Business

Durian was the fastest-growing export to China among fruits in the first two months of this year, rising by 291% year-on-year to US$56.9 million. Besides, it accounted for 83% of fruit exports to that country, according to a report by the Agency of Foreign Trade under the Ministry of Industry …

Helicopter tours across Vietnam will be suspended until further notice after a copter crashed near Ha Long Bay on Wednesday, leaving four people dead and one missing. Dinh Viet Thang, head of the Civil Aviation Authority of Vietnam (CAAV), confirmed the suspension with VnExpress on Thursday. The move came after …

Hoi An authorities’ decision to collect entry fees from visitors from mid-May has sparked an outcry from foreign tourists and local business owners. On Monday they announced fees of VND120,000 (US$5.11) for foreigners and VND80,000 ($3.41) for Vietnamese, with the money to be used to improve infrastructure, restore downgraded relics …

Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licensed to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department. General director of the department Hoang Trung said, on November 9, 2022, the MARD and the General Administration of Customs China …

The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fulfill maturing bond obligations amid ongoing market turbulence. HoREA Le Hoang Chau said the move is expected to help bolster investor confidence in the market as many real estate firms have …

A “Night of Pho” event was held in Or Yehuda city, Israel, on April 4, introducing Vietnam’s noodle soup to local people. Ambassador Ly Duc Trung said that diners invited to try the signature food are those who know and love the country, people and cuisine of Vietnam, many of …

Vietnam’s benchmark VN-Index rose 0.22 percent to 1080.86 points Wednesday, after a sudden dip on Tuesday following 10 straight sessions in the green. The index closed 2.41 points higher after losing 0.83 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 5.28% to VND12.87 trillion. …

The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fulfill maturing bond obligations amid ongoing market turbulence. HoREA Le Hoang Chau said the move is expected to help bolster investor confidence in the market as many real estate firms have …

The U.S. dollar rose marginally against the Vietnamese dong Wednesday afternoon. Vietcombank sold the dollar at VND23,640 Wednesday, up 0.02% from Tuesday. Techcombank lowered the greenback by 0.04% to VND23,631. VIB kept the rate unchanged at VND23,650. The State Bank of Vietnam set its reference rate at VND23,602, same as …

Sixteen potential buyers have registered to purchase a combined 213 million shares of PGBank, almost twice the number its biggest shareholder is selling. The buyers, comprised of nine individuals and seven domestic organizations, have signed up to participate in the auction of 120 million shares of PGBank, or a 40% …