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Reasons for an Extended Exploration of District 7
Reasons for an Extended Exploration of District 7

Hangul script adorns the entrances to a variety of restaurants, coffee shops, apartments and stores, while the calm streets feature a mingle of Vietnamese, English and Korean conversations. Strolling through Phu My Hung in District 7 exposes visitors to a unique side of Saigon one doesn’t encounter elsewhere in the city.

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Ben Thanh underground trade center to be built in Ho Chi Minh City
Ben Thanh underground trade center to be built in Ho Chi Minh City

The joint venture of Toshin Development Co., Ltd., JOIN, Nikken Sekkei, and Osaka Chikagai was put forward by Ho Chi Minh City People's Committee to become the developer of Ben Thanh underground trade centre.

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Rising demands for realty with long-term ownership
Rising demands for realty with long-term ownership

Local demand for real estate products with long-term ownership exceeds supply as most of Vietnamese people prefer this kind of deal, experts said during a recent conference.

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How Brazil and Vietnam are tightening their grip on the world's coffee
How Brazil and Vietnam are tightening their grip on the world's coffee

A towering machine rumbles through the fields of Julio Rinco’s farm in the Brazilian state of Sao Paulo, engulfing whole coffee trees and shaking free beans that are collected by conveyor belts in its depths.

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Vietnam’s new social app Lotus aims to raise $51.6m to take on Facebook
Vietnam’s new social app Lotus aims to raise $51.6m to take on Facebook

Vietnam is all set to welcome another homegrown social network platform called Lotus, developed by media group VCCorp, which is aiming to raise as much as 1.2-trillion-dong ($51.6 million).

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HCM City authorities admit to big housing shortage
HCM City authorities admit to big housing shortage

According to the HCM City Real Estate Association, the city needs to build more apartments to mitigate the housing shortage.

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City real estate in need of jumpstart
City real estate in need of jumpstart

Hundreds of real estate projects in Ho Chi Minh City have been suspended over the last two years, with many reasons being flouted for delays. The city’s People’s Committee has since been making efforts to break the cycle of stagnation in an attempt to generate a steady supply of condominium ventures into the market. Bich Ngoc reports.

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Apartment buildings to have co-holders of maintenance fund
Apartment buildings to have co-holders of maintenance fund

The Ministry of Construction’s latest draft regulations on apartment building management and use stipulates that there should be three to five co-holders of the apartment maintenance fund.

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