Hanoi: The State Bank of Vietnam starts auctioning 16,800 taels of SJC-branded gold bars in Hanoi on April 23, it said in a statement.

The starting price is 80.7 million VND (3,170 USD) per tael. A tael equals 37.5 grams or 1.2 ounces

Fifteen busine…

Hanoi: The State Bank of Vietnam announced on April 22 that it has cancelled the auction of SJC-branded gold bars, which had been set for 10am the same day, as there are not enough businesses registering to join the auction and transferring deposits i…

Hanoi: The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

Chairman of th…

Hanoi: A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).

Under the survey released recently, credit institutions said the overall busines…

Lang Son: Prime Minister Pham Minh Chinh on April 21 visited the Huu Nghi International Border Gate and inspected some socio-economic development projects in Lang Son as part of his ongoing visit to the northern province.

At the international border …

Hanoi: The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).

Specifically, the average paddy price at fields rose by 214 VND to 8,000 VND (0.31 USD) per kilo, with the highest re…

Hanoi: Economic outlook, demographic transformation and changing consumer trends are among macro shifts reshaping Vietnam’s fast-moving consumer goods (FMCG) landscape, according to marketing data and analytics company Kantar Worldpanel.

In its recen…

Hanoi: Vietnam has for the first time surpassed India and Thailand to become the largest rice exporter to Singapore by shipping 36.15 million SGD (26.55 million USD) worth of rice in the first three months of this year, an increase of 80.46% over the …