Bach Long, the world’s longest glass-bottom bridge, offers the brave a special walkway 150 meters above a valley. Spectacular glass-bottom bridge opens for daredevils Spectacular glass-bottom bridge opens for daredevils
Read More »Market falls deeply, VN-Index loses 63 points
A warehouse of Hoà Phát Group. The company’s shares dipped nearly 6 per cent yesterday, weighing on the market’s general sentiment. — Photo hoaphat.com.vn HÀ NỘI — The stock market finished lower on Thursday, reversing its previous course due to a strong sell-off with many large-cap stocks hitting floor prices. On …
Read More »VN-Index plunges to a year low
Vietnam’s benchmark VN-Index plunged 4.82 percent to 1,238.84 points Thursday, a year low, as 163 out of 484 tickers on the Ho Chi Minh Stock Exchange hit the floor. The index stayed in the red throughout the day and closed over 62 points lower after gaining 7.97 points on Wednesday. …
Read More »Vinhomes to build half a million social housing units in five years
Real estate giant Vinhomes plans to construct 500,000 social housing units over the next five years, its chairman Pham Thieu Hoa said in the annual general meeting Thursday. Starting prices per unit will range between VND300-950 million ($13,000-41,200), he added. Its social housing projects, branded “Happy Home”, will have an …
Read More »IFC, HDBank in tie-up to help SMEs scale up finance, enter global supply chains
IFC and HDBank sign an MoU on May 11 in the US in the presence of visiting Prime Minister Phạm Minh Chính. — Photo chinhphu.vn WASHINGTON — The IFC and the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed a memorandum of understanding on May 11 to become …
Read More »Vietnam will prioritize US-invested projects with new technologies
Vietnam is prioritizing projects with new and advanced technology that are clean and contain high added value, Prime Minister Pham Minh Chinh told U.S. officials and businesses. The Vietnamese government commits to creating a fair and transparent business environment and U.S. companies can have assurance in their Vietnam investment and …
Read More »Vietjet to open three new routes to Japan
A Vietjet flight takes off at Tân Sơn Nhất International Airport in HCM City. — Photo courtesy of Vietjet HCM CITY — Vietjet will launch two direct routes connecting Hà Nội to the Japanese cities of Nagoya and Fukuoka and its first service from Bangkok to Fukuoka in July. The weekly service between Hà …
Read More »Shipping industry profits continue to rise on surging demand
High demand and tariffs continued to drive profits of shipping companies in the first quarter. State-owned Vietnam Maritime Corporation doubled its profits to VND688.9 billion (US$29.8 million) in the period, while its subsidiary Vinaship said profits rose to VND40.2 billion from VND3.2 billion in the same period last year. The …
Read More »Vinfast spots ‘golden’ opportunity to sell electric cars
A global shortage provides Vinfast with a “golden opportunity” to market electric cars and build its brand, Vingroup Chairman Pham Nhat Vuong said Wednesday. While there is a major shortage of cars, VinFast has received 4,000 electric car pre-orders for this year out of its plan to produce 17,000 units, …
Read More »Samsung kicks off Solve for Tomorrow 2022
The “Solve for Tomorrow” contest is an opportunity for students to be empowered to illustrate social responsibility and make a better community through technology solutions. Photo courtesy of the organiser HCM CITY — Samsung Vina Electronics Co Ltd (SAVINA), Samsung Electronics Vietnam Co Ltd (SEV), and Junior Achievement Vietnam (JA …
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