Business

  A customer consults a bank teller at VPBank. On the stock market, as of December 6, VPB shares were trading at VNĐ19,400 per share, representing an increase of approximately 13 per cent compared to the beginning of this year. Photo VPBank HÀ NỘI The Hồ Chí Minh City Stock Exchange (HoSE) has granted approval for the additional listing …

Domestic airfares in July have dropped double-digits to the lowest in six years amid falling demand. Summer is usually a high time for travel demand, but this year, ticket sellers are reporting a 10-40% decline in prices. A one-way Vietnam Airlines flight from Hanoi to Phu Quoc Island in July …

A group of contractors, led by construction firm Coteccons, have committed to completing the terminal for Long Thanh International Airport within three years. Construction is due to start in August. The group, comprising Coteccons, Hoa Binh, Central, An Phong, Delta, Unicorns, Thanh An and Thailand’s Power Line Engineering (PLE), is …

The domestic real estate market is forecast to recover in the second half of the year thanks to policies issued so far in 2023. The Government has made many decisions to help solve difficulties of the real estate market to solve obstacles related to capital and legal procedures for property …

Hà NộiWith a new partnership between Techcombank and Singapore businesses, consumers in Vietnam will get access to brand-new payment and Treasury Management solutions. The Singapore Regional Business Forum (SBRF) on Friday attracted great attention from Singapore’s leading partners and businesses, especially fintech companies looking for new business opportunities in Vietnam, …

Chip autonomy is an ideal aspiration but it is advisable to avoid setting too big goals in the immediate future, an Intel Products Vietnam executive has told the government. In 2006, the U.S. chipmaker became the first foreign high-tech investor in Ho Chi Minh City. “The past 17 years have …

Vietnamese lychees were already present in Thailand a few years ago, but this is the first time that the fruits are on sale at a major supermarket chain in the country. “I am very happy to be one of the pioneering firms to bring fresh lychees to Thai consumers,” said …

  A representative of Visa makes a speech at a seminar discussing the role of AI in the payment sector. — Photo courtesy of Visa Vietnam HCM CITY — Generative artificial intelligence (AI) will drive a transformative shift for businesses and consumers, resulting in a smoother shopping and payment experience for consumers, …

Nguyen Thanh Tung, former CEO of gas trader Pacific Gas is suing the company for firing him without reasonable cause, and is demanding to be reappointed. Tung, 44, signed a three-year contract with chairman of Ho Chi Minh City-based Pacific Gas, Katsumi Kajiwara, in January 2020. Tung owns a 48.94% …

Land prices in the outskirts of Ho Chi Minh City have plunged 30% year-on-year due to low demand amid a frozen market. In Hoc Mon District brokers are listing land at 19 million per square meter but there are no buyers, even at a 27% decline year-on-year. In Binh Chanh …