Business

Gasoline prices unexpectedly rose Monday by VND540-620 (US$2.3-2.6 cents) per liter, while oil products dropped by VND300-980 per liter. This is the fifth time retail fuel prices have been adjusted in only six weeks this year. The price of the Vietnam’s number one selling gasoline RON 95-III went up by …

National flag carrier Vietnam Airlines has announced to resume its Hanoi- Kuala Lumpur air route after three years of suspension. There will be be four weekly flights on Tuesday, Thursday, Friday and Sunday, the carrier said in a statement. Vietnam Airlines is currently operating the HCMC-Kuala Lumpur route with 11 …

Thai police are investigating a pickpocketing case in the popular seaside resort town of Pattaya after an Indian tourist complained he had his wallet robbed of 44,000 baht ($1,300). A group of Thai people approached the tourist after he left a convenience store late last week, the Thaiger news portal …

Over 20 banks posted a new profit record last year as the banking sector gained over VND265 trillion ($11.5 billion) in profits thanks to strong credit growth and reduced provisioning. The seven biggest lenders in terms of pre-tax profit were Vietcombank, Techcombank, BIDV, MB, VPBank, VietinBank and Agribank, each of …

Police in Thailand’s famous tourist hub Phuket late last week arrested a Russian man for illegally working as a tour guide, an occupation strictly prohibited for foreigners in the Southeast Asian country. The arrest came after police received a tip-off from locals that a foreign man acting as a tour …

SJC gold price continued to rise 0.07% to VND67.4 million ($2,854.73) per tael Monday morning. Gold ring price was steady at VND54.75 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold prices edged down on Monday as the dollar firmed, while investors awaited this week’s U.S. …

The government has set an economic growth target of 9% a year from now until 2030 for the Red River Delta, which includes Hanoi. It is 1.06 percentage points higher than the average rate in 2005-20, Minister of Planning and Investment Nguyen Chi Dung said at a conference Sunday. Industry …

Ban Gioc Waterfalls in Cao Bang Province on the border with China has been named among the world’s most Instagrammable international borders by the South China Morning Post. Ban Gioc along the Quay Son River that forms a natural border between Vietnam and China is 53 meters high and 300 …

It is his mission to turn the Samsung R&D Centerin Hanoi into the Korean company’s top global research and development center, its Vietnam chief, Choi Joo Ho, has said. “The first mission is to expand its research activities and enhance expertise,” the head of Samsung Vietnam Complex said at a …

It is his mission to turn the Samsung R&D Centerin Hanoi into the Korean company’s top global research and development center, its Vietnam chief, Choi Joo Ho, has said. “The first mission is to expand its research activities and enhance expertise,” the head of Samsung Vietnam Complex said at a …