The chairman and CEO of electronics retail giant Mobile World have registered to buy a combined 1.5 million declining shares in their own company. Chairman Nguyen Duc Tai wants to buy 1 million shares between Nov. 14 and Dec. 13 either by order matching or put through. The purchase, if …
Read More »Last-minute buying pushes VN-Index up
Vietnam’s benchmark VN-Index rose 0.66% to 981.65 points Tuesday thanks to a surge in purchase in the last hour of trading. The index closed 6.46 points higher after losing 21.96 points on Monday, having ended in the red in the last four sessions. Trading on the Ho Chi Minh Stock …
Read More »Vietnam’s official tourism webpage makes giant leap in global ranking
The official site of Vietnam’s tourism industry has recorded a big jump in a global ranking of most visited websites over the past year. Vietnam.travel jumped by 291,565 places from last year to rank at 166,985 this year, making it the highest increase in Southeast Asia, according to traffic analysis …
Read More »BAT Vietnam releases ESG report 2021
British American Tobacco (BAT) Vietnam has released its ESG report 2021, marking the celebration of its 27-year journey in Vietnam. This document provides a strategic vision with clear standards and goals and offers an overview of BAT Vietnam’s sustainability activities and performance in 2021. BAT Vietnam ESG report 2021. Photo …
Read More »Hoa Phat steel sales fall by 42% in October
Hoa Phat Group’s sales plummeted by 42% year-on-year in October to 492,000 tons as domestic and global steel demand continued to fall. According to monthly data from Vietnam’s largest steel company, this is its lowest sales volume since February 2021. Construction steel sales fell by 45% year-on-year to 210,000 tons. …
Read More »Digital transformation to drive tourism recovery
With online travel bookings sluggish after Covid-19, firms are hoping to claim a bigger share of the $6-billion market by 2025 via digital transformation. Vietnam’s online travel market, which refers to transactions over the internet for flights, hotels and vacation rentals, fell from $5 billion in 2019 to $2 billion …
Read More »iPhone 14 Pro, Pro Max in short supply
Customers have been waiting for a month for delivery of iPhone’s latest models, the 14 Pro and 14 Pro Max, due to high demand and low supply, retailers said. Apple said on its website on November 7 (Vietnam time): “We continue to see strong demand for iPhone 14 Pro and …
Read More »Gold demand triples in Q3
Vietnam’s gold demand more than tripled to 12 tons in the third quarter from 3.3 tons a year earlier. Bullion and coin sales rose to 8.5 tons from 2.4 tons, and jewelry sales to 3.5 tons from 0.9 tons, according to a report by the World Gold Council. “Vietnam saw …
Read More »SCB holds meeting with An Dong bond buyers
The Saigon Commercial Bank has held a meeting with investors who bought bonds from An Dong Investment Group, a company it endorsed but which has allegedly committed fraud. The meeting in Ho Chi Minh City Monday came on city authorities’ instructions. Many investors said at the meeting that SCB employees …
Read More »Developers offer attractive incentives to boost year-end demand
Several attractive incentives will create opportunities for investors with available cash to purchase real estate products in the last quarter of this year. The last quarter is a golden time of the year for developers to launch new subdivisions with preferential payment policies to boost demand. Currently, attractive preferential policies …
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