Business

The U.S. dollar dropped marginally at banks and unofficial exchange points Friday morning. Vietcombank sold the dollar at VND23,750, down 0.29% from Thursday. Eximbank sold the greenback at VND23,720, down 0.34%. The rate at Techcombank is VND23,730, down 0.34%, The State Bank of Vietnam kept its reference rate unchanged at …

The US$220-million Samsung R&D Center in Hanoi, the Korean conglomerate’s biggest research facility in Southeast Asia, was inaugurated Friday. With the new facility, Vietnam has now gone beyond its role as a global production hub for Samsung and become a strategic base for major research and development, the company said …

The US$220-million Samsung R&D Center in Hanoi, the Korean conglomerate’s biggest research facility in Southeast Asia, was inaugurated Friday. With the new facility, Vietnam has now gone beyond its role as a global production hub for Samsung and become a strategic base for major research and development, the company said …

Consumer spending during the New Year holiday is expected to reach 103 billion baht ($2.96 billion), pushed by the country’s continued economic recovery from the pandemic. The estimated spending is an expansion of 20.1% from the 85.7 billion baht posted during the previous New Year period, the highest increase since …

Hong Kong delivery platform Lalamove has claimed its year-on-year growth in Vietnam doubled in the first 11 months this year. But it has not released figures for either year. Vietnam is a key and positive market, its CEO Paul Loo said during a recent visit to the country, and his …

Lender HSBC has raised its 2022 growth forecast for Vietnam from 7.6% to 8.1%, a prediction that if manifested would make the country the second fastest growing economy in ASEAN behind Malaysia. For Vietnam, 2022 was a year of booming recovery as the Southeast Asian nation appeared set to remain …

The land fever in recent years has helped many people improve their lives but also led to more family disputes in which people have assaulted, even killed others. Recently police in the northern province of Hung Yen prosecuted the case of three daughters burning down their mother’s house over inheritance. …

The Central Highlands resort town of Da Lat and Lan Ha Bay in northern Vietnam have made it to a CNN list of “18 most underrated places in Asia.” “With its fresh mountain air and pine forests…, Da Lat is a popular destination for local Vietnamese that isn’t as well …

Vietnam’s benchmark VN-Index rose 0.37% to 1022.61 points Thursday with foreign investors net selling after six consecutive weeks of net purchase. The index closed 3.73 points higher after losing 4.25 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 10.52% to VND12.90 trillion ($544.99 million). …

The volume of Vietnam’s pepper exports to important markets has decreased this year, but the country has retained its top spot in the global rankings, heard a conference held in Ho Chi Minh City on December 21. The Vietnam Pepper Association Chairwoman Hoang Thi Lien said in 2022, the product …