VnExpress News The News Gateway of Vietnam

For the first time in 10 years no beachfront shophouses, villas and condotels were sold in the first two months of the year, property service provider DKRA Vietnam said. Some developers offered discounts of 30-40% for shophouses but yet found no buyers amid the difficult economic situation and drying up …

Vietnamese dragon fruit is at risk of oversupply, while durian prices will likely plummet as China, the local fruits’ largest importer, continues growing an increasing amount of the two trees. Durian sold in a store in HCMC. Photo by VnExpress/ Hong Chau Late last month, China announced its dragon fruit …

Vietnam’s central bank said on Tuesday it is cutting several policy rates, its first cut since late 2020, to increase liquidity and support economic growth, which the country is targeting at 6.5% this year. The annual rediscount rate, overnight electronic interbank rate, and interest rate for loans to offset capital …