The “Mizuiku – I Love Clean Water” program hosted by Suntory PepsiCo has begun its 9th year as part of the company’s commitment to conserving water resources. The program, launched in 2004 by the Suntory Group in Japan, is an educational initiative to raise awareness of water resources protection. To …
Read More »Dollar’s decline against dong continues
The U.S. dollar continued to fall against the Vietnamese dong Tuesday afternoon. Vietcombank sold the dollar at VND23,635 Tuesday, down 0.06% from Monday. Eximbank sold the greenback 0.21% slower at VND23,620. The rate at Techcombank dipped 0.05% to VND23,638. The State Bank of Vietnam set its reference rate at VND23,602, …
Read More »Indonesia to tighten control of foreign tourists in Bali
The Indonesian government is seeking to impose entry fees and to limit foreign tourists in its famous resort island of Bali following a series of recent public order violations. Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has proposed imposing a tourism entry tax and considering limiting the entry …
Read More »Vietnam to inspect TikTok content to stop harmful videos
Vietnam will begin to conduct an inspection of TikTok next month to deal with harmful content and false information. Le Quang Tu Do, head of the Department of Radio, Television and Electronic Information under the Ministry of Information and Communications, said that recently a lot of toxic, offensive, false and …
Read More »VN-Index breaks 10-session gaining streak
Vietnam’s benchmark VN-Index dropped 0.08% to 1,078.45 points Tuesday after 10 straight sessions in the green. The index closed 0.83 points lower after gaining 14.64 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 4.17 percent to VND13.58 trillion ($578.24 million). The VN-30 basket, comprising …
Read More »Malaysian clothing store in chaos as hundreds seek sales promotion
Around 500 people swarmed a clothing store in Malaysian city Shah Alam in the weekend to buy discounted items for as low as MYR1 (23 U.S. cents), which caused chaos and required police intervention. The shop, StarVillon, offered its first 100 customers the opportunity to buy clothes at RM1 as …
Read More »Gold prices fall slightly
SJC gold price dropped 0.01% to VND66.9 million ($2,850.45) per tael Monday morning. Gold ring price fell 0.17% to VND55.85 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally, gold prices slipped on Monday as a sturdy dollar made the greenback-denominated metal less affordable for buyers holding …
Read More »US dollar drops on black market
The U.S. dollar fell marginally against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback at VND23,480, down 0.17%. Vietcombank sold the dollar at VND23,660 Monday, up 0.13%. Eximbank sold the greenback at VND23,640, a 0.13% decrease, while the rate at Techcombank is VND23,655, …
Read More »Insurance sales at banks boom
More than a dozen lenders achieved bancassurance revenues of over VND1 trillion ($42,633 million) from new customers last year, according to Vietcombank Securities. Bancassurance refers to insurance products sold through banks. Premium income from new customers increased by 45% during the year, and overall premiums at by 16%. Military Bank …
Read More »Soy milk contaminated during shipment to Japan, not in its plant: Vinasoy
A consignment of soy milk found contaminated and destroyed in Japan must have been tainted en route, Vietnamese exporter Vinasoy has said. Tests by the National Institute For Food Control on Monday did not find coliform bacteria in the Fami Calcium Soy Milk samples it had retained from the export …
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