Vietnam languishes near the bottom of a global ranking in post-pandemic international arrivals recovery after fully reopening its doors to foreign visitors mid-March this year. Keeping Vietnam company near the bottom are Japan and South Korea, a report shows. The number of foreign visitors to Vietnam this year is forecast …
Read More »Stock market sinks to 2-year low
Vietnam’s benchmark VN-Index dropped 3.89% to 947.24 points Thursday, the lowest in two years, with 29 blue chips falling. The index closed 38.35 points lower after gaining 3.94 points on Wednesday. It has fallen by nearly 37% this year. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by …
Read More »National Assembly fixes 2023 growth target at 6.5%
The National Assembly has set an economic growth target for 2023 at 6.5% and GDP per capita at $4,400. The target was approved by 93.57% of 466 lawmakers at a session Thursday. Vietnam’s GDP is set to expand by 8% this year, but the economy is set to face many …
Read More »Novaland stocks hit floor price 5 sessions in a row
NVL of real estate developer Novaland Group has been on the floor for the last five sessions due to market sentiment and negative macro-economy impacts, its leaders said. The board of directors shared this information with leaders of the Ho Chi Minh Stock Exchange in a filing after its stock …
Read More »Vietnam’s 100 best places to work ranking released
Abott Laboratories is the best place to work this year, climbing up from fourth in 2021, followed by Nestle Vietnam, Vietcombank and Viettel, a survey has found. Suntory PepsiCo Vietnam was sixth, followed by Coca-Cola, Samsung Vina Electronics, FPT, Techcombank, and Vingroup, according to the 2022 Vietnam 100 Best Places …
Read More »Experts divided on 250-kph transnational railroad
A 250-kilometer-per-hour railroad line that can transport both passengers and cargo is more desirable than passengers-only bullet trains, but will have higher technical requirements and cost more, experts said. The rail link, which the government is considering, would help increase the share of goods transported by railroad from the current …
Read More »How Nutricare innovates in medical nutrition industry
Doctor, CEO Nguyen Duc Minh talked about Nutricare’s decision to choose a difficult path, using innovation in medical nutrition to meet the demands of special customers. How Nutricare innovates in medical nutrition industry Video the next power trang tiếng anh – nutricare
Read More »Temps get short shrift as factory orders plunge
Temporary workers are being laid off abruptly and in droves by manufacturing establishments in Vietnam as orders decline on the back of global inflation weakening consumption in major export markets. “You are laid off, no need to come in tonight” was the text message that Nguyen Thi Ai Linh in …
Read More »Noodle soup stall scripts a 60-year story stretching from Guangdong to Saigon
Ms. Chanh has spent the better part of three decades running a hu tieu (thick rice noodles) stall in downtown HCMC after learning the trade from her uncle. Huynh Thi Dung, known to her customers as Ms. Chanh, serves bowls of scalding hot noodle soup at 7:30 a.m. on the …
Read More »Investigation of Tan Hiep Phat chairman temporarily suspended
An investigation into alleged fraud by Tran Quy Thanh, chairman of beverage maker Tan Hiep Phat (THP), and his daughter Tran Uyen Phuong has been temporarily suspended. The legal investigation period for this case is over and more assessment is needed for the alleged damage suffered by the accuser, a …
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