SJC gold price fell 0.07% to VND67.15 million ($2,863.60) per tael Friday afternoon. Gold ring gained 0.44% to VND57.45 million per tael. Globally gold eased on Friday from near record highs as traders waited for more economic cues, but was still bound for its best week in nearly two months …
Read More »Cargill builds three new schools under charity programme
The inauguration of the 114th Cargill Care school in Tuyên Quang Province. — Photo courtesy of Cargill HCM CITY — US agricultural company Cargill has built the 114th school under its flagship Cargill Cares programme in Việt Nam in the northern mountainous province of Tuyên Quang. The Hồng Quang …
Read More »Bia Saigon strives to elevate the position of Vietnamese beer brands
Bia Saigon accompanies the “Việt Nam Grand Sale 2023” programme. — Photo courtesy of SABECO HÀ NỘI — Sài Gòn Beer, Alcohol and Beverage Corporation (SABECO) and its Bia Saigon have always committed to investing in business development associated with building a national brand. Therefore, SABECO constantly strives …
Read More »Prime Minister hosts Turkish finance, industry ministers
Prime Minister Phạm Minh Chính at a reception for Turkish Minister of Budget and Finance Mehmet Simsek. — VNA/VNS Photo Dương Giang ANKARA — Prime Minister Phạm Minh Chính hosted separate receptions for Turkish Minister of Budget and Finance Mehmet Simsek and Minister of Industry and Technology Mehmet Fatih Kacir in Ankara …
Read More »First international yacht exhibition opens in HCM City
An yacht at The Nautical Show which opens in HCM City on Friday. — VNS Photo by Thu Ngân HCM CITY — The first international yacht exhibition, known as The Nautical Show, debuted in HCM City on Friday, featuring yachts from several global brands. Organised by Tam Sơn Yachting, the three-day exhibition follows the blueprint of prestigious international …
Read More »Thai bank increases capital 3.5-fold
Thai lender Kasikornbank has increased its charter capital from $80 million to US$285 million (VND6.5 trillion), the second highest among foreign banks in Vietnam. Chat Luangarpa, its executive vice president, said the decision is aimed at addressing the demand for funds from businesses and retail customers amid the volatile economic …
Read More »Agro-forestry-aquatic product exports down in four months
Vietnam earned $15.66 billion from agro-forestry-aquatic product exports in the first four months of 2023, down 13.3% year-on-year, according to the Ministry of Agriculture and Rural Development. In April alone, the export revenue of agro-forestry-aquatic products was estimated at $4.54 billion, down 8.3% from the corresponding time last year. Such …
Read More »Airports serve nearly 37 million passengers in four months
Airports in Vietnam served nearly 37 million passengers in the first four months of this year, up 55% compared to the same period of last year, according to the Civil Aviation Authority of Vietnam (CAAV). Of the total, there were 9.7 million foreign and 27.2 million local passengers, marking a …
Read More »Coconut prices bounce back after sharp drop during Covid
Prices of dried coconut in Ben Tre Province, the Mekong Delta coconut-farming hub, have recovered to VND3,300-4,200 (US$14-18 cents) per fruit after falling steeply in the last two years. “The prices are the highest in the last two years” when exports of the nut fell due to the Covid pandemic, …
Read More »Hoan My Hospital owner reports loss of $2.1M
Hoan My Medical Corporation reported a net loss of VND50 billion (US$2.1 million) for 2022. It had reported a profit of VND285 billion in 2021 at the height of the Covid-19 pandemic. It also has liabilities of VND3.485 trillion, 7% higher than in 2021. It has made two bond issuances, …
Read More »