Business

The UNESCO heritage site of Hoi An has been witnessing an inbound tourism revival with groups of foreign tourists visiting the ancient town and enjoying its various attractions. After Vietnam reopened international tourism mid-March with relaxed travel restrictions, Hoi An has welcomed around 8,000 foreign tourists from the U.S., Europe …

Stir Bar in Ho Chi Minh City was the only Vietnamese representative to break into the 2022 Asia 100 best bar list compiled by industry experts. Located on Le Thanh Ton Street in District 1, Stir ranked 84th on the list compiled by William Reed Business Media, a leading magazine …

  Pig farmers in Vietnam have been hit hard by skyrocketing feed prices. — Photo tienphong.vn HCM CITY — The price of livestock fodder has risen by 45-70 per cent over late 2020 because of higher input prices, inflicting heavy losses on farmers. Nguyễn Quang Vinh, a pig farmer in Đồng Nai …

  The Hòa Phát Dung Quất Complex in Quảng Nghãi Province. HPG stocks lost 3 per cent on Wednesday. Photo hoaphat.com.vn HÀ NỘI The markets reopened after the holiday on a gloomy note as weak cash flows dented outlook. The market’s breadth was skewed in favour of bears with decliners outnumbering …

HAGL saw its revenues tripling to VND802.6 billion ($34.94 million) in Q1, showing signs of recovery after years of gloomy business results. Some 74 percent of its revenues, or VND586 billion, were from fruit and pig sales. It also posted profits of VND249.3 billion, the quarterly highest since Q3/2018, against …

Vietnam’s gold consumption rose 6 percent year-on-year in the first quarter as inflation concerns pushed people to invest in safer assets. Gold consumption hit 19.6 tonnes, compared to 18.6 tonnes in the same quarter last year, according to the World Gold Council (WGC). Demand for gold bars and coins rose …

  Kim Byoungho, new chairman of HDBank. — Photo courtesy of the bank HCM CITY — HDBank has announced a resolution by its Board of Directors to elect Kim Byoungho, an independent member, as chairman with effect from April 29 with a plan to help take the bank into a new stage of development and stronger integration. The appointment …

Vietnam’s benchmark VN-Index fell 1.33 percent to 1,348.68 points Wednesday with a double-digit decline in trade as investors remain pessimistic over recovery potential. The index closed 18 points lower after rising nearly 16 points in the last session before the four-day holiday ending Tuesday, with 301 out of 479 tickers …

  Digital transformation is both a need and an inevitable trend that will help businesses expand business reach. — VNA/- VnExpress News Photo Vũ Sinh HCM CITY — Digital transformation is both a need and an inevitable trend that will help businesses survive and develop in the Industry 4.0 era, experts say. This …

Sales of new apartments in Ho Chi Minh City plunged 68 percent quarter-on-quarter to 1,385 units in the first quarter, the lowest in a year. The sales downed 30 percent compared to the same period last year, according to housing consultancy DKRA Vietnam. The firm attributed the slump to limited …