Business

National Citizen Commercial Joint Stock Bank (NCB) wants to sell the 203 million Bamboo Airways shares it owns at VND5,500 ($0.23). The shares are collateral for loans given to the carrier. NCB said the sale of the 203 million shares would fully cover the principal and interest, and the payment …

Electricity imports from Laos and China account for only a fraction of the demand in northern Vietnam, where shortages are expected, according to the Ministry of Industry and Trade. Vietnam has been buying electricity from China since 2005 and from Laos since 2016. It now imports around 4 million kilowatt-hours …

Con Cung JSC, Vietnam’s largest mom and baby product store chain, saw its profit plunge 95% after its two bond repayments worth a total of VND115 billion ($4.9 million) last year. The firm earned VND4.7 billion in profit after tax in 2022, down 95% year-on-year. By the end of 2022, …

Bad debt ratios at Vietnam’s commercial banks rose dramatically in the first quarter of the year as the property and finance sectors continued to struggle. The country’s biggest lender Vietcombank saw its bad debt ratio rise from 0.68% at the end of last year to 0.84% by the end of …

Vietnam’s benchmark VN-Index dropped 0.08% to 1,063.76 points Friday, with foreign investors net selling for the fifth session in a row. The index closed 0.87 points lower after gaining 2.84 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 6.97% to VND10.89 trillion ($463.80 million). …

  Leaders, government officials, and top business executives from Việt Nam and across Asia are participating in the 2023 Horasis Asia Meeting that opened on Monday. VNA/VNS Photo BÌNH DƯƠNG — Việt Nam has successfully implemented economic reforms to drive its economic growth into the next decade, speakers said at one of Asia’s …

Only three townhouses were sold last month in the south, the lowest number in the last four months, according to real estate services firm DKRA Group. The CEO of a real estate exchange in HCMC’s District 5 said: “In the past we could sell one house for every 10 inquiries, …

Exchanging the latest research findings to promote cross-regional cooperation and stop discrimination HONG KONG SAR – Media OutReach Newswire – 4 December 2023 – Every year, on 1 December, the world commemorates World AIDS Day. People around the world unite to show support for people living with HIV. The 7th …

The central province of Ha Tinh has cancelled the prequalification result of a VND24-trillion ($1.02 billion) urban project after both bidders decided to withdraw. The bidders for the 140-hectare Ham Nghi Urban Area were Vinhomes and Viet An Commercial Development and Trading Investment. Ha Tinh will now continue to look …

Vietmap offers navigation services and solutions with the commitment to bringing the best driving experience to users. Vietmap Joint Stock Company (Vietmap JSC) was established in 2006 with the vision “present on all means of transport”. The company has introduced to customers a variety of product lines such as navigation …