Business

Auto sales rose for the third month in a row in November but sales still plunged double-digit year-on-year in the first 11 months. Vietnam saw 35,900 cars sold last month, up 9% from October, according to compiled data from Vietnam Automobile Manufacturers Association (VAMA) and Hyundai Thanh Cong. Industry insiders …

Van Thinh Phat chairwoman Truong My Lan withdrew VND1 quadrillion (US$44 billion) from lender SCB over a decade, using variety of tactics to conceal the illicit movement of funds, according to prosecutors. Between 2012 and October 2022, Truong My Lan orchestrated the disbursement of 2,500 loans totaling VND1 quadrillion through …

Japanese financial services firm SBI Holdings considers Vietnam an attractive investment destination for semiconductor manufacturing. The company is considering building semiconductor factories in Japan and other countries, including in the Middle East and Vietnam, its CEO, Yoshitaka Kitao told visiting Prime Minister Pham Minh Chinh in Tokyo on Saturday morning. …

SJC gold price fell 0.2% to VND74.35 million ($3,062.83) per tael Saturday morning. Gold ring price dropped 0.24% to VND61.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices touched a 10-day high on Thursday as the U.S. dollar and Treasury yields slipped after the …

Prime Minister Pham Minh Chinh asked Japanese investors to help transfer technology and train Vietnamese personnel by investing in the country on Saturday. At the Vietnam-Japan Economic Forum, Chinh suggested that Japan support and train high-quality personnel for Vietnam. Investors should rest-assured that investing in and doing business in Vietnam …

Iran has announced it will abolish visa requirements for 33 countries, including three Southeast Asian nations Cambodia, Malaysia and Vietnam. The decision will increase to 45 the number of countries and territories whose citizens can visit Iran without obtaining a visa, according to Iranian Students News Agency. But it remains …

  Côn Đảo island district in the southeastern province of Bà Rịa-Vũng Tàu. VNA/VNS Photo HÀ NỘI – By 2030, the southeastern region’s yearly economic growth is set to reach 8-9 per cent while the average income per capita will be US$14,500-15,800 each year, according to the regional planning for …

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 December 2023 – The World War Children Care Foundation (WCCF) officially commenced its international humanitarian mission aimed at assisting children affected by war with a swearing-in ceremony of the foundation’s committee today at Shang Ri La Hotel, Kuala Lumpur. WCCF chapter …

Recommendations: French Feast with Premium Caviar, and A5 Wagyu Beef Sukiyaki HONG KONG – Media OutReach Newswire – 16 December 2023 – Steak House, a premium ingredients specialty store, is specially launching the “French Chef Gift Box” and “Japanese A5 Wagyu Ribeye Sukiyaki Set”. The sets include top-grade ingredients and …

In anticipation of a future recovery in demand, several factories are raising wages for their employees next year, despite current challenges with reduced orders and revenues. This strategy is aimed at retaining skilled workers during these tough economic times. Nike footwear supplier Changshin Vietnam in the southern province of Dong …