Business

The U.S. dollar gained marginally against the Vietnamese dong at banks on Saturday morning. Unofficial exchange points sold the greenback 0.04% higher from Friday at VND23,460. Vietcombank kept the dollar unchanged at VND23,620. The rate remained stable at Eximbank (VND23,600) and Techcombank (VND23,618). The State Bank of Vietnam also maintained …

SJC gold price fell 0.15% to VND67 million ($2,857.44) per tael Saturday morning. Gold ring price plunged 0.8% to VND56.55 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold prices pulled back sharply on Friday after surging to a more than one-year peak in the last …

Ho Chi Minh City has exported 4.12 million ornamental fish so far this year, earning $4.28 million, an increase of 1% in value over the same period last year. Ornamental fish trading is one of the city’s six main industries, said Le Ton Cuong, Deputy Director of Fisheries Sub-Department at …

HSS Restoration Asia Group plans to expand cooperation and investment in clean energy in Vietnam. The company provides restoration services for air preheaters and gas heaters used in coal-fired power plants. HSS’s proprietary patent-filed restoration cleaning technology has been proven to lower carbon emissions by up to 2%. A turbine …

The U.S. dollar rose against the Vietnamese dong Friday afternoon at banks. Vietcombank sold the dollar at VND23,620, up 0.04% from Thursday. Eximbank sold the greenback at VND23,600, up 0.04%. The rate at Techcombank remained at VND23,617. The State Bank of Vietnam lowered its reference rate down 0.08% to VND23,588. …

Vietnam’s benchmark VN-Index dropped 1.07% to 1052.89 points Friday, the lowest since March 27, in its third straight session in the red. The index closed 11.41 points lower after losing 5.15 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 16.52% to VND13.33 trillion ($568.56 …

More than 100 businessmen and investors from countries around the region gathered in a recent event to check out The Global City township. Many investors showed an interest in The Global City of Masterise Homes at the introduction event last week, especially Chinese investors, because of its advantages and the …

Thai durians are flooding into Vietnam with prices up to five times higher than domestic fruit to compensate for the shortages created by a surge in exports to China. Hoang Anh, a fruit seller in Ho Chi Minh City’s Go Vap District, said that before this year she had never …

MindX, a startup that offers training in technology and programming, has received a US$15 million investment from a group of international funds in the Series B round. The funding round was led by Singaporean fund Kaizenvest, which has invested in many famous startups in the field of education technology (edtech), …

Japan has surpassed the US to become the biggest importer of Vietnam’s fishery products, with over $310 million in value in the first quarter of 2023. However, the revenue from this market still dropped 11% year on year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Exports …