Business

The U.S. dollar rose against the Vietnamese dong Tuesday morning. Vietcombank sold the dollar at VND24,670 Tuesday, up 0.14% from Monday. The State Bank of Vietnam lowered its reference rate by 0.02% to VND23,987. The greenback went up 0.48% to VND24,970 on the black market. It has increased by 1.02% …

Nguyen Dang Quang, chairman of retail giant Masan Group, has been removed from Forbes’ billionaire list just two weeks after re-entering. He disappeared from the list on Monday, having been on it since Jan. 3, when Forbes valued his net worth at $1 billion. He made a comeback to the …

Phuc Sinh, Vietnam’s largest pepper exporter, has been valued at US$320 million and will receive funding from a European investor this month to build two large coffee processing plants. Its chairman, Phan Minh Thong, said late last year his company signed a deal for the investment from the fund. The …

Containers at Hải Phòng Port. Trade between Vietnam and the European-American markets dropped about 9.5 per cent last year to $208 billion. — VNA/VNS Photo HÀ NỘI — The Ministry of Industry and Trade (MoIT) will roll out major measures to boost exports to the European and American markets this year, an …

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 16 January 2024 – TUMI, the leading international travel, lifestyle and accessories brand, is excited to announce the opening of its new store at Saigon Central Post Office, Vietnam – an iconic landmark with cultural and historical significance in Ho …

The combined fortunes of the world’s five richest men have more than doubled to $869 billion since 2020 while five billion people have been made poorer, anti-poverty group Oxfam said. An Oxfam report, which comes as business elites gather this week for the annual World Economic Forum (WEF) meeting in …

Turkey on Monday started charging foreign tourists a hefty fee to visit Istanbul’s famed sixth-century monument Hagia Sophia, which was controversially converted into a mosque in 2020. The new fee of €25 (US$27.31) per person was displayed on a side entrance where foreigners were directed. The main entrance is now …

SINGAPORE – Media OutReach Newswire – 16 January 2024 – As urbanization and economic levels continue to soar in Southeast Asia, the region has emerged as a burgeoning market for dietary supplement businesses, owing to its remarkable growth potential. Recognizing this opportunity, Life-Space, a renowned brand with extensive expertise in …

SINGAPORE – Media OutReach Newswire – 16 January 2024 – Cyber incidents such as ransomware attacks, data breaches, and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer. The closely interlinked peril of Business interruption ranks second. Natural catastrophes (up from #6 …

A Leap into the Future: Real Axe’s Advanced AI Ushers in a New Era of Interactive Event Experiences SINGAPORE – Media OutReach Newswire – 16 January 2024 – Real Axe, a pioneering force in experiential technology, has left an indelible mark at the recently concluded Ngee Ann Poly Open House …