Saturday , November 23 2024

Business

Business

European businesses trust in Vietnam’s recovery

European businesses trust in Vietnam’s recovery

European businesses trust in Vietnam’s potential for recovery and will increase their investment in the country, a representative has said. European companies have not reduced their investment in Vietnam despite economic challenges, and one example is Nestle Vietnam’s recent announcement of a $100 million expansion, said Gabor Fluit, chairman of …

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Digital property transaction on track to rise

Digital property transaction on track to rise

Online real estate listings and searches saw an increase of 2-4% last month compared to the preceding month. On batdongsan.com, a leading real estate listing site in Vietnam, there was an 8% increase in listings. Additionally, the website reported a 2% rise in demand, measured by the uptick in searches …

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HCMC expat hub to get night street amusement zone

A weekend night street entertainment zone is coming up at Thao Dien, HCMC’s expat hub, and will open Friday as the city seeks to develop its night-time economy. The zone, covering Xuan Thuy, Quoc Huong and Nguyen Van Huong streets, would open from 7 p.m. until 2 a.m. on Fridays …

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Dollar rises little on black market

Dollar rises little on black market

The U.S. dollar rose against the Vietnamese dong on the black market Wednesday morning and climbed to a one-month high globally. Unofficial exchange points sold the greenback at VND24,980, up 0.04% from Tuesday. Vietcombank kept its rate unchanged at VND24,710. The State Bank of Vietnam maintained its reference rate at …

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