Business

9Pay offers an “all-in-one” payment solution, and has cooperated with more than 600 partners, including banks, local and foreign financial institutions, supporting millions of merchants’ customers. 9Pay has recently received high praise for its management and ability to build products and services to support international businesses. Over the last five …

Vietnamese agritech company FoodMap has raised $1 million in a bridge round from foreign investors to expand its presence to new markets. Founder and CEO Tung Pham said that existing investors including Vulpes Investment Management, Beenext and Wavemaker Partners participated in this round, DealStreetAsia reported. A Singapore family office also …

Vietnam has cut car registration fees in half for locally-made or assembled cars as authorities hope against hope that the move will boost sales. The 6-month cut takes effect July 1 and the fees will return to normal starting Jan. 1, according to a government decree issued Wednesday. Registration fees …

Five people related to Asia Pacific Securities, including its chairman and CEO, were on Wednesday on charges of stock manipulation. Hanoi Police said they had arrested chairman Pham Duy Hung, 44, CEO Nguyen Do Lang, 49, and Lang’s wife Huynh Thi Mai Dung, 48, on accusations the trio had conspired …

Thai exporters are halving the time it takes to deliver durian to China, from 8 days to four days, in order to better compete with Vietnam over the pungent fruit. Thailand shipped 477,700 tons of fresh durian to China in the first five months, valued at a record high of …

The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low. Given the shortage of land funds, some industrial real estate companies are expected to witness positive business results. In the first quarter of 2023, the industrial park real estate market recorded …

Vietnam’s benchmark VN-Index rose 0.35% to 1,138.35 points Wednesday in its seventh session in the green, standing firm at the highest since Sep. 28 last year. The index closed 4.02 points higher after gaining 2.30 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 22.13% …

The number of suspended companies in the property sector increased by 40% in the first half of 2023, the highest growth rate among 17 sectors. Around 100,000 companies were suspended, or an average of 16,600 a month, according to the Ministry of Planning and Investment. The ministry does not make …

Ngoc, a Vietnamese expat living in Osaka, Japan, is planning to return home since the falling yen and rising inflation have caused his disposable income to shrink dramatically. The engineer is only waiting to repay the VND200 million (around $8,497) his parents borrowed so that he could go to Japan …

Cotto, the No. 1 brand in Thailand in 2019, made its presence at Vietbuild with a groundbreaking concept: “Space of Happiness on Sustainability.” The move follows the company’s successful showcase of new sustainable sanitary ware products at Vietbuild, a major industry event. The company exhibited products at the Vietbuild Construction …