HCMC is the most favored destination of Vietnamese tourists for the New Year’s Eve holiday, followed by northern highlands town of Sa Pa, per Agoda booking data. The Central Highlands town of Da Lat is third, followed by Hanoi and Phu Quoc Island off the Mekong Delta province of Kien …
Read More »Young Vietnamese look to cryptocurrencies to get rich quick
Cryptocurrencies are becoming a new investment favorite in the country, but many are learning what goes up rapidly could come down at the same speed. This year Minh Quan of Hanoi started to study the cryptocurrency market for the first time after a friend urged him to invest in it. …
Read More »Foreign investors net buyers for fifth straight session
Vietnam’s benchmark VN-Index rose 0.01 percent to 1,485.97 points Thursday with foreign investors net buying for the fifth session in a row. The index struggled to break off the 1,480 range and closed 0.15 points higher after falling nine points Wednesday. This was its fourth session in the green in …
Read More »Trade rises to new high
Foreign trade surged 22.6 percent in 2021 to a new high of $668.5 billion despite the supply chain disruptions caused by Covid-19. Exports were up 19 percent at over $336 billion, but domestic companies only accounted for 26.4 percent of it. Over 35 categories of goods saw exports of over …
Read More »Abbott healthcare technologies changing the world
Abbott has continuously launched technology innovations in Vietnam as part of its efforts to tackle challenging health problems in chronic and infectious diseases. Since March, 2021, Vietnamese people living with diabetes can now check their glucose level without having to make painful finger sticks following Abbott Vietnam’s launch of FreeStyle …
Read More »Ministry proposes no centralized quarantine for passengers from Omicron-hit countries
The Transport Ministry has recommended that the country imposes no mandatory quarantine for visitors arriving from Omicron-hit countries, because it would make the resumption of international flights impossible. The government had announced Monday that everyone coming from countries and territories where the Omicron variant of the coronavirus has been detected …
Read More »China stops dragon fruit imports from Vietnam
China has imposed a four-week ban on dragon fruit imports through a major Vietnamese border gate after detecting Covid-19 in some previous shipments. The ban, to last until January 26 on delivery through the Huu Nghi Border Gate in Lang Son Province, applies to four varieties of dragon fruit shipped …
Read More »Mother, baby store chain conquering $7 bln market
Luu Anh Tien, CEO of Con Cung Corporation, shared how the company has become a pioneer in the category of moms and children’s products with 5 million customers across the country. Mother, baby store chain conquering $7 bln market ABC
Read More »Singapore partner pulls out of Vietnam taxi joint venture
Singaporean transport firm ComfortDelGro has decided to sell its entire stake in the Vietnam Taxi Company to a local company and pull out of Vietnam. Under a deal it has signed, it will transfer its 70-percent stake in Vinataxi to the HCMC-based Helios Service and Investment Joint Stock Company for …
Read More »Netstars Vietnam partners with M-service to promote non-cash payment for TeteShop users
Netstars Vietnam will cooperate with Mobile Online Services JSC (M service) to provide grocery stores with payment solutions both online and offline. Netstars Vietnam will cooperate with Mobile Online Services JSC (M service) to promote non-cash payment for grocery stores. Photo by Netstars Vietnam The collaboration agreement signed by Netstars …
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