Business

Vietnam Airlines said it has carried over 60,000 passengers in the one year since its first direct service to the U.S. began. The average load factor on its HCMC-San Francisco service launched on November 28 last year has been 72%, the carrier said in a press release. There are three …

The recent fuel shortages happened because retail prices did not follow the principles of a market economy, and the government cannot mandate prices, Prime Minister Pham Minh Chinh said. “Businesses only operate if they gain profits. It is very difficult for the government to use administrative measures with them in …

Prices of gold bars branded SJC on Monday dropped 0.4% from the weekend to VND67.35 million ($2,716.82) per tael. Selling prices of gold rings remained unchanged, reaching VND54.05 million per tael. A tael is equal to 37.5 grams or 1.2 ounces. Globally, gold prices slipped on Monday, as a stronger …

Retail conglomerate Mobile World’s profit is set to decline by 10% this year to VND4.4 trillion ($177.63 million) due to sluggish demand caused by global problems. Mobile World, which sells a range of items like home electronics, bicycles and groceries, targeted revenue growth of 14% to VND140 trillion and profit …

Six takeaways from the most-updated nationwide report reveal what IT professional salaries and expectations in 2022-2023 look like. Designed to address and understand the multifaceted IT job market with tons of “rosy myths” about salary and tasks, “Salary & Job Expectation of IT Professionals in Vietnam 2022-2023” builds on a …

Vietnam’s seafood exports this year could reach $11 billion for the first time, spearheaded by shrimp, pangasius and tuna, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Truong Dinh Hoe, VASEP general secretary, said at a conference in HCMC Saturday that by November, seafood exports had already …

The U.S. dollar gained over the Vietnamese dong on the black market but slipped marginally at banks. The dollar rose 0.44% to VND25,030 on Saturday on the black market. Vietcombank, however, sold the greenback at VND24,840, down 0.05%. TPBank and Techcombank kept the rate unchanged at VND24,852 and VND24,850, respectively. …

After rising in 3 consecutive days, prices of gold bars branded SJC on Saturday dropped VND100,000 ($4.03) from the previous day to VND67.6 million per tael. Selling prices of gold rings also decreased VND50,000, to VND54.05 million per tael. A tael is equal to 37.5 grams or 1.2 ounces. SJC …

Some banks have hiked deposit interest rates to 10-10.35% amid low liquidity in the system. NCB is paying the highest interest rate of 10.35% for 12-month deposits of VND1 billion (US$40,300) downwards made online. For six-month deposits it is offering 10%. Over the past month lenders have increased deposit interest …

I am a nurse in a government hospital, earning VND5 million ($201), with two weekends off every month. Both my husband and I are from Nghe An, and we relocated to Dong Nai to settle. Our parents and other family members remain in Nghe An. My husband is 36 years …