Business

Vietnam’s economy grew by 8.83% in the first nine months, the highest for the period since 2011-2022, thanks to a 13.67% surge in the third quarter. Manufacturing grew by 10.69%, and retail and services by 21%. Foreign investors continued to make a beeline for Vietnam, and FDI rose by 16.3% …

Thai company ThaiBev has dismissed rumors it wants to sell Vietnam’s biggest brewer Sabeco. “It’s our crown jewel, a rare asset among all brewing assets in the region,” Nikkei reported Thapana Sirivadhanabhakdi, CEO of ThaiBev Group, as saying at the company’s annual press conference Tuesday. He was asked about rumors …

Dr. Nguyen Ngoc Hai says inner tray orthodontic technology and AI protocols will be the future of cosmetic dentistry.     Doctor predicts AI dominance in cosmetic dentistry Nha Khoa AI-Smile Talks about technology

The New York Times has listed Capella Hanoi, which opened in 2021 amid the Covid pandemic, among 10 “new standout hotels in Asia.” Standing on Le Phung Hieu Street in Hanoi’s Old Quarter, just a few steps from the iconic Hanoi Opera House, the hotel has 47 rooms and suites, …

As floodwaters in Hoi An started receding Wednesday, a group of French tourists in Hoi An joined local residents to clear mud and collect garbage along An Hoi Bridge that crosses the Hoai River.     French tourists join Hoi An cleanup after Storm Noru French tourists clean up trash …

Market capitalization on the Ho Chi Minh Stock Exchange (HOSE) has dropped by 22.1% compared to the beginning of the year to VND4.64 quadrillion ($195.45 billion). The market benchmark VN-Index and market capitalization have fluctuated at the same time. The values of a series of stocks, especially those in the …

Cash-starved businesses in Vietnam have found it difficult to get loans from commercial banks because the latter’s credit quotas have been reached. High interest rates have been another major barrier. Construction company Dai Dung in Ho Chi Minh City has struggled to borrow from banks at interest rates 8-10% a …

A study by British luxury holiday company Destination2 revealed Nha Trang and Vung Tau were among the world’s 10 most viewed beaches on social media platform TikTok. Stretching for almost seven kilometers, Nha Trang in the central province of Khanh Hoa ranked third on the list with 64.6 million views, …

Tardy public spending and disbursement of Covid-19 relief could have repercussions for Vietnam’s economic growth, experts have warned. Many contractors undertaking public works have expressed frustration at delays in payment by the government. Nguyen Quoc Hiep, president of the Vietnam Association of Construction Contractors, said: “The problem of outstanding debt …

Vietnam’s benchmark VN-Index dropped 1.96% in its fourth losing session to 1143.62 points Wednesday, lowest since February 9 last year. The index closed 22.9 points lower after losing 7.8 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 11% to VND11.78 trillion ($495.53 million). The …