Business

Samsung is elevating the online shopping experience for users and fans with personalised and simplified shopping via the new Samsung Shop App SINGAPORE – Media OutReach Newswire – 8 December 2023 – Samsung Electronics announced the launch of the Samsung Shop App in Singapore, bringing consumers and Samsung fans an …

Tina Nguyen, an executive with 20 years in the insurance industry, has been appointed as the new CEO of insurer Manulife Vietnam. She will report directly to Phil Witherington, president and CEO of Manulife Asia. Before joining Manulife, Nguyen was the CEO of Generali Vietnam, the sixth-biggest insurer in Vietnam …

Vietnam’s benchmark VN-Index rose 0.40% to 1173.13 points Monday. The index closed 4.73 points higher after gaining 2.98 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 10.85% to VND18.61 trillion ($787.21 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers …

Banks are set to see their profit growth decline to 10% this year amid slower credit growth, high bad debts and a narrower net interest margin, according to Vietcombank Securities (VCBS). Total profit growth in the bank industry is forecast to reach 10% this year, the brokerage said in a …

International airfares have dropped by up to 30% this year as a tanking global economy hit demand. Oanh, who works in Japan, usually has to book tickets four or five months in advance to visit Ho Chi Minh City in autumn due to high demand, but this year it had …

Coconut industry is playing a very important role in the socio-economic development of Vietnam and should be considered an indispensable part of the country’s development strategies, said officials. Vietnam has more than 188,000 hectares under coconut, accounting for 1.67% of that of the world, according to the Institute of Agricultural …

Thanh Tung thought his job interview went well and his unemployment would finally end, but he was eventually turned down for the position because he was “too old.” The 37-year-old game artist in Go Vap District, HCMC was laid off at the beginning of the year, only a few months …

The U.S. dollar fell against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback at VND23,700, down 0.04% from Sunday. Techcombank raised its rate by 0.01% to VND23,818. Vietcombank maintained it at VND23,810. The State Bank of Vietnam decreased its reference rate by 0.08% …

While the secondary market for apartments in Ho Chi Minh City has been in free fall for a year now, primary market prices only began to decline last quarter. Property consultancy CBRE Vietnam said in a report that the average price in the primary market dropped to below VND60 million …

Tu worked in Japan for two years but left when the devaluing yen lowered the value of his savings, which he intended to use back home in Vietnam. He eventually set his eyes on Germany. The reasons were quite simple: Germany was experiencing a lack of labor resources and was …