Prime Minister Pham Minh Chinh has invited Romanian businesses to invest in Vietnamese oil and gas projects. Vietnam is expanding some of its refineries and building a gas-fired power plant, and these are investment opportunities for Romanian companies, especially those based in oil hub Prahova, the visiting leader said Sunday. …
Read More »Gold prices hit 10-day low
Saigon Jewelry Company gold bar price dropped 1.04% to VND75.95 million ($3,096.21) per tael, lowest since Jan. 12. Gold ring price went up 0.3% to VND64.05 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices were little changed on Monday, as traders cautiously awaited fresh …
Read More »Toyota recalls nearly 26,000 cars to tighten shock absorber nuts
Toyota Vietnam has announced the recall of 25,971 Avanza Veloz, and Yaris Cross cars to fix faulty front shock absorber nuts. The nuts were not tightened sufficiently due to design issues, and could become loose and cause noises, even fall off. The affected Toyota Avanza and Veloz models were manufactured …
Read More »Vietnam is South Korea’s hottest business-class travel destination
Vietnam is the destination with the highest number of business class bookings, followed by Thailand and Japan, according to data from Gmarket’s analysis of 2023 airline ticket sales in the South Korea market. Data released on Jan. 19 by Gmarket, a major e-commerce platform in South Korea, showed that the …
Read More »HCMC floating flower fair to celebrate Tet
The annual floating flower fair, one of Ho Chi Minh City’s most-visited attractions in Tet (Lunar New Year), will open at Binh Dong Wharf in District 8 from Jan. 25 to Feb. 9. The fair aims to create a cultural space and a tourism destination for local and foreign visitors …
Read More »As A Breakthrough Drug For The Expansive Osteoporosis Market, Bogutai® (Teriparatide Injection) Has Been Officially Approved By The China National Medical Products Administration (NMPA)
HONG KONG SAR – EQS Newswire – 22 January 2024 – Uni-Bio Science Group Limited (“Uni-Bio”, the “Company”, together with its subsidiaries, the “Group”), a leading biopharmaceutical company, is excited to announce that the China National Medical Products Administration (“NMPA”) has officially approved the marketing application for BOGUTAI® (teriparatide injection) …
Read More »Counter-cyclical fiscal policy recommended to continue in 2024
View of a supermarket in Hà Nội. The VAT reduction policy will stimulate consumption, which will help boost production as well. Photo thoibaonganhang.vn Compiled by Thu Hà HÀ NỘI — As the room for the fiscal policy remains quite large, Việt Nam in 2024 should continue to pursue the counter-cyclical …
Read More »Bullish momentum expected to remain
An investor watching stock movements on a digital board. — Photo baochinhphu.vn HÀ NỘI — The Vietnamese stock market has witnessed an impressive trading week with listed companies starting to disclose their fourth quarter business results, while an extraordinary National Assembly session has provided positive supportive information. Last week, the …
Read More »Banks to maintain stock dividend payouts for capital boost and cash flow growth
HÀ NỘI — Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects. Bắc Á Commercial Joint Stock Bank (Bắc Á Bank) is making preparations to issue over 62.5 million shares, equivalent to …
Read More »Land investment no longer a free ticket to riches
With land prices rising above their true value and demands dwindling, major losses are inevitable for people who invest in land. Regarding the topic of land investment, I have always held the belief that “people may perish, but land does not” and as time goes by, people only continue to …
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