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Vietnam: Housing prices unaffordable for most buyers

Many home buyers are disappointed as house prices have been escalating far beyond their financial capability. In 2019, after reading an ad about a project in Linh Dam, Do Van Hai from Hung Yen province decided that he would buy an apartment there. With VND1.5 billion, he believed that a two-bedroom apartment was within reach. […]

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Vietnam: Economy bounces back faster than expected

Vietnam’s economy continued to expand in the second quarter of the year, with gross domestic product (GDP) growing 7.7% year on year, the highest quarterly growth rate in 11 years. Upbeat performance HSBC in its recent report, “Vietnam at a glance”, attributed the high growth rate to the tailwind of strong broad-based recovery across sectors. […]

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