Business

Some 2,800 new units were launched in the resort real estate segment in the second quarter, an eight-fold increase from the first and mostly concentrated in a few locations. They are part of seven projects, the Vietnam Association of Realtors said in a report. In the entire first half 3,100 …

Japanese flour producer Nippn plans to invest in a factory near Ho Chi Minh City, its third facility in Southeast Asia. The facility, to be completed by 2027, will be capable of making 4,300 annual tons of premix used to make batter for fried foods and baked goods, according to …

SeABank’s profits soared by 61% year-on-year to VND3.24 trillion (US$128 million) in the first half of the year. Its operating income went up by 43% to VND6.01 trillion, the lender said in a press release. Deposits rose by 59% to VND20.04 trillion. The bank managed to keep bad debts at …

HCMC will not have low-rise properties priced under VND5 billion ($200,000) by 2026 as supply dwindles, according to a recent report. In fact, only 10% of such properties would be priced under VND10 billion by then, property consultancy Savills Vietnam said in a note on the HCMC market. “With limited …

My husband and I can save at most VND500 million (US$19,740) per year, but I fear this is not enough to buy a 70-square-meter apartment within the next 10 years. We have two children and our total monthly income is around VND100 million (US$3,950). We live a basic lifestyle that …

Techcombank (HoSE: TCB) announced its business results for the first half of 2024. The pre-tax profit for Q2 reached VNĐ7.8 trillion, up 38.5 per cent year-on-year, bringing the cumulative six-month pre-tax profit to VNĐ15.6 trillion, a 38.6 per cent increase compared to the first half of 2023. Techcombank’s headquarter in …

Greater Bay Area Primary Residential Transactions Rebounded in June as Market Cooling Measures Eased Investment Market Driven by SOEs and Private Investors, Logistics Sector to Remain the Focus The central government’s introduction of the supportive “517” policy in May 2024 prompted Greater Bay Area (GBA) cities to implement a range …

The Inaugural “Shanghai Summer” International Consumption Season Officially Launched SHANGHAI, CHINA – Media OutReach Newswire – 23 July 2024 – On July 6, the inaugural “Shanghai Summer” International Consumption Season officially kicked off, welcoming global travelers to enjoy a spectacular summer at the Bund. Shanghai is a key gateway for …

Samsung Electronics Singapore today announced that it has partnered with OTTNO, an experienced consumer electronics reseller to open three new Samsung Experience Stores (SES) in Singapore. The Changi Airport Terminal 2 outlet will offer travellers and locals tax-free purchase options within departure hall New stores will be managed by OTTNO, …

Prime Minister Phạm Minh Chính has just signed off on key tasks and solutions to promote growth, control inflation and stabilise the macroeconomy in July and the third quarter of this year. The MoF proposes that the registration fees for domestically produced and assembled cars from August 1 this year …