by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Economy, Ho Chi Minh, Infrastructure, News
In Ho Chi Minh City, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to property consultancy Savills Vietnam. The absorption rate was 39% in the third quarter, a 2%-point decrease from the second. Mid-priced...
by Teuvo Tuomi | Oct 7, 2024 | Vietnam, Business, Economy, News
Vietnam’s gross domestic product (GDP) increased by 7.4% during the 3rd quarter of this year despite damage caused by Typhoon Yagi, the General Statistics Office (GSO) reports. The industry, construction, and service sectors remain strong, with a growth rate of 9.1%...
by Teuvo Tuomi | Oct 6, 2024 | Vietnam, Reports, Tourism, Travel, Visas
There are now myriad ways you can enter and stay in Vietnam. These do, however, come at a cost. Vietnam visa fees are determined by the Ministry of Finance and are updated regularly through Circulars issued by the ministry. Vietnamese employers will usually cover the...
by Teuvo Tuomi | Oct 2, 2024 | Business, Finland, Investment, News, Vietnam
Finnish fund PYN Elite is heavily betting on Vietnamese banking stocks. The PYN Elite’s allocation to Vietnamese banks represents a strategic investment as local banks tend to have sector-specific rallies in cycles of a few years, the fund says. At the end of...
by Teuvo Tuomi | Oct 1, 2024 | Education, News, Reports, Vietnam
The number of international students coming to Vietnam for self-funded education is steadily rising, with the majority from Laos, Cambodia, China, South Korea, and Singapore. A study among 120 universities in Vietnam and over 30 experts found that international...
by Teuvo Tuomi | Sep 26, 2024 | Business, Digitalization, Innovation, Investment, Technology, Vietnam
SpaceX is proposing to invest 5 USD billion in Vietnam for the company’s Starlink satellite service soon, the Southeast Asian country’s government says. The statement came after a meeting in New York between Vietnamese President To Lam and Tim Hughes,...