Business

Vietnam’s benchmark VN-Index rose 1.10% to 1,015.66 points Wednesday. The index closed 11.09 points higher after gaining 19.36 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 11.52% to VND10.67 trillion ($451.54 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 19 tickers …

NFQ Group, a partner for digital business for customer worldwide, has continued its international expansion and gained a foothold in Africa by taking a majority stake in Cairo-based Dlivr.io. The stake purchase is expected to boost NFQ’s portfolio of remote IT resources alongside established operations in Asia and Europe, and …

The Airports Corporation of Vietnam reported pre-tax profits of some VND7.56 trillion (US$315 million) for this year, or 70% of the figure in the pre-pandemic year of 2019. It represented a 10-fold increase from last year for the operator of 22 airports across the country. Its revenues were over VND15.38 …

The Anam Mui Ne Resort in Mui Ne, scheduled to open in January, is one of 20 new hotels to check out in 2023, CNN has recommended. The resort has Indochina-inspired designs with mosaic tiles, statues on plinths, clawfoot bathtubs, and leather-bound tables. Its 127 rooms feature original paintings by …

Vietnam’s aquatic products are expected to earn about a record $11 billion from export this year, up 23.8% annually and 22% compared to the plan, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien. He revealed the figures during a recent conference of the Ministry of Agriculture and …

Vietnam’s central bank said on Tuesday it was making efforts to shore up foreign exchange reserves by buying up more U.S. dollars, after it was forced to sell a large amount of greenback earlier in the year to support its dong currency. “There have been positive signals on the foreign …

Vietnamese billionaires saw their combined net worth decline by over $6.1 billion in the last nine months as the stock market plunged amid a depressed economic scene. As of December 26, Vietnam had six billionaires, down from seven in March, according to real-time data from Forbes. The business magazine usually …

Vietnamese billionaires saw their combined net worth decline by over $6.1 billion in the last nine months as the stock market plunged amid a depressed economic scene. As of December 26, Vietnam had six billionaires, down from seven in March, according to real-time data from Forbes. The business magazine usually …

Office rents in HCMC could decrease slightly in 2023 amid a bigger supply of space, commercial property adviser Knight Frank Vietnam said. The UK company forecast the grade A office space rent to decrease by around US$2 per square meter per month. The average rate now in the central business …

Khang lost his job as a real estate broker four months ago when his company laid off most of its employees. The medium-sized company, which offers brokerage services in HCMC and southern provinces, was operating perfunctorily since late last year, and the situation deteriorated further in April this year when …