Saturday , November 23 2024

Business

Business

Indonesia eyes 1.5 million Chinese tourists this year

The Indonesian government is targeting 1.5 million Chinese tourists in 2024, double last year’s figure, an official said. “Last year, young people dominated the number of Chinese tourists, with around 65%. They take long stays of around 5 to 7 days, and prefer adventurous activities, nature and culture,” said Wisnu …

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Semiconductor research and AI centre debut in Đà Nẵng

  The US ambassador to Việt Nam, Marc E. Knapper in a working session with Đà Nẵng City’s People’s Committee on building Đà Nẵng as a centre of Assembling, Testing, Packaging (ATP) and semiconductor industry development. Photo courtesy of Lê Hoàng Phúc  ĐÀ NẴNG – The central city People’s Committee …

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Vĩnh Hoàn’s profit fall to lowest in over 30 quarters

Workers process pangasius for export. — Photo vinhhoan.com HÀ NỘI — Vĩnh Hoàn Corporation (VHC), one of Việt Nam’s leading pangasius exporters, has reported declines in both revenue and profit in the last quarter of 2023. In its fourth quarter business results, the company’s net revenue fell slightly by 4.7 …

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VN-Index posts minor gain

VN-Index posts minor gain

Vietnam’s benchmark VN-Index rose 0.45% to 1,175.67 points Friday. The index closed 5.30 points higher after dropping 2.60 points in the previous session. Trading on the Ho Chi Minh Stock Exchange increased by 14% to VND12.90 trillion ($524 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 19 …

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KBank targets double-digit return on equity within 2026

Ms. Kattiya Indaravijaya, Chief Executive Officer, KASIKORNBANK

deploys ‘Strategy 3+1’ to deliver sustainable value to all stakeholders, including customers, shareholders, employees, regulators and society at large. “KBank aims to be a solidly dependable partner to our customers, and other stakeholder, and to deliver solid performance to our shareholders in an increasingly unpredictable global economic environment.” Ms. Kattiya …

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FTAs key in boosting export: MoIT

  Vietnamese fruits on display at a trade fair in southern Italy. VNA/VNS Trường Duy  HÀ NỘI In a bid to achieve a targeted 6 per cent export growth in 2024, equivalent to US$377 billion, the Ministry of Industry and Trade (MoIT) outlines a strategic focus on leveraging existing Free …

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HCMC shophouse rents continue to fall

HCMC shophouse rents continue to fall

Shophouse rents continue to decline in HCMC while retail space at shopping malls has become more expensive. In January the average monthly rent for shophouses in the downtown District 1 has fallen for a third consecutive month to VND128 million (US$5,201) per square meter, according to property listing platform Nha …

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