In the best-case scenario, with economic activities resuming by September 15, the HCMC economy will only shrink by 0.85 percent this year, two universities have said. In the medium scenario with the ongoing Covid-19 wave being controlled by September 15 and the new normal condition being established in October

A desire to breathe fresh air and relax brings many people to satellite ecological urban areas teeming with trees and river to settle down, elevating growth prospects in these areas for real estate during and after the pandemic.

The acceleration of investment in transport infrastructure is the main driving force fueling real estate stocks as many businesses with large land plots located in areas near key infrastructure projects will benefit from this process.

Ho Chi Minh City authorities are drafting design and construction plans for urban areas along the first metro route, which is slated to become operational at the end of 2021, with the HCMC People’s Committee creating a team to study policies to exploit public lands along the line, which runs...