Hedonic price indices for the paris housing market

Masan's workers on a fish sauce production line. MSN stocks hit ceiling prices on Tuesday. — Photo kinhtedothi.vn Benchmark indices were riding high on Tuesday as optimistic sentiment lifted stocks across the board. The market’s breadth was skewed in favour of bulls with advancers outnumbering decliners by 806 to 133. On the Ho Chi Minh Stock Exchange (HoSE), the benchmark VN-Index surged by 56.42 points, or 4.81 per cent, to reach 1,228.37 points. The market’s liquidity was lower than the previous session with 543 million of stocks traded on the southern bourse, equivalent to around VND13.3 trillion (US$575 million). According to analysts, many holders revoked their selling orders amid strong buying forces, leading to tight supply and soaring prices. Notably, the 30 biggest stock tracker VN30-Index gained 64.47 points, or 5.31 per cent, to end at 1,279.55 points. In the basket, 17 stocks climbed and 13 hit ceiling prices. “VN-Index saw a lot of red on the screen in … [Read more...] about Market riding high thanks to tight supply

A bank employee counting a pile of Vietnamese banknotes at Vietcombank’s branch. The bank’s shares rebounded strongly on Monday, cushioning the market’s losses. — Photo kinhtedothi.vn Benchmark indices were mixed on Monday as rising selling pressure in the afternoon session weighed on the market’s sentiment. The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) reversed the morning course to fall further on Monday. It dropped 10.82 points, or 0.91 per cent, to 1,171.95 points. It recovered some losses in the morning trade on bottom-fishing demand. Last week, the index had lost more than 11 per cent due to strong sell-off activities. The market’s breadth was still positive as 232 stocks climbed, while 224 stocks declined. Liquidity decreased sharply over the last trading day, with nearly 584.4 million shares traded on the southern bourse, worth VND14.6 trillion (US$631.3 million). The index extended the downtrend as the rising selling force outweighed the … [Read more...] about Market mixed on persistent strong selling force

It was recorded on May 16 that at a fast food shop on Hai Ba Trung Street, District 3, the price of banh mi with ham was adjusted from VND20,000 per loaf to VND25,000 per loaf; Vietnamese pork bologna and Vietnamese rice pyramid dumplings also had new prices. The sellers said that the prices of Vietnamese pork bologna, baguette, and herbs all went up, so they were forced to raise the selling price. Although the selling price is increased, it is only to compensate for the slippage, not to make a profit. At a store in Tan Chanh Hiep Ward in District 12, specializing in selling fried Vietnamese pork bologna and Vietnamese square Northern sticky rice cakes, the prices rose by VND5,000-VND10,000 per item. For example, a one-kilogram Vietnamese square sticky rice cake costs VND80,000, an increase of VND5,000; Vietnamese pork bologna and grilled cinnamon pork paste fetch VND230,000-VND240,000 per kg, up VND10,000 per kg. Moreover, the home delivery fee is also higher than before, from … [Read more...] about Consumer goods increase continuously, supermarkets pledge to stabilize prices

MUMBAI -- India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies "to meet their food security needs". The move to ban overseas shipments was not in perpetuity and could be revised, senior government officials told a press conference. Global buyers were banking on supplies from the world's second-biggest wheat producer after exports from the Black Sea region plunged following Russia's Feb. 24 attack on Ukraine. Before the ban, India had aimed to ship a record 10 million tonnes this year. The officials added that there was no dramatic fall in wheat output this year, but unregulated exports had led to a rise in local prices. "We don't want wheat trade to happen in an unregulated manner or hoarding to happen," commerce … [Read more...] about India bans wheat exports as heat wave hurts crop, domestic prices soar

Australia posted its lowest jobless rate in 48 years Thursday, a potential boost two days before federal elections to Prime Minister Scott Morrison, who is fighting to stay in power. The unemployment rate dipped to 3.85 percent in April, the official statistics body said, the lowest level since 1974 -- when flared trousers were in fashion and US president Richard Nixon resigned over the Watergate scandal. Australia's economy created an additional 92,400 full-time jobs in the month, the Australian Bureau of Statistics said. That helped to trim April's seasonally adjusted unemployment rate from 3.93 percent the previous month. Many employers say they are struggling to find staff in the tight jobs market. "We're definitely still feeling staff shortages," said Matt Jenkins, human resources manager at Sydney restaurant group Applejack Hospitality. "I know for chefs, they can have multiple job offers at a time. And even candidates that we're speaking to, they're sitting on offers … [Read more...] about Australia reports 48-year-low jobless rate before election

