Sunday , November 24 2024

Business

Business

Vinamilk bags two int’l awards for sustainable development

Dairy giant Vinamilk received the “CSR & ESG Leadership Award” and “Best Country Award for Overall CSR Excellence” at a recent global event on sustainable growth. The world’s leading sustainable development event, the “Global CSR & ESG Summit and Awards 2022”, was held for the 14th year, and for the …

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Fuel supply to increase by 10-15% next year

Fuel supply to increase by 10-15% next year

The trade ministry has asked businesses to purchase from local refineries and import 25.9-26.7 million m3 of oil and gas in 2023, a 10-15% increase from 2022. Each business must be able to purchase or import the quantity of oil and gas as instructed, with two options on the table, …

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Sole bond issuance recorded in October

Sole bond issuance recorded in October

Only one private bond issuance was recorded in October, indicating that companies remain reluctant to mobilize cash using this channel after recent arrests of alleged fraudsters. Nui Phao Mining Company under the Masan Group was the only corporate bond issuer last month with a batch of VND210 billion ($8.45 million) …

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Tech unicorn VNG to list on UPCoM

Tech unicorn VNG to list on UPCoM

Vietnamese tech giant VNG Corporation is finalizing its list of shareholders to prepare for a listing on the Unlisted Public Company Market (UPCoM) exchange. Towards this, it has asked shareholders to complete their transactions before 5 p.m. November 28. All further transactions will be delayed until its shares are up …

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Gold prices rise

Gold prices rise

Prices of gold bars branded SJC on Wednesday increased VND100,000 ($4.02) from the previous day to VND67.5 million ($2,706) per tael. Prices of gold rings branded SJC dropped VND250,000 from the previous day to VND53.85 million per tael. SJC gold prices are higher than the world average by some VND15.3 …

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Dollar weakens at banks

Dollar weakens at banks

The U.S. dollar declined marginally at banks Wednesday but stayed unchanged at unofficial exchange points. Vietcombank sold the greenback 0.008% lower at VND24,855. TPBank let the dollar slide by the same rate. Techcombank sold the dollar at VND24,853, down 0.008%. The State Bank of Vietnam (SBV) set its exchange rate …

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Thai durian farmers feel threatened as Vietnam makes China debut

Thai durian farmers feel threatened as Vietnam makes China debut

Thai farmers who’ve enjoyed a virtual monopoly in exporting fresh durian to China are worried about Vietnam entering the fray because the latter’s proximity to the importer generates several advantages. When Vietnam’s first batch of fresh durian was exported to China under official quota in September, Thai farmer Busaba Nakpipat …

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TV sales boom a week before football World Cup

TV sales boom a week before football World Cup

Television sales have soared in the last two days as the football World Cup 2022 began unlike previous events when demand would skyrocket a month before kickoff. Hoang Thinh, 32, who was leaving an electronics store on Nguyen Trai Street, Hanoi, on November 22, said he had just bought a …

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