Monday , November 25 2024

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Business

VN-Index posts eight-session high loss

VN-Index posts eight-session high loss

Vietnam’s benchmark VN-Index dropped 0.84 percent to 1,288.62 points Thursday, the biggest loss in eight sessions. The index stayed mostly in the red throughout the day and closed 10.9 points lower after gaining 6.8 points Wednesday. Trading on the Ho Chi Minh Stock Exchange rose marginally to VND16.46 trillion ($709.6 …

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Farm, forestry, fisheries exports up 20 pct

Farm, forestry, fisheries exports up 20 pct

Agriculture, forestry and fisheries exports rose by 20.3 percent year-on-year in the first five months to US$13.08 billion. They accounted for 8.55 percent of the country’s exports, according to the Ministry of Industry and Trade. High growth was seen in fisheries, rice and cassava products. Fisheries exports grew by 45 …

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Apple to produce iPad in Vietnam for the first time

Apple to produce iPad in Vietnam for the first time

Apple will make its iPads for the first time in Vietnam as part of efforts to diversify its supply chain and reduce dependence on China, its main manufacturer. The company is moving some iPad production out of China and to Vietnam after strict Covid-19 lockdowns in and around Shanghai led …

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Singapore lender appoints new Vietnam CEO

Singapore lender appoints new Vietnam CEO

Singaporean bank UOB has named Victor Ngo its CEO in Vietnam. The 30-year banking veteran replaces Harry Loh, who returns to Singapore to lead group non-financial risk management, according to a statement. He started working for UOB in 2004 and has occupied several key positions, including head of group internal …

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Đà Nẵng, Quảng Nam hold events to kick-start tourism

  Visitors are welcomed at Đà Nẵng International Airport. The city will host the Routes Asia Development Forum on June 4-9. VNA/VNS Photo  CENTRAL REGION — The Routes Asia Development Forum will be held in Đà Nẵng City on June 4-9, with the participation of airlines in Asia and Europe, including British …

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