Banks’ optimistic quarterly growth
Bank stocks continue to lag despite lenders posting positive profit growth. A bright picture The National Citizen Commercial Joint Stock Bank (NCB) reported a before-tax loss of VND199 billion in the third quarter, while it earned VND80 billion in the same period last year. The loss resulted from
Wise moves needed
The bond market has continued deteriorating since leaders of Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation were detained Bond issues plunge Attention has centered on the corporate bond market lately as buyers were concerned over the liquidity of the bonds they bought.
Three generations of Ma people preserve the value of brocade in the Central Highlands
It is rare for any Ma family to keep brocade weaving like Mrs. H’Bach’s family. For more than half a century, weaving has become an invisible [...]
Shipping firms report hefty profits in Jan-Sept
HCMC – Many sea transport service providers booked huge profits between January and September, driven by the robust transport demand. In the first nine months, PetroVietnam Transportation Corporation made over VND1 trillion in pretax profit, beating its full-year target by 72%. In the third
Tan Phu-Bao Loc expy proposed
HCMC – An inter-agency appraisal council has sent a report to the prime minister on investment policy for an expressway connecting Tan Phu District, Dong Nai Province, and Bao Loc City, Lam Dong Province. The council has submitted the pre-feasibility study for the project to the PM, seeking
Mekong Delta provinces seek to expand markets for produce
HCMC – The authorities in the Mekong Delta are seeking initiatives to promote trade and expand markets for local products, especially farm specialties. The Mekong Delta provinces attended a conference in Soc Trang Province on November 3 to boost supply and demand connectivity. On the occasion, Soc
VSUN to build US$200-million solar panel plant in northern Vietnam
HCMC – The northern mountainous province of Phu Tho on November 3 presented Vietnam Sunergy Joint Stock Company (VSUN) an investment certificate for a solar panel manufacturing project. The project, covering 13 hectares in the Cam Khe Industrial Zone, will require US$200 million and employ up to
HSBC: Vietnam’s inflation looms large
HCMC – Inflation has surpassed Vietnam’s target despite the country’s efforts to keep it under control, according to HSBC Global Research. The State Bank of Vietnam, the central bank of the country, continued to hike discount and refinancing rates by 100 basis points to 4.5% and 6% on October 25
Celebrity chefs to prepare dinner at New World Phu Quoc Resort
HCMC – New World Phu Quoc Resort said it would set up a special dinner for guests with dishes prepared by four celebrity chefs. The first-ever dinner will be served on November 4, by chef Bao La from the acclaimed Madame Kew and chef Julien Perraudin, executive chef at the multi-awarded Quince
The barbecue truck in District 1 has been honored by the American magazine, even foreign customers have to wait in line to buy
The bread dish has only grilled meat as the main ingredient, but this popular trolley has always attracted many other customers since its opening. Around [...]
The idyllic beauty of Tra Su Melaleuca forest
AN GIANG – In a green and quiet space, visitors can mingle with nature, and listen to birdsong… Tra Su Melaleuca forest is about 30 km [...]
Indian tourist arrivals in Vietnam surge
HCMC – Vietnam attracted 20,681 tourists from India in October this year, up 38% month-on-month and 25.8% over the same period in 2019, according to statistics from the General Statistics Office of Vietnam. Since July 2022, Indian tourist arrivals each month have surpassed the monthly average in