Business

The Ho Chi Minh Stock Exchange (HoSE), Vietnam’s main bourse, saw market capitalization decline by VND1,820 trillion (US$77 billion) in 2022 as the benchmark VN-Index fell by double digits. The market cap fell by 31% to VND4,017 trillion after rising to VND5,838 the previous year. At one point in early …

Apartment prices in the primary market in HCMC rose by 21% in the last quarter of 2022, but sales declined by 76%, property services company Cushman & Wakefield said. The average rate rose to US$3,400 per square meter since no new low-priced apartments entered the market, and all the launches …

Popular travel destinations like Hoi An, Nha Trang and Da Nang saw an influx of foreign visitors during the New Year holidays, heralding a fruitful year for tourism. Over 89,000 foreign tourists visited Hoi An town during the three-day holiday that began on Saturday, while the number of domestic tourists …

Many real estate companies have laid off 40-50% of their sales staff in 2022 amid the market slump. The number of employees, mostly in the sales, after-sales, marketing, and legal departments, leaving the market in the last two quarters of the year is estimated in the thousands. Some small and …

Hue has always been known for its rich and wonderful food culture. In addition to various traditional cakes, there is a unique drink that visitors must try when in the ancient capital: salted coffee. Over the past 10 years, salted coffee has become quite popular among local people and tourists …

As China announced it would reopen its borders on January 8 after being shut for nearly three years, travel agencies around Vietnam said they were anxiously awaiting the return of Chinese tourists. Vo Quang Hoang, chairman of Khanh Hoa Hotel Association, said many hotels in Nha Trang, traditionally a popular …

When domestic demand declined, the owner of Song Huong Foods took it as an opportunity for his family company to sell pickles and fermented seafood to the U.S. After working for more than 10 years at Mobile World Investment Joint Stock Co., Nguyen Le Quoc Tuan, 37, took over Song …

The demand for new workers in textiles and construction and for marketing and sales jobs dropped by more than 50% in the fourth quarter, Navigos Group said. A recent report by the recruitment firm said as against the same period in 2019, the year before the Covid pandemic began, demand …

You can now enjoy the fanciest version of pho right in the heart of Hanoi.     A fancy bowl of lobster pho A fancy bowl of lobster pho

Construction of 12 segments cover a total length of 729 km to extend the North-South Expressway started Sunday. The construction, set to be completed by 2025, will be done in 12 cities and provinces at a cost of VND146.99 trillion (US$6 billion) by a public-private partnership. The segments are part …