Vietnam News

Dollar Plummets Against Dong: A Deep Dive into Vietnam's Currency Shift and Global Market Reactions

The U.S. dollar has experienced a notable decline against the Vietnamese dong, with Vietcombank reducing its selling rate. The State Bank of Vietnam also cut its reference rate, am...

Government Forms Special Panel to Monitor Surge in Imports from China and Vietnam Amid Trade Tensions

In response to trade tensions and the threat of import surges from China and Vietnam, the Indian government has formed a special panel to monitor and manage the situation, while al...

South Korea Unveils Massive 3 Trillion Won Aid to Shield Auto and Tech Industries from U.S. Tariffs

South Korea announces a 3 trillion won financial aid package to protect its auto and tech industries from U.S. tariffs, with a focus on emergency support for the automobile sector ...

Honda Unveils Revolutionary Electric Scooter in Vietnam to Rival Local Competitors

Honda Motor Co., Ltd. launches the ICON e: electric scooter in Vietnam, featuring a lithium-ion battery with 1.5 KW power and 48 km/h speed, priced at 29 million dong, to compete w...

The Unseen Battle: Daughters Fighting for Their Rightful Inheritance in Vietnam

In Vietnam, daughters often face exclusion from inheritance, a practice rooted in societal norms favoring male heirs. This article explores the emotional and legal battles these wo...

Frasers Property Thailand Embarks on Ambitious Southeast Asian Expansion Plan

Frasers Property Thailand (FPT) is set to aggressively expand its industrial property portfolio across Southeast Asia, focusing on Vietnam and Indonesia. The company plans to const...

Gold Prices Experience Slight Decline Amidst Global Economic Uncertainty

Gold prices in Vietnam remained stable, while global gold prices saw a slight decline amidst anticipation of Donald Trump's inauguration speech. Experts suggest gold's safe-haven s...

Dollar's Slight Decline on the Black Market: A Closer Look at Vietnam's Exchange Rates

The dollar experienced a slight decline on Vietnam's black market, with unofficial exchange points selling it at VND25,755, down 0.17% from Friday. Vietcombank kept its rate unchan...

Exquisite Australian Dragon Lychee Sells for $55/kg in Vietnam, Capturing Lunar New Year Market

The Australian 'dragon egg' lychee, priced at $55/kg, is becoming a popular Lunar New Year gift in Vietnam. Its scarcity, due to a short harvest season and meticulous selection pro...

Revolutionizing Fruit Sales: Thousands of Frozen Durians Sold via Live Streaming in Vietnam

A groundbreaking live streaming event in Vietnam successfully sold thousands of frozen durians, offering significant discounts. This innovative sales strategy, involving government...

Skyrocketing Durian Prices in Vietnam Due to Unprecedented Shortage

Due to high export demand, especially from China for the Lunar New Year, durian prices in Vietnam's Tien Giang Province have surged by 54%. Vietnam is currently the only market wit...

Drastic Increase in Traffic Fines: What Drivers Need to Know for 2024

In 2024, traffic fines in Vietnam will see a significant increase, with penalties for running red lights nearly tripling to $800. This move is part of a broader effort to deter tra...

Global Gold Prices Rise as Vietnam Sees a Dip: What's Next for Investors?

Vietnam's gold prices dipped slightly, while globally, gold prices saw a modest increase. Investors are closely monitoring the U.S. Federal Reserve's interest rate outlook and Pres...

Japan's Struggles to Hire Guest Workers: The Impact of Illegal Recruitment Practices

Recruitment companies in Vietnam are struggling to meet their targets for hiring guest workers for Japan due to illegal recruitment practices by intermediary firms. The government ...

Mandatory Emission Testing for 5-Year-Old Motorbikes Takes Effect in Vietnam

Vietnam's Ministry of Transport mandates emission testing for motorbikes aged five to 12 years every two years, and annually for those over 12 years, to address pollution concerns.

Chinese Kiwi Prices in Vietnam Plummet to Unprecedented Lows

Chinese kiwis are selling at unusually low prices in Vietnam, with wholesale prices starting at VND20,000 per kilogram, attributed to optimized logistics and low labor costs.

Gold Prices in Vietnam Surge While Global Markets See Decline

Gold prices in Vietnam increased while globally, they dropped as investors took profits. The Saigon Jewelry Company's gold bar and ring prices rose by 0.23% each. Globally, spot go...

Vietnam Gold Prices Surge Amid Global Market Uptrend

Gold prices in Vietnam and globally have seen significant increases, driven by China's policy stimulus and anticipation of U.S. inflation data. Prices have reached two-week highs.

Dollar's Decline Against Dong: A Closer Look at the Market Dynamics

Vietcombank sold the dollar at VND25,467, down 0.05% from Thursday. The greenback rose 0.08% to VND25,750 on the black market. The State Bank of Vietnam lowered its reference rate ...

Off-Season Durian Harvest Plunges Due to Unpredictable Weather

In Tien Giang province, part of the Mekong Delta, one of Vietnam's two largest durian-growing areas, many durian farms are barren, some without any fruits at all, though it is now ...

Dollar's Decline Against Dong: Black Market Exchange Rates

The dollar fell 0.12% against the Vietnamese Dong at unofficial exchange points to VND25,810, while remaining stable at VND25,509 at Vietcombank. The State Bank of Vietnam kept its...