Business

Remittances to Ho Chi Minh City surged 35% to US$9 billion this year. The sharp rise was due to more Vietnamese working overseas after many countries eased immigration policies to source workers post-Covid, according to the State Bank of Vietnam’s HCMC branch. Remittances are likely to rise by 20% next …

SINGAPORE – Media OutReach Newswire – 22 December 2023 – Novo Nordisk Pharma (Thailand) Ltd. has emerged triumphant by securing three prestigious accolades at the Asia Pacific Enterprise Awards (APEA) 2023 Thailand on 25 August. The leading healthcare company specializing in diabetes care was honored with awards under the Inspirational …

SINGAPORE – Media OutReach Newswire – 22 December 2023 – Local manufacturer and distributor Kumwell Corporation Public Company Limited (Kumwell) and its CEO, Boonsak Kiatjaroonlert, were honored with the Corporate Excellence and Master Entrepreneur Awards at the Asia Pacific Enterprise Awards 2023 Thailand. The awards recognized Kumwell’s outstanding contributions to …

Promotes Sustainable Finance, Facilitates ESG Ecosystem Development HONG KONG SAR – Media OutReach Newswire – 22 December 2023 – Hong Kong Quality Assurance Agency (“HKQAA”) hosted the “Sustainable Finance, ESG and Climate Resilience • Hong Kong 2023” International Symposium recently at the Exchange Square of HKEX. The event had Mr …

The U.S. dollar fell against the Vietnamese dong Friday morning. Vietcombank sold the dollar at VND24,430, down 0.28% from Thursday. The State Bank of Vietnam lowered its reference rate by 0.02% to VND23,915. The dollar fell 0.08% to VND24,720 on the black market. It has increased against the dong by …

Phu Quoc authorities found a shop selling a local specialty not listing prices Thursday as they began a crackdown on dubious business practices amid a brewing tourism crisis. Inspectors let away the owner of Duc Thanh specialty shop, which sells sim wine made from rice wine, sim fruit and pepper, …

SJC gold price rose 1.39% to VND76.8 million ($3,164.40) per tael Friday morning, a new historic peak. Gold ring price rose 0.4% to VND62.75 million per tael. A tael equals 37.5 grams or 1.2 ounces. Gold prices have risen more than 3% in the last seven days. Globally gold prices …

Vietnamese businesses lacking economies of scale could suffer from competition from China, Dr. Phan Dang Tuat, president of the Vietnam Association for Supporting Industries, said. At the Ministry of Industry and Trade’s year-end meeting held on Dec. 20, he raised concerns about the wave of supporting industry firms from China …

URC Vietnam received numerous awards in 2023 for its commitment to sustainable development, demonstrating its long-term efforts to create value for both the enterprise and wider community. The company was honored as one of the Top 100 Sustainable Businesses 2023 at the Announcing Ceremony of Sustainable Companies in Vietnam on …

Airfares from HCMC and Hanoi to popular tourist destinations like Phu Quoc, Da Nang and Da Lat have skyrocketed during the upcoming New Year holidays, disrupting people’s travel plans. The cheapest return fare from Hanoi to Phu Quoc for Dec. 29 and Jan. 1 are VND6.8 million (US$278), more than …