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#HCMC

Every story tagged #HCMC on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

70 stories in this topic

artists impression of capitalands first grade a office development in hcmc1
Real Estate
2 min read

HCMC office rents soar to five-year high

High-rise buildings in downtown HCMC have seen monthly rents rocket to $70 per square meter, the highest in five years. A report on the Ho Chi Minh City office market in the third quarter of 2018 said the main reason for rising prices is that office supply is…

HCMC hotel
Real Estate
2 min read

Foreigners big investors in Hanoi, HCMC 5-star hotels

More than half of five-star hotels in HCMC and Hanoi are owned by foreign investors. Ten out of 19 five-star hotels in the best locations in HCMC have foreign owners, according to data. They include Sheraton, Caravelle, InterContinental, Asiana Saigon, and…

uber logo 071615
Living
1 min read

Uber withdraws lawsuit against HCMC tax man

Ride-hailing firm Uber has withdrawn its lawsuit over HCMC’s demand for $2.3 million in back taxes and fines. A tax department official said Friday that the HCMC People’s Court has suspended the case in which the Netherlands-based Uber B.V. had sued the…

hanoi
Real Estate
3 min read

Short-term leasing could be a long-term trend in Hanoi, HCMC

Thanh’s apartments in Ho Chi Minh City have been behaving like hotels for more than a year now. Individuals and groups of tourists stay at his serviced apartments for a few days before they leave for another destination in the country, and the apartment is…

us mart 1024x768
Living
1 min read

US Mart opens second HCMC store

Quality imported grocery retail pioneer US Mart has opened its second store in HCMC – and is ready, preparing for its third. After three successful years in the city, US Mart has opened a second store in District 7. The new store is located at 169 Nguyen Huu…

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Telecom
1 min read

New Zealand opens technology center in Vietnam

New Zealand has opened a new technology center at Quang Tring Software City in Ho Chi Minh City. The Kiwi Technology Center is envisioned to be a hub for New Zealand tech companies investing and doing business in Vietnam and the ASEAN region. The first…