Business

Vietnam’s benchmark VN-Index plummeted by 148 points in September, its biggest decline in 30 months and a steeper drop than most brokerages had forecast. It has fallen by 24.4% since the end of last year to 1,132 points. In September, it was among the top 10 worst performing indices in …

French luxury ship Le Laperouse, carrying 88 passengers, has become the first international tourist ship to dock at the Con Dao Archipelago after two years of Covid-19 disruption. French ship Le Laperouse seen near Con Dao Islands. Photo by VnExpress/Cuong Tran The ship arrived at the southern island Saturday after …

A one-bedroom apartment in HCMC’s Thu Thiem Peninsula costs VND6 billion ($251,400) as property prices surge in the most luxurious area in Vietnam’s biggest city. The apartment commanding a price of VND150 million per square meter is located near the Thu Thiem Tunnel and is the smallest accommodation in the …

With the economy recovering quickly and growing steadily since the beginning of the year, the Ministry of Planning and Investment expects GDP growth to top 8% this year. That would be significantly higher than the 6-6.5% target approved last year by the National Assembly. The ministry said in a review …

Property developers want the proposal on limiting apartment ownership to a certain number of years scrapped, warning it could dissuade people from buying. Tran Quoc Dung, deputy director of Hung Thinh Corp, a major developer of apartments in Ho Chi Minh City, said the city needs a lot more apartments, …

After reaching its highest nine-month growth in the past 12 years, Vietnam is poised to become Southeast Asia’s fastest growing economy this year. Le Trung Hieu, deputy general director of the General Statistics Office, said the agency expects Vietnam’s economy to grow by 8% in 2022 despite the not-so-positive economic …

Railway authorities have rejected Hanoi Train Street coffee shop owners’ demand to reopen on safety grounds. There are makeshift coffee shops and so-called selfie hotspots along the track that runs just feet from buildings in the heart of Hanoi’s Old Quarter. Two weeks ago, after they were closed down for …

Vietnam saw its national brand value increase by 11% this year to $431 billion thanks to its foreign direct investment policies. Its increase of $184 billion year-on-year was the third highest of any country, U.K. consultancy Brand Finance said in a recent release. The country went up one place to …

Buy2Sell, an e-commerce B2B platform in Singapore, has announced a new strategic partnership with Mastercard. For a global orientation to 2025, Buy2Sell is also moving towards expanding its cross-border sales through its e-commerce. Buy2Sell will enable multiple payment types to a variety of delivery channels via a single connection through …

Vietnamese-style sandwich banh mi broke into a list of 50 best-rated street foods in the world as compiled by international food magazine TasteAtlas. The baguette, which was brought over to Vietnam during the colonial period,” is one of the few happy legacies from the time,” TasteAtlas said. Banh mi, a …