Business

Credit institutions are allowed to buy back corporate bonds before the previous 12-month waiting period, according to a new circular issued Monday by the State Bank of Vietnam, According to an old circular from 2021, banks were only allowed to buy back unlisted corporate bonds 12 months after the bonds …

Malaysia’s tourist industry has applauded its government’s move to ease the requirements of its My Second Home (MM2H) visa program, saying it will help boost economic and tourism growth. State Tourism and Creative Economy Committee Chairman Yeoh Soon Hin said he believed the move “was a crucial step” towards creating …

Airline catering company Noibai Catering Services earned revenues of nearly VND22 billion ($936,947) from selling milk tea last year, over 63% of it from sales aboard flights. According to its annual report, the company put milk tea on flight menus in July 2022. NCS’s milk tea is available on Vietnam …

Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh Province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park …

Military Commercial Joint Stock Bank Laos branch (MB Laos) released a new banking application for individual customers in Vientiane, Laos, on Monday. Several Laotian government officials and representatives of the State Bank of Laos and MB attended the app launch ceremony. The launch ceremony held in Vientiane, Laos. Photo by …

SJC gold price dropped 0.08% to VND67 million ($2,853.43) per tael Monday morning. Gold ring price fell by 0.09% to VND56.65 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold prices edged lower on Monday for a second consecutive session, as investor focus shifted to central …

The U.S. dollar rose against the Vietnamese dong Monday morning. Vietcombank sold the dollar at VND23,670 Monday, up 0.04% from Sunday. Eximbank sold the greenback at an unchanged rate of VND23,640. The rates at Techcombank and ACB are both stable at VND23,670 and VND23,700 respectively. The State Bank of Vietnam …

VN-Index dropped 0.15% to 1,041.36 points Monday with trade value remaining insignificant. The index lost 1.55 points after closing 6.34 points lower in the last session. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell 5.6% to VND9.13 trillion ($388.83 million). The VN-30 basket, comprising the 30 largest capped …

A total of 6,000 precious trees will be planted in the initial phase of a project at various locations across Vietnam, including Xuan Lien forest in Thanh Hoa Province and Ca Mau forest in Ca Mau Cape National Park. The forest restoration program is part of joint initiative “Vi Ban …

A total of 6,000 precious trees will be planted in the initial phase of a project at various locations across Vietnam, including Xuan Lien forest in Thanh Hoa Province and Ca Mau forest in Ca Mau Cape National Park. The forest restoration program is part of joint initiative “Vi Ban …