Business

Vietnam’s benchmark VN-Index rose 0.34% to 1,179.65 points Tuesday. The index closed 3.96 points higher after gaining 0.02 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 4% to VND13.74 trillion ($563 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 14 …

Vietnamese brewers saw their profits dropping double-digit last year as authorities tightened control on drunk driving. Hanoi Beer brewer Habeco saw post-tax profit plunging 30% last year to VND355 billion (US$14.5 million), the lowest non-pandemic year since 2008. Its revenue dropped 8% to VND7.76 trillion as authorities tightened control on …

Major taxi firm Vinasun posted VND151 billion (US$6.17 million) in after-tax profit in 2023, down 18% from the previous year. According to its consolidated financial report for the last quarter, Vinasun earned VND277 billion in revenue and VND25 billion in after-tax profit, down 14.6% and 54.6% year-on-year, respectively. Over the …

HONG KONG SAR – Media OutReach Newswire – 30 January 2024 – Hang Lung Group Limited (Stock Code: 00010) and Hang Lung Properties Limited (Stock Code: 00101) today announced the retirement of Mr. Ronnie C. Chan from his positions as Chair, an Executive Director, and Chair of the Executive Committees …

New Chief Executive Officer (CEO) and team to serve UHNW clients in the UAE and grow opportunities in the region SINGAPORE, HONG KONG SAR and DUBAI, UAE – Media OutReach Newswire – 30 January 2024 – WRISE Group today announced the official establishment of WRISE Middle East, its Dubai subsidiary …

Saigon Jewelry Company gold bar price rose 0.52% to VND77.15 million ($3,153.48) per tael Tuesday, highest since Jan. 13. Gold ring price went up 1.46% to VND64.05 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally spot gold was up 0.01% to $2,032.73 per ounce Tuesday morning, …

SINGAPORE – Media OutReach Newswire – 30 January 2024 – Long Bridge Securities Singapore, a new-generation socially-driven online brokerage, is pleased to announce its latest campaign offering lifetime commission-free trading and free real-time market data. This makes Long Bridge Securities the first online brokerage in Singapore to offer lifetime commission-free …

  The train model of the HCM City – Cần Thơ railway. The CT Group has proposed that the Prime Minister approve investment of US$9.98 billion in building a high-speed railway linking HCM City and the Mekong Delta’s Cần Thơ City. Photo tinnhanhchungkhoan.vn HÀ NỘI — Private investors are expected to …

Pharmacy chain Long Chau reported a 66% jump in sales to VND16 trillion last year ($652.79 million), accounting for half of parent company FPT Retail’s total revenues. Long Chau opened 560 new stores last year, taking its total to nearly 1,500 and leaving competitors such as Pharmacity and An Khang …

The U.S. dollar dropped against the Vietnamese dong on Tuesday to the lowest since Jan. 15. Vietcombank sold the dollar at VND24,675, down 0.16% from Monday. The State Bank of Vietnam’s reference rate was 0.05% lower at VND24,023. The greenback fell 0.28% to VND24,990 on the black market. It has …