Business

A customer shops for mobile phones at a Mobile World store. — Photo thegioididong.com HÀ NỘI — Technology retail systems hope that the mobile phone market will rebound during the Lunar New Year (Tết) season after going through a difficult December. Phone purchasing power drops in December If in the …

Baemin stopped operating in Việt Nam from December 8, which came as a surprise to many people. — Photo nhipcaudautu.vn HÀ NỘI — The market of Vietnamese food delivery through apps has grown strongly in the past few years, especially during the COVID-19 pandemic. This is considered a delicious piece …

The State Bank of Vietnam (SBV) is considering proposals from investors to restructure the Saigon Commercial Bank (SCB), a bank experiencing financial difficulties. After SCB faced a run in October 2022, the central bank put the private lender under special control to limit negative impacts on it and credit institutions …

The property market saw both demand and supply slump in 2023 due to legal problems and lack of cash flows for developers. According to the Ministry of Construction, supply remained limited in all segments, with only 52 commercial housing projects with 16,000 units completed, less than half the number in …

The price of gold bars has been consistent at VND75 million ($3,076) per tael since last Thursday, following the central bank’s declaration of market intervention and monopoly consideration. A person holds gold bars at a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran Compared to the record high …

Three generations living in one apartment might feel cramped but it makes childcare and elderly healthcare more convenient and you will have access to more amenities, the expert says. Question from reader Van Truong: My family of six lives in an apartment of over 60 square meters in Hoang Mai …

Rental cars are more expensive and require a longer minimum hire during the Lunar New Year (Tet) holidays, but many rental agencies said they are already fully booked. As usual rents are up sharply during the main national holidays, from February 8 to 14 this year, due to soaring demand. …

According to the Bond Market Association (VBMA), as of December 22, 2023, the total recorded value of issued corporate bonds reached nearly VNĐ274 trillion, of which 90.1 per cent were privately issued. — VNA/VNS Photo HÀ NỘI — The bond market experienced a noticeable improvement in the latter half of …

TAMIL NADU, INDIA – Media OutReach Newswire – 6 January 2024 – VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, and the Tamil Nadu State Government announce a landmark partnership in a Memorandum of Understanding (MoU) to charge the development of green transportation in India. VinFast and the State Government will …

The State Bank of Vietnam has set a credit growth target of 15%, equivalent to VND2 quadrillion ($82.03 billion), this year. Last year banking credit grew by 13.71%, meaning VND1.3 quadrillion entered the economy, deputy governor of the central bank, Dao Minh Tu, said at a government meeting Friday. “If …