On January 6th, the Ho Chi Minh City Stock Exchange (HOSE) announced a mandatory delisting of shares for Bien Hoa Packaging Joint Stock Company (Sovi, HOSE: SVI).
Soaring interest rates, coupled with the fading allure of once-promising credit packages, have collided with skyrocketing housing prices that far outpace income growth, pushing the dream of homeownership further out of reach for young people.
The entire tunnel through the Phượng Hoàng Pass (bordering Khánh Hòa and Đắk Lắk provinces) on the Buôn Ma Thuột – Khánh Hòa Expressway has officially opened to traffic after more than 20 months of construction.