HCMC News

HCMC Climbs to 98th in Global Financial Rankings, Nearing Southeast Asian Peers

Ho Chi Minh City climbs seven places to 98th in the global financial center rankings, edging closer to Southeast Asian peers like Bangkok and Jakarta. With plans to develop an inte...

HCMC Implements Strict Regulations on Short-Term Apartment Rentals, Impacting Airbnb Hosts

Ho Chi Minh City enforces new regulations restricting short-term apartment rentals to licensed tourism businesses, aiming to address community tensions and legal oversight challeng...

Housing Affordability Crisis in HCMC: Families Struggle to Buy Half a Home

A study by the HCMC Institute for Development Studies highlights the growing housing affordability crisis in Ho Chi Minh City, with families only able to afford half the price of d...

Desperate Buyers in HCMC Struggle to Find Affordable Apartments

Dang Trung and his wife have been searching for a two-bedroom apartment priced under VND3 billion for the past four months, but their efforts have been in vain. The cheapest option...