Economy News

Economy

Inflationary Pressure Looms as Exchange Rates Surge: BOK's Forecast for December

Kim Woong, deputy governor of the Bank of Korea, predicts inflationary pressure due to high exchange rates will emerge starting in December. This prediction comes as the Consumer P...

Economy

Vietnam's Durian Exports to China Surpass Thailand's: A Detailed Analysis

China's durian imports from Vietnam have surpassed those from Thailand, with Vietnam accounting for 77.6% of the 228,000 tons imported in September. Despite Thailand's lead in the ...

Economy

Hanoi Jobseekers Aim for $200-400 Monthly Salary Amidst Rising Job Openings

A survey by the Hanoi Employment Service Center shows that 72% of jobseekers aim for a monthly salary between $200 and $400. The job market is expected to stabilize with more job o...

Economy

China Discovers Massive $83B Gold Reserves in Hunan Province

China has discovered massive gold reserves worth $83 billion in Hunan province, with over 1,000 tons of gold resources forecasted at depths exceeding 3,000 meters. This discovery c...

Economy

Vietnam's Durian Exports Plummet in October, Yet Still Surpass $3 Billion for the Year

Vietnam's durian exports saw a significant drop in October, with shipments to key markets like China and Thailand falling sharply. Experts attribute the decline to climate change a...

Economy

Vietnam's Shrimp Exports Soar: A 13% Surge in 10 Months

Vietnam's shrimp exports have surged by 13% in the first 10 months of the year, reaching $394 million in October alone. Shipments to major markets saw double-digit growth, with not...

Economy

Vietnam's $1.4B Meat Import Bill: A Threat to Domestic Livestock?

Vietnam has spent $1.4 billion on meat imports, primarily from India, the U.S., Russia, and Germany. These imports, cheaper than local products, are putting pressure on the domesti...

Economy

Vietnam's Fruit and Vegetable Exports Surge: A Closer Look at the Numbers

Vietnam's fruit and vegetable exports have surged by 27%, driven by significant growth in major markets. Durian is the best-selling item, with China accounting for a large portion ...