The U.S. dollar rose against the Vietnamese dong at most banks on Wednesday morning. Vietcombank sold the dollar at VND23,880 Wednesday, up 0.21% from Tuesday. Eximbank set the rate 0.46% higher at VND23,910. The rate at Techcombank was at VND23,900, up 0.31%. The State Bank of Vietnam kept its reference …
Read More »Restaurants rely on giant fish to attract customers on Women’s Day
Many Ho Chi Minh City restaurants have bought giant fish weighing up to 100 kilograms to attract customers on International Women’s Day, March 8. A sushi restaurant chain said it has been delivered a 100-kilogram yellowfin tuna from Phu Yen Province just in time for the occasion. It is the …
Read More »Hanoi among world’s 100 best tourist cities
Hanoi has been ranked 97th in a global listing of the 100 best tourist cities in the world, according to leading tourism advisory firm Resonance Consultancy. Vietnam’s capital was chosen based on its high safety level and busy nightlife. To compile the ranking, the Canada-based company assessed the world’s tourist …
Read More »European firms raise concerns related to getting work permits
Getting a work permit for foreign workers in Vietnam is too arduous and takes months, European firms have complained. At a meeting between the European Chamber of Commerce in Vietnam (EuroCham) and the Ho Chi Minh City administration on Tuesday the business group said since the government’s Decree 152 took …
Read More »Opportunities await Vietnam and Japan’s economic partnership: PM
Vietnam and Japan’s established trade pacts and longstanding mutual trust create a host of potential partnerships, said Prime Minister Pham Minh Chinh. Speaking at the Vietnam-Japan High-Level Economic Conference on Tuesday in Hanoi in celebration of 50 years of bilateral diplomatic ties, Chinh urged Japanese companies to expand their investment …
Read More »Layoffs at real estate firms on the rise
Real estate firms in Vietnam are laying off a growing number of employees due to a stagnant property market. Hoang, a legal officer at a real estate company in Ho Chi Minh City, said four out of five people in his office have left the firm, so he is doing …
Read More »MacBook prices drop with new model launch
The price of MacBook Pro 2021 laptops has decreased by 11.2 % leading into the launch of the new model next week. Apple authorized resellers in Vietnam said a MacBook Pro 2021 sells for VND42.9 million ($1,813), down 11.2% since January and 18.9% from December 2021 when it was officially …
Read More »Fuel retailers ‘forced’ to sell despite huge losses
Gasoline retailers say they are being “forced” to sell despite losses of up to trillions of Vietnamese dong ($42.28 million), as the government has not allowed them to shut up shop. “At first we thought the disruption was short-term, but now it has lasted for over a year,” said Giang …
Read More »Foreign investors end 14-session net selling streak
Vietnam’s benchmark VN-Index rose 1.04% to 1037.84 points Tuesday, with foreign investors net buying for the first time in 14 sessions. The index closed 10.66 points higher after gaining 2.41 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 21.15% to VND8.25 trillion ($348.98 million). …
Read More »South Korean tourist found after getting lost in national park
A South Korean tourist who had gone missing inside Bidoup Nui Ba National Park in the Central Highlands province of Lam Dong on Monday has been found. The man’s health is in a stable condition and he only suffered some scratches on his hands, police said on Tuesday as cited …
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