Japanese firms Sun Frontier and Cosmos Housing have started constructing two property projects in the beach city, sparking the recovery of the deadlocked real estate market.

With a sharp depreciation of the US dollar against the Vietnamese dong, the State Treasury has continuously bought large amounts of the greenback from commercial banks.

Vietjet has opened ticket sales for direct flights between Da Nang and Ahmedabad (India), offering two round-trips per week, expanding travel opportunities between Vietnam and India.

According to a socio-economic report recently published by the General Statistics Office, retail revenue for the first eight months of the year is estimated at nearly VND3.3 quadrillion (US$130.3 billion), a 7.3% increase year-on-year.

The mergers and acquisitions (M&A) market in Vietnam is showing signs of resurgence in the final months of the year, with multiple companies announcing successful deal closures.

Foreign investors poured a total of US$2.4 billion into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year, according to the latest updates from the General Statistics Office (GSO).

Vietnam’s rice exports are expected to reach a record turnover of about US$5 billion this year, as high demand from many large and traditional markets, such as the Philippines and Indonesia, continues.

India's Ministry of Finance has just issued an order to impose a tax of 12-30% on some steel products imported from China and Vietnam, including steel pipes and welded stainless steel pipes, to protect its domestic industry.

Prime Minister Pham Minh Chinh has asked authorities at all levels to ensure supplies of food and essential goods for households affected by super Typhoon Yagi.

Real estate revenue in Ho Chi Minh City reached VND173 trillion (over US$7 billion) in the first eight months of the year, up 6.1% year-on-year, according to the HCM City Statistics Office.