Wednesday , May 8 2024

Business

Business

VN-Index posts minor gain

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 »

KBank targets double-digit return on equity within 2026

Ms. Kattiya Indaravijaya, Chief Executive Officer, KASIKORNBANK

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

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 »

National flag carrier widens fleet for Tết holiday

  A plane at Noi Bai airport, the national flag carrier recently announced its decision to lease four more Airbus A320s under wet leasing arrangements. — Photo of Vietnam Airlines HÀ NỘI — To meet a hike in air travel demand during the upcoming Lunar New Year (Tết) holiday, Vietnam Airlines …

Read More »