Quang Ninh, home to world famous Ha Long Bay, would debut its nightlife cruise service at Ha Long International Passenger Port from Thursday night to revive its tourism industry. Thirty tourist boats, all newly designed to ensure safety requirements at night, will be available from 6 p.m. to 10 p.m. …
Read More »‘Cheapest’ apartments beyond reach of HCMC workers
Social housing remains beyond the reach of HCMC workers who are struggling with rising living costs and low incomes. Dwindling supply of “affordable” apartments doesn’t help, either. Ride-hailing bike rider Nguyen Thi Thu Phuong pays VND1.5 million ($65.27) a month to rent a room in District 7, which is around …
Read More »Vietnam records moderate inbound tourism recovery after reopening: Google
Vietnam has experienced a “moderate” recovery of inbound travel demand in March after the country eased travel restrictions, search volumes from Google reveal. Data from Google searches showed inbound travel demand into Vietnam last month stood at 55 percent of pre-pandemic levels, lower than that of the Philippines (104 percent), …
Read More »VN-Index gains with plunging trading value
Vietnam’s benchmark VN-Index rose 0.93 percent to 1,353.77 points Wednesday but with trading value lowest in nine months as investors sentiment remain low after recent plunges. The index stayed in the red throughout the day but strong buying pressure in the last hour of trading pushed it up over 12 …
Read More »Bayer’s pharma division thrives on innovation to address unmet needs in Asia – Pacific
2021 marked the 10th consecutive year of growth of Bayer’s pharma division in the Asia Pacific. Business in the region contributed to almost one-third of Bayer’s global pharmaceutical sales. Key growth drivers also came from South Asia with India delivering a strong 11 percent growth and Pakistan with 2 percent, …
Read More »SABECO targets revenue of US$1.67 billion in 2022
SABECO will further step up the transformation journey and accelerate its growth and development this year. — Photo courtesy of the firm HCM CITY — Saigon Beer-Alcohol-Beverage Corporation (SABECO) has set a revenue target of VNĐ34.8 trillion (US$1.67 billion), and after-tax profit of VNĐ4.58 trillion ($199 million) in 2022, …
Read More »VIB records nearly VNĐ2.3 trillion pre-tax profit in in Q1
VIB is striving to reach 10 million customers by 2026, focusing on developing a customer ecosystem on a variety of smart financial platforms.— Photo courtesy of VIB HÀ NỘI — Vietnam International Bank (VIB) has announced pre-tax profits of nearly VNĐ2.3 trillion in the first quarter of this year …
Read More »Southeast Asia’s 1st NFT trading platform launched in VN
HCM CITY — A non-fungible token trading platform, OpenLive NFT Marketplace, was inaugurated in HCM City on Monday. Developed under the OpenLive project, it is the first digital technology platform in Southeast Asia to exchange, buy and sell NFT assets. OpenLive is not just an NFT digital asset trading platform, but …
Read More »Construction giant Hoa Binh eyes billion-dollar profit, overseas expansion
Hoa Binh Construction should focus on expansion to increase its annual profits to US$1 billion and revenues to $20 billion by 2032, its chairman has said. “To achieve those milestones, Hoa Binh must expand to foreign markets,” Le Viet Hai said at the company’s annual general meeting Monday. Hoa Binh’s …
Read More »Former National Assembly general secretary becomes Vinamilk chairman
Nguyen Hanh Phuc, the former National Assembly general secretary, has been appointed chairman of dairy giant Vinamilk until 2026. Shareholders Tuesday voted for him to replace Le Thi Bang Tam, who resigned from the job after nearly seven years. Phuc, 63, was the legislature’s general secretary from 2016 until November …
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