Business

Authorities in Da Nang, a popular tourism hub, revealed two Indian billionaires would organize wedding parties in the central coastal city next January. At a meeting with Da Nang tourism officials in India last week, Satish Ramnani, director of Veydaa Events Company, said his company is working with Vietnamese partners …

Authorities in Da Nang, a popular tourism hub, revealed two Indian billionaires would organize wedding parties in the central coastal city next January. At a meeting with Da Nang tourism officials in India last week, Satish Ramnani, director of Veydaa Events Company, said his company is working with Vietnamese partners …

The northern province of Ha Giang, famous for rice terraces and mountain passes, wants a plan to build Tan Quang Airport to be included in the national aviation development scheme. In a proposal submitted to the Ministry of Transport, provincial authorities said the airport would cover an area of 388 …

Vietnam’s benchmark VN-Index dropped 4.03% to 1086.44 points Monday, its biggest drop in over three months. The index closed 45.7 points lower after gaining 6 points on Friday. It is now hovering around the level recorded in February 2021. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by …

Gasoline prices fell for the ninth time in a row to the same level as August 2021 with a liter of RON95 priced at VND21,440 ($0.9). The most popular gasoline in Vietnam, accounting for around 60% of sales, declined by 5% from the previous adjustment on Sept. 21. Biofuel E5 …

Video-on-demand service providers, like Netflix or Apple TV, will need to seek licenses from the Vietnamese government to operate in the country, a new decree says. They will need to fill out a form for the Ministry of Information and Communications just like their local counterparts, said the decree, which …

The Central Power Real Estate JSC stock hit the price ceiling for 11 consecutive days in September despite making no changes to its business activities. On the Ho Chi Minh Stock Exchange, LEC rose from VND7,000 -14,550 ($0.29-0.61) by month-end though there was otherwise a sell-off by both domestic and …

U.S. travel site The Points Guy has named a train ride called The Vietage through central Vietnam between Da Nang and Quy Nhon among the world’s seven most luxurious. Launched by Anantara Hotels in 2020, the six-hour train ride runs daily between Anantara Hoi An Resort and the Anantara Quy …

Average townhouse prices in Ho Chi Minh City have nearly doubled from a year ago to US$12,300 per square meter, property consultancy Cushman & Wakefield said. New supply quadrupled to 450 units in six projects, 86% of them in Thu Duc City, it said in a note. The west and …

The so-called Big Four, Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers, audit 40% of publicly traded companies in Vietnam. As of last year, Vietnam’s three stock markets, HoSE, HNX and UPCoM, had over 1,600 firms listed, and the four companies audited 664 of them. Their total revenues in 2021 were …