Tuesday , March 19 2024

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Business

Global gold demand surges to record-high

Global gold demand surges to record-high

Geopolitical tensions and the weakened state of the Chinese economy drove global gold demand to reach record levels last year, as reported by the World Gold Council (WGC). The total gold demand reached an unprecedented 4,899 tons in 2023, marking a 3% increase of 158 tons compared to 2022, according …

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Tết favourites on display at HCM City fair

  The “Tết Xanh – Quà Việt 2024”  fair being held at 135A Pasteur in District 3 is attracting a large number of Tết shoppers. — VNS Photo HCM CITY — The “Tết Xanh – Quà Việt 2024” fair opened in HCM City on February 3 for consumers shopping for …

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10 youngest billionaires have $64B net worth

10 youngest billionaires have $64B net worth

The world’s 10 youngest billionaires have a combined net worth of $64.5 billion as of Saturday, with the youngest one aged 19, according to Forbes. Clemente Del Vecchio, 19, with a net worth of $4.1 billion, inherited a 12.5% stake in a holding company from his father, the late Leonardo …

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Vietnam economy ready to bounce back: Citi Vietnam

Vietnam economy ready to bounce back: Citi Vietnam

Vietnam seems to have overcome its biggest economic challenges last year and is now ready to recover, according to Ramachandran A.S., country head of lender Citi Vietnam. Citi’s latest forecast put Vietnam’s GDP growth at 5-6%, against the country’s goal of 6-6.5%. Inflation was pegged at 3.5-4% against the targets …

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Mobile World chief takes $164 salary

Mobile World chief takes $164 salary

Chairman of electronics retail giant Mobile World Group Nguyen Duc Tai and CEOs from two company subsidiaries each received VND4 million ($164) in salary for the second half of last year. The CEO of smartphone chain The Gioi Di Dong, Tran Huy Thanh Tung, and CEO of electronics appliances chain …

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Vicostone’s 2023 revenue hits over $178 million

  A Vicostone stone producing line. — Photo courtesy of the company  HÀ NỘI — Vicostone JSC, a member of Phenikaa Group, earned over VNĐ1.15 trillion (US$47.2 million) in revenue in the fourth quarter of last year or equivalent to 94 per cent of the same period last year.  However, its pre-tax profit and after-tax profit in Q4 …

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HCMC’s Tet fireworks river cruises unfilled

Just a few days before the Tet holiday break, Saigon River cruise providers say the number of bookings to watch this Lunar New Year’s Eve fireworks remains low. Hoang Van Thuy, manager of GreenLines DP Company, said many potential customers had called his company asking about Tet fireworks cruise tours, …

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