About 60 per cent of Vietnam Airlines‘ flights departing from and landing in HCM City. — VNA/VNS Photo HCM CITY — The HCM City People’s Committee and the national flag carrier Vietnam Airlines have signed a comprehensive cooperation agreement for the 2023-27 period to boost the city’s socio-economic development, particularly …
Read More »Standard Chartered Bank Vietnam signs Master of Agreement for sustainable trade loan to BIDV valued at $100 million
Standard Chartered Bank Vietnam and BIDV signed a US$100 million sustainable trade loan. — Photo courtesy of the bank DUBAI — Standard Chartered has signed a Master of Agreement to offer BIDV a sustainable trade loan worth up to US$100 million, to support BIDV and its clients in meeting their sustainability goals. …
Read More »Hà Nội in effort to become zero plastic bag city
People shopping at a super market in Hà Nội. — VNS Photo Đoàn Tùng HÀ NỘI — Single-use plastic bags play a significant role for most households. From buying a single onion to a whole chicken, everything is packed in plastic bags, making it easier to carry and dispose of after use. Eliminating …
Read More »Market finishes higher on return of domestic investors
Workers loading products on a truck at a warehouse of Hoà Phát Group. Shares of the steel producer jumped nearly 1.3 per cent on Wednesday, supporting the market’s uptrend. — Photo hoaphat.com.vn HÀ NỘI — The Vietnamese stock market rose on Wednesday, lifted by the improvement of domestic investor sentiment, while …
Read More »Major bourse’s profit plunges 23% in 2022
The Ho Chi Minh Stock Exchange (HOSE)’s total revenue in 2022 reached over VND2.5 trillion, down 23% compared to 2021, the country’s major bourse has announced. HOSE’s revenue comes from three main activities, including securities trading activities, service provision activities and financial activities. According to the exchange, the reason for …
Read More »HKBU-led research develops novel drug delivery system for Gouteng compound for Alzheimer’s disease treatment
HONG KONG SAR – Media OutReach Newswire – 6 December 2023 – A research team led by Hong Kong Baptist University (HKBU) has developed a novel drug delivery system for Alzheimer’s disease (AD). The researchers have engineered exosomes, extracellular vesicles released by cells, to effectively carry the bioactive compound Corynoxine-B …
Read More »Property developers offer better deals to stir demand
Property developers in Hanoi are lowering prices and extending payment packages to boost sales as weak demand continues to plague the market. Brokers at a 500-apartment project in outlaying Hanoi district of Hoai Duc are offering early buyers a VND300-500 million ($12,775-21,292) discount, or 9-12% of an apartment’s value. Another …
Read More »Seafood export down 28%
Seafood exports decreased 28% year-on-year to nearly US$3.4 billion in the first five months of the year, according to the General Statistics Office. Shrimp and prawn exports saw a decline in both volume and value due to weaker demand in major markets, and fiercer competition from Ecuador and India, the …
Read More »Stock market hovers around 4-month high
Vietnam’s benchmark VN-Index rose 0.77% to 1116.02 points Monday, highest in over four months. The index closed 8.49 points higher after gaining 6.21 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 7.62% to VND15.27 trillion ($650.13 million). The VN-30 basket, comprising the 30 largest …
Read More »Diesel price gains
Diesel price rose marginally while gasoline prices stayed unchanged Monday afternoon. Diesel price went up 0.45% to VND18,020 ($0.77) per liter. The popular fuel RON95’s price remained at VND22,010, and that of biofuel E5 RON92 was stable at VND20,870. Globally the average price of petroleum increased by 0.53-1.3% in the …
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