Business

The Mekong Delta’s Hoa Loc mango is selling for half of what it did four months ago due to weaning domestic sales and exports to China. VnExpress surveys at fruit shops and traditional markets in Ho Chi Minh City revealed that Hoa Loc is selling for VND70,000 (roughly $3) per …

Bancassurance has been hugely profitable in recent years, but former bank employees are now admitting they resorted to dishonest means to sell insurance. Tran Nhu Huyen was one of the few people to win the award for best bancassurance salesperson for two years in a row at a private bank, …

Buy2Sell Vietnam established two new showrooms in Vincom Mega Mall in Hanoi and SC Vivo City in Ho Chi Minh City last month. The Hanoi showroom is on the 1st floor of Vincom Mega Mall Times City and the HCMC showroom on the 3rd floor of SC VivoCity. Buy2Sell Vietnam …

The collaboration between Pocket and DTS is expected to create a favorable environment for the establishment of technology startups in Korea, Vietnam and internationally through the DTS Foundation. The tie-up between DTS Group and Pocket is expected to bring benefits to technology startups in Korea. DTS Foundation has become an …

Vietnam’s benchmark VN-Index rose 0.09% to 1,053.81 points Monday with foreign investors breaking a seven-session selling streak. The index closed 0.92 points higher after losing 11.41 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 39.57% to VND8.05 trillion ($342.81 million). Foreign investors turned net …

WinCommerce, the operator of WinMart retail chain, saw its loss tripling from 2021 to VND445 billion ($18.97 million) last year. Since being acquired by Masan Group from Vingroup in 2019, WinCommerce has not been able to turn a profit. Its revenues declined 5% to VND29.37 trillion last year. Its equity …

Canadian magazine The Travel has included the Con Dao archipelago in its list of “off the beaten island destinations.” “Con Dao includes everything one needs for a tropical vacation,” the magazine said. There were views of the lush and dense jungle, and visitors could rent a motorbike at VND150,000 (US$6.39) …

Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF). Notably, Vietnam’s public debt is expected to stay at the lowest as compared with eight other ASEAN member countries, the fund …

Vietnam’s rice export prices grew 9.2% year on year to $532 per tonne in the first quarter of 2023, said the General Department of Vietnam Customs. The price increase was attributed to a surge in the proportion of high-quality rice such as fragrant, glutinous, and specialty rice. High-quality rice is …

Hanoi is set to add 4.1 million square meters of housing this year amid forecasts that demand from now until 2030 will be for 89 million square meters. To meet the demand, it will need an investment of VND880 trillion ($37.5 billion). It plans to focus on social housing, apartments, …