Business

The real estate market has so far this year seen weak liquidity due to various reasons, including low confidence of buyers, according to experts. Since the beginning of the year, in both primary and secondary markets, few transactions of houses and apartments as well as beach-front villas, shophouses and condotels …

The U.S. dollar rose against the Vietnamese dong on Friday morning to the highest since March 21. Vietcombank sold the dollar at VND23,710, up 0.04% from Thursday. Eximbank maintained it at VND23,620, and Techcombank kept it stable at VND23,710. The State Bank of Vietnam increased its reference rate by 0.05% …

SJC gold price rose 0.07% to VND67.2 million ($2,855.33) per tael Friday morning, highest since May 22. Gold ring price gained 0.35% to VND56.6 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold held steady in early Asian trading on Friday, supported by a relatively weaker …

So far this year Indonesia has imported 15 times the rice it did from Vietnam last year and nearly triple the coffee due to unfavorable weather. It has bought US$181 million worth of rice, accounting for 9.5% of Vietnam’s exports this year and jumping from eight to third place in …

It takes three to four years to complete a new power plant in Vietnam due to hurdles in land acquisition and government-private firm negotiation, an analyst has said. Nguyen Anh Tuan, deputy head of the Institute of Energy and Environment, said at a forum Wednesday that the recent power shortages …

Golden Gate, the operator of Vietnamese restaurant chains Kichi Kichi, Gogi House and Manwah, has forecast a profit plunge of 75% to VND167 billion ($7.1 million) this year. Revenue is set to decline 1% to VND6.9 trillion, according to a company document prepared for an upcoming general meeting. Although Golden …

The generation gap is the biggest challenge facing owners of family businesses in Vietnam, with differences in ideas between younger and older generations likely to hamper business growth, a survey has found. Pham Dinh Doan, chairman of investment firm Phu Thai Holdings and the Vietnam Family Business Council, said that …

Prices of construction steel have dropped by VND200,000 (US$8.50) per ton, the 10th decline in a row, to VND14.5 million, the lowest rate in the last two months. Companies like Hoa Phat, Viet Y, Viet Duc, and Viet Nhat have cur prices by a cumulative VND1.5 million per ton since …

Gateway Hanoi has completed its acquisition of the FLC tower and begun its road map of extensive renovations. Under new ownership, the high-rise office tower at 265 Cau Giay street in Hanoi, has been renamed “The West”. The West is located at 265 Cau Giay Street, Hanoi. Photo by Gateway …

Vietnam’s benchmark VN-Index dropped 0.04% to 1,116.97 points Thursday, with trading declining to the lowest since May 25. The index closed 0.45 points lower after losing 5.04 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 22.56% to VND13.27 trillion ($563.66 million). The VN-30 basket, …