Business

Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet high government officials from Jan. 10-13, the Ministry of Finance said on Friday. There will be no media opportunities during his visits, but the minister will brief reporters on results of the trip at a news …

SJC gold price dropped 0.14% to VND66.9 million ($2,848.93) per tael Friday morning. Gold ring price fell 0.18% to VND54.25 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global spot gold rose 0.3% to $1,838.38 per ounce, on track for a third straight weekly gain, with investors …

Rental properties in HCMC saw demand recover and rents surge by up to 30% in 2022 after falling sharply the previous year. All segments, including offices, apartments, townhouses, and retail space began to recover after the first quarter, and boomed in the fourth, from the gloom caused by the Covid …

Foreign visitors to Thailand will have to present proof of at least two Covid-19 vaccinations, a requirement that had been scrapped last October. Visitors continuing on from Thailand to a country where a negative RT-PCR test result need to have insurance, Bangkok Post reported. Minister of Public Health Anutin Charnvirakul …

Electricity supply, made up of both domestic production and imports, is set to increase by 5.96% from last year to 284.5 billion kilowatt-hours in 2023. The Ministry of Industry and Trade ordered the country’s main coal producers, Vinacomin and Dong Bac Corp, to ensure supply is adequate for power production …

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world’s largest memory chip, smartphone and TV maker – a bellwether for …

The Nghi Son oil refinery will cut production by 20-25% this month as it fixes a technical issue which could affect supply. The Ministry of Industry and Trade said the reason is that the refinery in the central province of Thanh Hoa has shut down its residue fluid catalytic cracking …

Budget carrier Bamboo Airways has announced the founding of Bamboo Airways Cargo in an effort to develop a larger network of affiliates in Vietnam’s sparse aviation ecosystem. Hanoi-based Bamboo Airways Joint Stock Company (BAC) is launching with a charter capital of VND20 billion ($833,000), 75% of which has been contributed …

Son Doong is the only Vietnamese representative in the list of 10 ‘most incredible caves in the world’ published by Canadian magazine The Travel. “Being 200m high and 175m wide as well as 9.4km in length, this cave is estimated to fit a 40-story New York skyscraper,” it said. Son …

My Tho noodle soup is a favorite among the people of the Mekong Delta and can be eaten at any meal during the day, breakfast, lunch or dinner. Along with Sa Dec and Nam Vang noodle soups, Hu Tieu My Tho – My Tho noodle soup – is a well-known …