Business

Vietnam’s 19 top state-owned corporations made collective VND83.17 trillion (US$3.526 billion) in pre-tax profits last year, but Prime Minister Pham Minh Chinh called the amount low given their hefty resources. The profits were up 23% year-on-year, the Committee for Management of State Capital at Enterprises said at a meeting with …

Maybe you want to try something new, maybe your country does not have the fresh fruit – either way, here are Vietnam’s best dishes and desserts made from durian. Banh dua sau rieng – Coconut cake with durian Banh dua, or coconut cake, is a Teochew (Singaporean-Chinese) cuisine that many …

As transactions remain scarce in the property market, new credit and bond policies could help boost demand starting from the end of next year, industry insiders say. Vietnam’s property market is now in a state similar to that of 2013, when transactions plunged and major changes in policies were needed …

The National Assembly Standing Committee has shot down a proposal by the government to cap apartment ownership duration citing violation of people’s rights. National Assembly Deputy Chairman Nguyen Khac Dinh said at a meeting Friday that the Standing Committee does not agree with the proposal, but there should be regulations …

SJC gold price surged 0.52% to VND67.5 million ($2,861.38) per tael Saturday morning, the highest since Feb. 8. Gold ring price jumped 1.74% to VND56.15 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices surged more than 2% on Friday as a wave of banking …

Masan High-Tech Materials has developed globally trademarked tungsten powders for 3D printing and battery technology. H.C. Starck Tungsten Powders (H.C. Starck), a member of Masan High-Tech Materials Corporation, now offers special tungsten powders and complementary innovation services for 3D printing (also known as “additive manufacturing”) under the ‘starck2print’ trademark. High …

The influx of expats into Vietnam, especially the capital Hanoi, has brought changes in various fields to meet their needs, including in real estate. Vietnam was the seventh best destination in the world for expats, according to the 2022 Expat Insider survey by InterNations, which threw up opportunities for the …

All 12 members of the Vehicles Importers Vietnam Association (VIVA) have asked the Government to reduce the registration fee on imported cars by 50% to spur demand. VIVA made the proposal in the context of a sharp drop in sales and gloomy market forecasts. According to the association, car importers …

Mrs. Ha’s rice rolls eatery is one of the well-known restaurants in Ha Giang in the northern highlands, which has been in business for three generations. On weekends, Mrs. Ha sells nearly 1,000 servings of banh cuon, or steamed rice rolls, each day. Sometimes, there are up to 100 customers …

Vietnam’s biggest annual auto show will not be held in October this year due to falling demand, a source told VnExpress. “The car market has been going through a quiet period so far this year due to declining demand and macro-economic challenges,” a representative of a German auto brand said, …