Business

Delivery company Ahamove has partnered with automaker VinFast to launch AhaFast, the first delivery service in Vietnam to use only electric bikes. AhaFast began operation Thursday in Da Nang City with 100 electric Feliz S motorbikes provided by VinFast. The electric bike service will be expanded to Hanoi, Ho Chi …

U.S. magazine Condé Nast Traveler has listed Ho Chi Minh City among seven destinations that “are seeing surges in interests from American travelers this fall.” Vietnam’s biggest city has seen a 46 percent increase in searches this fall compared to 2019, it said citing data from American online travel agency …

Fuel distributors want a commission of VND1,500 ($0.06) per liter instead of zero as the mounting losses are pushing them to the verge of bankruptcy. “We invest billions of dong in a gas station but our current profit is less than a grocery store’s,” lamented an owner at a meeting …

Vietnam’s domestic coffee prices stayed unchanged on Thursday from a week earlier, with trading activities expected to remain subdued until the next harvest season in October, traders said. Farmers in the Central Highlands, Vietnam’s largest coffee-growing area, sold beans COFVN-DAK at VND47,000-48,200 ($2.00-$2.05) per kilograms. “Both farmers and traders are …

Putting a limit on apartment ownership is necessary to ensure residents’ safety, the Ministry of Construction said, reiterating and clarifying a proposal that was faced with backlash four months ago. The ministry clarifies that it does not put a specific duration on apartment ownership and this will be determined by …

Vietnam is where people put the biggest share of their money into cryptocurrency, according to a study by US blockchain data platform Chainanalysis. Study results released Wednesday in Chainanalysis’s 2021 Global Crypto Adoption Index shows Vietnam making the maximum score of 1, placing it above the Philippines (0.75), Ukraine (0.69) …

Putting a limit on apartment ownership is necessary to ensure residents’ safety, the Ministry of Construction said, reiterating and clarifying a proposal that was faced with backlash four months ago. The ministry clarifies that it does not put a specific duration on apartment ownership and this will be determined by …

Digital bank Cake by VPBank and Be have signed a comprehensive cooperation agreement with Viettel Money from Viettel Group’s digital financial and commercial ecosystem. The handshake embarks on the three firms’ development strategy and cooperation in finance and technology. Accordingly, Viettel Money’s 20 million users will have access to Cake …

Elevit, a prenatal multivitamin brand of Bayer, partnered with Vitamin Angels, a public health nonprofit, to launch the “Every Beginning” campaign in Vietnam, providing moms and babies access to essential nutrients. Parents and parents-to-be can join Elevit’s “Every Beginning” community to exchange stories and experiences as well as celebrate the …

Vietnam Airlines is trying to prevent its shares from being delisted from the Ho Chi Minh Stock Exchange, but it needs approval from the government for its restructuring. The state-owned carrier, which was warned by the country’s main bourse earlier this month about possible delisting due to mounting losses, has …