Business

121 gas stations in HCMC, or 20% of the city’s fuel retailers, were without fuel Monday because wholesalers couldn’t replenish their inventory on time. Many of the stations without gas are located in suburban areas, including Binh Chanh District (8), Binh Tan District (15) and Thu Duc City (21). Most …

Minister of Finance Ho Duc Phoc said his ministry has worked with bond issuers to ensure investors will get their money back. “Issuers have pledged to pay when their bonds mature. We will actively monitor and ensure investors’ interests,” Phoc said Monday. Many bondholders are worried that property developer Van …

It has been months since Hai Van last checked her purse since she makes almost all payments by scanning QR codes with her phone. The media company in Hanoi’s Cau Giay District says: “Whether it is having breakfast and lunch at the office, making supermarket trips in the evening or …

Il-Dong Kwon, Vietnam lead at Boston Consulting Group (BCG), says Vietnam has an opportunity to build a beyond-great enterprise culture in a time of technological revolution. “A young, vibrant economy like Vietnam certainly has the potential to attract and nurture beyond-great companies,” Kwon wrote, as he quoted insights from BCG’s …

Vietnam’s benchmark VN-Index rose 0.63% to 1042.48 points Monday as investors sought opportunities by purchasing dipping blue chips. The index closed 6.6 points higher after losing 38.6 points on Friday to close at a new low this year. It was the worst performing index globally last week. Trading on the …

Ho Chi Minh City has dispatched 80 fuel trucks to supply gas stations amid widespread complaints of lack of stocks. The trucks belonging to Petrolimex HCMC began plying late Sunday evening to deliver fuel to the company’s gas stations, deputy director of the city Department of Industry and Trade, Nguyen …

It has been months since Hai Van last checked her purse since she makes almost all payments by scanning QR codes with her phone. The media company in Hanoi’s Cau Giay District says: “Whether it is having breakfast and lunch at the office, making supermarket trips in the evening or …

Tan Viet Securities has said it is working with issuers to ensure investors are paid the principal and interest when their bonds mature. Tan Viet was the bond issuance for consultant for An Dong Investment Group Corp, a subsidiary of Van Thinh Phat Group, whose chairwoman, Truong My Lan, was …

Ho Chi Minh City has dispatched 80 fuel trucks to supply gas stations amid widespread complaints of lack of stocks. The trucks belonging to Petrolimex HCMC began plying late Sunday evening to deliver fuel to the company’s gas stations, deputy director of the city Department of Industry and Trade, Nguyen …

TC Motor, a distributor and assembler of South Korean Hyundai vehicles in Vietnam, will start selling the popular Czech Skoda cars next year. Under a deal it signed with Skoda Auto in Hanoi on Oct. 7, TC will start by distributing imported Skoda cars first before assembling them. The two …