Property firms profit despite discounts
Although the price of apartments in Viet Nam continues to fall as developers try to stay afloat, many of them remain profitable.

Although the price of apartments in Viet Nam continues to fall as developers try to stay afloat, many of them remain profitable.
The ceramic tiles industry has built up a huge amount of surplus stock due to domestic economic difficulties and competition with Chinese products, according to the Viet Nam Building Ceramic Association (VIBCA).
The municipal People's Committee has answered high-rise tenants' pleas and set a ceiling price for service charges.
Nguyen Ngoc Anh and his associate Pham Duy Linh from Can Tho University have invented a system that uses sunlight to desalinate water, and successfully tested it in a house in the Mekong Delta province of Ben Tre .
Land prices on the outskirts of the capital city have dropped sharply and transactions have cooled down, a development that has worried investors but been welcomed by experts who consider it a good sign as land prices approach real market value.
Real estate in Ha Noi's outlying westside will continue to attract development due to improved infrastructure, said Century Group deputy director Pham Thanh Hung, noting that better road systems in the area, including the new Thang Long and Le Van Luong highways, have already contributed to 30-40 per cent increases in property values.
Property developers remain optimistic and are focusing on the medium – and low-cost housing segments though demand has yet to recover from a prolonged slump.
Property developers remain optimistic and are focusing on the medium – and low-cost housing segments though demand has yet to recover from a prolonged slump.
As many as 125 households and organisations in downtown HCM City must move to make way for the construction of the Ben Thanh Towers project, which begins in October.
Southern Binh Duong Province is experiencing a rapid economic growth along with a surge in activity in the residential property segment.
HCM City — An extravagance bus service between HCM City and Phnom Penh has began in HCM City like a private-public co-operation effort to possess more Vietnamese vacationers visit Cambodia.The service was released on Friday through the Cambodian Tourism Ministry and NagaWorld Group."This really is yet another effort to bolster the great relationship between Viet Nam and Cambodia in tourism sector," stated Thong Khon, Cambodia's Tourism Minister.By opening an agent office in HCM City along with a number of
by Hoai Nam Rooted in character: Wildlife viewers and outdoorsmen could be satisfied with a half-day tour within the Boy Tra Reserve. — VNA/VNS Photo Van Boy