Business

Due to the increasing popularity of artificial intelligence applications like ChatGPT, AI cryptocurrencies are becoming more common, and more Vietnamese are investing in them. Nguyen Lam, 34, an office clerk in Ho Chi Minh City, says he knows that many AI cryptocurrencies, tokens that power AI blockchain platforms such as …

Jackfruit prices have increased 6-7 times over the same period last year as traders step up their purchases of the fruit for export, mainly to China. According to surveys carried out in the southern province of Dong Nai and the Mekong Delta provinces of An Giang, Dong Thap, Vinh Long …

Tay Ho’s new appearance with synchronous infrastructure, large-scale projects and high-class facilities has brought a fresh breeze to the Hanoi property market. Nestled in a location renowned for its picturesque landscapes, Tay Ho (the West Lake area) has long been hailed as the crown jewel of real estate investment opportunities. …

Only 30-40% of Vietnamese car buyers resort to bank loans compared to some 80% in developed countries. The rates vary by geographical region, with automobile firms saying more customers in the south borrow than in the north. Vinh Nam, sales manager of Vietnam Star, a Mercedes dealer in Binh Duong …

Pham Doan Son has resigned from his position as CEO of LienVietPostBank, citing personal reasons, the bank’s board of directors said. Pham Doan Son, who has stepped down from LienVietPostBank’s CEO position. Photo courtesy of the bank Son, born in 1967, joined LienVietPostBank (LPB) in 2008 as head of the …

Authorities in Ho Chi Minh City (HCMC) are considering a plan to open a night street in Cho Lon, also known as the Chinatown area, to boost its night-time economy. Covering an area of 1,500 square meters, the area will span four streets around Binh Tay Market in District 6, …

Vietnam’s benchmark VN-Index dropped 1.39% to 1047.4 points Thursday. The index closed 14.79 points lower after gaining 22.06 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 11.94% to VND9.40 trillion ($398.73 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 27 tickers …

Shops in apartment buildings have become a unique characteristic of coffee culture in Saigon. If you do not know where to find them yet, here is a list of places to try out. Shibui Concept Shibui Concept is a Japanese-themed coffee shop on Le Lai Street in an old apartment …

Financial experts have proposed that land use rights be allowed to be mortgaged for international loans, either directly with some restrictions or indirectly through domestic credit institutions. Darryl Dong, principal country officer of the International Finance Corporation (IFC), said at a forum Wednesday that Vietnam currently does not allow enterprises …

Wind and solar energy developers are concerned they may go bankrupt as the government’s new feed-in tariffs are too low for them to make profits. Some 36 renewable energy developers who did not complete projects in time for recent 20-year incentive feed-in tariffs have asked Prime Minister Pham Minh Chinh …