Business

Many bank customers are claiming they were tricked by staff into buying insurance products by making them think they were putting their money in some kind of deposit. When Do Nhu Huong went in June 2021 to a Saigon Commercial Bank branch in Hanoi to withdraw a mature deposits, an …

Vietnam’s benchmark VN-Index dropped 2.58% to 1054.28 points Wednesday, lowest in a week. The index closed 27.95 points lower after losing 4.46 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 7.40% to VND12.74 trillion ($535.58 million). The VN-30 basket, comprising the 30 largest capped …

A Chinese trader has imported 500 containers of tra fish weighing 12,000 tonnes from Vietnam right after China’s lifting of its zero-Covid policy, showing a positive signal for the sector this year. At present, China is the second biggest importer of Vietnamese tra fish, after the U.S. Last year, Chinese …

The U.S. dollar inched up against the Vietnamese dong at Vietcombank but dropped at some others Wednesday morning. Vietcombank sold the dollar at VND23,920, up 0.17% from Tuesday. Eximbank sold the greenback 0.29% lower at VND23,910. Techcombank let the dollar slide by 0.35% to VND23,925. The State Bank of Vietnam …

Tourism officials in Indonesia’s popular resort island of Bali have proposed the government extend its list of eligible countries for visa-on-arrival policy to 83. Among the 83 proposed countries are Algeria, Bangladesh, Kenya, Panama, and Zimbabwe, Tjokorda Bagus Pemayun, head of the Bali Tourism Agency, said according to the Coconuts …

An American tourist was found dead at a depth of 21 meters in the waters off Gili Trawangan Island, one of Indonesia’s famous tourist hotspots, police said on Tuesday. The 49-year-old tourist went missing on Sunday while diving in the area off the northwest coast of Lombok, around 35 kilometers …

The EBOOST charging stations are integrated with high-quality equipment to provide a secure charging process. According to Stefan Kaufmann, Founder, and CEO of EBOOST, electric vehicles are becoming the trend of modern lifestyles as they help reduce environmental pollution, which has reached an alarming level. However, the transition from fossil …

Rice farmers in the Mekong Delta have been switching to durian on thousands of hectares of lands despite warnings the soil is unsuitable and there will be oversupply. Tran Dang Khoa in Long An Province in the delta is busy preparing to harvest his durian crop he has sold to …

People in more than 10 cities and provinces want compulsory civil liability insurance for motorbikes scrapped because of its low efficacy. Public petitions have been submitted to the Ministry of Finance from Dong Nai, Binh Duong, An Giang, Quang Ninh, Lang Son, and Lai Chau provinces seeking abolition of the …

Social housing developer Hoang Quan Corp. (HQC) has seen its stock surge 26% within one week as the government announced plans to prioritize credit for affordable housing projects. HQC on Tuesday closed its second session at its ceiling price, having risen in five of the last six sessions to VND3,240 …