A panel discussion as part of the seminar on Buying and Selling through the Commodity Exchange held by Doanh nghiệp & Hội nhập magazine in HCM City on January 12. — Photo courtesy of the organiser HCM CITY — Trading through commodity exchanges would help mitigate risks for both buyers …
Read More »Air tickets sold out on some routes almost one month before Lunar New Year
With demand for flight tickets to many destinations exceeding supply during Tet, people are having trouble obtaining them. Oanh of Ho Chi Minh City has had no difficulty in past years booking a ticket to the central province of Quang Nam one month before Lunar New Year, but she has …
Read More »HCMC shophouses on the shelf
Shophouses are no longer lucrative in HCMC because of high costs but low rental demand, which has dragged rents down, and so have few buyers. Phuong of District 3 said in 2020 he had bought a shophouse in an urban area on Song Hanh Street, District 2, for VND15 billion …
Read More »Longer nightlife hours boost Thai tourism revenues
Thailand’s tourism revenues jumped by 44% year-on-year, and some attribute it to the extended operating hours of bars and nightclubs. Tourists at a pub on Soi Cowboy street in Bangkok, Thailand. Photo by AFP According to the Tourism Authority of Thailand Governor Thapanee Kiatphaibool, in December, Thailand saw a 44% …
Read More »$94B wiped off Tesla’s market cap in first two weeks of 2024
Tesla’s market cap has decreased by $94 billion in the first two weeks of 2024 as the growth in electric vehicle demand decelerates. The company’s valuation has dropped 11.9% since December 30, after car rental company Hertz announced plans to sell 20,000 electric vehicles and return to gas-powered cars, citing …
Read More »My cousin makes $1,200 a month but has no savings at 30
Thinking you can spend as much as your monthly income is a huge mistake that many young people make. On a late afternoon a few weeks ago, my cousin, who is nearly 30 years old, and I sat down for a coffee to wrap up our 2023. He confessed that …
Read More »Townhouse prices fall across Vietnam
Townhouse prices declined by 10-14% across the country last year, according to the Ministry of Construction. At a press conference held on Friday the ministry’s Institute of Construction Economics published its report findings that show prices fell most notably in Da Nang (13%), HCMC (12%), Khanh Hoa Province (12.3%), and …
Read More »Domestic steel sector sees high hope for recovery in 2024: Experts
Producing steel at a factory of Việt Nam’s largest steel maker Hòa Phát Group in northern Hải Dương Province. — VNA/VNS Photo Tuấn Anh HÀ NỘI — With bright signs seen in the last months of 2023, many experts predicted that the domestic steel sector can recover in 2024. According …
Read More »My cousin makes US$1,200 a month but has no savings at 30
Thinking you can spend as much as your monthly income is a huge mistake that many young people make. On a late afternoon a few weeks ago, my cousin, who is nearly 30 years old, and I sat down for a coffee to wrap up our 2023. He confessed that …
Read More »Long Thanh airport contractor cannot find Vietnamese employees at $16,300 salary
A Turkish contractor of Long Thanh International Airport has been unable to hire local workers despite offering salaries of up to VND400 million (US$16,300) a month. IC Ictas Insaat Sanayi Ve Ticaret Anonim Sirketi, the main contractor for the terminal construction, recently informed authorities in Dong Nai Province that it …
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