American tourists are expressing a big interest in visiting Ho Chi Minh City next year after Vietnam lifted most Covid restrictions and resumed international flights, a report says. HCMC topped a list of 10 most trending tourist destinations with the frequency of searches up 769% year-on-year, according to the report …
Read More »Thien Long Group further invests in production, distribution
Thien Long Group has inaugurated its Clever Box store chain, put into operation a new plant and distribution center in the final quarter of 2022. According to a representative of Thien Long, the group had set a plan years ago to upgrade shopping experiences by building a store chain that …
Read More »900,000 Apax Holdings shares force sold
Over 900,000 shares of Apax Holdings have been forced sold by stock brokerages after hitting the floor 16 sessions in a row. Apax Holdings chairman Nguyen Ngoc Thuy, also known as Shark Thuy, said that 113,000 of his IBC shares were forced sold by Bao Viet Securities last week, according …
Read More »Hanoi’s first metro line gets $38M capital hike
The Cat Linh – Ha Dong Metro Line in Hanoi has received an additional VND911 billion ($38.6 million) capital increase. The money will come from state coffers, with 24.4% of it from domestic funds and the rest foreign funds, according to a decision signed by Deputy Prime Minister Le Minh …
Read More »PVOil back in the black after Q3 loss
PVOil had reported a loss of over VND373 billion ($15.5 million) in the third quarter and the biggest-ever profits of VND620 billion in the second quarter amid wild swings in global oil prices. State-owned Petrovietnam Oil Corp (PVOil) revenues for the full-year are expected to top VND100 trillion, double the …
Read More »Vietnam: bright spot of world economic landscape
Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies. “Let Vietnam’s success story be told to the world,” said CEO of HSBC Vietnam Tim Evans …
Read More »Mango export to South Korea rises
Vietnam exported 1,700 tonnes of mango to South Korea for $7.4 million over the past 11 months of 2022, up 19% in volume and 25% in value year-on-year, according to the Agency for Foreign Trade under the Ministry of Industry and Trade. These figures helped Vietnam become the third largest …
Read More »Trade to surpass $730B for first time
Vietnam’s trade is expected to reach US$732 billion this year, the highest ever, increasing 10% against last year, the Ministry of Industry and Trade said. Exports are estimated at $371.5 billion, up 10.5% against 2021, and imports at $360.5 billion, up 8.5%, resulting in a trade surplus of $11 billion, …
Read More »Foreign trade to surpass $730B for first time
Vietnam’s foreign trade is expected to reach US$732 billion this year, the highest ever, increasing 10% against last year, the Ministry of Industry and Trade said. Exports are estimated at $371.5 billion, up 10.5% against 2021, and imports at $360.5 billion, up 8.5%, resulting in a trade surplus of $11 …
Read More »VN-Index tumbles to 4-week low
Vietnam’s benchmark VN-Index dropped 3.44% to 985.21 points Monday, the lowest since November 25. The index closed 35.13 points lower after losing 2.27 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 9.65% to VND9.98 trillion ($422.75 million). The VN-30 basket, comprising the 30 largest …
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