Business

SJC gold price dropped 0.01% to VND66.9 million ($2,850.45) per tael Monday morning. Gold ring price fell 0.17% to VND55.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold prices slipped on Monday as a sturdy dollar made the greenback-denominated metal less affordable for buyers holding …

The U.S. dollar fell marginally against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback at VND23,480, down 0.17%. Vietcombank sold the dollar at VND23,660 Monday, up 0.13%. Eximbank sold the greenback at VND23,640, a 0.13% decrease, while the rate at Techcombank is VND23,655, …

The U.S. dollar fell marginally against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback at VND23,480, down 0.17%. Vietcombank sold the dollar at VND23,660 Monday, up 0.13%. Eximbank sold the greenback at VND23,640, a 0.13% decrease, while the rate at Techcombank is VND23,655, …

Restaurant operator Golden Gate has reported record profits of VND659 billion (US$27.9 million) for 2022, making a spectacular turnaround after making losses of VND430 billion the previous year. It operates over 20 restaurant and café brands like Kichi Kichi, Gogi House, Manwah, Kpub, iSushi, Hutong, Sumo, Vuvuzela, and The Coffee …

The government has sought the National Assembly’s approval to triple the duration of visa-free stays to 45 days for visitors from certain countries to foster the post-Covid recovery. A 45-day stay would give foreigners more time to explore Vietnam and seek business opportunities, thus facilitating tourism and socio-economic recovery, it …

Hanoi remained the most expensive place to live in Vietnam for the fourth year in a row, followed by Quang Ninh and Ho Chi Minh City, a national study has found. With a Spatial Cost of Living Index of 100 points, the capital was followed by Quang Ninh, 99.89 points, …

Bankrupt cryptocurrency exchange FTX has sent emails to many Vietnamese investors saying it seeks to refund their money. Hoang Quan, a crypto investor in Da Nang, is one of the recipients. He said: “At first I thought it was a scam email, but after many Vietnamese FTX users spoke about …

The government plans to have 1.5 million privately owned businesses by 2025 to make the private sector an important driving force for the economy. A recent resolution issued by the government envisages half of them being medium or large sized. Currently there are nearly one million private businesses, of which …

Property developer Tan Tao Investment and Industry Corp. has dismissed its CEO Dang Quang Hanh less than a year after he took the job. He is a younger brother of chairwoman Dang Thi Hoang Yen, who signed his dismissal order. But Hanh remains one of the company’s three board members. …

The government plans to have 1.5 million privately owned businesses by 2025 to make the private sector an important driving force for the economy. A recent resolution issued by the government envisages half of them being medium or large sized. Currently there are nearly one million private businesses, of which …