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Farmers’ shift to durian pushes up coffee prices
Global robusta coffee prices climbed to new highs last month as Vietnam, the largest producer of the bean, struggles with drought and farmers’ transition to durian.
Former HCMC Party chief faces discipline for Van Thinh Phat-linked violations
Le Thanh Hai, former Ho Chi Minh City Party Secretary, has been recommended for disciplinary action by the Central Inspection Committee for violations linking to disgraced property developer Van Thinh Phat.
VN-Index on 6-session gaining streak
Vietnam's benchmark VN-Index rose 0.15% to 1,250.46 points Wednesday, marking its sixth consecutive session of gains.
May 8, 2024 | 03:22 am PT
US considers upgrading Vietnam to 'market economy' status
The U.S. Commerce Department will hear testimony on whether to designate Vietnam as a "market economy" on Wednesday.
May 8, 2024 | 03:16 am PT
Property industry among drivers of bank credit growth in Q1
Banks’ credit growth last quarter of 0.9% was driven by property, wholesale and retail, and science and technology.
May 8, 2024 | 02:53 am PT
Saigon self-service cafés prove a big hit with young people
Six times a week Hoang Phuc travels five kilometers to a self-service café in Ho Chi Minh City’s District 6 and spends four hours studying.
May 8, 2024 | 01:20 am PT
Dragon fruit prices increase by 50% as supply nosedives
Traders are buying grade 1 dragon fruit at the farm gate for VND45,000 (US$1.8) per kilogram, 50% higher than a year ago, amid a drought that has hit output.
May 7, 2024 | 11:57 pm PT
VinFast EVs to debut in Philippines at end of May
Vietnamese electric vehicles maker VinFast Auto announced it will officially enter the Philippine EV market at the end of May.
May 7, 2024 | 11:37 pm PT
Gold prices steady at all-time high
Saigon Jewelry Company gold bar price was steady at its historic peak of VND87.5 million ($3,440.82) per tael Wednesday morning.
May 7, 2024 | 09:17 pm PT
High fares boost airlines' revenues, profits in Q1
Airlines’ revenues increased sharply in the first quarter of this year mainly due to high fares, with some even making profits for the first time since the Covid-19 outbreak.
May 7, 2024 | 08:54 pm PT
Digital content exporters open foreign offices to avoid tax
Vietnamese businesses exporting digital content are setting up offices abroad to avoid the 10% value-added tax, according to the Vietnam Federation of Commerce and Industry.
May 7, 2024 | 06:59 pm PT
Banks raise interest rates to shore up deposits
With deposits falling for the first time in two years, more than 10 banks have hiked interest rates, the highest increase being 1.6 percentage points.
May 7, 2024 | 05:00 pm PT
Rainstorms bring back flooding to Ho Chi Minh City environs
Prolonged rainstorms on Tuesday afternoon submerged streets in Ho Chi Minh City and it's southeastern neighboring metropolis of Bien Hoa, destroying homes and leaving a wake of traffic accidents.
May 7, 2024 | 06:59 am PT
Novaland chairman's daughter to sell 9M shares
Novaland chairman Bui Thanh Nhon's daughter Bui Cao Ngoc Quynh has registered to sell over 9 million NVL shares.
May 7, 2024 | 04:00 am PT
Vietnam commerce and industry federation urges direct renewable energy sales
Everyone should be allowed to buy renewable energy directly from producers instead of through national utility Electricity Vietnam, the Vietnam Federation of Commerce and Industry has said.
May 7, 2024 | 03:00 am PT
Stocks rise in 5 consecutive sessions
Vietnam’s benchmark VN-Index gained 5.4% to 1,248.63 points Tuesday, its fifth session in the green.
May 7, 2024 | 02:00 am PT
Dollar drops marginally against dong
The U.S. dollar declined slightly over the Vietnamese dong Tuesday morning.
May 7, 2024 | 02:00 am PT
Truong My Lan's business partner seeks to pay half of $113M ordered by court
Quoc Cuong Gia Lai, a developer who did business with property tycoon Truong My Lan, has appealed a court verdict related to refunding monies received from the latter.
May 6, 2024 | 07:48 pm PT
Gold prices reach new record
Saigon Jewelry Company gold price surged 1.16% to VND87.5 million ($3,445.22) per tael Tuesday morning, a new peak.
May 6, 2024 | 07:42 pm PT
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