Business

Apple’s chief financial officer said iPhone sales was particularly impressive in several large emerging markets, including Vietnam. Times of India quoted Luca Maestri as saying Saturday: “We set September quarter records in the vast majority of markets we tracked. And our performance was particularly impressive in several large emerging markets, …

In recent months Gia Linh has picked up a new habit: hopping on the Cat Linh – Ha Dong metro train two days a week to go to school. The 23-year-old says: “It is fast and convenient. I get to escape from the dust and smoke of vehicles below. The …

IPP Air Cargo has asked the government to end the process of licensing its application to launch what would have been the nation’s first cargo airline. The company’s shareholders made the decision at a meeting Wednesday and a statement was sent a day later to the Government Office and the …

Several Mekong Delta stations have run out of gas and have had nothing to sell for the last few days except oil. They are also unsure when supplies will resume. On the National Highway 61C section running through Can Tho’s Cai Rang District, the Duong Hung gas station has put …

Electronics retail giant Mobile World recorded a Jan-Sept profit of VND3.48 trillion (US$140.14 million), up around 4% year-on-year, with revenues surging more than 18% to VND102 trillion. While its revenue was almost on track, the profit was slightly more than 50% of the annual target. Revenues from the corporation’s chain …

A steamed rice rolls stall in Hanoi has made a mark for itself with a dipping sauce made with waterbug extract and fish sauce, keeping its patrons happy for five decades.     Hanoi eatery stands out with fragrant, fatty waterbug sauce Hanoi eatery stands out with fragrant, fatty waterbug …

Vietnam has received over 2.35 million foreign visitors in the January-October period, reaching nearly half of this year’s five-million target. In October, the number of foreign visitors increased by 12% from the previous month to 484,000, according to the General Statistics Office. South Korea topped the list with 130,185 arrivals, …

Vietnam received $17.45 billion in foreign direct investment (FDI) in the first 10 months, up 15% year-on-year. The country could receive up to $22 billion this year, up 11.5% from 2021, according to the Ministry of Planning and Investment. FDI pledges, which indicate the size of future FDI disbursements, including …

Real estate firms are in dire need of capital amid tightening credit, which may fuel a property shortage in the coming time, experts said Friday. At a business forum in Ho Chi Minh City on Oct. 28, Vo Hong Thang, R&D vice director at property consultancy DKRA Vietnam, said credit …

Raising policy rates is imperative to keep exchange rates under control, a very important factor for foreign investors, State Bank of Vietnam governor Nguyen Thi Hong has said. To stabilize the forex market amid the global uncertainties, Vietnam needs to accept a short-term depreciation of its currency, she told lawmakers …