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Reducing Supply-Demand Discrepancy in Real Estate Listings

According to a survey conducted by Savills Vietnam, condominium prices have skyrocketed by 77% within a 5-year period. Currently, the average price for a mid-range condominium unit is around 54 million dong per square meter. Not only are prices reaching unprecedented levels, but there is also an oversupply of high-end residential units while affordable housing below 25 million dong per square meter is scarce in the market.

Quick assessment of the impact of the amended Housing Law (2023) and some recommendations

Dr. Can Van Luc and the team of authors from the BIDV Training and Research Institute have identified 9 new points of the 2023 Housing Law and assessed the impacts of this Law on individuals, businesses, and the economy, while providing important recommendations.

Hanoi: Less than 3% of apartments priced below 2 billion dong in Q4/2023

According to Savills' report, in Q4/2023, only 3% of the apartments in Hanoi are priced below 2 billion VND.

Mitsubishi Triton: A Luxurious and Highly Sought-After Vehicle, Selling 6 Times More Than Expected,...

After a 12-year absence, Mitsubishi Triton has made a comeback in its home country of Japan in an incredibly impressive way.

Unlocking the housing crisis: Hopes for resolving the ‘thirst’ for social housing

The 2023 Housing Law has been passed with several new provisions on social housing development that will have a positive impact on business investment activities and make it easier for home buyers to access. With the participation of local authorities, it is expected to address the "affordable housing crisis".

FPT Long Chau and Boehringer Ingelheim strengthen collaboration

FPT Long Chau and Boehringer Ingelheim are pushing forward with an expansion in their pharmaceutical supply collaboration in Vietnam, aiming to bring positive breakthroughs to the pharmaceutical industry.

Vice Governor: ‘We never tighten real estate credit’

Deputy Governor of the State Bank of Vietnam, Dao Minh Tu, stated, "We never tighten real estate credit, but credit will not be attracted to speculation or market manipulation leading to stagnant capital flow. Credit into real estate with commercial nature, affordable prices, still remains a target worth considering...".

3 Major Banks to Provide $1.8 Billion Loan for Long Thanh Airport Construction

In the early months of 2024, three state-owned commercial banks, including Vietcombank, Vietinbank, and BIDV, will sign a financing agreement for the construction of Long Thanh International Airport, with an estimated scale of $1.8 billion.

Portrait of the Russian ‘Ghost’: The car model that is likely to be the...

The Rolls-Royce Phantom is a globally renowned car model, often referred to as the "ghost." The Russians also have a car model with similar power, and it's highly likely that the car gifted by Mr. Putin to Mr. Kim Jong-un belongs to this model.

Actual image of Mitsubishi Xforce base priced at 620 million just arrived in Vietnam:...

The Mitsubishi Xforce GLX is the entry-level variant, offering basic amenities at an affordable price, without compromising on some premium features such as electronic brakes, automatic air conditioning, LED headlights...
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Ho Chi Minh City: Preserving the Minimum Parcelization Threshold for Residential and Agricultural Land...

The proposed replacement for Decision 60/2017 stipulates that all land plots, both before and after subdivision, must abut a transportation route approved by the relevant authorities.

“Coinbase Restores Functionality, But Withdrawals Remain Unavailable”

Coinbase, the world's second-largest cryptocurrency exchange by trading volume, suffered a major outage.

A New Major Shareholder Arrives, HAG Board Member Resigns After Three Decades of Dedication

The Hoang Anh Gia Lai Joint Stock Company (HAGL) has announced the resignation of Mr. Nguyen Chi Thang from their Board of Directors. Mr. Thang tendered his resignation on May 7th, citing personal reasons.

The Market Beat: The Prolonged Divergence Play

The market closed with the VN-Index down 3.94 points (-0.32%) to 1,244.7, while the HNX-Index climbed 1.1 points (0.47%) to 235.68. Bears dominated the market breadth with 396 declining stocks against 342 advancing ones. The large-cap stocks in the VN30-Index basket painted a similar picture, with 22 losers, 4 gainers, and 4 stocks closing flat.

Market Beat: VN-Index Surges Ahead

The market ended the session on a positive note, with the VN-Index climbing 1.68% to 1,241.58 and the HNX-Index gaining 1.78% to close at 232.29. The market breadth tilted in favor of bulls with 583 advancing stocks against 189 declining ones. The large-cap stocks in the VN30 basket painted a rosy picture, as evident from 28 gainers and merely 2 losers.