Business

Vietcombank Securities Company (VCBS) forecasts that deposit interest rates in the third quarter of 2024 will continue to increase by about 0.3-0.5 percentage points. A bank teller counts money at a transaction office in Hà Nội. The average deposit interest rates have increased to 6.9-7.4 per cent per year for …

A 57-year-old man was arrested in Hong Kong on Sunday for allegedly stealing a Rolex watch worth HK$330,000 (US$42,000) and cash from a fellow passenger on a HK Express flight. The arrest followed a report from a 39-year-old man who claimed he had lost a bank card, a Rolex watch, …

The MoF emphasised the importance of amending and supplementing regulations on market manipulation in Decree 156 to align with current market realities. Two investors watch the market’s movements on a trading floor at a securities firm in Hà Nội. — Photo tuoitre.vn HÀ NỘI — The Ministry of Finance (MoF) …

With the Mid-Autumn Festival drawing near the mooncake market is bustling. Customers buy mooncakes at a supermarket in HCM City. Mooncake producers have launched many new products for the Mid-Autumn Festival this year. — Photo courtesy of Central Retail HCM CITY — With the Mid-Autumn Festival drawing near the mooncake market …

Dabaco has successfully distributed almost all of 92.6 million shares to existing shareholders and employees in the company, generating close to VNĐ1.3 trillion ($52.3 million). Workers packaging boiled eggs at a plant of Dabaco. — VNA/VNS Photo HÀ NỘI — Dabaco Group said that it is close to finalising its …

Brazil shipped 322,000 tonnes to Vietnamese market last year, accounting for 47 per cent of its total exports. Ly Ly Cao MATO GROSSO — Corn, the second most produced agricultural commodity in Brazil behind soybean, is unleashing new growth prospects for the country’s rural producers and boosting exports to other …

Dilip Shanghvi, the billionaire set to take 4,500 of his employees on a tour to Vietnam this week, is the founder of Sun Pharmaceutical Industries and India’s fifth richest man. The pharmaceutical tycoon, whose net worth was estimated by Forbes to be the fifth largest in India at US$29.3 billion …

Thailand, which previously ranked sixth after Japan and Taiwan (China), has climbed to fourth place with a seven-month export value of $123 million, a 70 per cent increase compared to the same period last year. Durian is ready to be harvested in Tiền Giang. Thailand has increased its orders for …

The Ministry of Finance has recently approved an increase in PVI Insurance’s charter capital from VNĐ3.5 trillion to VNĐ3.9 trillion (US$153.5 million). PVI headquarters in Hà Nội. The Ministry of Finance approved PVI Insurance’s second capital increase in five months, raising it from VNĐ3.5 trillion to VNĐ3.9 trillion (US$153.5 million). …

The S Hotel in Taiwan, established by Chinese entrepreneur Wang Xiaofei as a gift for his ex-wife, Taiwanese actress Barbie Hsu, has officially declared its closure. Taiwanese actress Barbie Hsu. Photo from Hsu’s Instagram Ettoday reports that Wang has sold the hotel, which confirmed on Aug. 21 that it would …