Business

Hanoi authorities have targeted GRDP (gross regional domestic product) growth of 7% next year, down from an expected 8.8% this year amid many difficulties. At a meeting on socioeconomic development plans for 2023 held Monday, the Hanoi People’s Committee also set a target of increasing GRDP per capita to some …

The cryptocurrency market has faced turbulence this year, but it will not die, Dr Tran Quoc Tuan, senior lecturer in finance and accounting at the British University of Bristol, tells VnExpress. This year has seen frequent volatility in the cryptocurrency market, with Bitcoin’s value plummeting from a peak of $68,000 …

Authorities in Lam Dong Province have agreed to the trial use of an open-top bus service in the resort town of Da Lat in an effort to boost the travel experience. The trial run will last until the end of this month, according to the provincial portal. The journey winds …

GEX Investment is set to sell 80 million shares, or 9.39% of its total stake, in electrical equipment manufacturer Gelex Group to restructure its investment portfolio. The company has registered to make the sale between December 14 and January 12, either by matching or put-through orders. GEX Investment currently holds …

Gasoline prices plunged to their lowest point this year on Monday after having fallen by more than a third since June. The RON95 price dropped 6.6% to VND21,200 ($0.90) per liter, while biofuel E5 RON92 dropped 6.1% to VND20,340. The price of diesel fell 6.6% to VND21,670. Global fuel prices …

Benjamin Schwarz, General Manager of the newly-opened Crowne Plaza Vinh Yen City Centre, shared how millennials and Gen Z professionals have driven the trend of blended travel. The boundaries between business and leisure travel have become blurred as a new generation of young executives, connected travelers and digital nomads seek …

The American University of Science (AUS) and Cebu Technological University (CTU) have signed an MOU to offer graduate programs to students at the Philippines school. The MOU, signed on November 28 at CTU campus in Cebu in the Philippines, is a strategic cooperation program that aims to open global opportunities …

British celebrity chef and television personality Gordon Ramsay has named Laos and Vietnam the world’s top food destinations, calling the latter an “extraordinary melting pot of great food.” During an interview with South Korean Youtuber Cho Seung-yeon published earlier this month, Cho asked Ramsay, “Where would you say is the …

The recent layoffs by tech firms in the U.S.’s Silicon Valley have not greatly affected Vietnamese there, and things will return to normal soon, Le Chan, chief engineer at AI startup TruEra, tells VnExpress. Layoffs.fyi, the layoff statistics site, shows that more than 100,000 technology employees have been laid off …

The recent layoffs by tech firms in the U.S.’s Silicon Valley have not greatly affected Vietnamese there, and things will return to normal soon, Le Chan, chief engineer at AI startup TruEra, tells VnExpress. Layoffs.fyi, the layoff statistics site, shows that more than 100,000 technology employees have been laid off …