Monday , November 25 2024

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China reopens borders but in no hurry to resume tourism activities

China reopens borders but in no hurry to resume tourism activities

Though China reopened its borders Sunday after nearly three years of Covid lockdowns, it has not yet allowed tourists in either direction and has yet to issue visas. However, thousands of Chinese citizens living in Vietnam returned home across border gates in northern provinces. Authorities in Dongxing City in China’s …

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HCMC supermarkets offer discounts amid low demand

HCMC supermarkets offer discounts amid low demand

Seeing lower demand, most supermarkets in HCMC are offering discounts of 5-50% on many products and plan to remain open throughout the Lunar New Year (Tet) holidays this month. Hoa of Go Vap District said she has bought many products at discounts. “A three-kilogram pack of detergent currently sells for …

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Cement producer Vicem profits down to record low

Cement producer Vicem profits down to record low

Cement producer Vicem reported its lowest ever profits of VND1.53 trillion (US$63.9 million) last year as costs surged. Its profits were down 30% from 2021, while revenues rose by 17% to VND39.45 trillion. It sold nearly 27.5 million tons of cement, a 6.7% fall from 2021, mostly because of a …

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