Home » Archive for January 8th, 2013
Emirates offers promotional airfares
Fast-growing airline Emirates is welcoming 2013 aboard by offering attractive airfares for quick-acting customers.
For the booking period from December 26, 2012 to January 10, 2013, flights from HCMC to Dubai have fares starting at VND17.2 million, or US$823. Meanwhile, tickets for the air services to Paris, Frankfurt and London are now available for early bookers at VND19.6 million (US$935), VND20.4...
Manulife Vietnam launches new education product
Life insurer Manulife Vietnam on Monday introduced Manulife-My Talent, a new life insurance product for children’s education.
This product provides children aged 0-12 a savings fund that could be used for their university education and a medical fund to cover unforeseen hospitalization expenses after illnesses or surgery.
The product has two plan options, protection plan and savings plan. Both...
Market stages strong upsurge
Despite the rising selling pressure, the local market surpassed the strong resistance of 430 points in the ninth consecutive rising session on Monday, with the VN-Index gaining an impressive 8.13 points, or 1.91%, to close at 434.19.
The VN-Index’s sharp gains were led by blue-chips, especially those with strong foreign participation. That explained the impressive gain of 2.2% of the VN30 index...
Banks rethink on-us ATM fee collections
After the central bank has allowed collection of on-us ATM (automated teller machine) transaction fees starting in March, local banks are considering various collection schemes with some saying to charge lower than the maximum rate of VND1,000 per transaction while others saying ‘no’ to this fee to keep customers.
Duong Ngoc Minh, acting director of the card center of DongA Bank, said that this...
U.S. stocks fall from five-year high; euro rises
REUTERS – Wall Street stock prices retreated from five-year highs on Monday, while the euro rose against the dollar on bets the European Central Bank might refrain from signaling more interest rate cuts on Thursday.
The weakness in the equities market, partly due to caution ahead of companies beginning to report on their fourth-quarter earnings, spurred selling of oil, gold and other risky investments....
