Business

Despite an increase in gasoline prices, several retailers in HCMC still complained Tuesday afternoon about not having enough gasoline to sell. At a gas station on Pham Van Chieu Street in Go Vap District, employees said the number of customers coming since early morning was so high that their gasoline …

Vietnam’s benchmark VN-Index dropped 3.48% to 1,006.2 points Tuesday with eight blue chips on the floor as global markets tumbled amid forecasts of the U.S. falling into a recession. The index closed 36.3 points lower after gaining 6.6 points on Monday. It is now at the lowest since November 30, …

For the first time in nearly three months, RON95 gasoline prices increased by 2.6% after retailers repeatedly complained that the low retail price caused them to sell at a loss. Starting 3 p.m. Tuesday, RON95 was sold at VND22,000 ($0.92) per liter, ending a chain of nine consecutive decreases. It …

Vietnam’s benchmark VN-Index plunged 1,010 points early afternoon Tuesday, the lowest since December 2020, as global market dived amid forecasts that the U.S. could fall into a recession next year. VN-Index was declining 33 points at 1.40 p.m. after inching up by nearly 7 points Monday. The NASDAQ Composite Index …

Most salaried employees in the country think they are paid less than they actually are, possibly causing many to look for other jobs, a survey has found. The study by recruitment firms Talentnet and Mercer found 80% of workers earning more than the average salary think they are paid less …

French luxury ship Le Laperouse arrived in Hue on Monday with 106 European tourists, marking the return of international cruise vessels to the central town. The passengers are mainly from France, Italy, Spain, and Sweden. They visited the UNESCO heritage site Hue Imperial Citadel and King Minh Mang’s tomb and …

Budget carrier Vietjet on Monday restarted flights between Da Nang and Tokyo as Japan fully reopened its borders. It operates daily flights. Japan has been allowing tourists from Vietnam since last month, with those having got a third dose of a Pfizer, AstraZeneca, Moderna, Janssen, Bharat Biotech, or Nonavax vaccine …

Finnish investment fund PYN Elite posted its biggest loss in September — 13.19% — since March 2020 as the Vietnamese stock market tumbled amid global headwinds. In the year to date the VN-Index lost 30.9% while PYN lost 28.65%. “Vietnamese stocks are already cheap, but they can of course decline …

The number of new retail accounts opened at securities brokerages plunged to 102,144 in September, the lowest since July last year, in lockstep with the market’s downward spiral. It fell for a fourth month in a row after reaching a historic peak of 476,332 in May. In the year to …

The stone bench project will start at the end of December, carrying inspirational messages through quotes engraved on it. Inspired by the desire to spread a spirit of business initiatives, Khai Hoan Land will launch a community project including stone benches with famous quotes etched on them. The project will …