Urbanization

A 2016 survey by market research firm TNS found a vast majority of people preparing to increase their spending during the Tet season. It estimated their average spending at VND14.2 million ($611.6), which is an enormous sum for people who barely make ends meet. … [Read more...] about Tet pressures not worth it, say migrants who stay back

Hanoi (VNA) – Expanding external relations has helped many localities across the country mobilise resources and assistance for their development. So far, localities nationwide have signed 232 international agreements and mobilised over 270 million USD worth of foreign non-governmental aid. The southern economic hub of Ho Chi Minh City, for example, has expanded international friendship and cooperation with 11 agreements signed in 2019, raising the total number of foreign localities having cooperative ties with the city to 53, according to Director of the municipal Department of External Relations Le Quang Long. In the year, the city attracted 8 billion USD in foreign direct investment (FDI), he added. Meanwhile, the central coastal city of Da Nang lured over 3.5 billion USD in FDI over the past 20 years and had relations with over 20 countries and territories worldwide. The city has carried out a number of effective cooperation programmes with Lao partners as well as signed … [Read more...] about External relations mobilise resources for localities’ development

Hanoi (VNA) – The Vietnamese real estate market at all segments continues showing its appeal to foreign investors, and hundreds of millions of USD are waiting to be poured into the market, according to a research conducted by property and investment management services firm Jones Lang LaSalle (JLL). Particularly, investors from Japan, the Republic of Korea, Singapore, and an increasing number of investors from China, are showing their interest in the affordable housing segment in the Southeast Asian country. JLL’s recent figures revealed that the total supply of apartments in Ho Chi Minh City and Hanoi reached 201,707 and 224,179 units, respectively, as of the end of Quarter 4 in 2019, equal to a rate of 17 apartments per 1,000 people. As the rate is really low, the focus should be channeled into the mass housing market where there is real demand. In the next two decades, Vietnam will enter the demographic golden period with 25 percent of the population aged between 10 … [Read more...] about Hundreds of millions of USD await to enter Vietnam’s realty market

The dish is topped with fatty onion and crushed peanuts. Some stalls add spring rolls (cha gio) and fish cakes (cha ca) to the dish. Every element comes together when eaten with sweet and sour fish sauce. It can be dipped into the sauce or the sauce can be added to the dish. … [Read more...] about Chau Doc Town’s 6 distinctive dishes

Director wants better conditions for TV series production Vietnamese television series are flourishing on the small screen, with Về Nhà Đi Con (Come Home, My Dear), Quỳnh Búp Bê (Quỳnh the Doll) and Cả Một Đời Ân Oán (Life of Love and Feud) all huge hits. … [Read more...] about New TV shows on women and family values air during Tet