Tuesday , November 26 2024

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VN-Index hits another bottom

VN-Index hits another bottom

Vietnam’s benchmark VN-Index dropped 1.41% to 941.04 points Monday, another bottom this year, but with foreign investors net buying for the sixth straight session. The index closed 13.49 points lower after gaining 7.29 points on Friday. It has dropped 37% since earlier this year. Trading on the Ho Chi Minh …

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New funding to end elephant rides at Vietnam tourism sites

Dak Lak Province, home to Vietnam’s largest elephant population, will aid tourism sites in ending elephant rides by 2026. The provincial administration has agreed to spend VND55 billion ($2.2 million) to help local tourism sites become more elephant-friendly and end all riding services. The fund, drawn from Animals Asia Foundation …

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​Yachts, the latest toys for affluent Vietnamese

After paying VND2 billion (US$80,400) for a yacht and sailing it for three years, Doanh Nguyen says the experience is not something you can buy with money. “Sailing a yacht alone at 50–60 knots and enjoying the breeze without having to worry about traffic jams and dust is a wonderful …

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