Limited supply to drive housing prices up: report

With developers struggling to get licenses for new projects, housing prices could rise by up to 10 percent this year, according to a report by brokerage SSI Securities Corporation. Read more »

Vietnam sees rooftop solar boom

Over 45,000 households and organizations in the country have installed rooftop solar panels thanks to their falling prices. Read more »

Multi-level marketing firms’ revenues rise despite fewer participants

The number of participants in multi-level marketing declined by 12 percent in 2019 though sales rose by 16 percent. Read more »

Vietnamese fruit exports to US halted as Covid-19 keeps inspecting officials away

Vietnamese fruit exporters have not been able to ship to the U.S. for days due to a lack of officials to inspect the safety of their products. Read more »

Banks struggle to sell collateral to recover unpaid loans

Commercial banks are trying to sell properties including land, factories and cars, but many remain unsold after multiple offers and even price reductions. Read more »

Not time of milk and honey for workers despite new wave of Japanese investment

Though the shift by Japanese firms from China to Vietnam will be economically beneficial, Vietnamese workers may not be able to take advantage, experts warn. Read more »

Aviation businesses seek resumption of international flights

The Vietnam Aviation Business Association has called on the government to restart international flights to countries that have contained the Covid-19 outbreak to revive the aviation industry. Read more »

Car imports plummet nearly 50 pct, Covid-19 blamed

Vietnam imported 44,973 cars in the first seven months, down 47.5 percent year-on-year amid a slump in auto demand due to Covid-19. Read more »

Mask exports fall as global demand declines

Vietnam’s mask exports fell by nearly 35 percent in July to 154 million units as global demand dwindled. Read more »

Vietnam coal imports jump 50 pct

Vietnam has spent around $2.6 billion on importing 36.5 million tons of coal in the first seven months of this year, up 50 percent in volume year-on-year. Read more »

Vietnam plans further expansion to Hanoi’s Noi Bai Airport

The Civil Aviation Authority of Vietnam (CAAV) has submitted a plan to build two new runways and passenger terminals at Hanoi’s Noi Bai International Airport. Read more »

Foreigners own 2 pct of Vietnam housing supply: report

Foreigners own around 16,000 apartments in Vietnam, or 2 percent of the total housing supply, and this has not affected local people's opportunity to buy houses, a report says. Read more »