Sunday , November 24 2024

Business

Business

Balut among world’s 100 worst rated dishes: Taste Atlas

International cuisine magazine Taste Atlas has listed trung vit lon, or duck eggs with embryos inside, among the world’s 100 worst rated dishes in 2023, calling it “a popular, although unusual delicacy.” The dish only got 2.8 points out of five based on reviews of millions of travelers, experts and …

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Taxing housing necessary but challenging: experts

Taxing housing necessary but challenging: experts

Taxing housing will help make the real estate market more transparent and prevent speculation, but it is necessary to digitize data, ensure fairness, and avoid overlapping taxes, experts say. The government plans to enact a new law on real estate taxation in place of the Law on Agricultural Land Use …

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Stock market plunges

Stock market plunges

Vietnam’s benchmark VN-Index dropped 2.15% to 1,065.84 points Tuesday. The index closed 23.45 points lower after gaining 12.14 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 26.65% to VND12.17 trillion ($515.35 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 24 tickers …

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Interbank rate climbs up to 13%

Interbank rate climbs up to 13%

Nine-month interbank rate has climbed from 9.61% to 13% annually as of February 2, according to the central bank’s latest data. On February 2 banks borrowed VND225.7 trillion ($9.6 billion) from each other overnight at the rate of 6.26% per year, up 1.7% points from the end of last year. …

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Vietnam rice exports plummet on lower global demand

Vietnam rice exports plummet on lower global demand

Rice exports fell 17.4% year-on-year in January to US$203 million as global demand shrank. In volume terms, they declined by 20.9% to 400,000 tons, according to the Ministry of Agriculture and Rural Development. Global demand was lower since inventories remained high in many countries, it said. The U.S. Department of …

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Accor, Ennismore accelerate expansion across Southeast Asia

The regional growth strategy of Accor and Ennismore includes 28 openings across Southeast Asia, including Vietnam. Opening in Q1 2023, Mondrian Singapore Duxton will join an exclusive collection of eight Mondrian properties worldwide. Photo by Accor Accor, the region’s largest international hotel operator, and Ennismore, the fastest growing lifestyle hospitality …

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