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President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade. Xi was speaking in Saudi Arabia where Crown Prince …

Nam A Bank on Friday named standing vice chairman Tran Ngo Phuc Vu as the new chairman. Vu, 50, has run Nam A Bank’s board of directors since 2019 after chairman Nguyen Quoc Toan resigned to focus on resolving family disputes over ownership of the bank. He was earlier the …

Real estate investors should cut their losses now and save themselves instead of waiting for the State to rescue the stalled property market, said expert Dang Hung Vo. Market liquidity remains low despite discounts and loan incentives offered by developers to boost sales, said Vo, also former Deputy Minister of …