Saturday , December 28 2024

Business

Business

Dollar gains at banks

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 …

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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 …

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Opportunities await Vietnam and Japan’s economic partnership: PM

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 …

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Layoffs at real estate firms on the rise

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 …

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MacBook prices drop with new model launch

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 …

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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 …

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Foreign investors end 14-session net selling streak

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). …

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