Saturday , November 23 2024

Business

Business

Rich Chinese snaps up multi-million-dollar luxury homes in Shanghai

Shanghai’s high-end real estate market is attracting wealthy Chinese as they seek to invest and capitalize on the supportive measures introduced to bolster the country’s dreary property sector. The Shanghai Arch building, developed by Hong Kong-based developer Sun Hung Kai, recently experienced a surge in demand, Bloomberg reported. Its 212 …

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Delta Dunia Group completes acquisition of Atlantic Carbon Group, Inc., a key global ultra-high-grade anthracite producer

Delta Dunia Group completes acquisition of Atlantic Carbon Group, Inc., a key global ultra-high-grade anthracite producer The transaction is completed via American Anthracite SPV I, LLC, a controlled entity under BUMA International. The acquisition enhances Delta Dunia Group’s geographic and revenue diversification, aligning with its strategic growth objectives. ACG represents …

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Gold ring price inches up

Saigon Jewelry Company gold ring price rose 0.07% to VND75.95 million (US$2,987.21) per tael Wednesday morning. Gold bar price was stable at VND76.98 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold price trades with mild gains on Wednesday during the early Asian session, FXStreet reported. …

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AI giving cosmetics industry a makeover

Artificial Intelligence is transforming many industries, including cosmetics, according to the leading market expansion services provider DKSH. A wide range of cosmetic ingredients are introduced at the 2024 Beauty Show in HCM City on July 5. The beauty and cosmetics industry experience a huge surge in the use of AI. …

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Vinachem’s revenue rises 18% in H1

Profits at the chemical manufacturer reached an estimated VNĐ815 billion ($32 million) Vinachem and its members aim to earn a combined revenue of over VNĐ26.96 trillion in H2. — Photo mekongasean.vn HÀ NỘI — State-owned chemical manufacturer Vinachem saw its combined revenue surge by 18 per cent year-on-year to above …

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Culture & Business Forum scheduled for November: press conference

Centred around this year’s theme, businesses are expected to engage in discussions, debates, and experience exchanges to enhance the positive and mitigate negative impacts of a multicultural environment on enterprises’ operations, thereby promoting effective and sustainable growth. Chairman of the Vietnam Association of Business Culture Development (VNABC) Hồ Anh Tuấn …

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Dollar weakens against dong on black market

The U.S. dollar weakened against the Vietnamese dong at unofficial exchange points Wednesday morning while remaining steady at banks. The greenback is sold at VND25,870 on the black market, down 0.04% from Monday. Vietcombank kept the dollar steady at VND25,454. The State Bank of Vietnam (SBV)’s reference rate was stable …

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