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SJC gold price fell 0.07% to VND66.95 million ($2,850.76) per tael Wednesday afternoon. Gold ring price stayed unchanged at VND56.45 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices steadied on Wednesday, trading in a tight range as support from a weaker dollar countered concerns …
Read More »Black Thorn durian gaining popularity in Vietnam despite high prices
A premium durian variety from Malaysia, Black Thorn, is now grown in Vietnam and is popular despite costing a steep VND800,000 (US$34) per kilogram. Black Thorn durian in the Mekong Delta. Photo by VnExpress/Manh Khuong Farmers grow it in the Mekong Delta and their trees have borne fruits this harvest …
Read More »New securities trading accounts quadruple in May
Nearly 105,000 stock trading accounts were opened in May, the highest number since last September and four times that of April, according to the Vietnam Securities Depository. It was also the first time the number of new accounts in a month had surpassed 100,000 since September. The VN-Index gained 3.3% …
Read More »Shophouses at apartment blocks find few takers
Shophouses in apartment buildings in Ho Chi Minh City’s eastern and southern parts, unable to find lessees for months, remain empty. More than a dozen shophouses at eight apartment towers on Mai Chi Tho Road have signs offering them for lease or sale. Last year some of them had food, …
Read More »Infrastructure upgrade needed to smoothen border trade with China
Border gates with China are being overwhelmed by the trade between the two countries, and need infrastructure upgrades. For nearly two weeks now the borders in the northern province of Lang Son have been trucks queue up by the hundreds to enter China. On Sunday 677 trucks were stuck there, …
Read More »KPT Group hosts events calling for plastic-free life
The plastic trash collecting event “Save the Sea, Go Plastic-Free” was held on Long Hai beach recently to raise awareness about preserving and protecting the ocean from plastic trash. The campaign took place to celebrate the World Environmental Day June 5, as part of KPT Group’s annual CSR (corporate social …
Read More »Saigontourist back in the black
Tour operator Saigontourist made after-tax profits of VND294 billion (US$12.4 million) in 2022, after incurring losses for two years. Saigontourist gained revenues of VND 4.1 trillion, up 3.6 times against 2021, according to its latest audited consolidated financial statements. The firm reported a loss of VND534 billion in 2021, its …
Read More »Correcting and Replacing: Dazzling Avenue of Stars Runway for Louis Vuitton and Pharrell Williams’ First Fashion Show Highlights Hong Kong as World-Class Stage for Mega Events
HONG KONG SAR – Media OutReach Newswire – 5 December 2023 – Hong Kong’s Avenue of Stars lit up in the glitziest fashion on Friday night (30 November) as French fashion house Louis Vuitton took over the promenade for its first-ever fashion show in the city. Overlooking Hong Kong’s stunning …
Read More »Chin-su introduces seasoning collection, instant pho at Seoul Food 2023
Chin-su, a brand of Masan Consumer, is accelerating its “Go global” strategy by introducing the Chin-su seasoning and pho collection to conquer the Korean market. South Korea is a key market for Masan Consumer Company (MCH), where the company has introduced a series of Chin-su branded products. The company brought …
Read More »VN-Index returns to 1,100 points
Vietnam’s benchmark VN-Index rose 0.96% to 1108.31 points Tuesday, closing above 1,100 points for the first time since Jan. 31. The index closed 10.49 points higher after gaining 6.98 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 10.92% to VND15.64 trillion ($665.90 million). The …
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