Business

Workers upgrading the electric lines in Thái Bình Province. — Photo npc.com.vn HÀ NỘI — The Hà Nội Stock Exchange (HoSE) plans to hold an auction for shares of North Electrical Equipment JSC (NEEM), which is owned by the Northern Power Corporation (EVNNPC), on December 5.  The number of shares offered …

Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch of vehicles it shipped to the United States last year following a safety warning issued by U.S. authorities. The move came after the U.S. National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s VF …

Lawmakers have asked the government why Vietnam has to import electricity from Laos and China when it has 4,600 megawatts of renewable energy readily available. Lawmaker Ta Thi Yen said that price negotiations between the government and renewable energy developers are still underway, meaning there is plenty of unused energy …

SINGAPORE – Media OutReach – 4 December 2023 – BingX, a cryptocurrency exchange, announces the return of its SuperX trading competition this quarter, aligned with the festive season’s spirit. This event, one of the most significant in BingX’s history, is backed by popular demand, coinciding with a series of Christmas …

Vietnam’s benchmark VN-Index rose 0.27% to 1,064.63 points Thursday. The index closed 2.84 points higher after losing 4.06 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 15% to VND11.70 trillion ($498.40 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 12 tickers …

The Ministry of Industry and Trade has approved a temporary electricity buying price for 19 renewable energy projects at half the maximum rate. The projects have a combined capacity of 1,347 megawatts, and they will sell electricity to the government at VND753-908 ($0.032-0.039) per kilowatt-hour before VAT. Another 48 projects …

After a year of selling used motorbikes, the first Okxe motorbike service station in Ho Chi Minh City has started selling new motorbikes using the Online to Offline (O2O) model. In a recent sale of new motorbikes, the products introduced by Okxe to consumers were 100% new Piaggio and Vespa …

Audi has recalled 392 A6, A7, Q7, and Q8 cars to fix a faulty information control box port and fuel pump. Its distributor in Vietnam, Auto Asia Ltd, said they include 249 A6 and A7 sedans and 143 Q7 and Q8 SUVs. The sedans’ information box port could be damaged …

HONG KONG SAR – Media OutReach – 4 December 2023 – As the holiday season is just around the corner, many Hongkongers head out to enjoy the festive season or travel abroad, leaving their homes unattended. While there is no absolute way to avoid becoming a victim of property crime, …

Tech giant VNG’s shares have been placed under trading restrictions for its late submission of financial reports for last year. Starting this week, at VND740,000 ($31.52), the top priced stock in Vietnam, will be restricted to trading on Fridays only, according to the Hanoi Stock Exchange. VNG was more than …