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 »HCM City authorities set ambitious growth targets for this year and next
Despite multiple challenges facing it, HCM City has set ambitious growth targets of 7-7.5 per cent this year and 8-8.5 per cent next year. Foreign tourists are photographed in front of the iconic Independence Palace in HCM City that aims for growth targets of 7-7.5 per cent for this year …
Read More »Taiwan initiates anti-dumping investigation into Vietnamese cement and clinker
Taiwan (China) initiated an anti-dumping investigation into cement and clinker originating or imported from Việt Nam, with the alleged dumping margin against Việt Nam being 16.99 per cent. Workers load cement packages for export at Thị Nại Port in the coastal central province of Quy Nhơn.— VNA/VNS Photo Viết Ý …
Read More »Hundreds of flights canceled as Typhoon Ampil approaches Japan
Hundreds of Japanese flights and trains were canceled on Thursday in the middle of a major holiday week as Typhoon Ampil barreled toward Japan. Days after Tropical Storm Maria dumped record rains, Typhoon Ampil was set late Thursday to skirt the Tokyo region – home to almost 40 million people …
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 »Etiqa Insurance Singapore is HDB’s Appointed Fire Insurance Provider to HDB Flat Owners
Etiqa Insurance Singapore is HDB’s Appointed Fire Insurance Provider to HDB Flat Owners Insurer to provide basic fire insurance coverage starting 16 August 2024 SINGAPORE – Media OutReach Newswire – 16 August 2024 – Etiqa Insurance Singapore, a leading life and general insurer in Singapore, has been appointed as the …
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