Business magnate Bernard Arnault will appoint two more of his sons, Alexandre and Frederic, to the board of LVMH, the world’s largest luxury goods company. The founder, chairman, and CEO of LVMH will present the nomination at an upcoming board meeting in April. If endorsed, four out of Arnault’s five …
Read More »CPI increases by 0.31 % in January: GSO
Việt Nam’s General Statistics Office headquarters in Hà Nội. VNA/VNS Photo HÀ NỘI Consumer Price Index (CPI) for January 2024 increased by 0.31 per cent compared to the previous month. Year-on-year, January CPI saw a 3.37 per cent rise, and core inflation increased by 2.72 per cent, according to a monthly report released …
Read More »$10B cryptocurrency hedge fund founder finds Singapore prison enjoyable
Su Zhu, the convicted co-founder of the collapsed cryptocurrency hedge fund Three Arrows Capital, recently shared mostly-positive insights into his three-month term at Singaporean prison. On Jan. 22, Zhu reflected on his time behind bars in edited clips from an unreleased podcast on the social media platform X. “Obviously no …
Read More »Deep-water port throughput in 2024 expected to double, boosting profits
Hải Phòng port cluster in Hải Phòng City. In 2023, the business activities of the entire seaport industry were weak due to declining external demand, especially from key export markets such as the United States and Europe. VNA/VNS Photo HÀ NỘI Cargo throughput of deep-water ports in 2024 is …
Read More »VN-Index stable due to rising selling force
Beer production line of Sabeco. The brewer’s shares rose more than 1 per cent on Monday, cushioning the selling pressure. — Photo sabeco.com.vn HÀ NỘI — The selling pressure weighed on the market in the first trading day of the week, with the benchmark VN-Index being stable while foreign investors net …
Read More »Property remains vacant for two years after landlord raises rent for over $1,300
My company’s old office has remained unoccupied for two years after its owner raised the rent from VND24 million (US$978) to VND32 million ($1,303). A recent story about how a landlord lost out on VND700 million for raising the monthly rent by VND5 million has garnered a lot of attention …
Read More »Property remains vacant for two years after landlord raises rent for over $,1300
My company’s old office has remained unoccupied for two years after its owner raised the rent from VND24 million (US$978) to VND32 million ($1,303). A recent story about how a landlord lost out on VND700 million for raising the monthly rent by VND5 million has garnered a lot of attention …
Read More »Vietjet Air crowned with top awards in finance management and aviation
Representatives from Vietjet pose for a photo. Vietjet has been honoured with double prestigious awards by International Finance magazine, the world’s leading finance publication. — Photo courtesy of Vietjet BANGKOK — Vietjet has been honoured with double prestigious awards by International Finance magazine, the world’s leading finance publication. The airline has been …
Read More »Two Studies from Milano-Bicocca and SUPSI Highlight Long-Term Consequences of Early Smartphone Use in Children
A group of researchers from the University of Milano-Bicocca and SUPSI, by means of longitudinal data provided by INVALSI (Italian Institute for the Evaluation of the Education System), has confirmed that early smartphone usage before the age of 12 does not bring benefits. Instead, it is associated with lower digital …
Read More »$2 banknotes with gold-plated dragon prints sell for $82 apiece
People are purchasing $2 banknotes adorned with gold-plated dragon prints and serial numbers containing “9999” for VND2 million ($82) apiece to give out as lucky money during Tet. As is tradition, the demand for $2 bills decorated with images of the zodiac animal of the year usually soars around the …
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