The supply of luxury apartments in central Hanoi is becoming increasingly scarce, pushing starting prices to new highs.
High demand and limited supply drive transactions in major urban areas despite soaring costs.
Hanoi is set to receive a significant future supply of over 100,000 apartments starting from 2025, a tenfold increase compared to the current availability.
Recent land auctions in Hanoi have seen land prices skyrocket, raising concerns among experts about the potential negative effects on the real estate market and the local economy.
Samsung Vietnam is calling on the Vietnamese government to support its efforts to procure renewable energy at competitive prices as part of its broader strategy to transition to greener operations.
Hanoi’s apartment prices are expected to continue rising until supply and legal bottlenecks are resolved, according to experts.
A multitude of complex factors has contributed to the continuous upward trajectory in airfare prices anticipated in the coming years.
Coffee prices have been steadily increasing over the past few months, leading export businesses to incur significant losses in order to fulfill orders.
The apartment market in Hanoi shows no signs of slowing down as prices continue to soar, with industry experts projecting further escalation until hitting the affordability threshold for prospective buyers.
Despite the optimism when Vietnam saw a rosy start to 2022, it is facing multiple challenges given elevated global energy prices, HSBC said in its latest report.
HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.
Demand for apartments in both Hanoi and Ho Chi Minh City remains rather healthy in the face of limited new projects. While prices stay flat in the capital city, they soar to a record high in the bustling southern city.
The Vietnam-based media group is still mired in YouTube incident while share prices plummet.
YouTube's decision to terminate hosting services for Yeah1 subsidiaries is casting shadow on one of Southeast Asia's biggest media groups.
