Monday , January 20 2025

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HCMC tourism revenues highest in 5 years

HCMC tourism revenues highest in 5 years

Though the number of foreign visitors to HCMC has not yet recovered to pre-pandemic levels, tourism revenues this year reached VND160 trillion (US$6.5 billion), the highest since 2019. The figure rose by 22% against the previous year and 25% against pre-pandemic times in 2019, according to a report from the …

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Novagroup continues to sell Novaland shares to pay debts

Novagroup continues to sell Novaland shares to pay debts

Novagroup has been selling millions of shares of its property development subsidiary Novaland Group to repay debts. Novagroup has registered to sell 2.2 million NVL shares by Jan. 10, a deal that will fetch it around VND37.3 billion ($1.53 million). The transaction will bring down its ownership in the company …

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Investors flock to stores as gold hits all-time high

Investors flock to stores as gold hits all-time high

Jewelry stores are bustling with customers eager to trade in gold, as its value soars to unprecedented heights. At Saigon Jewelry Company’s headquarters in Ho Chi Minh City’s District 3, around 10 people were waiting at 11 a.m. Wednesday, all intent on buying or selling gold bars. Nhi, from District …

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