Sunday , November 24 2024

Business

Business

South Korean TV brands dominate Vietnam market

South Korean TV brands dominate Vietnam market

South Korean TV manufacturers Samsung and LG account for more than 50% of Vietnam’s market share, ranking first and third place respectively. Samsung leads with a 35-40.5% share of the market for each month between October last year and this year, according to Thanh Nien newspaper quoted a report by …

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Two-thirds of blue chips close in green

Two-thirds of blue chips close in green

Vietnam’s benchmark VN-Index rose 0.91% to 1050.53 points Thursday with 20 out of 30 blue chips in the green. The index closed 9.51 points higher after losing 7.67 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 10.02% to VND15.45 trillion ($649 million). The VN-30 …

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Air tickets nearly sold out for Tet as travel demand picks up

Though there’s around one month left until Tet, air tickets to many destinations for Vietnam’s biggest holiday are nearly sold out, with prices for remaining seats double the norm. After knowing the government’s official announcement about the upcoming Tet holiday break, Minh Hanh, who lives in HCMC, started searching for …

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Airbus seeks to supply helicopters to Vietnam

Airbus seeks to supply helicopters to Vietnam

Airbus is seeking to expand its aerospace partnership with Vietnam and increase helicopter sales as it sees rising demand for military use and oil exploration. The company realizes the potential of Vietnam’s aerospace industry, Johan Pelissier, Airbus general manager in charge of defense and aerospace for the Asia-Pacific region, told …

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Dollar inches up

Dollar inches up

The U.S. dollar gained over the Vietnamese dong marginally at several banks Thursday morning but dropped on the black market. Vietcombank sold the dollar at VND24,060 Thursday, up 0.17% from Wednesday. TPBank increased the rate by 0.02% to VND24,200. Eximbank kept the rate unchanged at VND24,020, and Techcombank maintained it …

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Gold prices drop marginally

Gold prices drop marginally

SJC gold prices fell 0.15% to VND67 million ($2,805.70) per tael Thursday morning. Gold ring prices gained 0.19% to VND54 million. A tael equals 37.5 grams or 1.2 ounces. Gold prices were little changed in early Asian trade on Thursday, after bullion jumped more than 1% in the previous session …

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