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
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Breakfast @ Tuoi Tre News – February 28
-- 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
Arousing the spirit of young volunteers
Youth Union members of Quang Tri province responding to the “anti-plastic waste” movement Soldiers of the armed forces of Ha Tinh province helping local people build the civil works Young volunteers in Dong Thap province providing free drinks to students at the national high school exam Youth union members of Yen Bai province inaugurating a road in Lao Chai village, Lao Chai commune, Mu Cang Chai district Translated by Chung Anh … [Read more...] about Arousing the spirit of young volunteers
Many Vietnamese firms could stop operations by late March as inputs run out
The Industry Department said enterprises in the automobile industry would start facing shortage of supply by the end of the first quarter, which is a serious matter as it is not easy to find alternative sources for China, South Korea and Japan, especially in terms of price and quick delivery. … [Read more...] about Many Vietnamese firms could stop operations by late March as inputs run out
