Thanh Cong, distributor of South Korea’s Hyundai automobiles in Vietnam, recorded a revenue of VND118 trillion ($5 billion) last year, an increase of 15.6% over 2021. The Thanh Cong Group sold more than 81,500 Hyundai automobiles of all kinds during the year, accounting for some 16% of the country’s total …
Read More »Nearly half of job seekers want a monthly salary of $850 upwards
Over 46% of job seekers want a monthly salary higher than VND20 million ($850), but firms are only able to pay this level to less than 11% of job vacancies. The report on the HCMC labor market by the HCMC Center of Forecasting Manpower Needs and Labor Market Information under …
Read More »Taxi firm Vinasun payroll increases again after 6 years
Vinasun’s payroll increased by 10% last year, the first time since 2016 hires outnumbered layoffs. The leading taxi operator said it had 2,013 employees at the end of last year, 136 more than at the beginning of the year. General director Ta Long Hy said the figures do not fully …
Read More »Salaries of mid- and senior-level employees to rise by 5-25%
Middle- and senior-level employees are likely to see their salaries rise 5-25% this year, according to surveys by several recruitment agencies. According to the results of a recent salary survey conducted by Navigos, nearly 27% of respondents said salaries of middle- and senior-level employees will rise by from 5% to …
Read More »Hanoi coffee shop among world’s quirkiest: US weekly magazine
Newsweek has placed The Note Coffee in Hanoi on a list of the world’s quirkiest coffee shops. “It’s not just the coffee,” said the American magazine, “but the hundreds of handwritten notes that adorn most every surface.” Located at 64 Luong Van Can Street right next to Hoan Kiem (Sword) …
Read More »Indonesia allows foreigners to apply for visas online to boost tourism
The Indonesian government has permitted foreigners to apply for a visitor visa or extend their visa online as Southeast Asia’s largest economy seeks to bolster tourism recovery post pandemic. Starting January 26, foreigners can apply for a tourist visa through the molina.imigrasi.go.id website without a sponsor, Director General of the …
Read More »Vietnam fuel imports doubled in 2022
Vietnam’s fuel oil and gasoline imports almost doubled to US$9 billion last year from $4.9 billion in 2021. Volumes were 28% up to 8.9 million tons. Diesel accounted for 54% of the volume, gasoline for 19% and jet fuel for 16%. South Korea was the biggest supplier, providing 3.2 million …
Read More »Braised pork and stuffed bitter melon soup at Tet: The meaning behind them
Braised pork with duck eggs and stuffed bitter melon soup have long been associated with regional characteristics and spiritual elements of southern Vietnamese life. A meal served in families in the south during Tet. Photo by Kho Qua Deo Every morning and evening from the 1st to the 3rd day …
Read More »Vegetable prices soar along with demand after Tet holidays
Vegetable prices have doubled at traditional markets in Hanoi and risen in double-digits in HCMC since Tet due to low supply. At Hanoi’s Nghia Tan Market, cabbage prices have tripled to VND25,000 ($1.07) since last Thursday, the last day of lunar 2022, while morning glory prices have risen by 100% …
Read More »Dollar declines on black market
The U.S. dollar dropped 0.04% to VND23,540 at unofficial exchange points Saturday morning. Meanwhile, the dollar rose slightly against the Vietnamese dong at some banks. Vietcombank sold the greenback at VND23,630, up 0.04% from Friday. The rate at Techcombank is VND23,645, up 0.06%. Eximbank and ACB kept the rate unchanged …
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