Monday , November 25 2024

Business

Business

Hoi An among world’s 10 most ideal car-free destinations: NatGeo

U.S. magazine National Geographic has recommended Hoi An ancient town in central Vietnam among the world’s 10 car-free tourist destinations ideal for Americans to visit this summer. “Hoi An, a UNESCO heritage site, features 1,000 buildings dating from the 15th through 19th centuries, including shophouses and pagodas,” NatGeo stated. The …

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Petrol prices surge past VNĐ31,000 a litre for first time

  The price of RON95 bio-fuel RON95 was increased by VNĐ921 to a maximum of VNĐ31,578 (US$1.37) per litre from June 1. — Photo petrolimex.com.vn HÀ NỘI — The retail prices of oil and petrol continued to rise yesterday following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance …

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Lien Phong brings global products to Vietnamese consumers

Lien Phong’s mission is to become a trade bridge for high-quality mother and baby products. Lien Phong Import-Export Co., Ltd., an importer of FMCG products, was a distributor of Australian milk in Vietnam. In recent years it has been expanding partnerships to become the exclusive import and distribution partner for …

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Warburg Pincus leads $250 mln investment in Novaland

Novaland plans to use $250 million investment from Warburg Pincus and others to increase its strategic land bank and complete development of some major projects. Novaland Investment Group Joint Stock Company (HOSE: NVL), a member of NovaGroup, announced the completion of a US$250-million round of funding by a consortium led …

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Gasoline prices surge to another new record

Gasoline prices surge to another new record

Vietnam’s gasoline prices set yet another record Wednesday after authorities adjusted them upward for the fifth consecutive time in less than two months. The price of popular RON 95 rose by 3 percent to VND31,570 ($1.36) a liter, while that of biofuel E5 RON 92 surged 2 percent to VND30,230. …

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Warburg Pincus invests $250 million in Novaland

Novaland plans to use $250 million investment from Warburg Pincus to increase its strategic land bank and complete development of some major projects. Novaland Investment Group Joint Stock Company (HOSE: NVL), a member of NovaGroup, announced the completion of a US$250-million round of funding by a consortium led by Warburg …

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VN-Index hits 3-week high

VN-Index hits 3-week high

Vietnam’s benchmark VN-Index rose 0.53 percent to 1299.52 points Wednesday, highest in three weeks, continuing its recovery. The index closed nearly seven points higher after losing over one point Tuesday. It has risen nearly 59 points in the last 10 sessions. Trading on the Ho Chi Minh Stock Exchange (HoSE) …

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