Business

  The Bùi Viện Walking Street in HCM City’s District 1 is one of the most well-known night time spots for both locals and foreigners. — Photo tphcm.chinhphu.vn HCM CITY — HCM City is yet to tap the full potential of the night time economy despite evidence from other countries that it …

  An unused land slot. Obstacles related to land transfer has been slowing down equitisation in SOEs. — Photo congthuong.vn HÀ NỘI — Although equitisation and divestment of State capital in State-owned enterprises (SOEs) adds revenue to the State budget and improves corporate governance, the process is moving painfully slow …

  The Mekong Delta province of Tiền Giang plans to create a digital government, economy and society by 2025. VNA/VNS Photo TIỀN GIANG — The Mekong Delta province of Tiền Giang plans to complete digital transformation by 2025, ushering in a digital government, economy and society. Permanent Deputy Secretary of the provincial Party’s …

A worker checks products at a storage facility of Hòa Phát Group (HPG). The company’s shares surged more than 2.7 per cent, cushioning the market’s downside risk. — Photo hoaphat.com.vn HÀ NỘI — The market struggled on Thursday as large-cap stocks traded on both sides, causing the VN-Index to hover around the …

Grade A offices are seen to gain momentum in 2022 onward, as tenants begin to assess new hybrid working arrangements. Every employee desires an office that inspires productivity. But the past two years living with Covid-19 has made employees aware that they deserve more: An avenue for creative pursuits, and …

Vietnam saw 476,455 new retail stock accounts registered in May, a new record that nearly doubles the previous one. The figure quadrupled year-on-year even as the market plunged, showing a large number of new investors were joining the market to buy when prices were down. The May figure nearly doubled …

More land funds should be dedicated to building apartments for workers amid surging real estate prices and a huge shortage of affordable housing, Minister of Construction Nguyen Thanh Nghi said. The supply of affordable new apartments is not enough to cover the large demand, Nghi told the National Assembly in …

Real estate companies said they are facing difficulties in accessing capital following the tightening of loan regulations. Van Xuan Group, a HCMC-based housing developer, obtained a VND2 trillion ($86.3 million) loan for developing a new project. But the bank halted disbursement soon after construction began, saying its lending limit had …

Vietnam’s benchmark VN-Index dropped 0.01 percent to 1307.8 points Thursday with trade plunging to the lowest in 15 sessions. The index closed 0.11 points lower after gaining nearly 17 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange fell by 24 percent to VND12.68 trillion ($547 million), the …

  SVB Governor Nguyễn Thị Hồng was grilled by deputies at the ongoing NA’s morning session on June 9 relating to banking, gold and money related issues. — VNA/VNS Photo HÀ NỘI — Deputy Prime Minister Lê Minh Khái clarified a number of issues raised by National Assembly (NA) deputies regarding banking activities as …