A recent report from the Ho Chi Minh City Real Estate Association (HoREA) reveals that the number of real estate transactions has stagnated and there has been a clear trend towards the high-end segment.

The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) officially opened a factory producing the first made-in-Vietnam energy efficient glass in the southern province of Binh Duong on July 25. 

The domestic condiment and sauce market is offering significant room for growth, with foreign brands holding a pole position in the spice market and local firms competing to win in the sauce market share.

Following a successful 2015 and a promising first half of 2016, the Vietnamese mergers and acquisitions scene is poised to extend its momentum for the foreseeable future.

The July consumer price index (CPI) CPI rose 0.13 percent against June, 2.39 percent year on year and 2.48 percent compared to December 2015, the General Statistics Office (GSO) reported on July 24. 

The Vietnamese IT industry has seen rapid development from 2010 to 2015, bringing revenue of US$7.6 billion in 2010 to US$49.5 billion in 2015, or seven times as much as 2010. 

Hanoi authorities approved a plan to construct a new hotel in September at 22-32 Le Thai To Street, formerly home to the two-storey supermarket Intimex. The approval, however, has raised eyebrows among architectural specialists.

The consumer price index (CPI) in Hanoi continued to go up in July, the seventh consecutive month of growth, the municipal Statistics Office (GSO) reported. 

The national flag carrier Vietnam Airlines earned a combined revenue of VND36 trillion (US$1.62 billion) in the first half of this year, accounting for 72% of the set target. 

Many cement and steel manufacturers, civil engineering and agricultural companies have added real estate development onto the lists of their strategic business fields. They have become new but powerful players in the market.