Business

Google launched its e-wallets in Vietnam Tuesday, allowing people to use them with Visa credit and debit cards issued by certain banks. Google Wallet would allow Android users to add Visa credit and debit cards to their phones for payment, replacing physical cards. Supported banks are ACB, Sacombank, Shinhan Bank, …

Visa hassles, limited international flights and poor tourism services are dissuading foreign tourists from returning to Vietnam post-pandemic. “So many people have changed their destination to travel to Thailand where they can get visa-free entry of up to 90 days, instead of Vietnam which requires visa runs every month,” Miquel …

Thailand has extended its e-visa service to nine more countries, raising to 23 the number of countries and territories whose nationals can benefit from this service. Prominent among the 23 countries and territories are Canada, the U.S., U.K., South Korea and China, The Thaiger reports. The extension took effect at …

Vietnam’s benchmark VN-Index closed 3.1% lower Tuesday, a new bottom this year, with 11 blue chips hitting floor price. The index fell 29 points after losing 13 points Monday. It has fallen 39% this year and is now lowest since October 2020. Trading on the main bourse Ho Chi Minh …

Masan Group CEO said he expected Germany government to facilitate investment in renewable technology at the Vietnam – Germany Business Roundtable on Nov. 13. “As one of the leading private sector groups in Vietnam, Masan actively seeks and develops relationship with major partners worldwide in the fields we do business,” …

The second Rolls-Royce pledged as collateral by former FLC chairman Trinh Van Quyet failed to attract any bid Tuesday and it will go under the hammer again later this month. Two other FLC-related vehicles will also be auctioned alongside the Rolls-Royce Phantom. With no one registering to participate in the …

Auto sales rose by 6% from the previous month to 44,734 units in October. The figure is a combination of data from the Vietnam Automobile Manufacturers Association (VAMA), Hyundai and TC Motor. VinFast did not publish its figures for a second month in a row or say why. In the …

Gasoline shortages continue to be reported in Hanoi and Ho Chi Minh City with retailers complaining that pump prices still do not fully reflect their costs. Hanoi Grab motorbike driver Nguyen Ngoc Hoan had been waiting for 15 minutes at a filling station in Ha Dong District on Monday afternoon, …

Taiwanese authorities will resume issuance of electronic visas to Vietnamese tour groups on November 22 under a special program that was suspended for over two years due to Covid. The Taipei Economic and Cultural Office in Hanoi told VnExpress that there are 121 designated Vietnamese travel agencies that could apply …

Thien Long Group has completed two big projects, the Thien Long Long Thanh factory and a distribution center in HCMC’s Binh Chanh District. Thien Long Group, one of Vietnam’s leading stationery groups, on Nov. 13 put into operation Thien Long Long Thanh Factory in Dong Nai Province. The new factory …