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Haiphong Accelerates Land Clearance for $8.3 Billion Rail Mega-Project Spanning 23 Wards and Communes
The Lao Cai - Hanoi - Hai Phong railway project spans approximately 419 kilometers, with a total investment of over 203 trillion VND. Specifically, the section passing through Hai Phong City covers nearly 90 kilometers, traversing 23 communes and wards.
Thai Rice Prices Surge to Near Four-Month High
In Asia, Thai rice prices surged to their highest level in nearly four months amid concerns over supply disruptions caused by flooding.
Skyrocketing Prices: Hanoi’s Social Housing Units Surge to 90 Million VND/m², a Fivefold Increase
Social housing projects, once a beacon of affordability, are now commanding staggering prices on the secondary market. Just a few years after launch, units are being listed at 80-90 million VND/m², a 4-5 fold increase from their initial prices. This surge brings them on par with high-end condominiums, effectively pricing out the very low-income earners they were intended to serve.
