Business

Tuna exports to the U.K. tripled year-on-year in the first two months of the year even as shipments to some main markets like the U.S. and E.U. plunged. Exports to the U.K. were worth US$1.3 million, enabled by a 13-fold rise in February, according to the Vietnam Association of Seafood …

The Porsche distributor in Vietnam has recalled more than 300 Panamera cars to fix an air-conditioning problem that can cause short circuits, affecting the operation and safety of vehicles. The recalled cars, manufactured between July 21, 2015, and November 10, 2021, will have a defective auxiliary water pump replaced. It …

SJC gold price gained 0.07% to VND67.05 million ($2,860.13) per tael Thursday morning. Gold ring price rose 0.27% to VND56.75 million. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices inched higher for a third consecutive session on Thursday, as cooler-than-expected U.S. inflation data spurred bets that the …

Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains tough for them due to the slowdown of the realty market. According to the audited consolidated financial statements for 2022 of the four …

Pizza 4Ps has reported after-tax profits of VND83.5 billion ($3.5 million) for last year, higher than in the pre-Covid period. The Japanese-owned chain, which had made a loss of VND38 billion in 2021, had earnings of around VND50 billion a year in 2018 and 2019. In a filing with the …

The number of international visitors to Ho Chi Minh City (HCMC) has been on the rise but tourism businesses are struggling in the face of a severe shortage of high-skilled workforce. In the first quarter of this year, Vietnam’s southern metropolis received 1.8 million foreign visitors, up 36 times year-on-year, …

Authorities in the central tourist city of Da Nang plan to set up a food street near Nam O fishing village in Lien Chieu District to give a fillip to tourism. The 500-meter street, not far from Nguyen Tat Thanh Park, will be open from 3 p.m. to 11 p.m. …

YouTube Premium, the Google pay service to watch YouTube videos without ads, has become available in Vietnam, starting at a price of VND49,000 ($2.09) a month. Google’s initial offering of YouTube Premium services has first been available to only select customers first from Wednesday, before the mass rollout begins next …

Tran Uyen Phuong, first daughter of Tran Qui Thanh, chairman of Vietnam’s largest beverage producer Tan Hiep Phat (THP), used to be referred as the powerful lady tycoon. Phuong,42, was holding more key positions in the family’s corporation and owning more real estate companies, compared to her 39-year-old younger sister …

Bigo Live, the popular live streaming application in Vietnam, is no longer available on Apple’s App Store. Since April 8 people have been complaining they cannot find the app. Bigo’s website only shows Apple’s notification saying “Application unavailable.” Thanh Duy of HCMC wrote in an online technology community: “I have …