Read what’s in the news today, March 10!

Society

-- Experts have warned of hiking real estate prices in recent years in Vietnam, with the price of high-end condominiums having surged by 67 percent over the past five years due to a wide gap between demand and supply.

-- Two cars, including an Audi, were damaged with no casualties in downtown Ho Chi Minh City on Friday evening as a scaffold collapsed onto the ground in strong winds that accompanied the first unseasonal rain of the year.

-- A driver who protested unreasonable fees at a toll station in southern Vietnam’s Can Tho City by intentionally stopping to cause traffic congestion has been slapped with an administrative fine, the first ever issued since new regulations were put in place nationwide in January to prevent such protests.

Business

-- Millions of Vietnamese are expected to get out of poverty as the country’s gross domestic product (GDP) is forecast to be raised by up to 3.5 percent after joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), an 11-country free trade agreement signed in Chile on Thursday.

-- A topping out ceremony was held on Friday for the Landmark 81 skyscraper in Ho Chi Minh City, which will be the tallest building in Vietnam upon its completion at 397 meters.

-- Following a batch of more than 1,000 Honda cars imported into Vietnam earlier this month in the first shipment of tax-free automobiles since new tariffs took effect in January, 43 luxury cars from Sweden have also arrived in what experts assert to be a herald of an exciting year for the auto market in the Southeast Asian country.

Education

-- Over 500 school teachers in a district of Dak Lak Province in the Central Highlands region of Vietnam have lost their job after the local administration made a surprising announcement on Friday that it had employed more than its payroll could afford.

Lifestyle

-- A new exhibition was launched on Friday at the Independence Palace in Ho Chi Minh City, showcasing the building’s history of development from its construction in 1868 until 1966 through over 800 artifacts and materials collected over three years by local and international experts.

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