Business

Van Thinh Phat chairwoman Truong My Lan paid Saigon Commercial Bank executives up to VND500 million each per month (US$20,600) and rewarded them with shares to overlook her transgressions. Lan, who faces charges of embezzlement among others, had 17 SCB bosses on her payroll during her 10 years of manipulating …

Compatible with 14th Gen Intel Core Desktop Processor & Z790 Chipset Platform HONG KONG SAR – Media OutReach Newswire – 18 December 2023 – KLEVV, the premier consumer memory and storage brand introduced by Essencore, today is excited to unveil the all-new CRAS V RGB Brilliant White edition memory kit …

SJC gold price fell 0.07% to VND74.3 million ($3,056.98) per tael on Monday morning. Gold ring price gained 0.08% to VND61.9 million per tael. A tael equals 37.5 grams or 1.2 ounces. Gold price is holding its calm near $2,020 in the Asian session on Monday, following a sharp pullback …

HONG KONG SAR – Media OutReach Newswire – 18 December 2023 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or the “Company”) garnered over 35 prestigious ESG awards in 2023, earning widespread recognition across Hong Kong and mainland China. These accolades serve as a testament to the Company’s …

The U.S. dollar gained against the Vietnamese dong Monday morning. Vietcombank sold the dollar at VND24,440, up 0.12% from Sunday. The State Bank of Vietnam (SBV)’s reference rate was stable at VND23,883. The dollar rose 0.37% to VND24,740 on the black market. It has increased against the dong by 2.99% …

More and more independent houses in HCMC inner districts are being sold at prices 4-7% lower than three months ago. Thuy An, a real estate broker trying to sell a 60-square-meter house on Tan Binh District’s Nguyen Sy Sach Street at VND5.4 billion (US$215,130) or VND92 million per square meter, …

Some VND20.2 trillion (US$841.6 million) worth of corporate bonds are due for redemption in December, while next year hundreds of trillions worth are set to mature. A recent report by VNDirect Securities Corporation shows a sharp spike in redemption pressure in December from the previous two months. It will ease …

SINGAPORE – Media OutReach Newswire – 18 December 2023 – DART and OffSec (formerly Offensive Security) have officially revealed today its joint strategic partnership to enhance and elevate cybersecurity talents. DART, who excels in cyber capacity building and customized training programs, is now a certified training partner of OffSec, and …

Foreign portfolio investors have been selling Vietnamese stocks this year and taking their money to developed markets, according to analysts. The Ho Chi Minh Stock Exchange closed Friday with foreigners being sellers for a 13th day in a row, with their net sales of VND7.86 trillion ($324 million) being higher …

Russian airline Aeroflot has announced it will resume direct flights between Moscow and Ho Chi Minh City on Jan. 31 next year. It would be a twice-weekly service with flights on Wednesdays and Sundays using Boeing 777 aircraft with 368 seats, it said on its website. It takes around nine …