Business

Software engineers were both among the most sought after and best paid last year, according to job recruitment platform TopCV. Of 10 jobs it surveyed, information technology, especially software, was among the top paying professions. An intern in software received a monthly salary of 3-5 million (US$127-212), that compared with …

Gasoline and diesel prices on Monday gained for the first time since April 11. The popular gasoline RON95 went up 2.33% to VND21,490 per liter. Biofuel E5 RON92 rose 1.74% to VND20,480. Diesel increased by 1.70% to VND17,950. Fuel prices globally have been rising by 0.73-3% in the last 10 …

Vietnam’s benchmark VN-Index rose 0.33% to 1,070.64 points Monday with foreign investors net selling after three buying sessions. The index closed 3.57 points higher after losing 1.24 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 6.20% to VND12.53 trillion ($534.51 million). Foreign investors were …

Thai Son Investment Solutions Jsc has been fined VND870 million (US$37,100) for selling and buying back a stock in October last year without disclosing the information. The State Securities Commission of Vietnam announced the fine recently and prohibited the company from trading on the stock market for three months starting …

Vietnam Exchange, which manages the country’s two biggest stock markets, achieved profits of VND2.09 trillion (US$89.05 million) last year, up 56% from 2021. Its revenues rose by 66% to VND3.42 trillion though it had targeted a growth of only 4%. The state-owned company owns 100% of the Ho Chi Minh …

Luxury carmaker Bentley is recalling its Continental GT First Edition W12 and W12 cars in Vietnam to fix a faulty water pump that poses a threat of fire. Due to a design defect, the water pump could create a vacuum within the electrical area of the pump and cause liquid …

Over 735,000 tons of construction steel were sold in April, the second-lowest monthly sales figures since 2022, according to the Vietnam Steel Association. The sale was down 15% against the same period last year. Over 710,000 tons of construction steel were produced, posting the smallest monthly output since 2022, and …

Scrapping the price cap on air tickets will rob authorities of a tool to regulate the market and make aviation less accessible to people with low incomes, the government has said. Without a price cap, airlines could bring prices to a very high level, especially on routes with high competition …

Vietnam’s revenues from retail and services posted a double-digit growth in April, a rare improvement amid many economic challenges that have plague the country since the beginning of the year. “After sluggish GDP performance in the first quarter, Vietnam is still not out of the woods yet. In particular, we …

Power outages in Ho Chi Minh City, Hanoi and the northern province of Bac Giang have turned daily life, business and production upside down over the past few days. Hanh, the owner of a HCMC coffee shop in Go Vap District, said she had to close for half a day …