Business

Ho Chi Minh City is one of the world’s top 10 destinations for remote workers thanks to its affordable cost of living, according to community site Digital Nomads. In Vietnam’s southern metropolis, the average monthly cost of living as $950 and the average internet speed as 20 Mbps, the site …

Power generation will be hit this year if coal supply is interrupted, Vietnam Electricity has warned. It is expected that coal demand would increase this year with the commissioning of the Thai Binh 2 Thermal Power Plant in the namesake northern province, EVN recently informed the Ministry of Industry and …

The price of durian jumped to a record high last month, while those of other fruits tripled their values from a year earlier as China’s reopening caused their exports to surge. China’s economy started to reopen on January 8 after 3 years of Covid isolation. Since then, the wholesale price …

Work on Aeon Mall Hue, the seventh mall of Aeon in Vietnam and the first of its kind in the central region, began on Saturday in central Thua Thien-Hue Province. Covering over 8.6ha, including 2,500 sq.m for vehicle parking, the shopping mall has areas for food, fashion, entertainment and supermarket. …

Property prices in the south are expected to continue falling for the next six to 12 months, especially at projects where speculation had pushed up prices. In Ho Chi Minh City’s outlying districts such as Binh Chanh, Nha Be, Can Gio, Hoc Mon, and Cu Chi, VnExpress found that sellers …

The price of durian reached a record high in Vietnam last month, while other fruits have tripled their values year-on-year as China’s reopening boosted imports of the products. China’s economy started to reopen on January 8 after 3 years of Covid isolation. Since then, the wholesale price of durian surged …

Any Vietnamese person that wants to gamble in a casino must show monthly earnings of at least VND10 million (US$424), the Finance Ministry proposed to the government. The income cap proposal is stated in a draft amendment to a decree, which was issued by the government in 2017 to regulate …

Forty-five years after arriving in Los Angeles, David Tran’s world-famous Sriracha chili sauce brand has made him the only chili sauce billionaire in the U.S. In 1979, David Tran, then 34, left Vietnam for the US. He settled in Los Angeles, California in early 1980. He set up a business, …

Though most workers have returned to work after Tet, companies need to recruit more since order books are recovering. On January 30 Thanh Cong Textile – Garment – Investment – Trading Joint Stock Company in HCMC’s Tan Phu District reopened after a 14-day Tet holiday, and more than 97% of …

Vietnamese exporters should beware that China is tightening quality control at its borders, said the head of the Provisional Vietnamese Business Association in China. At a forum promoting trade in agricultural products and food between Vietnam and China on Friday, Tra My, the association’s president, said if a batch of …