Business

The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders. The 2023 Asia-Pacific Investor Intentions Survey released recently by CBRE Vietnam showed that Ho Chi Minh City and Hanoi are among top 10 most attractive destinations for trans-border …

Apple has launched a section on its App Store in Vietnam dedicated to female Vietnamese developers and creators ahead of International Women’s Day on March 8. On Monday iPhone users in Vietnam began seeing a section on the Apple web site titled “Made By Vietnamese Women.” The section featured 18 …

Pham Nhat Vuong, Vietnam’s richest man, has established GSM, an all-electric taxi operator with a charter capital of VND3 trillion ($126.85 million). Vuong, who is also the chairman of Vingroup, owns a 95% stake in the company. GSM, which stands for “Green, Smart and Mobility,” will launch its taxi services …

Khanh Phan’s overhead shot of women in conical hats harvesting water lilies in the Mekong Delta has won the Grand Prize worth US$15,000 in the SkyPixel photo contest. Taken in Moc Hoa District in Long An Province last October, the photo shows two women wading in a pond and picking …

Banks have cut deposit interest rates by 0.3-0.5 percentage points after Prime Minister Pham Minh Chinh called on them to foster economic recovery. According to the State Bank of Vietnam, the four state-owned lenders, BIDV, Vietinbank, Vietcombank, and Agribank, cut their rates by 0.2 percentage points with effect from March …

Vietnam’s fruit and vegetable exports in the first two months of this year increased by 17.8% year-on-year to US$592 million. China accounted for 57.5% of the exports, according to the Ministry of Agriculture and Rural Development’s department of agricultural products processing and market development. Since early February when it reopened …

Aviation cargo transport passing through Vietnam’s airports dropped 28.2% year-on-year in the first two months of 2023 to 168,000 tons, according to the Civil Aviation Authority of Vietnam (CAAV). Industry insiders say that the spreading global economic recession has led to a decline in consumption. Although China has reopened its …

By working with an e-commerce platform like Lazada on Super Brand Day, many businesses have seen a boost in revenue and brand awareness. Skincare brand Kiehl’s has participated in Lazada’s “Super Brand Day” for four continuous years since the campaign was introduced, and has achieved outstanding achievements in its e-commerce …

For the last five years, Hoa Binh Construction Group has been struggling to get the payment for the construction of Cocobay Da Nang, but to no avail. The 31-hectare Cocobay Da Nang, one of the largest condotel projects in Vietnam, was launched in 2016 with a total investment of VND11 …

Masterise Homes hosted the topping out ceremony for The Ritz-Carlton Residences, Hanoi on March 3. (From L) Chris Aspinall, Director of HBA Vietnam, Marios Kyrikiades, CFO of Italian Fit-Out, Naved Agha, Deputy Head of Project Development of Masterise Homes, Penny Trinh, Senior Director of Mixed-use Development of Marriott International’s APEC, …