Apartment rents in Vietnam's Ho Chi Minh City surge amid falling supply

HANOI, June 18 (Xinhua) -- Apartment rents in most districts of Vietnam's southern economic hub Ho Chi Minh City have surged by up to 28 percent since last year while new supply fell to a 15-year low, local media reported Tuesday.

Only 500 apartments were put up for sale in the city in the first quarter, the lowest number in the past 15 years and a 17 percent decrease from the same period last year, Vietnam News