Business

Analytical data from Google’s Destination Insights shows the frequency of international searches on Vietnam’s tourism has risen since November as the country reopened to foreign visitors. In early November, international searches on accommodation facilities in Vietnam increased by 48 percent against the same period last year and the figure climbed …

Vietnam’s benchmark VN-Index plunges by over 43 points Monday, a six-week low, as panic selling sent nearly 90 percent of tickers on the main bourse falling. The index started to drop in the afternoon and by around 2:47 p.m. it hit the bottom at 1,452.84 points. 446 tickers, or 87 …

The HCMC property market saw apartment supply drop to its lowest in six years, 14,339, last year, after declining by 22 percent from 2020, CBRE Vietnam said. In a note, it blamed this on tardy licensing of developments in the last few years and the severe impact of Covid-19 restrictions …

  Porsche expanded its footprint in Việt Nam with the opening of Porsche Studio Hà Nội. Photo Porsche HÀ NỘI— Việt Nam pales in comparison with Japan and China in regard to the size of the luxury market, but it has a great potential to become a highly profitable market in …

Two investors at the trading floor of TVSI Securities Co. — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Vietnamese stock market has witnessed drastic changes in both quality and quantity in 2021 and the trend will continue this year, BIDV Securities Company said in a recent report.  The firm said that the …

  Visitors at the 5th Việt Nam Rice Festivals in the southern province of Vĩnh Long earlier this month. — VNA/VnExpress News Photo Lê Thúy Hằng HÀ NỘI — With stable and high demand for specialty rice from Asia, the European Union (EU) remains a highly potential market for rice …

Sales of houses and villas in HCMC plunged by 67 percent last year to a four-year low of 1,000 with analysts attributing this to a growing focus on apartments. According to real estate consultancy Savills Vietnam, 51 percent of houses and villas were priced at over VND18 billion ($792,400), up …

  Shoes are made for export by workers of TEXCHE  Ltd Co in Hà Nội. — VNA/VnExpress News Photo Trần Việt  HÀ NỘI — Investment, export and domestic consumption are defined as three main pillars of the country’s economic development in 2022, according to economist Vũ Vinh Phú.  Phú told online paper laodongthudo that Việt Nam needed a great …

  The Tân Thuận Export Processing Zone in HCM City. Industrial parks and processing zones in the city hope to attract investment worth US$500 million this year. — Photo courtesy of HEPZA HCM CITY — The HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and …

  A corner of Thủ Thiêm new urban area. — VNA/VnExpress News Photo Quang  Compiled by Mai Hương On January 10, Tân Hoàng Minh Group’s chairman Đỗ Anh Dũng sent a letter to Party General Secretary Nguyễn Phú Trọng and other top leaders revealing its intention to pull-out of the purchase …