Monday , November 25 2024

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Business

Boeing wants to expand supply chains in Vietnam: director

Boeing wants to expand supply chains in Vietnam: director

Boeing said it wants to develop its supply chain Vietnam by making domestic businesses their suppliers. On the side of the Boeing Aerospace Industry Forum on Thursday, Michael Nguyen, general director of Boeing Vietnam, said that in the next 30 years, experts believe Southeast Asia would need 4,000 planes, with …

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VN-Index posts seven-session high gain

VN-Index posts seven-session high gain

Vietnam’s benchmark VN-Index rose 0.92% to 1,288.88 points Thursday, its biggest one-day increase since mid-August. The index closed 11.72 points higher after gaining 6.35 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange increased by 1.89% to VND15.48 trillion ($661.1 million). The VN-30 basket, comprising the 30 largest …

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Foreign workers send home $10 bln a year: report

Foreign workers send home $10 bln a year: report

Over one million Vietnamese have gone abroad to work since 2012, sending home around $10 billion each year, a government report has found. The number of workers abroad increased by 7-10% annually, and an average worker makes VND200 million ($8,541) a year, according to a report by the Central Economic …

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Foreign expansion ‘the only option’: Hoa Binh chairman

Foreign expansion 'the only option': Hoa Binh chairman

The chairman of construction giant Hoa Binh Group said the domestic market was “too cramped,” and expanding abroad is the only option for its billion-dollar sales target. It will focus on four markets: Australia, Canada, Texas and Europe, the company’s management told shareholders at an extraordinary shareholder meeting on Wednesday. …

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