Business

Vietnam’s stock market was the seventh biggest gainer last year at 35.7 percent, outperforming regional peers, as new retail investors rushed to a new asset for profit. With the benchmark VN-Index rising 394 points to close the year at 1,498 points, Vietnam listed among the top 10 gaining stock markets …

This is VNDirect’s second syndicated loan in the foreign capital market in 2021 to support its business growth. Cathay United Bank acted as sole Mandated Lead Arranger and Bookrunner (MLAB) for this deal, which launched in September 2021 at an initial deal size of $98 million with a greenshoe option …

Aviation officials and travel firm representatives say the partial resumption of commercial international flights after a hiatus of nearly two years has happened just in time. On January 1, a VN582 flight from Cambodia’s Phnom Penh with 121 passengers on board landed at the Tan Son Nhat Airport in HCMC, …

Vietnam’s benchmark VN-Index surged 1.82 percent to 1,525.58 points, a new peak, as reports of a potential $15 billion stimulus package urges investors to buy. The index steadily rose throughout the first trading session of 2022 and closed 27 points higher. This was its biggest gain in nearly four weeks. …

The government has proposed that non-residential land be used to build commercial housing projects amid a shortage of land funding, especially in major cities. Developers can request to change the purpose of such land lots to residency, stated a government proposal to the National Assembly on Tuesday. Chairman of the …

Vietnam is considering a stimulus package of nearly VND347 trillion ($15 billion) for this and next year to revive its Covid-hit economy. Minister of Planning and Investment Nguyen Chi Dung proposed the package at the extraordinary National Assembly session Tuesday morning. It includes a fiscal policy package of VND291 trillion, …

Vietnam is considering a stimulus package of nearly VND337 trillion ($14.8 billion) for this and next year to revive its Covid-hit economy. Minister of Planning and Investment Nguyen Chi Dung proposed the package at the extraordinary National Assembly session Tuesday morning. It includes a fiscal policy package of VND291 trillion, …

The National Assembly has convened for an extraordinary session starting Tuesday to discuss several critical issues including a stimulus package to revive the Covid-19-hit economy. Fiscal and monetary policies to foster growth in the coming years would be discussed, the chairman of the National Assembly Office, Bui Van Cuong, told …

Facing labor shortages, businesses and factories in HCMC need around 310,000 workers this year should Covid be controlled. According to a recent survey by the HCMC Center of Forecasting Manpower Needs and Labor Market Information (Falmi), the city’s labor market faces two scenarios depending on future Covid development. If Covid-19 …

SAP, top 4 largest software companies worldwide by Forbes Global, has recently announced a new cloud-based solution developed by Vietnamese tech start-up JobHopin to speed up recruitment process. With 77 percent of the world’s transaction revenue touching its system, SAP is the market leader in enterprise application software. For the …