Business

Vietnam will begin to conduct an inspection of TikTok next month to deal with harmful content and false information. Le Quang Tu Do, head of the Department of Radio, Television and Electronic Information under the Ministry of Information and Communications, said that recently a lot of toxic, offensive, false and …

Vietnam’s benchmark VN-Index dropped 0.08% to 1,078.45 points Tuesday after 10 straight sessions in the green. The index closed 0.83 points lower after gaining 14.64 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 4.17 percent to VND13.58 trillion ($578.24 million). The VN-30 basket, comprising …

Around 500 people swarmed a clothing store in Malaysian city Shah Alam in the weekend to buy discounted items for as low as MYR1 (23 U.S. cents), which caused chaos and required police intervention. The shop, StarVillon, offered its first 100 customers the opportunity to buy clothes at RM1 as …

SJC gold price dropped 0.01% to VND66.9 million ($2,850.45) per tael Monday morning. Gold ring price fell 0.17% to VND55.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold prices slipped on Monday as a sturdy dollar made the greenback-denominated metal less affordable for buyers holding …

The U.S. dollar fell marginally against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback at VND23,480, down 0.17%. Vietcombank sold the dollar at VND23,660 Monday, up 0.13%. Eximbank sold the greenback at VND23,640, a 0.13% decrease, while the rate at Techcombank is VND23,655, …

More than a dozen lenders achieved bancassurance revenues of over VND1 trillion ($42,633 million) from new customers last year, according to Vietcombank Securities. Bancassurance refers to insurance products sold through banks. Premium income from new customers increased by 45% during the year, and overall premiums at by 16%. Military Bank …

A consignment of soy milk found contaminated and destroyed in Japan must have been tainted en route, Vietnamese exporter Vinasoy has said. Tests by the National Institute For Food Control on Monday did not find coliform bacteria in the Fami Calcium Soy Milk samples it had retained from the export …

Vietnam’s economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released by the Organization for Economic Co-operation and Development (OECD). The report states that Vietnam’s economic growth is driven by foreign investment in the manufacturing sector, especially electronics, machine manufacturing, textiles …

Visitors to Hoi An ancient town in central Vietnam will have to pay an entry fee from May 15, which will be used for its conservation. The fees are VND120,000 (US$5.11) for foreigners and VND80,000 ($3.41) for Vietnamese, according to the town administration. Nguyen Van Son, its chairman, said the …

Vietnamese firms spent over $903 million in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office (GSO). The cumulative import turnover of CBU cars in Q1 2023 increased by 76% in volume and 60.8% in value compared to the same period last …