Business

Farmers in Central Highlands, Vietnam’s largest coffee-producing region, have experienced a profitable year, with coffee earnings surpassing those of paddy farming by 2-4 times, buoyed by record-breaking coffee bean prices. The price of coffee has escalated to VND70.8-71 million (US$2,885-2,893) per ton, surging from VND70 million last July. Coffee grower …

Delegates attended the ceremony event on Wednesday morning. — Photo dttc.sggp.org.vn HÀ NỘI — FV Hospital is officially a member of Thomson Medical Group after the two sides completed an acquisition deal on Wednesday worth more than VNĐ9 trillion (US$366.7 million). This is considered the biggest M&A deal in the …

Young people will never own a home if wealthy people keep hoarding houses, then leaving them deserted until prices increase. The ratio of house price to income in Vietnam is so excessively high that there is an urgent need for policies to tax second and subsequent properties. Houses left unoccupied …

Travelers using Vietnam Airlines tickets will enjoy privileges, including free admission to Singapore attractions, such as the Wings of Time water show or the Singapore Cable Car for a panoramic view of Sentosa. Vietnam Airlines and Singapore’s Sentosa Development Corporation (SDC) signed a Memorandum of Understanding (MoU) on cooperation for …

Central Retail’s supermarkets are offering discounts on several pork products during a “Pork Festival” it is organising for the first time. — Photo courtesy of Central Retail HCM CITY — Supermarkets and other retailers in HCM City are offering discounts of 10-30 per cent on pork and pork-based products to …

  Sacombank expands credit plans for corporate and retail customers . —  Photo courtesy of the bank HCM CITY — Sacombank plans to add VNĐ10 trillion (US$407.27 million) to the VNĐ20 trillion it had earmarked for lending by January 31 to businesses seeking to boost production. The interest rates range …

A LNG vessel at a terminal of the Thi Vai liquefied natural gas (LNG) warehouse and terminal complex, a project of PV Gas. GAS shares fell 0.53 per cent on Wednesday. — Photo pvgas.com.vn HÀ NỘI — The Vietnamese stock market was steady on Wednesday, as many large-cap stocks reversed course during the …

Vice President Võ Thị Ánh Xuân (right) had talks with President of Ford Motor’s International Markets Group Kay Hart. — VNA/VNS Photo An Đăng HÀ NỘI — Vice President Võ Thị Ánh Xuân hosted a reception for President of Ford Motor’s International Markets Group Kay Hart in Hà Nội on …

  An aircraft of Vietnam Airlines returns to the ground at Nội Bài Internatioal Airport. — Photo of VNA HÀ NỘI — Vietnam Airlines (VNA), a 4-star airline and the flag carrier of Vietnam, has been named among the top 10 most punctual airlines in Asia Pacific by Cirium, a leader in aviation analytics, in …

Vietnam’s benchmark VN-Index fell 0.05% to 1,162.53 points Wednesday as it stabilized around the highest since Sep. 22. The index closed 0.59 points lower after gaining 9 points in the previous session. Trading on the Ho Chi Minh Stock Exchange increased by 27% to VND16.73 trillion ($681.74 million). The VN-30 …