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South Korea to help Ho Chi Minh City study feasibility of Metro Line No. 5's second phase

The Korea International Cooperation Agency (KOICA) has confirmed its support for a feasibility study of the second phase of Ho Chi MInh City ’s Metro Line No 5, Vietnam News Agency reported.

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Ho Chi Minh City to develop hi-rise building along metro line

Ho Chi Minh City plans to stop construction of high-rise apartments in downtown and focus instead on building such residential complexes along the first metro route in the city.

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IFC invests in $75mln bonds of Vietnam-based property developer Phu My Hung

International Finance Corporation is subscribing to a $75-million bond issuance by Phu My Hung Development Corporation to help the company sustain its property development operations amid pandemic, the credit institution said.