence profit seeking investors, experts say. Read more »

Developers struggle to sell high-end apartments in HCMC

The number of high-end apartments remaining unsold in HCMC soared by 74 percent year-on-year in the last quarter of 2020 as demand slumped. Read more »

Covid-19 shadows as Hanoi real estate market recovers

Most real estate classes in Hanoi showed recovery signs in Q4 2020, but Covid-19 uncertainties continue to loom over the market this year. Read more »

Aviation industry could see revival in second half of 2021

The aviation industry will recover in the second half of 2021 with the advent of coronavirus vaccines, SSI Securities Corporation has forecast. Read more »

How will the dairy industry fare in 2021?

The Covid-19 pandemic will cause a divergence in dairy consumption in 2021 with low-income people buying less than last year and middle- and high- income buying more, analysts forecast. Read more »

HCMC office buildings report surging vacancy rates

The vacancy rate in grade A office buildings in HCMC rose to over 18 percent last year from 4 percent pre-pandemic. Read more »

Allow use of abandoned containers, shipping companies urge

Anticipating a prolonged shortage of empty containers, shipping lines are asking authorities to free up thousands that lie abandoned at ports. Read more »

Steel prices could peak in 2021: report

With demand forecast to grow 8 percent, steel prices could hit a four-year peak this year before falling as global demand stabilizes, experts say. Read more »

Vietnam to cut 2021 renewable energy output

Vietnam plans to reduce its renewable energy output by 1.3 billion kilowatt hours (kWh) this year, with transmission capacity unable to handle the supply. Read more »

Covid-19, floods make 2020 a bad year for railroad operator

The Covid-19 pandemic and central region floods have caused the Vietnam Railways Corporation’s revenues to plummet and are likely to saddle it with losses for 2020. Read more »

Condotel, beachfront villa market slump

Resort real estate supply and sales fell to a five-year low last year, according to real estate consulting company DKRA Vietnam. Read more »