Rental apartment investors exit market on gloomy demand, low returns
industries | 387414352Rental property investors have been selling off apartments in the past few years and switching to other assets as Covid-19 hit demand and dragged down returns.
Investors gamble on collapsed cryptocurrency
industries | 386974354Some Vietnamese are trying to catch the falling knife that is Luna, a cryptocurrency that has lost 98 percent of its value.
Auto sales extends growth
industries | 386594352Vietnam’s auto sales reached 42,359 units in April, with most major brands posting double-digit to triple-digit growth, according to the Vietnam Automobile Manufacturers Association (VAMA).
Honda runs out of motorcycle parts, buyers take hit
industries | 386064353Honda, which has an 80 percent share of the motorbike market in Vietnam, faces a shortage of parts.
Shipping industry profits continue to rise on surging demand
industries | 385894352High demand and tariffs continued to drive profits of shipping companies in the first quarter.
Agro, fishery exports see double-digit growth
industries | 385854353Export earnings from some agricultural and fishery products rose by double digits in the first four months as their prices reached record levels.
Ministry seeks 'peculiar' policy to boost steel sector
industries | 385724352Vietnam’s steel industry needs a peculiar policy to boost development as it struggles to compete with global producers, according to the Ministry of Industry and Trade.
Property companies under the scanner, stop issuing bonds
industries | 385284352Property companies’ bond issuances came to a complete halt last month following the government’s orders to the central bank to monitor them closely.
Finance ministry seeks tax delay for auto industry
industries | 385154354The Ministry of Finance wants special consumption tax payable by auto companies to be deferred by up to four months to help them recover from the impact of Covid-19.
Rice export prices drop in Q1
industries | 385034353Average rice export prices dipped by 10.6 percent in the first quarter, resulting in a 6-percent decline in revenues.