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Many Vietnamese need savings of at least 50 years to buy a house

With an average monthly income of VND7.5 million, Vietnamese need to save money for 50 years to be able to buy an apartment with two bedrooms.

VIETNAM BUSINESS NEWS FEBRUARY 25/2023

Hanoi to spend 437 trillion VND on housing development until 2025

VIETNAM NEWS HEADLINES FEBRUARY 25/2023

Dossiers for building of decree on personal data protection approved

Vietnam’s 2022 smartphone shipments fall to 2015 levels

Vietnam's smartphone market saw a dip in shipments by 15.6 per cent in 2022, marking a significant decline in the industry, according to the International Data Corporation's Worldwide Quarterly Mobile Phone Tracker.

Domestic digital companies urged to go global to tap into trillion-dollar market

Vietnamese digital companies should expand their reach to tap into the trillion-dollar global market where the opportunities are abundant for the high-quality IT engineering team of Viet Nam, experts urged at a conference on the matter.

MoF proposes decree amendment to allow bond payment conversions

Converting the bond debt into properties will help realty enterprises reduce inventories and the pressure of cash flows.

Domestic airlines doing well but challenges ahead

Vietnamese airlines are on the mend but against a backdrop of mounting costs, including fuel costs.

Coffee, rubber and many others affected by new EU policies on anti-deforestation

Vietnam, one of the EU’s main importer of forestry-based products is facing great challenges in adapting to these new policies from the EU.

13-year-old launches áo dài collection to celebrate VN-UK ties

Fifty áo dài sets of Love Collection brand for adults and children have been displayed at a fundraising event for UNICEF and the Southeast and East Asian Centre (SEEAC) at St Andrew’s university.

Golden mustard flowers welcome spring in Ha Giang rocky plateau

These days, Ha Giang is carpeted by endless fields of mustard blossoms which bring a warm atmosphere to clear away the cold air and grey sky in the region while welcoming a prosperous spring.

Hanoi: Relocated residents wait for renovations to dilapidated residential buildings

Hanoi had urged residents to evacuate their homes urgently in 2016 after deeming the complex unsafe for habitation and promised renovations in exchange.

ASEAN emerges as fourth largest export market for Vietnamese seafood

ASEAN has become Vietnam’s fourth largest seafood export market amid local seafood exports to the Philippines, Indonesia, and Brunei recording a sharp annual increase in January, according to the Ministry of Industry and Trade (MoIT).

Discovering royal antiquities in Hue’s 100-year-old museum

2023 marks the 100th year since the establishment of the Hue Royal Antiquities Museum, a site which is widely considered to be a treasure trove full of Nguyen Dynasty antiques.

Discover famous places in Bac Ninh

As a neighboring province of Hanoi, Bac Ninh province is a prominent destination in northern Vietnam with many ancient buildings, temples and traditional craft villages.

The newest investment destinations

New investment destinations are arising in the northern industrial real estate market, as they are strongly appealing to investors by adding more supply to make up for the traditional markets.

Breakthrough policies needed to develop Vietnam's electronics industry

The electronics industry has seen good progress in recent years, accounting for about 18% of the total industrial production value and more than 30% of the total export revenue of the country.

How has real estate credit been performing in the last 10 years?

The credit growth rate of the banking system in the last 10 years has slowed down compared with the previous decade, hovering around 14 percent per annum in 2012-2021 instead of 30 percent in 2001-2010.

EU manufacturers eye offshore wind turbine plants in Vietnam

According to the World Bank Group, Vietnam is seen as a potential major player in the sector because of its strong winds in shallow waters near coastal, densely populated areas.

Deals bode well for US-Vietnam ties

The new economic cooperation framework involving the United States and Vietnam, and the updated version of a trade and investment deal, are set to drive bilateral ties forward.

Now is not the time to worry about control of AI apps

Besides concerns about the negative sides of ChatGPT, many technology and education experts believe that it is too early to discuss the management and control of ChatGPT tools and artificial intelligence (AI) products.