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Market downturn dents wealth of Vietnam’s richest

Market downturn dents wealth of Vietnam’s richest

Vietnamese billionaires have seen their net worth decline by billions of dollars in the past month following the stock market’s steep fall, according to Forbes. As of Oct. 16, the country’s richest man, Pham Nhat Vuong, chairman of Vingroup, Vietnam’s biggest private conglomerate, was worth US$4.4 billion, down $300 million. …

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Vietnam widens dollar-dong trading band

Vietnam widens dollar-dong trading band

The State Bank of Vietnam on Monday widened the daily dollar-dong trading band to 5% from 3% to help boost the competitiveness of the country’s exports. The new band, on either side of a value set daily by the central bank within which the dong can move, took effect Monday …

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Vietnam ethnic bodybuilder wins Asia-Pacific championships

Vietnam ethnic bodybuilder wins Asia-Pacific championships

Churu ethnic athlete Se Pha has been crowned the winner of the bodybuilding event of the 2022 WFF Asia-Pacific Championships in HCMC. The competition, hosted by World Fitness Federation (WFF) on Saturday, brought together more than 200 athletes from 21 countries and territories. It was a part of the annual …

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