Le Thi Bao Tran, a young white-collar worker in Ho Chi Minh City, has spent the past eight years moving between rented rooms, doing her best to save up enough money to purchase a home of her own. Like other young, white-collar workers who have moved to Ho Chi Minh City to pursue their careers, Tran hopes to eventually purchase a home in the city, but the rising cost of real estate has kept that dream out of reach. A lifelong dream Tran spent her college years moving between rental apartments in Binh Thanh District. At one point, she shared a tiny 10-square-meter apartment with a friend for just VND1.1 million ($47) per month, including utilities. During the dry season, the apartment would heat up like an oven, and the putrid smell from a nearby garbage dump would waft through the windows. "If you closed the door, you could hardly breathe. If you opened the door, you still couldn’t breathe because of the horrible smell," she shared. Things were not much better in the … [Read more...] about Young Vietnamese turn to mortgages, installment plans to secure dream homes

Dragon fruit is one of the key crops of Long An Province. — Photo baolongan.vn Demand for Vietnamese dragon fruit in foreign markets is increasing, with many importers interested in high-quality fruit from Viet Nam. The Viet Nam Trade Promotion Agency, the Department of Industry and Trade of Long An Province, and the trade offices of the Vietnamese Embassies in New Zealand and Australia jointly organised a consulting session on exporting dragon fruits to Australia and New Zealand in the southern province of Long An last week. Speaking at the event opening, the Vietnamese Ambassador to New Zealand, Nguyen Van Trung, emphasised the importance of promoting agricultural co-operation, agricultural product trade and market opening for the strategic partnership between Viet Nam and New Zealand. Viet Nam wants New Zealand to share its experience and support Viet Nam in building an international brand and value chain for the global commercialisation of dragon fruit, following the … [Read more...] about Promoting dragon fruit exports to Australia, New Zealand

As one of the 12 destinations chosen to host the 31st Southeast Asian (SEA) Games, Hanoi will provide tourists with great experiences thanks to its rich culture and delicacies. The 31st SEA Games take place in the Vietnamese capital and 11 neighboring provinces and cities from May 12 to 23. Since the city hosts several sports, such as diving, swimming, e-sports, wushu, bowling, shooting, archery, and more, people have come there in droves this month. Here are the best choices while visiting Hanoi: Hoan Kiem Lake Hoan Kiem Lake is the most well-known tourist attraction in Hanoi, and it is a must-see for all visitors. The lake is tied with the legends of Kim Qui (the Golden Turtle God) and Le Loi, Vietnam's emperor and the founder of the Later Le Dynasty (1428-1789). According to mythology, Le Loi used a magical sword Kim Qui provided for him to fight the invading Chinese forces. The Turtle Tower in the middle of Hoan Kiem Lake, Hanoi, Vietnam. Photo: Nguyen … [Read more...] about Hanoi attractions and cuisine not to be missed during 31st SEA Games

Workers during a shift at an animal feed factory in northern Ninh Binh Province. — VNA/VNS Photo Thong Nhat While Viet Nam's economic recovery was gaining momentum, the Government must pay more attention to "inflation and heightened risks of weaker global demand and supply disruptions to economic prospects", said a World Bank report on the South East Asian economy for May. Major disruptions to look out for include the uncertainty due to the ongoing Russia-Ukraine conflict and supply issues caused by lockdowns in China. The report said if higher inflation persists in the medium term, the economy should be allowed to adjust to higher prices with the authorities incentivising investments to increase productivity and aggregate supply. To mitigate risks to export performance, diversifying trade partners would be a prudent strategic consideration. During the month of April, the country's industrial production index grew by 9.4 per cent, comparable to the pre-pandemic level. … [Read more...] about WB warns of heightened risks looming

Your browser does not support the audio element. I confess I’m a soup lover, yet another reason for Vietnam to be at the top of my list of foodie destinations since there is no shortage of options day or night. The beauty is although the common Vietnamese soups share the same name and unique place of origin, the ingredients and preparation are different depending on local tastes in each region as well as what’s readily available and fresh. Da Lat is a destination that’s on nearly everyone’s list and the city features unique and delicious food, but, like anywhere, the best hideaways aren’t always easy to find. These places aren’t found in foodie blogs nor in tourist magazines – their success is strictly based on word-of-mouth. They’re makeshift, worn and old, a couple don’t even have addresses, and popular among locals but otherwise not well known. After lengthy searches and comparisons they are the best I’ve found at what they serve. Mi Quang Da Lat Style As most people … [Read more...] about Three great street soups in Da Lat