Business

Vietnam does not figure in Apple’s plans for launching 15 new or rebuilt stores in the Asia-Pacific region from now through 2027. The U.S. tech giant plans to either build, remodel or relocated 15 sites in China, five in Japan, three in India, two in South Korea, and one each …

Vietnam spent nearly $270 million on importing 10,000 completely-built automobiles (CBUs) in May, a decrease of 6.3% from a year earlier. Compared to the same period last year, automobile imports in May were down 5.2% in quantity and 9.1% in value. Imported CBUs have declined for two consecutive months in …

Property developer Saigon Glory, a subsidiary of Bitexco Group, reported a loss of VND152 billion (US$6.47 million) for last year. The company, which is building the 8,600-square-meter One Central HCM twin towers in Ho Chi Minh City’s District 1, has a debt obligation of over VND27.3 trillion, 36% of them …

SINGAPORE – Media OutReach Newswire – 5 December 2023 – The first launch of “The Human Memories Project” initiated by GIGATREE of Singapore was successful. The launch, which carried two satellites (Elliptical Space-Time Star Pool 1, Group II, Stars A/B), was launched at 12:10 p.m. on December 4, 2023, by …

The index of industrial production (IIP) in May increased by 2.2% against the previous month, according to the General Statistics Office (GSO). Compared to last year, the index inched up 0.1%, with power production and distribution as well as waste/waste water management and treatment expanding 5% and 6.8%, and processing-manufacturing …

Some developers managed to sell apartments and houses in Ho Chi Minh City and Hanoi last month despite the frozen property market. An apartment project in HCMC’s Binh Tan District sold 47 units, the highest monthly number in the project this year. Minh, a real estate broker, attributed the sales …

BANGKOK, THAILAND – Media OutReach Newswire – 5 December 2023 – Novo Nordisk, a global healthcare corporation, celebrates a remarkable milestone this year – 100 years of innovation and leadership in diabetes care and other serious chronic diseases. As a pioneer in the industry, we have been committed to improving …

The U.S. dollar rose against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback 0.13% higher from Sunday at VND23,530. Most banks kept the dollar unchanged. Vietcombank sold it at VND23,650, Eximbank VND23,630, and Techcombank VND23,700. The State Bank of Vietnam kept its reference …

If bank lending interest rates drop to below 10% and remain steady, money will return to the frozen real estate market, experts reckon. Doan Chi Thanh, business director of Khoi Thanh Construction and Building Business Company, said the real estate market liquidity would improve if the rates decrease to 9-10%, …

Vietnam will earn US$1 billion from exports of fresh coconuts and products made from them this year, up from $900 million last year, the Vietnam Coconut Association has said. China has stepped up coconut imports, enabling Vietnam’s exports to increase, it said. Five years ago Vietnam was not on the …