Business

The U.S. dollar inched up against the Vietnamese dong at Vietcombank but dropped at some others Wednesday morning. Vietcombank sold the dollar at VND23,920, up 0.17% from Tuesday. Eximbank sold the greenback 0.29% lower at VND23,910. Techcombank let the dollar slide by 0.35% to VND23,925. The State Bank of Vietnam …

Tourism officials in Indonesia’s popular resort island of Bali have proposed the government extend its list of eligible countries for visa-on-arrival policy to 83. Among the 83 proposed countries are Algeria, Bangladesh, Kenya, Panama, and Zimbabwe, Tjokorda Bagus Pemayun, head of the Bali Tourism Agency, said according to the Coconuts …

An American tourist was found dead at a depth of 21 meters in the waters off Gili Trawangan Island, one of Indonesia’s famous tourist hotspots, police said on Tuesday. The 49-year-old tourist went missing on Sunday while diving in the area off the northwest coast of Lombok, around 35 kilometers …

The EBOOST charging stations are integrated with high-quality equipment to provide a secure charging process. According to Stefan Kaufmann, Founder, and CEO of EBOOST, electric vehicles are becoming the trend of modern lifestyles as they help reduce environmental pollution, which has reached an alarming level. However, the transition from fossil …

Rice farmers in the Mekong Delta have been switching to durian on thousands of hectares of lands despite warnings the soil is unsuitable and there will be oversupply. Tran Dang Khoa in Long An Province in the delta is busy preparing to harvest his durian crop he has sold to …

People in more than 10 cities and provinces want compulsory civil liability insurance for motorbikes scrapped because of its low efficacy. Public petitions have been submitted to the Ministry of Finance from Dong Nai, Binh Duong, An Giang, Quang Ninh, Lang Son, and Lai Chau provinces seeking abolition of the …

Social housing developer Hoang Quan Corp. (HQC) has seen its stock surge 26% within one week as the government announced plans to prioritize credit for affordable housing projects. HQC on Tuesday closed its second session at its ceiling price, having risen in five of the last six sessions to VND3,240 …

After first unsuccessfully entering the Vietnamese market a dozen years ago, Chinese automaker Haima plans to begin selling cars here again later this year. Tran Viet Son, sales director at Carvivu, Haima’s new distributor in Vietnam, said the company will import 3 Haima models, namely the 8S, 7X and 7X-E. …

The French government’s Agence Française de Développement Group CEO Rémy Rioux visited Vietnam last week in preparation for June’s Summit for a New Global Financial Compact in Paris. During the visit on Feb. 17 and 18, Rioux discussed energy transition issues and worked with Vietnamese authorities to identify opportunities to …

Rémy Rioux, CEO of the Agence Française de Développement (AFD) Group, visited Vietnam last week to discuss investment opportunities in the energy sector. Rioux, also Chairman of the International Development Finance Club (IDFC), visited Vietnam Feb. 17 and 18 as preparation for the Summit for a New Global Financial Compact …