Economy News

Economy

Off-Season Durian Prices Double, Yet Farmers Face Massive Losses

The off-season for durian in Tien Giang has begun, but this year's harvest is unusually quiet. Farmers are facing massive losses as extreme weather conditions have caused durian fl...

Economy

Hidden Bars Emerge as Productive Workplaces for Young Professionals

Hidden bars in Hanoi and HCMC are becoming popular workplaces for young professionals seeking quiet, productive environments. These speakeasy bars offer a tranquil atmosphere with ...

Economy

South Korea's Export Boom: A 5.8% Rise in Early November and a $798 Million Trade Surplus

South Korea's exports rose by 5.8% in early November, while imports fell by 1%, resulting in a trade surplus of $798 million. The increase in exports was led by semiconductors, shi...

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...