Tag: Nguyen Hoang Bao

The Vietnamese automotive market is heating up in June with a price war among leading Japanese automakers, including Toyota, Honda, Mitsubishi, Mazda, and Subaru.

"The implementation of the trio of new real estate laws has had a muted impact on the industry over the past ten months. Businesses have expressed that the laws have not significantly affected various segments of the market. The journey of a project from conception to completion remains a tedious one, fraught with a maze of procedures and a hundred bureaucratic hoops to jump through, each demanding their pound of red tape and seals of approval."

The demand for and prices of commercial shophouses (a hybrid of residential and business space) have been quietly growing, yet the supply remains scarce and absent from Ho Chi Minh City's market for years. This scarcity has led to a rapid increase in secondary prices for existing projects.