Tuesday , December 24 2024

Business

Business

HCMC shophouses on the shelf

HCMC shophouses on the shelf

Shophouses are no longer lucrative in HCMC because of high costs but low rental demand, which has dragged rents down, and so have few buyers. Phuong of District 3 said in 2020 he had bought a shophouse in an urban area on Song Hanh Street, District 2, for VND15 billion …

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Longer nightlife hours boost Thai tourism revenues

Thailand’s tourism revenues jumped by 44% year-on-year, and some attribute it to the extended operating hours of bars and nightclubs. Tourists at a pub on Soi Cowboy street in Bangkok, Thailand. Photo by AFP According to the Tourism Authority of Thailand Governor Thapanee Kiatphaibool, in December, Thailand saw a 44% …

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Townhouse prices fall across Vietnam

Townhouse prices fall across Vietnam

Townhouse prices declined by 10-14% across the country last year, according to the Ministry of Construction. At a press conference held on Friday the ministry’s Institute of Construction Economics published its report findings that show prices fell most notably in Da Nang (13%), HCMC (12%), Khanh Hoa Province (12.3%), and …

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