Wednesday , October 30 2024

Business

Business

Hoa Sen dispatch denies bond issuance

  A worker working at an HSG factory. A recent rumour about HSG’s issuance of bonds has caused panic among investors, dragging down its stocks to floor prices. Photo courtesy of Hoa Sen HÀ NỘI — Hoa Sen Group (HSG) announced a plan to issue bonds on April 3, 2019, …

Read More »

Wood exporters suffer as shipping fees eat profits

Wood exporters suffer as shipping fees eat profits

Vietnamese wood exporters are struggling with high container shipping fees to the U.S., with many saying they are eating into their profits and slowing post-Covid recovery. The average price of shipping a container from Vietnam to the U.S. East Coast has surged 3.4 times to $16,333 since January last year, …

Read More »

Hiking airfare cap won’t affect inflation: aviation head

Hiking airfare cap won’t affect inflation: aviation head

The proposal on raising the airfare cap has been calculated to protect customer interests and economic stability, said Dinh Viet Thang, head of the Civil Aviation Administration of Vietnam (CAAV). This is unrelated to the upcoming travel peak during the Reunification Day holiday, he said Thursday. Vietnamese people will have …

Read More »

Reasons why Aqua City remains on investor radar

Investors appreciate the potential of Aqua City’s price increase because of its advantages in terms of progress, transport infrastructure, location, planning, and utilities. Outstanding and different advantages Nguyen Dinh Trong, who purchased a villa in Aqua City, said that as Vietnam’s upper class grows, the demand for worthy real estate …

Read More »

Market driven down by banking stocks

Vũng Tàu PV Gas Dock Warehouse. PVGAS shares increased 3.14 per cent on Friday, cushioning the market’s loss. Photo pvgas.com.vn HÀ NỘI — Markets plunged on Friday, reversing the morning course as rising selling force weigh on the general sentiment. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index fell by …

Read More »

Upselling, demand for premiums returns to plague car market

Auto dealers are taking advantage of limited supply to sell at above listes prices, force customers to buy bells and whistles, and delay delivery of base model units. When buying a Toyota Veloz Cross, a much-awaited multi-purpose vehicle with a price tag of VND650-690 million ($28,400-30,000), customers are urged to …

Read More »

VN-Index closes week in red

VN-Index closes week in red

Vietnam’s benchmark VN-Index dropped 0.92 percent to 1,458.56 points Friday, closing the week with four sessions in the red. The index closed nearly 14 points lower after losing five points Thursday. It is now 44 points lower than the end of last week. Trading on the Ho Chi Minh Stock …

Read More »