Business

Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licensed to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department. General director of the department Hoang Trung said, on November 9, 2022, the MARD and the General Administration of Customs China …

The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fulfill maturing bond obligations amid ongoing market turbulence. HoREA Le Hoang Chau said the move is expected to help bolster investor confidence in the market as many real estate firms have …

A “Night of Pho” event was held in Or Yehuda city, Israel, on April 4, introducing Vietnam’s noodle soup to local people. Ambassador Ly Duc Trung said that diners invited to try the signature food are those who know and love the country, people and cuisine of Vietnam, many of …

Vietnam’s benchmark VN-Index rose 0.22 percent to 1080.86 points Wednesday, after a sudden dip on Tuesday following 10 straight sessions in the green. The index closed 2.41 points higher after losing 0.83 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 5.28% to VND12.87 trillion. …

The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fulfill maturing bond obligations amid ongoing market turbulence. HoREA Le Hoang Chau said the move is expected to help bolster investor confidence in the market as many real estate firms have …

The U.S. dollar rose marginally against the Vietnamese dong Wednesday afternoon. Vietcombank sold the dollar at VND23,640 Wednesday, up 0.02% from Tuesday. Techcombank lowered the greenback by 0.04% to VND23,631. VIB kept the rate unchanged at VND23,650. The State Bank of Vietnam set its reference rate at VND23,602, same as …

Sixteen potential buyers have registered to purchase a combined 213 million shares of PGBank, almost twice the number its biggest shareholder is selling. The buyers, comprised of nine individuals and seven domestic organizations, have signed up to participate in the auction of 120 million shares of PGBank, or a 40% …

Social media platform TikTok has been informed about an upcoming inspection by government agencies and looks forward to constructive feedback afterward, a company spokesperson said. The Chinese-owned company had been told in early February that officials from the Ministries of Information and Communications and Industry and Trade and the General …

The Ministry of Industry and Trade is considering an electricity price hike following the huge loss reported by state utility Vietnam Electricity (EVN) for last year. “The rate and time of the increase will be considered carefully to safeguard the benefits of EVN, the public and businesses and control inflation,” …

Egroup, which has begun restructuring its English language school Apax Leaders, has reopened 31 centers and agreed to pay 300 creditors and investors in the form of real estate. Egroup, which owns several businesses in Hanoi, said the reopening of 31 Apax centers as of March 31 has helped it …