Tuesday , December 24 2024

Business

Business

Long Thanh airport relocation budget gets $39M more

Long Thanh airport relocation budget gets $39M more

The relocation project for residents at Long Thanh International Airport has been granted an additional VND966 billion ($39.61 million), which had been inaccessible up until now due to red tape. The decision on the new funding was signed by Deputy Prime Minister Le Minh Khai Thursday. The total cost of …

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VN-Index steadies at highest level since October

VN-Index steadies at highest level since October

Vietnam’s benchmark VN-Index rose 0.57% to 1,150.72 points Thursday as it remained at the highest since Oct. 13. The index closed 6.55 points higher after gaining 12.45 points in the previous session. Trading on the Ho Chi Minh Stock Exchange increased by 72% to VND25.29 trillion ($1.04 billion). The VN-30 …

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Middle-cap stocks Vietnam’s best in 2023

Small and middle-cap stocks outperformed blue chips in Vietnam’s 2023 market, with Vietnam Southern Food Corporation’s VSF soaring eightfold. The VN30 basket, comprised of the country’s 30 largest stocks, closed the year with a 12% gain, compared to a 33% surge in middle-cap and 30% in small-cap stocks, according to …

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ONYX Hospitality Group Showcases its Exceptional Malaysia Portfolio and Announces Expansion with Three New Properties Opening in 2024

Picture shows from left to right: Amari SPICE Penang, Amari Johor Bahru, Amari Kuala Lumpur, OZO Georgetown Penang

BANGKOK, THAILAND – Media OutReach Newswire – 4 January 2024 – ONYX Hospitality Group, the prominant management company in Southeast Asia specialising in hotels & resorts, serviced apartments and luxury residences, proudly manages four distinctive properties in Malaysia. These include the well-established Amari Johor Bahru, the lively OZO Georgetown Penang, …

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Public investment meets 82% of PM’s target

Public investment meets 82% of PM's target

Vietnam disbursed VND580 trillion ($23.78 billion) in public investment last year, 82% of the set goal by Prime Minister Pham Minh Chinh. High disbursement rates of 85-95% were recorded among the State Bank of Vietnam, Ministry of Transport, and Ministry of Defense. Localities that posted a 90% or higher rate …

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Vietnam passport 73rd most powerful in the world

Global citizenship financial advisory firm Arton Capital has placed the Vietnamese passport at 73rd place with access to 70 destinations in the latest 2024 ranking, standing behind most of its Southeast Asian neighbors. It ranked 199 passports from around the world based on how many countries their holders can visit …

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