Sunday , November 24 2024

Business

Business

A guide to Hue’s best salted coffee shops

Here’s a list of some of the best places to enjoy salted coffee in the ancient capital of Hue, based on the opinions of both residents and visitors. This unique beverage has been a signature drink in Hue for over a decade. It is made with a layer of condensed …

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Vietnam Railways eyes profit in 2023

Vietnam Railways eyes profit in 2023

Train operator Vietnam Railways expects to earn a profit this year after posting losses in three previous years due to the impact of Covid-19. The company predicts a post-tax profit of VND3 billion ($127,960) and a revenue of over VND6.5 trillion. In the first quarter this year subsidiary Hanoi Railways …

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VN-Index slips to 2-week low

VN-Index slips to 2-week low

Vietnam’s benchmark VN-Index dropped 0.48% to 1,064.3 points Thursday, lowest since March 30. The index closed 5.15 points lower after losing 0.01 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 9.61% to VND11.44 trillion ($487.99 million). The VN-30 basket, comprising the 30 largest capped …

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Tuna exports to UK triple

Tuna exports to UK triple

Tuna exports to the U.K. tripled year-on-year in the first two months of the year even as shipments to some main markets like the U.S. and E.U. plunged. Exports to the U.K. were worth US$1.3 million, enabled by a 13-fold rise in February, according to the Vietnam Association of Seafood …

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Gold ticks up

Gold ticks up

SJC gold price gained 0.07% to VND67.05 million ($2,860.13) per tael Thursday morning. Gold ring price rose 0.27% to VND56.75 million. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices inched higher for a third consecutive session on Thursday, as cooler-than-expected U.S. inflation data spurred bets that the …

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Pizza 4Ps profits exceed pre-pandemic levels

Pizza 4Ps profits exceed pre-pandemic levels

Pizza 4Ps has reported after-tax profits of VND83.5 billion ($3.5 million) for last year, higher than in the pre-Covid period. The Japanese-owned chain, which had made a loss of VND38 billion in 2021, had earnings of around VND50 billion a year in 2018 and 2019. In a filing with the …

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HCMC lacks high-skilled tourism workforce post pandemic

The number of international visitors to Ho Chi Minh City (HCMC) has been on the rise but tourism businesses are struggling in the face of a severe shortage of high-skilled workforce. In the first quarter of this year, Vietnam’s southern metropolis received 1.8 million foreign visitors, up 36 times year-on-year, …

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