Aiming to become the pioneer among Vietnamese businesses in sustainable development, Phuc Khang Corporation has concentrated all efforts on creating global standard certified green buildings. Founded in 2009, Phuc Khang Corporation has been developing the multifield ecology including construction, education, commerce, consumption … orbiting real estate. At the very beginning, …
Read More »Việt Nam’s tuna exports up strongly in January
Purchasing tuna at Hòn Rớ Port, Khánh Hòa Province. In January, Khánh Hòa continued to be the largest tuna exporter of Việt Nam with a value of US$40 million. VNA/VnExpress News Photo Phan Sáu HÀ NỘI — Việt Nam’s tuna export turnover in January reached US$88 million, up 108 per cent …
Read More »Large-cap recovery boosts VN-Index close to 1,500 points
The entrance of Times City urban complex invested by Vingroup in Hà Nội. Vingroup shares led the market’s rally trend yesterday with a gain of nearly 2.9 per cent. Photo vinhomesgardeniacity.com HÀ NỘI — The market settled higher on Tuesday, backed by large-cap stocks, with the VN-Index getting closer to the key level of …
Read More »Good days ahead for Vietnam’s ultra-rich: report
The number of people owning more than $30 million in Vietnam, or the ultra-rich, will cross 1,500 in 2026, a 26 pct increase from 2021. This is an estimate contained in the latest annual Wealth Report released by U.K. property consultancy Knight Frank. It says Vietnam is expected to have …
Read More »Vietnam stocks gains and losses from Russia-Ukraine crisis
Oil and gas, fertilizer and steel stocks will benefit from the crisis in Russia-Ukraine, but animal husbandry-related ones will be hurt, BIDV Securities (BSC) has said. The crisis will not directly affect the Vietnamese economy since trade with the two countries accounts for less than 2 percent of Vietnam’s exports-imports. …
Read More »Gasoline prices soar to yet another peak
Vietnam gasoline prices set a new record Tuesday after authorities adjusted them upward for the sixth time in less than three months. The price of popular gasoline RON 95 and biofuel E5 RON 92 both rose 2.1 percent to VND26,830 and VND26,070, respectively. ($1 = VND22,820) The prices of other …
Read More »VN-Index back in the green
Vietnam’s benchmark VN-Index rose 0.58 percent to 1,498.78 points Tuesday with trading value remaining modest. The index opened in the green and continued sideways throughout the day. It closed 8.65 points higher after losing nearly 9 points Monday. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which …
Read More »Government urges quick resumption of pre-pandemic visa policy
Prime Minister Pham Minh Chinh has ordered the Ministry of Foreign Affairs to submit a plan on the resumption of a visa policy for foreign tourists like before the Covid pandemic. The move came as the country is scheduled to reopen inbound tourism in two weeks, but many foreign tourists …
Read More »HDBank, Thought Machine deal to strengthen digitisation in Việt Nam banking sector
HDBank signed an agreement with Thought Machine, a core banking solutions provider to global tier one banks, on February 25. — Photo courtesy of HDBank HCM CITY — HDBank signed an agreement with Thought Machine, a core banking solutions provider to global tier one banks, on February 25 during …
Read More »Fuel, food push consumer prices up in February
The consumer price index (CPI) was up 1.42 percent year-on-year in February as Tet in early last month pushed up the prices of food, dining and transportation. Gasoline prices surged 5.8 percent from January and transport prices increased by 2.35 percent as travel demand skyrocketed during Tet (the Lunar New …
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