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HCM City (VNS/VNA) - Rents for commercial spaces in Ho Chi Minh City’s main streets have been decreasing in recent months due to lower demand, according to experts. Thin, a veteran housing broker in the city’s central area, said many landlords have recently sought his help to find tenants. But it has become very difficult, and they have to wait unless they slash rental by 10-30 percent, he said. Property owners on some major streets have in fact reduced rents by 10-20 percent since the end of last year, including some who have not been able to find tenants for a long time. Phan Cong Chanh, director of Phu Vinh Group, a real estate company, told Nguoi lao dong (Labourers) newspaper that there have never been so many vacant properties as now. For instance, on a short stretch on Tran Quang Khai street in District 1 there are more than 20 premises available for lease, 20-30 percent cheaper than before in some cases, he said. Leasing has become difficult due to … [Read more...] about Commercial space rents in HCM City decline

-- A muscle beach competition is scheduled to be held for both local and international contestants in Phan Thiet, a beach town in south-central Vietnam, in April, according to information announced at an introduction ceremony in Ho Chi Minh City on Wednesday. … [Read more...] about Breakfast @ Tuoi Tre News – February 28

After exploring, it is ideal to return to the town to enjoy coffee or drinks and find a restaurant for seafood. Because Co To Lon is little known among foreigners, most tourism services from hotels to restaurants are typically Vietnamese but the quality is good at reasonable prices. … [Read more...] about Alluring Co To island – a new draw in Quang Ninh province