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Next month, Hanoi authorities are set to auction a two-hectare plot of land located in the city’s western region. The initial entry price has been established at VND1.06 trillion, or approximately US$40 million, which equates to VND52.9 million per square…
Despite steep rent discounts offered by landlords, numerous stores in prime retail locations in Hanoi are shutting down, unable to withstand the pressure from the burgeoning e-commerce industry. Last month, Thai Hoang, a 39-year-old retailer, abandoned his…
A vast counterfeit dietary supplement production operation has been exposed by authorities in a Hanoi industrial park, potentially impacting millions of consumers. The operation, allegedly run by Medistar Vietnam Company, is believed to have produced and…
In Hanoi, real estate speculators find themselves in difficulty as they attempt to sell apartments, even after dropping prices. The abundance of new, more affordable options coming into the market has caused homebuyers to hold off on purchases. Ngoc Huyen,…
Hanoi’s local government is currently deliberating a proposition to incentivize motorbike users to switch to electric models. According to the proposal, a subsidy of VND5 million (US$190) will be given to individuals opting to replace their gasoline…
In a show of high demand for affordable housing in Hanoi, individuals queued overnight during the past weekend to submit their applications for the social housing project, Calyx Residence. With the limited quantity of 466 apartments available in the…
The Gia Binh International Airport, currently under construction near Hanoi, is anticipated to cost around VND196.37 trillion (US$7.5 billion) due to recent upgrades. The airport, situated in Bac Ninh Province, 40 kilometers from Hanoi, is now projected to…
The inauguration of Okxe Vietnam’s inaugural branch in Hanoi, Yadea Okxe Tay Ho, marks a crucial stage in the expansion of the Okxe Station network. This move further reinforces the firm’s strategy to expand its electric vehicle sector, with the goal of…
Grab, the renowned ride-hailing company, has launched its electric car service in Hanoi, marking a significant entry into the predominantly electric taxi market, primarily controlled by Xanh SM. This move is a strategic approach by Grab to expand their…
In the bustling Khuong Dinh Ward of Hanoi, Thuy Ngan recently faced a tough decision: stay put or move. Her landlord had decided to raise the rent on her 20-square-meter apartment from VND3.8 million (US$144) to VND4.2 million, a 10% increase starting this…
Hanoi’s People’s Committee has unveiled an exciting initiative that aims to enhance accessibility for both residents and tourists during the upcoming National Day celebrations. Scheduled for September 2, the city is introducing a range of transportation…
Hanoi Metro’s post-tax profits surged to VND10 billion (approximately US$381,400) in the first half of 2025, a remarkable threefold increase compared to the same period last year. With revenues climbing by 50% to VND393 billion, the state-owned company…
This month, Hanoi’s government announced a bold initiative to ban fossil-fueled motorbikes from the city’s Ring Road 1, an area that encompasses much of the bustling downtown, with the prohibition set to take effect by mid-2026. However, the Motorbike…
Hanoi is not just the heart of Vietnam; it’s rapidly becoming a beacon for dental tourism in Asia. In recent years, the sector has exploded, drawing in over 100,000 foreign patients annually, with revenue soaring past US$150 million, according to Global…
The exciting development known as Trump International Hung Yen is set to transform over 990 hectares along the scenic Red River, encompassing seven communes in Khoai Chau District. This ambitious project will feature four distinct subzones, including a…
Hanoi plans to create 169,000 new jobs, reduce urban unemployment rate to below 3%, and increase the proportion of trained workers to 75% in 2025, its People’s Committee said. The city will implement policies and solutions to support the comprehensive…
