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VN-Index rises slightly
Vietnam's benchmark VN-Index rose 0.38% to 1,221.03 points Friday.
Central bank cancels gold auction for 3rd time
The State Bank of Vietnam on May 3 cancelled the auction of the Saigon Jewelry Company-branded gold bullion which had been set for 10 a.m. the same day, as only one business registered to take part.
Government proposes extending VAT cut until year end
The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.
May 2, 2024 | 09:52 pm PT
Dollar rises against dong on black market
The U.S. dollar increased slightly against the Vietnamese dong on the black market while remaining unchanged at banks Friday morning.
May 2, 2024 | 09:22 pm PT
Gold price hits new all-time high
Saigon Jewelry Company gold bar price rose 0.82% to VND85.8 million ($3,376.3) per tael Friday morning, surpassing the previous record high of VND85.5 million established on April 15.
May 2, 2024 | 09:13 pm PT
Tan Hoang Minh chief seeks reduced sentence in $349M fraud imprisonment
The chairman of property developer Tan Hoang Minh has sought commutation of his eight-year prison sentence for swindling bond buyers out of VND8.6 trillion (US$349 million).
May 2, 2024 | 09:06 pm PT
Vietnam to produce enough rice for 8 million tons exports
Vietnam is expected to produce 43 million tons of rice this year, enough to meet both the export demand of more than 8 million tons and domestic consumption.
May 2, 2024 | 08:12 pm PT
Why Warren Buffett avoid investing in gold while other billionaires do
While finance billionaire Warren Buffett have recommended against investing in gold, other billionaire investors, such as Ray Dalio and David Einhorn, have been fond of the precious metal.
May 2, 2024 | 05:30 pm PT
Alibaba to build data center in Vietnam
Chinese tech giant Alibaba intends to construct a data center in Vietnam to locally store data to align with the country’s legal requirement.
May 2, 2024 | 04:07 pm PT
Asia Commercial Bank chairman’s letter bids farewell to deceased father
Asia Commercial Bank (ACB) chairman Tran Hung Huy called his recently deceased father Tran Mong Hung a “lifelong teacher” in a heartfelt public farewell letter.
May 2, 2024 | 03:50 pm PT
My friend's family, earning $2,800 monthly, eats pho only twice a month
My friend and his wife earn VND70 million (US$2,755) monthly, but they dine out only twice a month, usually having pho, due to financial anxiety.
May 2, 2024 | 03:32 pm PT
Stocks reach 2-week high
Vietnam’s benchmark VN-Index rose 0.57% to 1,216.36 points Thursday, highest since April 15.
May 2, 2024 | 12:40 am PT
Agro-forestry-aquatic product exports up nearly 24%
Vietnam’s agro-forestry-aquatic product exports raked in some $19.06 billion in the first four months of 2024, up 23.7% year-on-year, the Ministry of Agriculture and Rural Development reported.
May 2, 2024 | 12:30 am PT
Gasoline prices increase
Gasoline prices rose marginally Thursday while those of diesel fell.
May 2, 2024 | 12:08 am PT
Stock market upgrade to help Vietnam lure another $10B in investment
The elevation of Vietnam's stock market from Frontier to Emerging status can help it attract an additional US$10 billion in both direct and indirect investment.
May 2, 2024 | 12:07 am PT
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Travel
Chinese tourist investigated for flying drone near Singapore Parliament House
A Chinese tourist was put under a probe for operating a drone in the vicinity of Singapore's Parliament House with the intention of capturing 'memorable moments.'
World's most luxurious airport cancels dozens of flights amid heavy rainfall
Thirteen flights to and from Dubai International Airport were suspended on Thursday while many others were diverted due to heavy downpours just weeks after historic flooding paralyzed air travel in the region.