Durian exports are forecast to surpass US$3 billion this year, according to the Vietnam Vegetable and Fruit Association (Vinafruit). Vietnam earned more than $1.3 billion from shipping durian abroad in the first six months of 2024, up 40% year-on-year. China has to date licensed over 700 growing area codes and …
Read More »$4 tracking devices flood online market
Tracking devices that connect to iPhones just like Apple’s Airtag are available for less than VND100,000 (US$4), and there are concerns they might be used for nefarious purposes. Tran Tien in Ho Chi Minh City recently bought five tracking devices for VND100,000 each and put them on his key chain, …
Read More »Vietnam top gold trader SJC to resume buying pre-1996, dented bars next week
State-owned Saigon Jewelry Company (SJC) will resume buying deformed gold bullion and ones made before 1996 starting Aug. 5 after a halt in buying possibly due to excessively large inventories. Customers have found recently that SJC stores no longer accept gold bars whose series number starts with only one letter. …
Read More »Imports match domestic products in auto market sales
Imported cars increased their share of the auto market by 7.9 percentage points from a year earlier to a full 50% in the first half of 2024. Locally produced or assembled vehicles usually outsell imported ones as they are not only more readily available but also cheaper due to faster …
Read More »We failed to lure our son abroad home even with a $300K inheritance
We begged him to return and even offered him the chance to inherit our properties but he only told us to keep them for ourselves. In recent years, sending your children to study abroad has become quite common. If a child excels and earns a scholarship, it is a great …
Read More »Vietnam manufacturing out grows fastest in 13 years
Vietnam’s month-on-month growth rate of manufacturing output in July was second highest on record, behind only March 2011, according to data tracker S&P Global. “A further substantial rise in new orders led manufacturers to ramp up production, with the rate of growth quickening to a near-record high,” the company said …
Read More »Quiz: Do young Singaporeans prefer renting or buying homes?
Guess whether those aged 22 to 29 in Singapore, the most expensive city in Asia, prefer renting or buying homes.
Read More »Old is not gold: Vietnam top gold trader SJC halts buying pre-1996, dented bars
State-owned Saigon Jewelry Company (SJC) has stopped buying deformed gold bullion and ones made before 1996, possibly because its inventories are too large. Customers have found recently that SJC stores no longer accept gold bars whose series number starts with only one letter. These were made before 1996, and since …
Read More »PVI posts over 15% increase in profit after tax in H1
The headquarters of PVI Holdings in Cầu Giấy District. — Photo courtesy of PVI HÀ NỘI — PVI Holdings experienced robust growth in both direct insurance and reinsurance premium revenues in the first half of the year. In its consolidated financial results for the first six months, the insurance group …
Read More »US DOC announces second administrative review of the anti-dumping of Vietnamese honey
The United States Department of Commerce (DOC) has announced the initiation of a second administrative review of the anti-dumping duty order for Vietnamese honey, according to the Trade Remedies Authority under the Ministry of Industry and Trade (MoIT). Packaging of honey at a factory in the southern province of …
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