The national flag carrier Vietnam Airlines reported a 7% growth in the domestic aviation market in the first half of this year compared to the same period in 2019, before the Covid-19 pandemic broke out. However, the international market has not fully recovered, reaching over 80% of the pre-pandemic level, …
Read More »VN-Index rises to new peak this year
Vietnam’s benchmark VN-Index rose 0.96% to 1149.02 points Monday, a new peak this year. The index closed 10.95 points higher after gaining 11.85 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 11.58% to VND18.41 trillion ($778.19 million). The VN-30 basket, comprising the 30 largest …
Read More »HCMC office landlords give discounts to retain customers
Landlords in Ho Chi Minh City office buildings are offering discounts of up to 20% to pump up demand amid a dampened property market. Affordable offices in Phu Nhuan and Tan Binh Districts, which charge $15-20 per square meter per month, are now giving tenants discounts of 10-20%. Landlords of …
Read More »Vietnam becomes largest ASEAN trading partner of Cambodia: media
Vietnam became the largest trading partner of Cambodia among members of the Association of Southeast Asian Nations (ASEAN) as bilateral trade made up nearly 50% of the total between Cambodia and the countries in the first five months of 2023. During the five months, trade between the two countries topped …
Read More »Vietnam ranks 28th globally in green building construction
With over 250 LEED-certified buildings constructed in the last decade, Vietnam is increasingly demonstrating the relevance of “green” aspect in construction. LEED (Leadership in Energy and Environmental Design) is the most widely used green rating system in the world, and is administered by the U.S. Green Building Council (USGBC). The …
Read More »Fewer jobseekers expect $850+ monthly salary in HCMC
Only 19% of jobseekers in Ho Chi Minh City now expect a salary of more than VND20 million ($850) a month, a steep 46% decline from earlier this year. Only 18.5% of businesses are willing to pay their employees more than VDN20 million, a survey done by the HCMC Forecasting …
Read More »Dollar softens against dong
The U.S. dollar fell against the Vietnamese dong on Monday morning. Vietcombank sold the greenback at VND23,780, down 0.13% from Sunday. Eximbank’s rate was stable at VND23,670. The State Bank of Vietnam let its reference rate slide 0.1% to VND23,810. The dollar was sold at VND23,750 on the black market, …
Read More »UOB celebrates 30th anniversary in Vietnam
UOB Vietnam, a subsidiary of UOB, is proud to mark three decades of unrelenting support for Vietnam and its people. The bank held a gala dinner on Wednesday for clients and partners to thank them for their support and trust. To commemorate the 30th anniversary, it also announced a partnership …
Read More »HCMC luxury car trader arrested for ‘fraudulent appropriation’ of assets
Luxury car dealer Phan Cong Khanh, known for selling the most expensive Lamborghini and Rolls-Royce cars in Vietnam, has been arrested for “fraudulent appropriation” of assets. The 29-year-old was taken in by the Ho Chi Minh City police on Sunday, but they have not provided any further details. Khanh, from …
Read More »Medi-pharm Expo 2023 opens in Hà Nội
Participants at the 29th Vietnam International Medical and Pharmaceutical Exhibition (Medi-pharm Expo 2023) which opened in the capital city on Thursday. VNS Photo Linh Anh HÀ NỘI — The 29th Vietnam International Medical and Pharmaceutical Exhibition (Medi-pharm Expo 2023) opened its doors in the capital city on Thursday. The three-day event is …
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