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VN-Index on 3-session losing streak as European stocks decline

VN-Index on 3-session losing streak as European stocks decline

Vietnam's benchmark VN-Index fell 0.05% to 1,269.93 points Monday in its third consecutive losing session while European shares slipped.
Dollar strengthens against dong, remains stable against peers

Dollar strengthens against dong, remains stable against peers

The U.S. dollar rose against the Vietnamese dong Monday morning and held steady against other major currencies.
October 6, 2024 | 08:47 pm PT
HCMC's Fit24 gym chain shuts down

HCMC's Fit24 gym chain shuts down

Fit24, a high-end gymnasium chain in HCMC, has temporarily shut down due to financial difficulties.
October 6, 2024 | 08:19 pm PT
Novaland refuses Truong My Lan demand for $100M debt repayment

Novaland refuses Truong My Lan demand for $100M debt repayment

Property developer Novaland has rejected a demand by property tycoon Truong My Lan to pay her VND2.5 trillion (US$100 million), saying there is no legal basis for it.
October 6, 2024 | 05:55 pm PT
HCMC new apartment sales plunge 16% in Q3

HCMC new apartment sales plunge 16% in Q3

In HCMC, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to a report by property consultancy Savills Vietnam.
October 6, 2024 | 03:17 pm PT
Many people opt for priciest iPhones but only use their basic functions

Many people opt for priciest iPhones but only use their basic functions

I have several friends who always strive to be the first to buy the latest iPhone and choose the most expensive models despite not knowing what upgrades they bring.
October 6, 2024 | 03:15 pm PT
Northern island Cat Ba welcomes tourists again after typhoon Yagi

Northern island Cat Ba welcomes tourists again after typhoon Yagi

Nearly four weeks after typhoon Yagi ravaged the northern island of Cat Ba, 35,000 tourists have visited the island and 80% of hotels and restaurants have reopened.
October 6, 2024 | 04:00 am PT
Vietnamese-born student adds face recognition AI to Meta's smart glasses

Vietnamese-born student adds face recognition AI to Meta's smart glasses

Harvard student AnhPhu Nguyen and a co-creator have added AI features into social media giant Meta’s Ray-ban smart glasses which allow instant data lookup on a stranger.
October 6, 2024 | 04:00 am PT
Vietnam's young coffee entrepreneurs brew up a revolution

Vietnam's young coffee entrepreneurs brew up a revolution

Ditching a lucrative career in finance, Vu Dinh Tu opened a coffee shop without telling his parents and joined a wave of young Vietnamese entrepreneurs using espressos to challenge family expectations around work.
October 6, 2024 | 03:00 am PT
‘I accept my destiny’, property tycoon Truong My Lan tells court in tears

‘I accept my destiny’, property tycoon Truong My Lan tells court in tears

Truong My Lan, who might be awarded a life imprisonment, told the court in tears that she never expected her life to end this way but accepted her “destiny.”
October 4, 2024 | 09:23 pm PT
FDI inflow into Vietnam surges by 11.6% in 9 months

FDI inflow into Vietnam surges by 11.6% in 9 months

Vietnam attracted US$24.78 billion in foreign direct investment in the first nine months of 2024, up 11.6% year-on-year.
October 4, 2024 | 09:42 pm PT
Citizens' deposits rise to new record high

Citizens' deposits rise to new record high

Total deposits from citizens at banks have reached a new all-time high of VND6.8 quadrillion (US$276.3 billion) as of the end of July, according to the State Bank of Vietnam.
October 4, 2024 | 09:31 pm PT
Rice exports surge by 23.5% in 9 months

Rice exports surge by 23.5% in 9 months

Vietnam exported over 7 million tons of rice worth US$4.37 billion in the first three quarters of 2024, up 9.2% in volume and 23.5% in value from a year ago.
October 4, 2024 | 09:22 pm PT
Vietnam’s stock market likely to reach 9 million accounts by 2025

Vietnam’s stock market likely to reach 9 million accounts by 2025

Vietnam is on track to reach 9 million stock trading accounts by 2025 and 11 million by 2030, CEO of Vietnam Report JSC Vu Dang Vinh has said.
October 4, 2024 | 09:07 pm PT
Dollar gains on black market, skyrockets among peers

Dollar gains on black market, skyrockets among peers

The U.S. dollar gained against the Vietnamese dong on the black market Saturday morning and after jumping to a seven-week high among major peers Friday.
October 4, 2024 | 09:02 pm PT
HCMC apartment prices climb on secondary market

HCMC apartment prices climb on secondary market

Apartment prices in Ho Chi Minh City have surged by up to 20% on the secondary market this year due to a shortage of supply.
October 4, 2024 | 06:22 am PT
Vietnam stocks close week in red as global stocks gain

Vietnam stocks close week in red as global stocks gain

Vietnam's benchmark VN-Index fell 0.59% to 1,270.60 points Friday while global shares rose.
October 4, 2024 | 04:22 am PT
Meta CEO Mark Zuckerberg becomes world’s 2nd richest person

Meta CEO Mark Zuckerberg becomes world’s 2nd richest person

American billionaire Mark Zuckerberg, CEO of social media giant Meta Platforms, has surpassed retailer Amazon’s Jeff Bezos as the world’s second richest person.
October 4, 2024 | 12:27 am PT
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