Business

While Da Nang, Phu Quoc and Nha Trang are expected to be less overcrowded during the long holiday break this weekend, a number of luxury resorts near Hanoi and HCMC are fully booked. Cao Tri Dung, chairman of Da Nang Tourism Association, said the occupancy rate at beachside accommodation facilities …

The A-segment will see new entrants this year, both petrol and electric cars, making competition hotter than ever despite the exit of several models. The city car segment shrank considerably last year as the Toyota Wigo, Honda Brio and VinFast Fadil exited due to not having Euro 5 emission standard …

Vietnamese exporters are facing challenges in meeting developed countries’ green energy and carbon-emissions standards. Recently many developed countries have raised their standards in imports to ensure environmental sustainability, said Minister of Industry and Trade Nguyen Hong Dien at a meeting Tuesday. “The new standards sound reasonable at first but they …

Vietnam’s benchmark VN-Index rose 0.57% to 1040.8 points Wednesday. The index closed 5.95 points higher after losing 6.51 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 21.39% to VND11.43 trillion ($911.08 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers …

The incidence of smuggling and selling counterfeit goods has doubled in HCMC this year, with authorities seizing goods worth billions of dong (VND1 billion = $42,580). The Market Surveillance Department has carried out 12,000 raids, 60% fewer than in the same period last year, but found nearly double the number …

The incidence of smuggling and selling counterfeit goods has doubled in HCMC this year, with authorities seizing goods worth billions of dong (VND1 billion = $42,580). The Market Surveillance Department has carried out 12,000 raids, 60% fewer than in the same period last year, but found nearly double the number …

Free tours of the HCMC government complex are available on April 29 and 30 for groups of up to 30 people. To visit the seat of government, that also houses the People’s Council, the legislature, people need to register online through a travel agency, the Department of Tourism website or …

The incidence of smuggling and selling counterfeit goods has doubled in HCMC this year, with authorities seizing goods worth billions of dong (VND1 billion = $42,580). The Market Surveillance Department has carried out 12,000 raids, 60% fewer than in the same period last year, but found nearly double the number …

The government plans to increase Agribank’s charter capital by nearly 50% to VND51.43 trillion (US$2.19 billion). It has instructed the State Bank of Vietnam to draft and present plans for this to the National Assembly in May. The hike is meant to take the bank’s capital adequacy ratio, now slightly …

Luxury jewelry brand Tiffany & Co. has opened a store in Ho Chi Minh City, two years after opening its first in Vietnam in Hanoi. The store in District 1, which had a soft opening last week, is part of a strategy by the 186-year-old jeweler to increase its presence …