"This has made the land market hot with soaring prices, especially in some outlying rural districts which are seeing fast urbanisation including Thach That, Hoai Duc, and Dong Anh," Dinh said. "Some areas in these districts saw land prices increasing by 50% against the prices of 2019 to VND25-VND30 million (USD1,087-USD1,304) per square metre." Explaining the sharp rise in land prices, Do Thu Hang, senior director of advisory services at Savills Hanoi said that instead of getting commissions from owners, many dealers are charging higher prices than set by owners. "I know a man who paid VND1 billion (USD43,478) to a dealer to buy a land lot in Dong Anh District," Hang explained. "However, the price set by the owner was only VND650 million (USD28,260)." The expert stressed that this is a common situation now which has inflated the land prices in Hanoi. Higher supply but no price fall in Hanoi and Ho Chi Minh City this year The Vietnam Association of Realtors's report estimates that … [Read more...] about Housing prices more stable in Hanoi and HCM City in 2021
Hotel hcm city
HCM City opens Japanese-standard dialysis centre
HCM City (VNA) – A dialysis centre meeting Japanese standards in Ho Chi Minh City was put into operation at the local Nguyen Tri Phuong hospital on January 20. The establishment is an outcome of cooperation between the hospital and Nipro Corporation, a Japanese medical equipment manufacturing conglomerate. As the centre employs dialysis membranes that can be reused, it offers high quality treatment at more affordable prices. According to Director of the hospital Vo Duc Chien, it has already run a high-quality dialysis centre since 2016 to serve demand from locals and foreign experts. However, the treatment cost is high compared to local incomes due to the use of single-use membranes. Capable of serving about 100 patients a week, the new centre is expected to ease treatment pressures for the hospital’s dialysis department, which is currently treating 250 cases a week but still falling short of demand. At the opening ceremony, Vice Chairman of the … [Read more...] about HCM City opens Japanese-standard dialysis centre
Public investment to focus on key projects to create impetus for economic growth
Phương said that the Law on Public Investment No 39/2019/QH14 which took effect from the beginning of this year would help tighten management of the entire process of public investment. In addition, the decentralisation of management would also be enhanced together with increasing accountabilities for higher efficiency of public investment. … [Read more...] about Public investment to focus on key projects to create impetus for economic growth
VIETNAM BUSINESS NEWS JANUARY 20
At Trang Airport, there have been quite small numbers of passengers. However, strict COVID-19 prevention measures have still been in place. The Trang Airport Director said the new wave of COVID-19 infections has led many provinces to control passenger numbers in and out of the region, and people are asked to refrain from traveling between provinces. As a result, the number of passengers using Trang airport has decreased. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
Firms seek support from VN diplomats abroad
Nguyễn Văn Tuấn from the Việt Nam Cotton and Spinning Association said the country’s garment and textile products were exported mainly to the US, EU, Japan, and South Korea, with sales to other markets being modest. … [Read more...] about Firms seek support from VN diplomats abroad