The Indonesian government is targeting 1.5 million Chinese tourists in 2024, double last year’s figure, an official said. “Last year, young people dominated the number of Chinese tourists, with around 65%. They take long stays of around 5 to 7 days, and prefer adventurous activities, nature and culture,” said Wisnu …
Read More »Semiconductor research and AI centre debut in Đà Nẵng
The US ambassador to Việt Nam, Marc E. Knapper in a working session with Đà Nẵng City’s People’s Committee on building Đà Nẵng as a centre of Assembling, Testing, Packaging (ATP) and semiconductor industry development. Photo courtesy of Lê Hoàng Phúc ĐÀ NẴNG – The central city People’s Committee …
Read More »Vĩnh Hoàn’s profit fall to lowest in over 30 quarters
Workers process pangasius for export. — Photo vinhhoan.com HÀ NỘI — Vĩnh Hoàn Corporation (VHC), one of Việt Nam’s leading pangasius exporters, has reported declines in both revenue and profit in the last quarter of 2023. In its fourth quarter business results, the company’s net revenue fell slightly by 4.7 …
Read More »Exploring the untapped potential of the bubble tea franchise sector
With 10 years of presence on the market, ToCoToCo is a familiar and favourite milk tea brand with millions of Vietnamese customers. Customers really love bubble milk tea, a sweet and enchanting drink that has created opportunities for franchised milk tea chains to continue expanding globally. Milk tea: a sustainable …
Read More »VN-Index posts minor gain
Vietnam’s benchmark VN-Index rose 0.45% to 1,175.67 points Friday. The index closed 5.30 points higher after dropping 2.60 points in the previous session. Trading on the Ho Chi Minh Stock Exchange increased by 14% to VND12.90 trillion ($524 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 19 …
Read More »China kicks off Lunar New Year travel rush, expects record 9 billion trips
China on Friday kicked off its busiest annual period of mass migration with a record 9 billion domestic trips expected to be made during a 40-day travel rush around the Lunar New Year holidays, state media predicted. That would be nearly double the 4.7 billion trips made during the so-called …
Read More »KBank targets double-digit return on equity within 2026
deploys ‘Strategy 3+1’ to deliver sustainable value to all stakeholders, including customers, shareholders, employees, regulators and society at large. “KBank aims to be a solidly dependable partner to our customers, and other stakeholder, and to deliver solid performance to our shareholders in an increasingly unpredictable global economic environment.” Ms. Kattiya …
Read More »FTAs key in boosting export: MoIT
Vietnamese fruits on display at a trade fair in southern Italy. VNA/VNS Trường Duy HÀ NỘI In a bid to achieve a targeted 6 per cent export growth in 2024, equivalent to US$377 billion, the Ministry of Industry and Trade (MoIT) outlines a strategic focus on leveraging existing Free …
Read More »HCMC shophouse rents continue to fall
Shophouse rents continue to decline in HCMC while retail space at shopping malls has become more expensive. In January the average monthly rent for shophouses in the downtown District 1 has fallen for a third consecutive month to VND128 million (US$5,201) per square meter, according to property listing platform Nha …
Read More »Samsung Galaxy S24 phone series see up to 27.7% price difference
Samsung’s latest offerings, the Galaxy S24, S24+ and S24 Ultra, are available at distributors with prices differences, going up to 27.7% lower than those listed on the company’s website. At The Gioi Di Dong, the S24 costs VND2 million less than the list price of VND22.9 million (US$916), while the …
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