return icon Vietnamnet.vn

Vietnam’s two big cities lead region in dynamic growth: JLL

HCM City and Hanoi continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momentum Index recently issued by property consultant Jones Lang LaSalle.

The results show a continuing shift in global influence from west to east, with Indian, Chinese and Vietnamese cities dominating the top positions.

Vietnam, with two cities in the top 20, the most of any country in the Southeast Asian region, featured highly in the global ranking driven by soaring exports to the US as its economy profits from the China-US trade disputes, the report said.

However, rapid urbanisation and strong economic growth in Vietnam are putting huge pressure on existing infrastructure.

While many other cities are struggling to keep pace with the growing demands for high-quality transport and utilities, both HCM City and Hanoi are responding to the infrastructure deficit by investing heavily in new metro networks./.VNA

Hanoi apartment market to see abundant luxury supply in 2020: JLL

Hanoi apartment market to see abundant luxury supply in 2020: JLL

The new launches are estimated to attract a large number of buyers due to thin supply in the city.

HCM City property market a magnet for foreign investors

HCM City property market a magnet for foreign investors

The Ho Chi Minh City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.

MORE NEWS

Revoking licenses of petrol distributors will not affect fuel supply

Although petrol distributors are allowed to buy products from more than one wholesaler, when supply interruptions occur, the distributor system has often not ensured a sufficient supply for filling stations.

Beauty contests heat up in first days of the Year of the Cat

Pham Kim Dung, a representative of the company that founded Hoa hau Quoc gia Vietnam (Miss National Vietnam) beauty pageant, said beauty queens need to make every effort to prove their talent as so many contests now exist.

Vietnam looks forward to catfish orders from China, the US

In January 2023, catfish exports brought $106.8 million to Vietnam, a 50 percent fall compared with the same period last year. However, Vietnamese farmers and exporters now see positive signs from the US and China.

High rates hurting businesses, hamper economic recovery

High interest rates have been hurting businesses' ability to invest in ramping up production capacity, said industry insiders and economists.

Chinese black-credit websites cheating Vietnamese out of money

Many websites have been created to trick people into transferring money to them.

Record number of Vietnamese runners qualify for Boston 2023

Nine of them are from Hanoi and HCM City, the two largest running communities in Vietnam, while the other is Dao Han, who currently lives in Florida, the US.

Vietnam’s transport sector seeking recovery and reboot

While making good recovery during 2022, Vietnam’s transport sector is betting on new policies and plans to increase private investment to obtain its ambitious goals.

Strong FDI flow into Vietnam's electronics industry to boost exports

The increased inflow of investment from foreign investors into Vietnam’s electronics industry is expected to create a positive outlook for the country’s exports of computers, electronic products, and components in the time to come.

Vietnamese professor honoured with prestigious IUPAC award

Vietnamese Professor Nguyen Thi Kim Thanh has received “the Distinguished Women in Chemistry or Chemical Engineering Awards” by the International Union of Pure and Applied Chemistry (IUPAC) in 2023.

Hanoi targets GRDP per capita of 36,000 USD by 2045

Hanoi is set to become a globally-connected city with high living standards and quality of life, according to a new plan that aims to raise the Gross Regional Domestic Product (GRDP) per capita to 36,000 USD by 2045.

Vietnamese security expert honored by US wireless carrier

Ngo Minh Hieu, a white-hat hacker, has been honored by many US technology corporations.

Many real estate firms declared bankruptcy in 2022

The number of real estate firms declaring bankruptcy and dissolution in 2022 increased by 38.7 percent over 2021, according to the Ministry of Construction’s (MOC) recent report.

Electricity prices must be reasonable: PM

Prime Minister Pham Minh Chinh recently chaired a conference on domestic consumption and exports in 2023.

Vietnamese aviation market predicted to fully recover by year-end

The Vietnamese aviation market is forecast to fully recover by the end of this year, according to a global outlook for the aviation industry released by the International Air Transport Association (IATA) recently.

Many Japanese firms plan expansion in Vietnam: JETRO poll

Sixty percent of Japanese investors in Asia-Pacific polled in a 2022 survey by the Japan External Trade Organization (JETRO) said they plan to expand operations in Vietnam within the next two years.
back_to_top