Business

Several property stocks doubled within weeks as the market shows signs of recovery as investors bought the dip after major plunges. In the last two weeks NLG of real estate developer Nam Long Investment Corp surged nearly 55% to over VND27,400 ($1.11). Other tickers such as SCR of Sai Gon …

Investors are keen on knowing when the property market has reached its bottom, but industry insiders say the slide has just begun and further decline can be expected next year. The secondary market in southern Vietnam has become vibrant in recent weeks with investors facing a financial crunch selling properties …

The U.S. dollar depreciated over the Vietnamese dong on the black market Tuesday by 0.12% to VND25,020. It remained unchanged at banks. Vietcombank sold it at VND24,850, and Eximbank at VND24,840. The rate at Techcombank is VND24,848. The State Bank of Vietnam (SBV) maintained its reference rate is at VND23,667. …

Vietnam’s benchmark VN-Index rose 2.63% to 1032.16 points Tuesday, with stock trading surging to the highest since September 7. The index closed 26.47 points higher after gaining 34.23 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 14% to VND18.25 trillion ($738.12 million) The VN-30 …

California Fitness & Yoga, one of the most popular high-end gym chains in Vietnam, is suspending its expansion to focus on retaining members while its competitors race to open more facilities. “We are not perfect,” said Dane Fort, CEO of FLG Vietnam, which operates California Fitness & Yoga. “We developed …

Prices of gold bars branded SJC on Tuesday decreased 0.2% from the previous day to VND67.2 million ($2,714) per tael. Selling prices of gold rings remained remained unchanged at VND54 million per tael. A tael is equal to 37.5 grams or 1.2 ounces. Gold prices were flat in early Asian …

Online shopping and cooking platform Cooky has raised $4.5 million in a funding round led by Vietnam’s Do Ventures, South Korea’s Nextrans. The funding will be used for research and development to create more nutritious recipes at a better cost, said Cooky’s founders Dang Hoang Minh and Nguyen Thanh Dai, …

Online shopping and cooking platform Cooky has raised $4.5 million in a funding round led by Vietnam’s Do Ventures, South Korea’s Nextrans. The funding will be used for research and development to create more nutritious recipes at a better cost, said Cooky’s founders Dang Hoang Minh and Nguyen Thanh Dai, …

Vietnam earned $10.2 billion from exporting garments, textiles, footwear, arm produce and other products, to Latin American countries in the first 10 months, a year-on-year increase of 5.3%. In the same period, the country imported goods worth $8.6 billion, up 17.3% year-on-year, it was reported at the Vietnam-Latin America Trade …

TP HCMThe third season of Korea Festival was held from November 18 to 27 at Estella Place shopping mall. The Korea Festival, themed “The Soul Station”, featured Korean products for beauty, cuisine, and lifestyle, honoring 30 years of diplomatic relations between Vietnam and South Korea. Shoppers to Estella Place, at …