Business

The median home price in Ho Chi Minh City is 32.5 times that of a local median annual household income, making it the second least affordable property market in Asia-Pacific, a report has found. The median home price in HCMC is at US$296,000 per unit, compared to compared to the …

Vietnam’s benchmark VN-Index dropped 0.74% to 1,101.32 points Thursday after gaining five sessions in a row. The index closed 8.22 points lower after rising 1.23 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 31% to VND23.69 trillion ($1 billion). The VN-30 basket, comprising the …

The north faces an electricity shortfall of 30.9-50.8 million kilowatt-hours a day, and so risks long periods of cuts, according to the Ministry of Industry and Trade. Tran Viet Hoa, director of the ministry’s Electricity Regulatory Authority, said Wednesday the availability in the north, including imports, is 17,500-17,900 MW, or …

MacBook Air 15 M2 2023 is sold for VND32.9 million (US$1,394) for internal memory of 256 GB on Apple Store Vietnam. Apple Store Vietnam and local electronics retailers have also announced selling prices of MacBook Studio Ultra and Mac Pro 2023 at VND109 million and VND194 million or more, respectively. …

Egroup, the parent company of English language school Apax Leaders, has offered to prioritize payment to creditors who are in a “difficult situation” starting next month. The company would contact elderly, sick and other people who are going through a difficult time and pay them the money it owes, Egroup …

Businesses in northern Vietnam are struggling to keep operations going amid frequent load shedding as demand for scant power surges. A consumer goods factory with 2,000 employees in Bac Ninh Province was warned last week that could experience power cuts of up to 10 ten hours on certain days this …

Prime Minister Pham Minh Chinh has asked the Ministry of Finance to halve registration fees for locally-made or assembled automobiles starting July 1. A draft decree on the issue should be submitted to the Government for approval before June 15, he said. The cut will be in effect until the …

  The potted Lawson Cypress is decorated just like a miniature Christmas tree, attracting customers during Christmas. —  Photo cong thuong.vn HÀ NỘI — More than two weeks before Christmas, many people in Hà Nội have sought to buy pine trees to decorate their homes for this meaningful holiday. Many people in Hà …

Apartment owners are locked in disputes with building developers and managers over shared areas due to vague legal provisions, analysts said. Tran Khanh, chairman of the Hanoi Building Management Operating Club, said the law does not spell out which areas belong to owners and which are commonly owned, and this …

Home Credit promotes innovation and transformation through efforts to manage risk and find optimal solutions. Risk management is one of the most important aspects of Home Credit’s operations. Automatic decisions are made based on highly sophisticated scorecards and credit assessment processes, constantly increasing the usage and effectiveness of big data. …