Business

The retail price of the MacBook Air M2 laptop dropped by VND2.1-3 million (US$89-127) to VND25 million in April and has risen back to VND28 million in May. The manager of an Apple distributor in Vietnam said retailers might have hiked the price because currently Air M2 inventories in the …

  Passengers on the inaugural flight between HCM City and Shanghai pose for a photo. — Photo courtesy of Vietjet SHANGHAI — Vietjet has inaugurated a new route connecting Shanghai with HCM City, facilitating convenient and easy travel needs of both residents and tourists. The route operates with seven round-trips per week, with …

Vietnam’s benchmark VN-Index dropped 0.11% to 1,057.12 points Thursday, ending a streak of three gains. The index closed 1.14 points lower after gaining 4.49 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 3.34% to VND11.53 trillion ($491.29 million). The VN-30 basket, comprising the 30 …

Gasoline and diesel prices in Vietnam fell for the third straight time Thursday afternoon. RON95 gasoline price dropped 5.91% to VND21,000 per liter, lowest since December 21. Biofuel E5 RON92 fell 6.07% to VND20,130. Diesel declined by 3.29% to VND17,650. Gasoline and diesel prices have been going down non-stop since …

People selling properties on the outskirts of HCMC and in neighboring provinces are willing to steeply lower prices but buyers are demanding 50% cuts, resulting in a deadlock. Hoang, a real estate broker with 15 years’ experience, said the current market slump has given rise to intense bargaining by buyers. …

Meme coin Pepe has achieved market capitalization of US$1.63 billion in less than a month since launch, creating a sensation around the world, including in Vietnam. Thuy Tien, an office worker in HCMC, said since the end of April, just after Pepe was launched, meme coins have been the main …

Only 22,700 new securities trading accounts were opened in April, the lowest number since March 2020, as investors’ enthusiasm continued to decline in a flat market. The number fell for a third month in a row, according to the Vietnam Securities Depository, which said on average over 40,000 accounts have …

SJC gold price gained 0.07% to VND67.15 million ($2,861.53) per tael Thursday morning. Gold ring price remained stable at VND57.45 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices went up, aided by a weaker dollar and economic worries, while investors seek further clarity on …

Higher prices due to a recovery in China and good inventory and cost management saw the steel industry put up an improved performance in the first quarter. The consolidated revenues of Hoa Phat Group, the company with a third of the construction steel market share, increased by only 3% but …

King crabs have risen to their highest prices ever of VND2.5-3 million (US$106-128) a kilogram following a 30% increase since the end of last year. Loan of HCMC’s District 5 tried to buy a king crab for her son’s birthday last week, but was shocked when she discovered the price. …