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Condotel sales at lowest level in six years
Vietnam’s condotel market is facing liquidity issues, with sales hitting a six-year low in the first quarter of 2024.
Banks raise interest rates to attract depositors
Many banks have adjusted up savings interest rates by 0.2-0.3% per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
Energy giants plan for national power plan
The recent approval for Vietnam’s eighth national power development plan (PDP8) has heated up discussions around business strategies of energy giants in the race to gain advantages in energy transition towards the country’s net-zero goals.
Domestic companies run green tourism services to meet travellers’ demands
Tourism companies are adapting to meet the rising trend of green travel, which is increasingly appealing to travellers, especially those from developed nations.
International Exhibition on Smart Office Solutions coming soon
The International Exhibition on Smart Office Solutions, Equipment, Machines and Stationery (VietOffice 2024) will take place for the first time in Vietnam this month.
Gold at historic peak, auctions receive lukewarm reception
Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.
Vietnam Dairy 2024 returns to HCM City
The 4th Vietnam International Milk and Dairy Products Exhibition (Vietnam Dairy 2024) will take place at Phu Tho Indoor Sport Stadium in Ho Chi Minh City from May 30 to June 2.
Phat earns Olympic ticket, Vietnam have 10 qualifiers
Vietnam has secured an additional Olympic spot after the Badminton World Federation announced the final shortlist on April 30.
Brazil, Da Nang boost rubber tire export
Local rubber tire producer, Da Nang Rubber joint-stock Corporation and Oceanside One Trading company from Brazil have inked an agreement on rubber tire distribution contract in Brazil and the US market, promising an increase in export turn-over from US$70 million to US$150 million per year.
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than VND71 trillion (US$2.79 billion), an increase of 79% over the same period last year, according to a recent report by Metric.