Business

The People’s Committee of Mekong Delta city of Cần Thơ on July 24 held a working session with Fujitsu Limited of Japan on a project on providing technical support for the locality, aiming to build a smart city model through digital transformation in land management.   Vice Chairman of Cần …

Pangasius export turnover reached $918 million in the first six months of the year, a growth of five per cent over the same period last year. Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. — VNA/VNS Photo Vũ Sinh HÀ …

Loans given by the HCM City Finance and Investment State-owned Company to priority sectors that drive socio-economic growth will be subsidised by the city starting July 29. A mechanical engineering company. Businesses in various priority sectors that help drive socio-economic growth in HCM City will get interest rate subsidies starting later …

Việt Nam is likely to be the fastest-growing economy in ASEAN in 2024, a spot it lost to Malaysia and the Philippines in 2022 and 2023, respectively, according to a report released by HSBC’s economists. Việt Nam’s export recovery is still led by electronics, but starting to broaden. — Photo …

Taiwan plans to launch a special visa for digital nomads, which will be valid for up to six months, to boost its tourism growth in a similar move to several other Asian economies. Paul Liu, head of Taiwan’s Development Council, said his agency was proposing to work with the foreign …

Orient Commercial Bank is 60% owned by 17 individuals and businesses, according to a company release. Japan’s Aozora Bank is the biggest shareholder with a 15% stake. Portal Global Limited owns 3.03% and Pyn Elite Fund has 2.42%. Chairman Trinh Van Tuan and his affiliates own a 19.9% stake in …

Gasoline prices on Thursday fell to the lowest since June 20 in its third consecutive week of decline. The popular fuel RON95 dropped 1.25% to VND22,880 ($0.90) per liter. Biofuel E5 RON92 declined by 1.22% to VND21,900. Diesel fell 1.51% to VND20,190. Globally fuel prices in the last seven days …

Seven officials were aware of issues in the capital mobilization of Faros Construction, a company backed by property tycoon Trinh Van Quyet, but approved its listing anyway. The People’s Court of Hanoi on Wednesday heard the testimonies of seven officials in three government agencies who are charged with intentionally publishing …

Vietnam’s benchmark VN-Index fell 0.43% to 1,233.19 points Thursday with 22 blue chips closing in red. The index closed 5.28 points lower after gaining 6.66 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 34% to VND11.72 trillion ($463 million). The VN-30 basket, comprising …

The U.S. dollar gained slightly against the Vietnamese dong Thursday morning. Vietcombank sold the greenback at VND25,478, 0.004% higher from Wednesday. The State Bank of Vietnam also raised its rate by 0.004% to VND24,265. Unofficial exchange points sold the dollar at VND25,470, up 0.28%. Globally the yen rose to its …