The Ho Chi Minh City People’s Committee has instructed the Management Board of Urban Railway (MAUR) to send the changes to the first two metro lines’ cost estimates to the municipal People’s Council for approval.  

Though many banks have posted positive profits in the first half of 2019, their bad debts have continually increased in the wake of high credit growth in risky business segments.

The commute to or from downtown Hanoi during rush hours can be stressful to say the least.  

The Vietnamese stock market suffered during the week from July 29 to August 2 after having rallied for four consecutive weeks amid negative news from the international markets.

Japanese investors are pouring money into hundreds of restaurants in Vietnam as local incomes continue to rise around the country.

The itinerary for a tourist visiting Hanoi typically includes some sightseeing for Instagram photos and trying out a bowl of ‘pho’ or a ‘banh mi’, possibly with a cup of egg coffee.

Ho Chi Minh City is making efforts to improve its logistic services to create a driving force for its economy as well as that of the southern key economic region.

More positive signs would appear in Ho Chi Minh City’s property market in the year-end months despite difficulties in the first half of the year, said Chairman of the HCM City Real Estate Association Le Hoang Chau.

The Ministry of Construction has recently requested the Departments of Construction in cities and provinces to urge enterprises in the real estate sector to report suspicious transactions and cash transactions worth 300 million VND (13,000 USD) and above.

The US Federal Reserve (Fed)’s latest rate cut will benefit commodity and equity markets in the short term, according to specialist Nguyen Tri Hieu.