Monday , November 25 2024

Business

Business

VN-Index dips marginally

VN-Index dips marginally

Vietnam’s benchmark VN-Index dropped 0.23 percent to 1,176.49 points Monday. The index closed nearly 2.8 points lower, dragged down by last-minute selling, after losing 2.9 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 14 percent to VND11.23 trillion ($479.03 million). The VN-30 basket, comprising …

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Vietjet Air named among world’s top 10 budget airlines

Vietnam’s Vietjet Air has made it onto the list of 10 best budget airlines for 2022 by AirlineRatings, the world’s only airline safety and product rater. The budget carrier, owned by billionaire Nguyen Thi Phuong Thao, has joined the list along with the U.S.’s Allegiant Air and Southwest, Malaysia’s AirAsia, …

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Mobile World shuts down fashion chain after 6 months

Mobile World shuts down fashion chain after 6 months

Electronics retail giant Mobile World has shut down its AVAFashion business six months after branching out to the new sector in its search for new revenue streams. The of AVAFashion website has been shut down and is redirected to AVASport, Mobile World’s sportswear distributor. The largest electronics retailer in Vietnam …

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Commercial rents hit new high in HCMC central areas

Commercial rents hit new high in HCMC central areas

A shophouse on the main street of Nguyen Hue is being offered at US$350 per square meter per month, the highest commercial rent ever reported in HCMC. Rents in the central business district (CBD) of the city averaged $270 in the second quarter, according to property consultancies CBRE Vietnam and …

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Da Nang most searched summer destination

Online travel agency Booking.com says Da Nang was the most searched destination by Vietnamese tourists for this summer, followed by Hoi An and Da Lat. The rest of the top 10 destinations were: Phu Quoc Island, Nha Trang, Vung Tau, Ha Long, Quy Nhon, Ho Chi Minh City and Mui …

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Skilled labor shortage could hinder Vietnam growth: Google

Skilled labor shortage could hinder Vietnam growth: Google

Vietnam has overcome most obstacles to optimizing its digital system except the talent shortage, particularly in volume terms, Stephanie Davis, vice president of Google Southeast Asia, has said. “[Vietnam] needs more people trained with the right skills to move the country forward,” she said while speaking at an annoucement of …

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