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On streets once considered golden land
for business such as Tay Son, Ton Duc 

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Thang, Pham Ngoc Thach, Hanoi, 

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more and more signs are appearing for
leasing premises, transferring or 

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clearing goods to return premises. 

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Recorded at a clothing store on Pham
Ngoc Thach street, Kim Lien ward, Hanoi, 

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although the premises have only been
rented for about a month, the store 

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owner has had to hang signs and
clear goods to quickly return the premises. 

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Store staff said that although the
street is always crowded, the profit 

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from shopping is very small. 

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revenue is not enough to cover site
lease costs and operating expenses. 

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I sell out this month so I can return
the deposit, I can come back here. 

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Currently, by the end of this month,
my child will move. 

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It's like the number of customers has
decreased a lot, sister. 

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Selling it doesn't make much profit,
just enough for the store. 

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Continuing to record on Ton Duc Thang
street, many sections of the road have 

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become more deserted than before, it is
not difficult to see rows of houses on 

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the street with 4-5 adjacent stores hanging signs for rent. 

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Contacting some phone numbers for
renting premises of more than 300m2 on 

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this street, the homeowner said that the
current rental price has decreased by 

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about 20% compared to before, but so far
there have been no tenants. 

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One slip of yours is
306 meters, 180 million. 

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In a month, it's Ms. 2's trouble, before
she rented it for 220 million. 

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5 years, you also agreed to rent it out. 

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They used to hire for 60 million, they
still wanted to sell 

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But this year it's sluggish, I don't
want to sell anything. 

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And at that level, people wouldn't be
very guilty either. 

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So people have to reduce space 

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This ground is very beautiful here. 

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And in the end, there was land
clearance, but no one asked. 

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People also reduce it, reduced to
almost 30-40% 

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From 60 million now down to
40 million no one hires 

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Then from 50 million people it also
decreased to 30 million, 35 million 

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But no one hires, whoever
asks, whoever doesn't ask 

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The reality is that many business
premises are continuously returned, 

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along with the fact that rents have
decreased but it is still difficult to find customers, 

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showing that the land rental market on
many central streets of Hanoi has not 

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shown clear signs of recovery.