Logistics market sees rash of acquisitions, foreign investors keen

The logistics real estate segment saw a number of mergers and acquisitions in the first nine months with a number of major foreign players involved in them. Read more »

Fabric origin a problem for textile firms seeking to benefit from EU trade deal

With Vietnam not producing enough or competitively priced raw materials for the textile industry, its companies are struggling to fully benefit from the EVFTA. Read more »

Vietnam to close 2G services by 2022

Vietnam plans to bring the number of 2G subscribers to under 5 percent by 2022 so that it can stop this service and push the development of higher-technology cellular... Read more »

Year-end shopping season pumps up storage demand

Online sales discounts during the year-end season is pushing up demand for storage in Vietnam with major e-commerce players racing to make deliveries. Read more »

Most citizens cannot afford ‘affordable housing’

Affordable housing in Hanoi and HCMC is out of reach for most citizens, mainly because of dwindling supply and rising prices. Read more »

Viettel, MobiFone licensed to commercially test 5G

Telecom giants Viettel and Mobifone have received licenses to commercially test 5G broadcast in Vietnam’s two largest cities. Read more »

Industrial estate rents surge in HCMC, Hanoi

Third quarter industrial land rents in Ho Chi Minh City and Hanoi have surged two and 1.7 times year-on-year, respectively. Read more »

Quarantine services send HCMC hotel room rents soaring

Average room rates at six designated quarantine hotels in HCMC are between 15-80 percent higher than the market average of $54. Read more »

HCMC serviced apartment rents hit five-year-low

The average rent for serviced apartments in HCMC has fallen to a five-year low as the Covid-19 pandemic stifles demand. Read more »

Dealers cut car discounts as demand recovers

Major auto brands like Toyota and Hyundai are cutting or reducing discounts as sales recover following a pandemic-induced plunge. Read more »

Banks maintain profit growth but bad debts rise

Most banks reported profit growth in the first nine months, but bad debts posted a double-digit rise due to the impacts of the Covid-19 pandemic. Read more »