Sunday , November 24 2024

Business

Business

HCM City, Vietnam Airlines agree to boost tourism

  About 60 per cent of  Vietnam Airlines‘ flights departing from and landing in HCM City. — VNA/VNS Photo HCM CITY — The HCM City People’s Committee and the national flag carrier Vietnam Airlines have signed a comprehensive cooperation agreement for the 2023-27 period to boost the city’s socio-economic development, particularly …

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Hà Nội in effort to become zero plastic bag city

People shopping at a super market in Hà Nội. — VNS Photo Đoàn Tùng HÀ NỘI — Single-use plastic bags play a significant role for most households. From buying a single onion to a whole chicken, everything is packed in plastic bags, making it easier to carry and dispose of after use.  Eliminating …

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Market finishes higher on return of domestic investors

Workers loading products on a truck at a warehouse of Hoà Phát Group. Shares of the steel producer jumped nearly 1.3 per cent on Wednesday, supporting the market’s uptrend. — Photo hoaphat.com.vn HÀ NỘI — The Vietnamese stock market rose on Wednesday, lifted by the improvement of domestic investor sentiment, while …

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Major bourse’s profit plunges 23% in 2022

Major bourse's profit plunges 23% in 2022

The Ho Chi Minh Stock Exchange (HOSE)’s total revenue in 2022 reached over VND2.5 trillion, down 23% compared to 2021, the country’s major bourse has announced. HOSE’s revenue comes from three main activities, including securities trading activities, service provision activities and financial activities. According to the exchange, the reason for …

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Property developers offer better deals to stir demand

Property developers offer better deals to stir demand

Property developers in Hanoi are lowering prices and extending payment packages to boost sales as weak demand continues to plague the market. Brokers at a 500-apartment project in outlaying Hanoi district of Hoai Duc are offering early buyers a VND300-500 million ($12,775-21,292) discount, or 9-12% of an apartment’s value. Another …

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Seafood export down 28%

Seafood export down 28%

Seafood exports decreased 28% year-on-year to nearly US$3.4 billion in the first five months of the year, according to the General Statistics Office. Shrimp and prawn exports saw a decline in both volume and value due to weaker demand in major markets, and fiercer competition from Ecuador and India, the …

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Stock market hovers around 4-month high

Stock market hovers around 4-month high

Vietnam’s benchmark VN-Index rose 0.77% to 1116.02 points Monday, highest in over four months. The index closed 8.49 points higher after gaining 6.21 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 7.62% to VND15.27 trillion ($650.13 million). The VN-30 basket, comprising the 30 largest …

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Diesel price gains

Diesel price gains

Diesel price rose marginally while gasoline prices stayed unchanged Monday afternoon. Diesel price went up 0.45% to VND18,020 ($0.77) per liter. The popular fuel RON95’s price remained at VND22,010, and that of biofuel E5 RON92 was stable at VND20,870. Globally the average price of petroleum increased by 0.53-1.3% in the …

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