Ho Chi Minh City proposes up to $32,600 monthly salary for International Financial Center CEO

Ho Chi Minh City proposes up to $32,600 monthly salary for International Financial Center CEO

Ho Chi Minh City

The Ho Chi Minh City People’s Committee has proposed a draft resolution governing salaries, benefits and bonuses for personnel working at the executive agency of the Vietnam International Financial Center in Ho Chi Minh City (VIFC - HCMC), with the CEO position expected to earn up to US$32,600 monthly.

Apple opens education hub for supplier employees in Vietnam

Apple opens education hub for supplier employees in Vietnam

Economy

Apple has launched a new education hub in Hanoi to offer training and skills development opportunities for employees across its supply chain in Vietnam.

Vietnam’s coffee market set to top $1 billion as value-added products gain ground

Vietnam’s coffee market set to top $1 billion as value-added products gain ground

Economy

Vietnam’s coffee market is projected to exceed US$1 billion by 2035, driven by rising domestic and global demand and a shift toward higher-value coffee products.

Vietnam's lawmakers debate bill to support SME development

Vietnam's lawmakers debate bill to support SME development

Economy

The National Assembly (NA) Standing Committee on August 28 discussed the draft Law on the Development of Small and Medium-sized Enterprises (SMEs), which is set to replace the 2017 law.

Foreign investors reap hefty returns from Vietnam’s 3 banks

Foreign investors reap hefty returns from Vietnam’s 3 banks

Economy

Foreign investors that bought stakes in three of Vietnam’s banking giants, including Vietcombank, VietinBank and BIDV, have seen their investments increase 2.1 to 6.4 times, including dividends.

Mooncake orders double ahead of Vietnam's Mid-Autumn Festival

Mooncake orders double ahead of Vietnam's Mid-Autumn Festival

Economy

Mooncake orders on Shopee doubled in the two months before this year's Mid-Autumn Festival, while orders for other festival-related products rose nearly 50 percent year on year, pointing to an early start to seasonal shopping in Vietnam.

Samsung's exports reach $500 billion, plans expanded R&D investment in Vietnam

Samsung's exports reach $500 billion, plans expanded R&D investment in Vietnam

Economy

Prime Minister Le Minh Hung met Samsung Electronics CEO Roh Tae-moon on Thursday as the South Korean company marked US$500 billion in cumulative exports from Vietnam and outlined plans to expand R&D investment in the country.

Nasdaq sees growing potential in Vietnam’s stock market

Nasdaq sees growing potential in Vietnam’s stock market

Economy

Vietnam is seeking to attract greater international investor participation following its upgrade to FTSE Russell's Secondary Emerging Market status, as regulators step up cooperation with Nasdaq.

Pham Thu Huong, vice-chairwoman of Vingroup, becomes Vietnam’s richest woman

Pham Thu Huong, vice-chairwoman of Vingroup, becomes Vietnam’s richest woman

Economy

Pham Thu Huong, vice chairwoman of Vingroup, has become Vietnam’s richest woman, with her fortune reaching US$4 billion on Forbes’ real-time billionaire ranking as Vingroup shares have risen sharply since late February.

Self-drive car rentals see strong demand ahead of Vietnam National Day holiday

Self-drive car rentals see strong demand ahead of Vietnam National Day holiday

Economy

Self-drive car rental demand is rising ahead of Vietnam's National Day holiday, while rental apps are allowing customers to book vehicles, locate them at airports and unlock them without meeting the owners.