Sunday , November 24 2024

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Vingroup chairman sets up joint property investment company

Vingroup chairman sets up joint property investment company

Vietnam’s richest man Pham Nhat Vuong has established a new company, VMI JSC, which offers to split a Vinhomes property into 50 smaller pieces for investors to buy. The buyer of each of these pieces will be certified of their asset and earn profit should the property value go up. …

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Consumer prices do not fall despite fuel price cuts

Consumer prices do not fall despite fuel price cuts

Consumer prices have been rising for the last four weeks despite a sharp fall in fuel costs as transport operators refuse to cut prices. Traditional markets in Ho Chi Minh City are selling mackerel at VND350,000 (US$14.65) per kilogram, up 17% from four weeks ago, and squid at VND240,000, up …

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