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    Ho Chi Minh Real Estate Prices Rise

    Aug. 18 – During the first two weeks of August, real estate prices increased in Ho Chi Minh City.

    Apartments and land located on District 2’s main roads increased by VND1 million to VND2.5 million per square meter while prices on on Tran Nao and Luong Dinh Cua streets are now worth VND60 million to VND80 million per square meter.

    In the Van Do Building, apartments are priced at more than VND20 million per square meter while those in the H3 Building on Hoang Dieu street are being sold at VND28 million to VND30 million per square meter.

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    HCMC Shipping Companies to Charge Extra Fees on Exports

    HO CHI MINH CITY, Aug.8 – Shipping lines based in Ho Chi Minh City will start charging additional fees on backlog freight, ranging from US$50 to US$100 per ton due to delays at ports.

    Recently, Japanese company Mitsui O.S.K Lines announced that it would charge an extra fee on exports shipped from Vietnam to the US and Canada beginning September 1.

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    Yahoo! Vietnam Accused of Violating Content Laws

    Aug. 1 – Yahoo! Vietnam has been accused by the Vietnam Software Association (Vinasa) of breaking digital content supply laws.

    Vinasa says Yahoo! Vietnam had not obtained permission for its news website, www.yahoo.com.vn and is operating it illegally in the country.

    It went on to say that Yahoo's activities were competing with domestic IT and game companies. The company has been providing web services of Vietnamese versions of Yahoo!Messenger, Yahoo!Answers and Yahoo!Mail without Online Services Provider permission from the government.

    The company is licensed to operate in the country only as a representative office and is not allowed to engage in direct trading activities.

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