Wednesday , October 30 2024

Business

Business

Việt Nam needs to standardise real estate brokerage

  Việt Nam has about 300,000 people working as real estate brokers. Photo baotainguyenmoitruong.vn HCM CITY — Việt Nam’s real estate market needs stricter regulations to standardise real estate brokers for the domestic property market to operate transparently. Nguyễn Hương, vice chairwoman of the Việt Nam Real Estate Brokers Association, said the …

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Lamborghini returns to Vietnam

Lamborghini returns to Vietnam

Luxury car brand Lamborghini is set to return to Vietnam in the second quarter after disappearing for over a year. The Italian company has selected S&S Automotive as its new distributor in Vietnam to replace CT Wearnes. It did not state why the partnership with CT Wearnes ended. S&S Automotive, …

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HSBC lowers Vietnam growth forecast

HSBC lowers Vietnam growth forecast

HSBC has lowered its GDP growth forecast for Vietnam from 6.5 percent to 6.2 percent due to inflationary pressures amid rising global energy prices. “Vietnam is facing multiple challenges given elevated global energy prices. It will increase its energy bills, deteriorating its terms of trade position,” the bank said. The …

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Phu Quoc has one of world’s most beautiful jungle resorts

American magazine Travel+Leisure listed Mango Bay Resort on Phu Quoc Island in southern Vietnam among 14 most beautiful jungle hotels in the world. Lying along Ong Lang Beach in Cua Duong Commune, the resort covers 20 hectares of indigenous natural forest and garden with 40 bungalows. These bungalows are decorated …

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Mixed fortunes for rubber industry

  A worker extracts latex from rubber trees. VNA/VnExpress News Photo HÀ NỘI — While some rubber firms are aiming high this year, others have had to lower profit targets due to various risks. According to the Vietnam Rubber Association, rubber materials shortages have recently pushed up latex prices, bringing higher …

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Top 10 prestigious real estate companies in 2022 announced

Under the impact of the COVID-19 pandemic in the past two years, the real estate industry was negatively impacted.— VNA/VnExpress News Photo HÀ NỘI — The Vietnam Report JSC has announced the top 10 prestigious real estate companies this year. The top 10 reputable companies in the real estate industry …

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Bullish sentiment boosts VN-Index above 1,500 points

Mobile World Investment Corporations’ head office in Thủ Đức, HCM City. The company shares hit the ceiling price yesterday, leading the market’s rally. Photo kinhtechungkhoan.vn HÀ NỘI — Shares finished higher on Friday as the market sentiment improved significantly, pushing the benchmark VN-Index above the psychological level of 1,500 points.  On …

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Bamboo Airways not affected by ex-chairman’s arrest

Bamboo Airways not affected by ex-chairman’s arrest

The Civil Aviation Authority of Vietnam says carrier Bamboo Airways is operating normally, unaffected by the recent arrest of its ex-chairman Trinh Van Quyet. The carrier’s key personnel, including pilots, cabin crew and technical staff are complying with all regulations, it reported to the Ministry of Transport Thursday, after an …

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VN-Index jumps to 12-week high

VN-Index jumps to 12-week high

Vietnam’s benchmark VN-Index surged 1.63 percent to 1,516.44 points, the highest in 12 weeks, with several blue chip stocks hitting new peaks. The index gradually increased throughout the day and closed 24 points higher in its third gaining session this week. VN-Index is now 0.8 percent away from surpassing its …

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