Business

Laughters and water pistols filled the streets of Bangkok Thursday as locals and tourists celebrated Thai new year festival Songkran after a three-year hiatus due to the pandemic. People play with water as they celebrate the Songkran holiday which marks the Thai New Year in Bangkok, Thailand, April 13, 2023. …

Prime Minister Pham Minh Chinh has promised that the government would resolve the issues faced by the wood and seafood sectors to help revive their sharply declining exports. The billion-dollar industries, which provide tens of millions of jobs, saw exports fall by 28% and 27% year-on-year in the first quarter …

Indonesian authorities have detained a female tourist for photographing herself naked at a 700-year-old Kayu Putih tree in Bali. The woman was the second person to do so in a year. She is now under investigation but her identity and nationality have not yet been revealed, Indonesia news site Coconuts …

Luu Trung Thai, CEO of the Military Commercial Joint Stock Bank, has been named its chairman to replace Le Huu Duc, who resigned for personal reasons after a 12-year stint. The board of directors also approved the reduction of its membership for the 2019-24 term from 11 to 10. Thai, …

The price of townhouses and villas in the South have dropped 10-30% year-on-year amid record-low sales in the first quarter of 2023. The prices in Dong Nai Province plunged 15-20%, even 25-30% in some cases, as cash-strapped investors have tried to cut losses, according to a survey by VnExpress. Many …

U.K.-based travel magazine Wanderlust has named Quang Nam Province, home to two UNESCO World Heritage Sites, among Asia’s top four sustainable destinations. “By putting local businesses at the heart of tourism, Quang Nam is proving sustainability starts at home,” Wanderlust said. Quang Nam’s two UNESCO World Heritage Sites are the …

Toyota has been the best-selling brand in Vietnam’s major auto markets for the last four years. Between January 2019 and January 2023, Hanoi recorded the country’s biggest car sales at 211,491 units, followed by Ho Chi Minh City with 167,643 units, according to registration and re-registration data collected by VnExpress. …

Here’s a list of some of the best places to enjoy salted coffee in the ancient capital of Hue, based on the opinions of both residents and visitors. This unique beverage has been a signature drink in Hue for over a decade. It is made with a layer of condensed …

Train operator Vietnam Railways expects to earn a profit this year after posting losses in three previous years due to the impact of Covid-19. The company predicts a post-tax profit of VND3 billion ($127,960) and a revenue of over VND6.5 trillion. In the first quarter this year subsidiary Hanoi Railways …

Vietnam’s benchmark VN-Index dropped 0.48% to 1,064.3 points Thursday, lowest since March 30. The index closed 5.15 points lower after losing 0.01 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 9.61% to VND11.44 trillion ($487.99 million). The VN-30 basket, comprising the 30 largest capped …