Business

Vietnam’s auto sales in January plunged 57% from a month earlier as the Lunar New Year holiday brought down demand. The Vietnam Automobile Manufacturers Association (VAMA) saw 17,314 units sold, down 51% from December. Hyundai Thanh Cong, which assembles and distributes cars for the South Korean brand Hyundai, sold 64% …

Immigration officers at Ho Chi Minh City’s (HCMC) Tan Son Nhat International Airport on Monday returned a bag containing $1,800 in cash to an Egyptian tourist who lost it while waiting to complete entry procedures. Ashraf Ahmed Metwally, 76, expressed his surprise and wrote a letter to thank the immigration …

Travel agency Booking.com has voted Phong Nha in central Vietnam one of the seven ideal destinations for singles to meet new friends. For this Valentine’s Day, the Dutch online travel agency has published a list of ideal places for solo travelers to make friends. Phong Nha is the only location …

The Ho Chi Minh Stock Exchange has decided to delist the shares of property developer FLC for “severe violation in fulfilling disclosure obligations.” The company’s 710 million shares will be delisted on Feb. 20. At the time of publishing they were trading at VND3,570 ($0.15). The shares had been under …

Hoang Quang Viet, a director of steel maker Hoa Phat Group, has registered to sell two million shares to his children between February 20 and March 20. Viet owns 28.2 million HPG shares, or a 0.49% stake. The deal will be worth over VND40 billion ($1.69 million) at current prices, …

The average price of the iPhone 14 Pro Max in the Vietnamese market decreased down 10.7% to VND28.4 million ($1,203) in just a month. Apple authorized resellers in Vietnam said a large batch of iPhone 14 Pro Max models were added to the market in early January, ending the high …

The Australian travel newspaper Traveler has just published an article introducing 20 of the world’s most affordable and valuable destinations that tourists should visit in 2023, including Vietnam. According to Traveler, Vietnam remains one of the cheapest travel destinations in Asia, with direct budget flights from Australia. Vietnamese food alone …

Gasoline prices unexpectedly rose Monday by VND540-620 (US$2.3-2.6 cents) per liter, while oil products dropped by VND300-980 per liter. This is the fifth time retail fuel prices have been adjusted in only six weeks this year. The price of the Vietnam’s number one selling gasoline RON 95-III went up by …

National flag carrier Vietnam Airlines has announced to resume its Hanoi- Kuala Lumpur air route after three years of suspension. There will be be four weekly flights on Tuesday, Thursday, Friday and Sunday, the carrier said in a statement. Vietnam Airlines is currently operating the HCMC-Kuala Lumpur route with 11 …

Thai police are investigating a pickpocketing case in the popular seaside resort town of Pattaya after an Indian tourist complained he had his wallet robbed of 44,000 baht ($1,300). A group of Thai people approached the tourist after he left a convenience store late last week, the Thaiger news portal …