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Insurance companies see profits plummet on stock trading losses

Insurance companies see profits plummet on stock trading losses

Insurance companies reported double-digit falls in profits for the second quarter despite rising revenues after their securities market investments returned losses.
Play-to-earn games struggle to retain interest

Play-to-earn games struggle to retain interest

Plunging cryptocurrencies and increasing reports of fraud are chasing people away from play-to-earn games as they abandon their dreams of getting rich quick.
August 10, 2022 | 01:40 am PT
Land prices in HCMC neighboring localities rise

Land prices in HCMC neighboring localities rise

Land prices in provinces around HCMC soared to VND16-49 million ($684-2,095) a square meter.
August 8, 2022 | 11:26 pm PT
Vietnam a market with highest potential: Apple CEO

Vietnam a market with highest potential: Apple CEO

Apple CEO Tim Cook said Vietnam is one of four emerging markets for the tech giant that have contributed to the company's success in the second quarter of 2022.
August 6, 2022 | 09:12 pm PT
Surging input costs eat into agriculture firms' profits

Surging input costs eat into agriculture firms' profits

Surging fertilizer and animal feed prices have caused agriculture companies to post declining profits or even losses in the second quarter.
August 5, 2022 | 02:00 am PT
HCMC property investors expect market weakening this year

HCMC property investors expect market weakening this year

Investors are concerned that HCMC property prices would decline during the rest of the year amid banks’ credit tightening and lack of supportive information to prop up the market.
August 4, 2022 | 05:31 am PT
Rains leave hydropower sector awash in profits, thermal plants struggle

Rains leave hydropower sector awash in profits, thermal plants struggle

Hydropower plants are seeing a jump in profits thanks to the rise in rainfall, but thermal plants are doing poorly due to rising input costs.
August 3, 2022 | 10:30 pm PT
Rice exports jump 20 pct

Rice exports jump 20 pct

Vietnam exported 4.2 million tons of rice in the first seven months, 20 percent up year-on-year, according to the Ministry of Agriculture and Rural Development.
August 3, 2022 | 08:14 pm PT
Shipping firms report double-digit growth

Shipping firms report double-digit growth

Shipping companies have had one of their best quarters in years with most reporting double-digit growth thanks to high rates.
August 2, 2022 | 09:00 pm PT
​Developers call for policy changes to ease social housing problems

​Developers call for policy changes to ease social housing problems

Leading property developers have called on the government to fast-track approvals and ease restrictions that are stymieing the industry’s growth.
August 2, 2022 | 03:00 am PT
Stores' claims of accepting Pi payment turn out to be misleading

Stores' claims of accepting Pi payment turn out to be misleading

Some stores accept payment in cryptocurrency Pi but only partially and require buyers to pay mainly in cash.
August 1, 2022 | 01:19 am PT
Tourism recovery dogged by lack of staff, main market tourists

Tourism recovery dogged by lack of staff, main market tourists

The number of new hospitality businesses is rising, but a shortage of staff and tourists from pre-Covid major markets are hampering the tourism industry’s revival.
July 31, 2022 | 05:02 pm PT
FLC posts $47.6 mln loss in H1

FLC posts $47.6 mln loss in H1

Conglomerate FLC, some of whose top managers were arrested for alleged stock market manipulation, reported a loss of VND1.11 trillion ($47.6 million) in the first six months.
July 29, 2022 | 11:00 pm PT
HCMC townhouse rents fall as big firms vacate

HCMC townhouse rents fall as big firms vacate

HCMC townhouse rents have dropped by 30-40 percent after the recent departure of big food and drink and retail firms.
July 29, 2022 | 05:00 pm PT
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