Business

The Ministry of Finance has proposed a number of measures to ease difficulties for bond issuers after a recent crackdown on violations deterred businesses from venturing into the market. In a draft decree that is being reviewed by other government agencies, the ministry has proposed that bonds can have their …

SJC gold prices went up 0.3% to VND67.1 million per tael Wednesday. Gold ring prices inched up 0.37% to VND54.2 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global gold prices traded in a narrow range on Wednesday, as investors awaited the U.S. Federal Reserve’s policy decision …

Vietnam is the top pick for Thai travelers looking for a year-end trip thanks to the easing of Covid restrictions and cheap prices, a Thai official said. Charoen Wangananont, president of the Thai Travel Agents Association, told Bangkok Post that Vietnam also has many ports of entry for air travel, …

Vietnam Electricity wants power prices to be managed in the same way as fuel by taking into account the changing costs of production and not fixed at certain levels. Input costs surged to high levels this year, with oil and gas prices rising by double-digits and that of coal by …

Hai An Transport and Stevedoring Joint Stock Company expects to report profits of VND835 billion (US$34.8 million) this year, its highest ever, mainly due to higher freight rates. This represents a 50% increase from last year. Hai An, whose core businesses include port services and marine transport, eyes revenues of …

VinFast has scrapped its trade-in program launched two years ago due to weak demand. In May 2020 VinFast, a subsidiary of private conglomerate Vingroup, launched a unique buyback scheme, offering to exchange any brand for its own models on which it also offered discounts. The company is replacing the scheme …

Only 213 were sold in HCMC and neighboring Binh Duong Province, and none in other southern localities, , according to DKRA Vietnam. The sales numbers plummeted by 89% partly because supply, especially in new projects, decreased sharply, it explained. Tightened credit conditions also played a part by making it difficult …

CNN has begun broadcasting commercials highlighting Ho Chi Minh City’s colorful festivals and cuisine to audiences in the Asia-Pacific and North American regions. This is the first time the city has been featured on the popular cable news network. The Notre Dame Cathedral in HCMC’s District 1 is under innovation, …

SJC gold prices dropped 0.3% to VND67 million ($2,838.38) per tael Tuesday. Gold ring prices slipped 0.18% to VND54 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold edged up as the dollar weakened, but prices kept to a tight range in the run-up to U.S. …

Vietnam’s benchmark VN-Index rose 1.49% to 1047.45 points Tuesday. The index closed 15.38 points higher after losing 19.74 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 19.29% to VND13.24 trillion ($560.9 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 24 tickers …