Monday , December 23 2024

Business

Business

Organic products grow in popularity despite high prices

Sales of organic products have risen by 20-40% annually in the last few years, businesses report. Hoa of HCMC’s District 5 recently started shopping at a store specializing in organic foods near her home instead of traditional markets though prices are double. She says organic products not only stay fresh …

Read More »

Dollar steadies against dong, major currencies

The U.S. dollar fell slightly against the Vietnamese dong on the black market Friday morning and remained steady globally. Unofficial exchange points sold the greenback at VND25,530, down 0.18% from Thursday. Vietcombank kept its rate unchanged at VND25,210. The State Bank of Vietnam also made no adjustment to its reference …

Read More »

Going global revolutionises hiring at tech and creative firms

Amid the robust digital transformation in Việt Nam, information technology and creative industries have emerged as sectors with significant growth potential. Many businesses look to international and remote employees as a breakthrough solution to supplement their workforce. — Photo courtesy of EloQ HCM CITY — Amid the robust digital transformation …

Read More »

Durian exports hit $1.7B in 7 months

Overseas shipments of Vietnamese durian brought home approximately US$1.7 billion between January and July, according to the Ministry of Agriculture and Rural Development (MARD). Given favourable conditions, agricultural experts predict that durian exports will grow in the remaining months of the year, potentially pushing the total value to $3.5 billion …

Read More »

Total assets of VN credit institutions rise by 4.97%

Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VNĐ21.07 quadrillion, an increase of 4.97 per cent compared to the end of 2023 A customer makes transactions at a BIDV branch. BIDV continued to be the bank with the largest total assets …

Read More »

Banks race to issue bonds to raise capital

Many banks have issued large amounts of bonds to raise thousands of billions of Vietnamese đồng, pushing interest rates to around 8 per cent per year, much higher than that of normal savings.   A bank teller counts money at a transaction office in Hà Nội. Banking was the industry …

Read More »