Unexpected rental price at Ham Thang building
The Office of the Hanoi People's Committee has just issued a document announcing the conclusion of Vice Chairman of the Hanoi People's Committee Duong Duc Tuan at the meeting to consider the design and renovation plan for Dong Kinh - Nghia Thuc Square, Hoan Kiem District.
Regarding the content of the research on ideas and solutions, the Vice Chairman of the City People's Committee approved the proposed plan to demolish the Shark Ham building, propose underground space in the existing square area and expansion space (after demolishing the Shark Ham building).
Regarding underground space, research about 3 basements (cultural and commercial space should be arranged in basement 1, parking area in basements 2, 3). In case there is no parking arrangement, it can be used as a dual-use space. Note the arrangement of the canteen corner (on Dinh Tien Hoang Street and Dong Kinh - Nghia Thuc Square) reasonably, in accordance with standards, design standards...
According to Lao Dong, this 6-storey building is currently being rented to the brands Aldo, HaNoi 1930 Bistro, Highlands Coffee, Vua cha ca, Laika cafe.
With the prime location facing Dong Kinh Nghia Thuc Square, the left facing Hoan Kiem Lake, the rental price of premises at Ham Thang Sharm building is currently among the most expensive in Hoan Kiem District.
According to information on some real estate trading and rental sites, in 2023, the rental price per m2 at Ham Thang Hoa is about 3.1 million VND/m2/month. Thus, if renting a premises with an area of 75m2, customers will have to spend about 230 million VND/month, nearly 2.8 billion VND/year. See more...
Yen skyrockets
On March 7, the Japanese Yen (JPY) continued to increase against the US Dollar (USD), keeping the USD/JPY pair near its lowest level since the beginning of October.
The main reason is that the market expects the Bank of Japan (BoJ) to continue raising interest rates. This has increased the yield on Japanese government bonds (JGB), narrowing the interest rate gap between Japan and other countries, thereby making the Yen stronger.
In addition, uncertainty over former President Donald Trump's trade policy and its impacts on the global economy has cautiously made investor sentiment. See more...
Sweet and delicious gifts, sold out during the 8.3 holiday
Stock market liquidity revives
According to data from the Vietnam Securities Depository Center (VSD), the number of domestic investor accounts increased by nearly 150,000 accounts in February 2025, a sharp increase compared to the first month of the year and the highest level in 4 months.
New accounts opened in February mainly came from individual investors, while the organization only had 61 additional accounts. As of the end of February, domestic individual investors have a total of nearly 9.5 million accounts, equivalent to about 9.5% of the population, completing the target ahead of schedule for 2025 and aiming for 11 million accounts by 2030.
Newly opened accounts increased sharply in the context of improved investor sentiment. Market liquidity continued to increase, the average value of matched orders on HoSE in February reached more than VND14,000 billion, one and a half times higher than the first month of the year. The trend continued to be maintained in the first days of March with 4 consecutive sessions with a total trading value exceeding VND20,000 billion. See more...
