Business

Auto sales in Vietnam went up for the third month in a row with 30,846 units sold in August, up 247% from the low base in the same month last year. Sales were highest since May when over 43,800 units were sold, according to data from Vietnam Automobile Manufacturers Association …

Two Vietnamese edtech startups raised US$16 million in funding last Thursday, marking the latest episode of foreign investment and expansion in the country. Online tutoring platform Vuihoc raised $2 million in its latest funding round led by BAce Capital, a venture fund backed by Japanese giant Ant Group, and with …

Mergers and acquisition value in Vietnam hit $4.97 billion in the first six months, nearly the same as last year’s total, a report has found. “We still observed a strong growth of private equity and venture capital investments during the first half of the year despite some turbulence in equity …

Mergers and acquisition value in Vietnam hit $4.97 billion in the first six months, nearly the same as last year’s total, a report has found. “We still observed a strong growth of private equity and venture capital investments during the first half of the year despite some turbulence in equity …

U.K.-based cruise line Emerald Cruises has announced their tour itineraries for 2023 and 2024, enabling tourists to discover Southeast Asia, including Vietnam’s Mekong Delta. For an 8-day tour, the cruise departs from Ho Chi Minh City before visiting small communities in the Mekong Delta where tourists will explore the ancient …

Vietnam’s benchmark VN-Index dipped 0.1% to 1,248.4 points Tuesday. The index closed 1.22 points lower after gaining 0.84 points on Monday. Trading on the Ho Chi Minh Stock Exchange rose 18.62% to VND12.75 trillion ($541.5 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 17 tickers drop. PDR …

After many months of searching Quynh Tram in Hanoi realized that with her budget of VND3 billion (US$128,000) she could not buy an apartment in an urban area. In mid-2021 the woman from Bac Tu Liem District tried to buy a small new apartment at the Diplomatic Corps project near …

Serviced apartment rents in HCMC’s central districts have risen by 6-8% year-on-year as of this month while the occupancy rate has doubled. As of early September the fill rates at serviced apartments in districts 1, 3, Phu Nhuan, and Binh Thanh surged 70-80%, up from 30-40% in 2020 and 20% …

Despite the current global economic downturn, Vietnam will “not sit and wait” but vigorously seek ways to stabilize and restore the economy, says Prime Minister Pham Minh Chinh. Chinh’s assertion came as he presided over a Monday conference on maintaining macroeconomic stability, managing inflation, stimulating growth and ensuring a balanced …

The northern province of Tuyen Quang wants its proposal to build an airport near a tourist site added to the national aviation development scheme. Na Hang Airport would be built in two phases under the public-private partnership mode to boost economic and tourism development in Tuyen Quang, provincial authorities said …