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Vietnam’s “black gold” fetches USD 690 million in five months, led by big purchases from the U.S., Germany, and India.
Although Decree 24 empowers the State Bank of Vietnam (SBV) to intervene and stabilize the gold market, it does not authorize the SBV to control the buying and selling prices of SJC gold bullion set by enterprises or commercial banks.
The outlook for Vietnam's banks in 2025 is stable, but challenges remain, especially risks from real estate and liquidity pressure at some small-scale banks, experts said at a recent conference.
Vietnam’s coffee export outlook remains optimistic, projecting the full-year export value at 7 billion USD.
Vietnam’s FPT Corporation has established a strategic cooperation with Indonesia's Ministry of National Development Planning (Bappenas) across various sectors in the digital field.
The event served as a vibrant display of solidarity, promoting peace, cooperation, and development through cultural dialogue, and reaffirmed HCM City's role as a dynamic hub for cultural diplomacy and international friendship.
Vietnam is enhancing its regulatory framework and policies to promote cashless payments as part of its strategy to develop a more digital economy.
In 2024, two-way trade between Vietnam and Canada reached over 11 billion USD, with Vietnam enjoying a trade surplus of nearly 10 billion USD. A key contributor to this success has been Vietnamese-Canadian businesses, notably Renso Foods.
Minister of Industry and Trade Nguyen Hong Dien had discussions on tariffs and broader trade cooperation with US Secretary of Commerce Howard Lutnick and Trade Representative Ambassador Jamieson Greer on June 9-12.
The increase in the USD/VND exchange rate in Vietnam is in contrast to the continuous cooling of the greenback in the international market due to a surge in domestic dollar demands for foreign debt repayment.
Controversial proposals are reigniting debate on regulatory overreach and testing the country’s commitment to economic reform.
A former software engineer from Hanoi builds a multimillion-dollar Amazon store from scratch, exporting T-shirts from Vietnam to the U.S.
Making the auto sector a national strength is vital to Vietnam’s industrialization and global ambitions.
After merging 34 provinces, Vietnam unveils new leaders in area, population, and average income.
Experts say a supportive ecosystem and quality of life are essential to attract and retain skilled professionals in Vietnam's chip industry.
Lawmakers have approved a new tax regime targeting public health risks like sugary beverages, tobacco, and alcohol.
With over USD 100 billion in GRDP, HCM City leads post-merger economy; Tay Ninh and Lam Dong rise fast.
Gold bar production to open up under draft decree, raising hopes for a more competitive market.
91% of business leaders in Vietnam are exploring AI-specific roles, outpacing global trends.
The Finance Ministry plans to eliminate the flat tax, citing fairness and transparency concerns, with all businesses required to file self-declared taxes.