Indonesia seeks measures to reduce domestic EV prices
Indonesia will be able to cut domestic prices of electric vehicles by up to 30% by manufacturing its own EV batteries, said Minister of Industry Agus Gumiwang Kartasasmita.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hanoi, HCMC in apartment price race
The average primary asking price of apartments in Hanoi has increased for 20 consecutive quarters to VND58 million ($2,363) per square meters, while in Ho Chi Minh City, apartments priced under VND2 billion ($81,000) per unit are no longer available.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Rising costs make cheap housing unfeasible: Phu Dong Group CEO
Major developer Phu Dong Group wants to implement more low-cost housing projects, but they have become unfeasible with rising land and construction costs, said CEO Ngo Quang Phuc.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel major Pomina to sell two mills for $272 mln to pay debts
Vietnamese steel firm Pomina plans to sell its Pomina 1 and Pomina 3 plants to a domestic investor for VND6.7 trillion ($271.7 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline, oil prices fall sharply before Tet
Gasoline prices fell VND790-900 (3.2-3.7 U.S. cents) per liter and that of oil products dropped VND290-340 (1.2-1.4 U.S. cents) per liter starting 3 p.m. Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
No massive improvements expected for real estate market in 2024
It is a common view among many real estate experts that challenges will remain for the realty market in 2024.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline, oil prices up for second time since year beginning
The prices of gasoline increased VND370-550 (1.5-2.2 U.S. cents) per liter and those of oil products rose VND200-490 (0.8-2 U.S. cents), starting 3 p.m. Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gasoline, oil prices down
Each liter of gasoline was cut by VND500-670 (2.3-2.8 U.S. cents), while oil products decreased by VND190-470 (0.78-1.9 U.S. cents), starting at 3 p.m. Thursday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Northern Vietnam solar power projects to enjoy higher selling prices
Solar power projects in northern Vietnam, where radiation levels are much lower, will enjoy higher selling prices than their counterparts in the central and southern regions.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ca Mau Fertilizer profit down 85% in Q1
The PetroVietnam Camau Fertilizer JSC (PVCFC) reported a profit of VND230 billion ($9.8 million) in the first quarter, a decrease of 85% year-on-year, marking its lowest quarterly profit in the past two years.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Rising goods prices over new year holiday drive up CPI in Jan
Vietnam's Consumer Price Index (CPI) in January rose 0.52% from the previous month and 4.89% year-on-year largely due to the increased price of goods and services over the Lunar New Year (Tet) holiday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Housing prices keep rising as supply remains low
Housing prices have continued to rise in Hanoi and Ho Chi Minh City over new supply shortages, despite diminishing market liquidity, according to leading brokerage firm SSI Securities.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Trungnam Group eyes green energy development in Ninh Thuan province
Energy - Update 2 day ago
Six dead as boiler explodes at southern Vietnam wood factory
Society - Update 1 day ago
Brewer giant Habeco posts biggest quarterly loss in 4 years
Companies - Update 2 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
