Business

HONG KONG SAR – EQS Newswire – 8 December 2023 – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) is delighted to announce that it has been included as a constituent stock in the MSCI World Micro Cap Index, effective upon close of trading on November 30, …

  Klook recently complets a $210 million funding round, increasing its total funding so far to $900 million over eight rounds. – Photo Courtesy Klook Vietnam HCM CITY – Pan-Asian travel and leisure booking platform Klook announced on Thursday that it completed an eighth financing round worth US$210 million to support business growth and financial stability. The …

Vietnam Airlines is unable to get the number flight slots it needs at airports in the U.K., India and China. After a period of absence due to Covid-19, the carrier has lost many flight slots in London, chairman Dang Ngoc Hoa said at a meeting with the Ministry of Transport …

Luxury car dealer Phan Cong Khanh has been accused of mortgaging a customer’s McLaren on the sly to raise money for settling debts. CEO of Ho Chi Minh City-based luxury car dealership K Supper had been arrested Sunday for “fraudulent appropriation” of assets. In early March a customer identified only …

The Ministry of Finance (MoF) has just announced the reduction of the gasoline import tax to 5.62% while increasing the standard cost of the gasoline base price by 30 VND per litre. These changes were mentioned in a document regarding the average import tax applied in the formula for calculating …

The U.S. dollar fell against the Vietnamese dong Tuesday morning, having declined in recent sessions after surging since the end of June. Vietcombank sold the dollar at VND23,800, down 0.08% from Monday. Eximbank sold the greenback at VND23,670, and Techcombank VND23,810. Both rates were unchanged from Monday. The State Bank …

Its Hong Kong Innovation & Invention Project spotlights over 50 local innovated exhibits at Entrepreneur Day HONG KONG SAR – Media OutReach Newswire – 8 December 2023 – The Hong Kong Exporters’ Association’s “Hong Kong Innovation & Invention” (Project) today demonstrates the internationalization potential of local innovation, showcasing over 50 …

  An office of FWD Vietnam in Đà Nẵng. The insurance industry re-invested VNĐ762.58 trillion into the economy in the first eleven months of this year, up 12.78 per cent over the same period last year. —Photo FWD Vietnam HÀ NỘI — Despite facing many difficulties due to economic slowdown in …

The European Chamber of Commerce in Vietnam (EuroCham) has called on the government to focus on long-term plans to mitigate power shortages, which it fears are cyclical. Power shortages were among the concerns raised by EuroCham in its second quarter Business Confidence Index report. A survey of its member companies …

Vietnam imported more than 239,000 tonnes of meat and meat products worth $480 million in the first five months of this year. The number climbed by roughly 1.6% in terms of quantity but declined by 9.1% in terms of value, according to the General Department of Customs of Vietnam. In …