Mekong Delta Drought Wreaking Economic Havoc

Mekong Delta Drought Wreaking Economic Havoc

Vietnam’s Mekong Delta region is known as a famously productive agricultural area thanks to the rich nutrients carried downstream by the Mekong River. The delta produces enormous crops of rice and fruit every year, feeding tens of millions both in Vietnam and overseas. However, a historic ongoing drought, along with unprecedented saltwater intrusion, is causing […]

Vietnam’s Burgeoning Public Debt Overshadows 2015 Vietnam GDP Shine

Vietnam’s Burgeoning Public Debt Overshadows 2015 Vietnam GDP Shine

While many Southeast Asian economies are struggling with the impact of China’s continuing slowdown, Vietnam has bucked the trend and posted strong economic growth over the last year. In Q4 2015, Vietnam’s GDP expanded by seven per cent, the fastest rate in five years. For the full year, 2015 Vietnam GDP was 6.68 per cent, significantly […]

Motorcycling Through the Mekong Delta

Motorcycling Through the Mekong Delta

Located in Ho Chi Minh City’s backyard, the Mekong Delta is a popular day-trip destination for visitors swinging through southern Vietnam. These trips don’t offer more than a surface look at the region, quickly taking in a floating market or two, along with a stop at a coconut plantation, before returning to HCMC. Many expats […]

Vietnamese Women A Rising Consumer Segment

Vietnamese Women A Rising Consumer Segment

Women play a complex role in Vietnamese society. Although they’re highly valued and generally respected, their native country has long been paternalistic: time-honoured tradition dictates that men make money, while women manage the home. But at the rate Vietnam is now advancing, how long can those roles remain unchanged? The answer, evidence suggests, is: ‘Not very […]

Vietnam’s High-Tech Hub: More Than Just Silicon Dreams

Vietnam isn’t a country synonymous with advanced technology. Its most widely-known exports remain basic goods such as rice, fruit and textiles. However, several of the world’s biggest tech companies have major presences here, and ambitious plans are underway to turn Vietnam, and specifically Ho Chi Minh City (HCMC), into a high-tech hub. HCMC has something […]

Vietnam Work Permit Regulations to Ease From April 1

Vietnam Work Permit Regulations to Ease From April 1

The lack of opacity along with the bureaucratic red tape and hurdles needed to obtain a Vietnam work permit has long been one of the primary complaints of foreign companies operating in the country, as well a favourite gripe among expatriates working there. Multiple documents from an employees home country need to be translated, notorised, […]

Skyrocketing Car Ownership in Vietnam Not Without Problems

Skyrocketing Car Ownership in Vietnam Not Without Problems

Stop at a red light in Hanoi or Ho Chi Minh City (HCMC) and it’s hard not to notice a traffic pattern: cars backed up for blocks on narrow urban roads built when car ownership in Vietnam was a distant dream for most. While motorbikes still rule in Vietnam, thanks to rapid economic growth more […]

Despite Leadership Drama, Vietnam to Continue on Current Path

Despite Leadership Drama, Vietnam to Continue on Current Path

In single-party Communist Vietnam there is little in the way of political uncertainty. Decisions are made in committees behind closed doors and delivered to the public via state-controlled media, while the party portrays an image of calm, complete control. It was surprising, therefore, that the lead-up to the recently concluded 12th Party Congress featured a […]

Hanoi & HCMC Metros Struggling to Get on Track

Hanoi & HCMC Metros Struggling to Get on Track

Vietnam’s first metro systems are under construction in the rapidly expanding urban centres of Hanoi and Ho Chi Minh City (HCMC), where population growth has placed a severe strain on existing infrastructure. But can these fledgling mass transit systems – the country’s first – overcome the twin obstacles of spiralling costs and creeping delays to […]

HCMC Property Market Growing, Opening Up

HCMC Property Market Growing, Opening Up

Vietnam’s Ho Chi Minh City (HCMC) property market is responding well to increased investment with retail and residential markets fairing particularly well according to the latest HCMC Market Brief published by Savills Vietnam. HCMC retail space occupancy averaged 94 per cent in Q4_2015, a two per cent increase over the same quarter the previous year, […]