Business

  Hand-woven papyrus products for export from Yên Khánh District, the northern province of Ninh Bình. — VNA/VNS Photo Minh Đức HÀ NỘI — Việt Nam enjoyed a trade surplus of US$24.44 billion as of November 15 this year, according to data released by the General Statistics Office (GSO).   The office …

Vietnam’s benchmark VN-Index rose 0.03% to 1053.77 points Tuesday, continuing to go sideways. The index closed 0.33 points higher after gaining 13.13 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 13.41% to VND9.34 trillion ($398.04 million). The VN-30 basket, comprising the 30 largest capped …

  An unfinished urban residential complex in the central city of Đà Nẵng. — VNA/VNS Photo HÀ NỘI — Despite positive signs in recent months, the domestic property market is still facing numerous difficulties and challenges, heard participants at a recent conference organised by the Vietnam National Real Estate Association (VNREA) in …

Vietnamese lawmakers on Tuesday urged the central bank to consider cutting policy rates further to support the economy and help the country meet its economic growth target for the year. Vietnam’s growth slowed from 5.92% in late 2022 to 3.32% in the first quarter of 2023, prompting the State Bank …

Saigon Jewelry Company’s revenues soared by 60% last year to VND27.15 trillion ($1.2 billion) as gold bullion prices rose to record levels. SJC’s highest revenues in nine years meant its sales target was exceeded by almost half. The gross profit was VND250 billion, nearly double that of the previous year. …

Actress and singer Myolie Wu and her husband Philip Lee recently visited Phu Quoc, Vietnam’s biggest island in the south, where they stayed at a luxury resort and went on a cruise tour. Her husband shared their photos on his Instagram on Monday, receiving over 12,000 likes. The couple said …

  Facilities of PetroVietnam Gas JSC (GAS). GAS rose 1.6 per cent yesterday. VNA/VNS Photo HÀ NỘI Vietnamese markets rebounded on Friday, driven by the recovery of key stocks, but cautious investor sentiment kept liquidity low. On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index rose 0.73 per …

Electric vehicle maker BYD will set up a production base for electric cars and parts in Phu Tho Province to supply the domestic and Southeast Asian markets. Chairman of the Chinese company, Wang Chuanfu, told Vietnamese Deputy Prime Minister Tran Hong Ha at a recent meeting that it would invest …

The government is drafting new regulations that will require users of social media like Facebook, TikTok and YouTube to identify themselves to reduce objectionable content online frauds and scams. The platforms would be treated as domestic and must meet this requirement or else would be blocked, Deputy Minister of Information …

In 2022, Laos had a total of 18,076 newly registered enterprises, with a total registered capital of about US$7.5 billion, an increase of 42.94% compared to 2021, statistics of the country’s Ministry of Industry and Trade revealed. The positive signals from the business registration situation in 2022 have proved Laos’s …