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Business

Most Vietnamese crypto investors lose money in 2023

Most Vietnamese crypto investors lose money in 2023

Some 64% of cryptocurrency investors lost money last year due, a survey be data platform Coin98 Insights has found. The survey collected date from 1,200 respondents last December. As cryptocurrencies went through a “Bitcoin winter” last year, nearly 30% of respondents said the reason for the loss was the fear …

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Townhouse prices fell across Vietnam

Townhouse prices fell 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 …

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Chicilon’s strategy for increasing coverage

Chicilon Media added 8,000 new screens in 2023, a growth rate of more than 34.3%, to occupy 92% of the elevator advertising market in Vietnam. According to Guo Zhi Feng, Chairman of Chicilon Media, in order to achieve the results, the company has increased its expansion of media resources to …

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Việt Nam, Indonesia eye stronger economic, trade ties

  At the high-level meeting. VNA/VNS Photo HÀ NỘI – Prime Minister Phạm Minh Chính and Indonesian President Joko Widodo co-chaired a high-level business dialogue in Hà Nội on January 13 morning as part of the latter’s state visit to Việt Nam. At their meeting one day earlier, the two leaders …

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Rice exports reach record high

Rice exports reach record high

Vietnam’s rice exports soared to 8.13 million tons, valued at US$4.7 billion in 2023, setting a new national record, as per the General Department of Customs. This marked a 14.4% increase in volume and a 35.3% rise in value from the previous year, despite challenges from the El Nino weather …

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Consumer loans slow to a crawl in 2023

Consumer loans slow to a crawl in 2023

Consumer loan growth inched along more sluggish than a snail last year as demand for house and vehicle purchases drowned amid economic challenges. Nguyen Tung in Ho Chi Minh City listed a land lot for sale all 12 months of 2023. But he still hasn’t even come close to finding …

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