Monday , December 23 2024

Business

Business

Man swindles $3.9M through fake options trading

A 25-year-old man and 34 accomplices are being tried in southern Vietnam for swindling VND98 billion (US$3.9 million) out of 376 victims through binary options trading. The trial of Nguyen Huu Dat and the others that opened Monday at the People’s Court of Ba Ria – Vung Tau involves charges …

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Government issues two options for direct electricity trading

The Government has issued details of the direct power purchase agreement (DPPA) mechanism between renewable energy generators and large customers,  with two options being through a private power line and the national grid via EVN. Renewable energy generators and large customers have two options to trade power through a private …

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Stocks near 4-week high

Vietnam’s benchmark VN-Index rose 0.79% to 1,293.71 points Tuesday, highest since June 13. The index closed 10.15 points higher after gaining 0.52 points in the previous session. Trading on the Ho Chi Minh Stock Exchange increased by 10% to VND21.82 trillion ($858 million). The VN-30 basket, comprising the 30 largest …

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Yearly agricultural export target achievable: official

Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến has affirmed his confidence that Việt Nam’s agro-forestry-aquatic product exports can reach the revenue target of US$55-56 billion this year.   A rubber production line. Coffee is one of seven items and product groups posted an export value of over …

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Tây Ninh focuses on developing agriculture for export

Tây Ninh Province is focusing on developing its agriculture to foster exports, especially with the issuance of codes for farming areas and packaging facilities.   A soursop farm in Tây Ninh Province. The province is focusing on issuing farming area codes to facilitate export. — Photo nld.com.vn TÂY NINH — Tây Ninh …

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Vietnam Airlines takes delivery of first A320neo

Vietnam Airlines has recently received its first Airbus A320neo as part of the national flag carrier’s efforts to rejuvenate its fleet. This is the first among the three A320neo planes, each seating 182 passengers, to be delivered to the carrier this year. By adding the A320neo family, the airline affirms …

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Market continues to gain for fourth day

During most of the day, VN-Index traded above the reference level. Even though the afternoon session recorded strong selling pressure, the VN-Index still ended the session higher on Thursday. At FPT University Cần Thơ campus. Shares of the software manufacturer led the market on Thursday. — Photo courtesy of FPT …

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Central bank works on protecting banking service users

At a workshop on solutions to protect bank customers held in Hà Nội, SBV Deputy Governor Phạm Tiến Dũng said the banking industry has made continuous efforts and closely coordinated with relevant ministries and branches in the digital transformation process, with some notable achievements.   View of the workshop. The …

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Corporate bond issuances more than double in 2024

Some forty companies have issued VND110.2 trillion (US$4.33 billion) worth of bonds in the first half of 2024, up 2.6 times year-on-year, according to the Ministry of Finance. Credit institutions accounted for more than 63% of the value and property firms for almost 29%, it said in a recent report. …

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