Business

The owner of e-wallet MoMo has purchased more than 4.4 million shares, or a 49 stake, in Hanoi-based CV Securities JSC (CVS). The deal was struck Thursday and Online Mobile Services JSC, or M Service, has received more than 4.4 shares from two shareholders of CVS – its vice chairman …

  A drilling rig of PVEP at Rạng Đông field. Photo pvep.com.vn  HÀ NỘI — PetroVietnam Exploration Production Corporation (PVEP) contributed more than VNĐ7.99 trillion (US$344 million) to the State budget in the first five months of 2022, surpassing the target by 92 per cent. To take advantage of high oil prices in the …

The iPhone 11, both used and new, remains highly popular in Vietnam three years after its release thanks to its features and affordable price. Thu Huyen, an office employee in Hanoi, chose the iPhone 11 over its successor, the iPhone 12, when considering the two of them at a store …

Prime Minister Phạm Minh Chính makes a field trip to the project area. VNA Photo HÀ TĨNH – Socio-economic, environmental and social welfare impacts of the Thạch Khê iron ore mining project must be taken into consideration thoroughly to soon decide whether or not to deploy it, Prime Minister Phạm Minh …

  People buy goods at a supermarket in HCM City. VNS Photo Thu Hằng HCM CITY — HCM City’s retail sales of goods topped VNĐ57.75 trillion (US$2.49 billion) in May, up 3.08 per cent against the previous month and 13.8 per cent from a year earlier, a report released last week by the city …

  At a press briefing held to introduce the first Vietnam Data Summit in HCM City on June 10. — VNS Photo HCM CITY — The role of data in digital transformation, data trends in the world, critical path to turning data into business value, data for small and medium-sized businesses, building a …

Authorities in popular resort town Da Lat have ordered a homestay facility to remove a surveillance camera it had installed in a room after receiving complaints from tourists. Le Anh Kiet of the local Department of Culture and Information said Friday officials visited the Barn Home Farm on Trieu Viet …

A shareholder has sold 1.55 million shares of online entertainment company Yeah1, five days after buying 500,000 shares more as its price surged. Nguyen Huu Thanh reduced his stake in the company by 5 percentage points to 0.79 percent on June 6, according to a company filing. He had bought …

Real estate company has FLC Group failed to get its shareholders to approve the dismissal of jailed board members and elect their replacements. The meeting on Friday lacked a quorum with shareholders with only a combined 33.7 percent stake attending, while the law requires 50 percent. It was called to …

  An investor holding corporate bonds. MoF is planning to establish a separate trading market for privately-placed bonds to improve transparency. — Photo cafebiz.vn HÀ NỘI — The Ministry of Finance (MoF) is suggesting amendments to Decree 153 on corporate bonds, tightening up on privately-placed bond issuance. The Minister of Finance, Hồ …