Decreasing demand for apartments in the region is also forecast to continue through at least the middle of the year. But it may begin to gradually rise by the last quarter of 2023 as legal bottlenecks and obstacles to credit are slated to be at least partially removed by the government, according to DKRA real estate consultants. DKRA Vietnam deputy R&D director Vo Hong Thang said apartment market liquidity, this year, would concentrate in affordable housing projects with prices of below VND50 million ($2,118) per square meter in HCMC and less than VND35 million per square meter in Binh Duong. Such social housing projects promise to be a ray of light in the otherwise gloomy 2023 market, he said, while adding the caveat that supply would still be limited. According to Thang, businesses are gradually supplying fewer high-priced homes and more affordable apartments and social housing units this year. He said this trend may last until 2025, with new supply focusing on the city’s … [Read more...] about Apartment market to continue slumping this year
See the northern lights tonight
Ailing woman seeks help for children facing leukaemia
An ailing woman in the northern province of Bac Giang is calling for community support to save her two children who are both struggling with leukaemia. Ngo Thi Nga, 32, from Lang Giang District’s Tien Luc Commune has been living with thyroid cancer. However, she has suspended her treatment for many months due to the family’s financial difficulties. According to Nga, in 2014, her eldest daughter Nguyen Thuy Ngan faced consecutive high fevers. After being taken to a hospital in Hanoi, she was diagnosed with leukaemia. Nga and her children Ngan fainted in her class several times and then had to suspend her studies for treatment. In 2016, her second child Nguyen Trong Khanh, three years old, faced the same symptoms as Ngan and was also diagnosed with leukaemia. Nga burst into tears after receiving the news from doctors. After giving birth to the third child Nguyen Trong Khoi in 2020, Nga felt tired and had fevers. Doctors said that she had developed thyroid … [Read more...] about Ailing woman seeks help for children facing leukaemia
15-year-old Vietnamese girl dies after drinking alcohol at Tet party
A grade-9 schoolgirl in Yen Bai Province, northern Vietnam has succumbed to her critical condition after drinking liquor at a party during the past Tet (Lunar New Year) holiday, local authorities reported on Saturday. The girl, identified only as M., died on Thursday, the last day of the seven-day Tet break, after she attended a drinking party at her friend’s house two days earlier in Ban Cong Commune of the province’s Tram Tau District. As the party was taking place, M. stepped out of the house and then fell down, Hang A Hanh, deputy chairman of the Ban Cong administration, told Tuoi Tre (Youth) newspaper. The girl was unconscious when being found by her friends and was taken to a local hospital immediately for emergency treatment, but she died two days later at the age of 15, Hanh said. Local police are investigating the actual cause of the death, the official said. “M. drank alcohol at the party, and police officers are probing how much alcohol she had drunk,” Hanh … [Read more...] about 15-year-old Vietnamese girl dies after drinking alcohol at Tet party