While in many other countries generation Y (born from 1981 to 1991) is struggling to get a foot on the property ladder without help from parents or grandparents, youth in Vietnam has been inheriting or receiving significant financial support from the older generation, according to experts from Savills.
In the first quarter of the year, real estate developers launched massive new condo projects with tempting promotions. But will the market be in a position to absorb such an enormous supply?
The government will have breakthroughs in the reform of legal regulations and business investment conditions for the domestic real estate market this year, according to experts.
The revenue of Vietnamese network operators has suffered an uncharacteristic low in the first quarter of this year due to new legislation reducing top-up promotions for pre-paid subscribers from 50% to 20%. The reduction of the promotion was put into force last month.
In 2014, Vietnamese were the most economical consumers in South East Asia in a Nielsen survey. However, their spending habits have changed.
Vietnam attracted US$3 billion worth of foreign direct and portfolio investments to the real estate sector in 2017, a sharp increase of 80% over the year before.
The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.
After Grab’s takeover of Uber on March 26, some Vietnamese transport businesses are taking advantage of an opportunity to invest in the lucrative ride-hailing market.
Vietnam’s derivatives market enjoyed robust and sustainable growth with 59 trading sessions in the first quarter of the year, according to the Hanoi Stock Exchange (HNX).
VOV.VN - Pepper prices dropped by half at the end of the first quarter compared to 2017 and equaled to one-fourth of those in mid-2016, down to the lowest level over the last five years.