Sunday , November 24 2024

Business

Business

Korean theater chain CGV pockets $361,000 a day

Korean theater chain CGV pockets $361,000 a day

South Korean cinema chain CGV Vietnam reported average daily box office collections of over US$361,000 in the third quarter. Revenues from the unit of the Korean entertainment giant CJ CGV were KRW45.5 billion ($33.6 million), or 50 times the amount last year when Covid-19 was at its peak, but also …

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Property brokers struggle amid market slump

Property brokers struggle amid market slump

After the frenzied activity at the beginning of 2022 the real estate market has slowed down in recent months, causing many brokers to lose their jobs. While he easily earned thousands of dollars during the boom, Son, a freelance land broker in the Central Highlands province of Dak Nong, says …

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Gold demand recovers to its pre-pandemic level

Gold demand recovers to its pre-pandemic level

Vietnam’s gold consumption reached 45.6 tons the first nine months of 2022, compared to 45 tons during the same period in the pre-pandemic year of 2019. In Q3, the country’s gold demand more than tripled to 12 tons from 3.3 tons a year earlier. Bullion and coin sales rose to …

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Trinh Van Quyet’s Rolls-Royce fails to sell in 3 auctions

Trinh Van Quyet’s Rolls-Royce fails to sell in 3 auctions

The gold-plated Rolls-Royce Ghost and FLC Albatross yacht, which are collateral for the debts of FLC subsidiaries, will be auctioned for the fourth and third time respectively after previous sessions attracted no buyers. The four-seater car, which was custom-made for former FLC chairman Trinh Van Quyet, will be auctioned at …

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128 million Novaland shares sold in one session

128 million Novaland shares sold in one session

Over 128.5 million NVL shares of property developer Novaland Group were bought Tuesday in a roller-coaster trading day but still the ticker closed its 14th session at floor price. The ticker rose by nearly 4% in the morning but started to fall before noon and closed on the floor with …

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Gold prices slip further

Gold prices slip further

Gold price at the state-owned Saigon Jewelry Company (SJC) dropped 0.15% to VND67.4 million ($2,712) per tael Tuesday. Jewelry firm DOJI maintained its price at VND67.4 million. Gold prices in Vietnam have gained by over 9.3% since the beginning of the year. Vietnamese bought 12 tons of gold in the …

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