Sunday , December 29 2024

Business

Business

Hyundai distributor reports revenue of $5B

Hyundai distributor reports revenue of $5B

Thanh Cong, distributor of South Korea’s Hyundai automobiles in Vietnam, recorded a revenue of VND118 trillion ($5 billion) last year, an increase of 15.6% over 2021. The Thanh Cong Group sold more than 81,500 Hyundai automobiles of all kinds during the year, accounting for some 16% of the country’s total …

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Salaries of mid- and senior-level employees to rise by 5-25%

Salaries of mid- and senior-level employees to rise by 5-25%

Middle- and senior-level employees are likely to see their salaries rise 5-25% this year, according to surveys by several recruitment agencies. According to the results of a recent salary survey conducted by Navigos, nearly 27% of respondents said salaries of middle- and senior-level employees will rise by from 5% to …

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Vietnam fuel imports doubled in 2022

Vietnam fuel imports doubled in 2022

Vietnam’s fuel oil and gasoline imports almost doubled to US$9 billion last year from $4.9 billion in 2021. Volumes were 28% up to 8.9 million tons. Diesel accounted for 54% of the volume, gasoline for 19% and jet fuel for 16%. South Korea was the biggest supplier, providing 3.2 million …

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Dollar declines on black market

Dollar declines on black market

The U.S. dollar dropped 0.04% to VND23,540 at unofficial exchange points Saturday morning. Meanwhile, the dollar rose slightly against the Vietnamese dong at some banks. Vietcombank sold the greenback at VND23,630, up 0.04% from Friday. The rate at Techcombank is VND23,645, up 0.06%. Eximbank and ACB kept the rate unchanged …

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