Business

CNN has included Vietnam’s popular banh mi in a list of the world’s 23 best sandwiches, saying “it is widely loved well beyond the country’s borders.” Banh mi is a fusion of cold cuts and vegetables like coriander, cucumber, pickled carrots and daikon combined with condiments from French cuisine like …

Asset management company Dragon Capital has sold 2.8 million shares of Military Commercial JSB (MBBank). Based on Monday’s closing price of VND24,600 (US$1.06), the transaction is estimated to be worth around VND70 billion. But funds under Dragon Capital still own 186.8 million shares or a 4.94 percent stake in MBBank. …

Some Vietnamese are trying to catch the falling knife that is Luna, a cryptocurrency that has lost 98 percent of its value. Hoai Phuong of the central Quang Tri Province said he invested US$100 in Luna after its price hit $0.00001 Friday night. “I thought I should try my luck, …

Gold prices fell to their lowest in five weeks Monday afternoon as they tracked a global fall. Saigon Jewelry Company (SJC) sold bullion at VND69.25 million per tael Monday, down 0.39 percent from Sunday. A tael equals 37.5 grams or 1.2 ounces. DOJI sold at VND68.9 million, down 1.01 percent. …

  Customers buy gold in a gold shop in Hà Nội. A tael of gold in Việt Nam was $838 higher than the global price on May 16. — VNA/- VnExpress News Photo Trần Việt HÀ NỘI — With the price of a tael of gold in Việt Nam more than US$800 higher than …

  Workers during a shift at an animal feed factory in northern Ninh Bình Province. — VNA/- VnExpress News Photo Thống Nhất HÀ NỘI — While Việt Nam’s economic recovery was gaining momentum, the Government must pay more attention to “inflation and heightened risks of weaker global demand and supply …

  Prime Minister Phạm Minh Chính (right) had a meeting with Joseph Bae, Co-Chief Executive Officer of the private equity firm Kohlberg Kravis Roberts in New York on May 16. — VNA/- VnExpress News Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính met with leaders of global investment firm …

  Goods at Cát Lái Port in HCM City. Demand for Việt Nam’s export goods can be reduced due to the global economic slowdown in the wake of the Fed’s rate increase. — VNA/- VnExpress News Photo HÀ NỘI — The latest interest rate hike by the US Federal Reversal (Fed) will …

  A woman shops for fresh fruits at a Winmart store in Hà Nội. — VNA/- VnExpress News Photo Trần Việt  HÀ NỘI — Domestic purchasing power has rebounded after a strong decline caused by the COVID-19 pandemic. That rebound has facilitated businesses to step up production and seize new opportunities, experts have said.  …

  Steel production at Việt-Đức Steel JSC’s factory in Vĩnh Phúc Province. Việt Nam mainly ships iron and steel to Laos. — VNA/- VnExpress News Photo Nguyễn Trọng Lịch HÀ NỘI — Since the establishment of bilateral diplomatic ties in 1962, Việt Nam and Laos have promoted cooperation across numerous spheres, with their trade …