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Soft-shell crabs imported from Myanmar sold at half price
Frozen soft-shell crabs imported from Myanmar are sold online for VND200,000 (US$8) a kilogram, half the price of the Vietnamese varieties.
Overseas remittances to HCMC record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded US$2.86 billion in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Food exports beginning to recover
Food exporters are seeing a recovery in orders though admittedly they have yet to climb back to the levels of past years.
April 17, 2024 | 03:28 am PT
Cashless payments lead many into debt
Rising dependence on cashless transactions has ensnared people in a web of debt, proving a financial trend where the convenience of digital payments overshadows the peril of unchecked spending.
April 16, 2024 | 11:39 pm PT
Lenders' mortgage growth falls to 5-year low: central bank
Mortgages at banks grew by just 1% in 2023, the slowest pace in the last five years, according to the State Bank of Vietnam.
April 14, 2024 | 07:31 pm PT
Investment in HCMC's industrial zones tops $190M in Q1
Industrial and export processing zones in Ho Chi Minh City attracted $191.93 million in investment in the first quarter.
April 13, 2024 | 11:21 pm PT
No ban on cryptos but legal framework needed: Ministry of Justice
Cryptocurrencies and virtual assets are not banned but a legal framework needs to be created to manage them, a Ministry of Justice official has said.
April 12, 2024 | 09:52 pm PT
Malaysian labor market to remain stable this year
Malaysia's labor market is projected to remain stable in 2024, with the average unemployment rate at 3.2%, according to Kenanga Investment Bank Bhd (Kenanga IB).
April 12, 2024 | 04:49 pm PT
F&B market robust on rising middle class
Vietnam's food and beverage (F&B) market is forecast to expand with many new entrants thanks to the rising middle class providing significant opportunities.
April 12, 2024 | 04:49 pm PT
Oversupply, falling China demand halve durian prices
The prices of grade A Monthong durian at the farm gate have fallen by half from last month due to an abundant supply and lower demand from China.
April 11, 2024 | 11:24 pm PT
Central bank to increase gold bar supply: deputy governor
The State Bank of Vietnam plans to increase the supply of gold bars to reduce the disparity between domestic and international gold prices, its Deputy Governor Pham Thanh Ha said Friday.
April 12, 2024 | 02:52 am PT
PM instructs central bank to align domestic, global gold prices
Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam with intervening quickly and narrowing the gap between domestic and global gold prices.
April 11, 2024 | 08:36 pm PT
Banks hike deposit interest rates as inflows slow
While many banks have reduced deposit interest rates in the last month, some have raised them slightly amid a slowdown in deposit inflows.
April 11, 2024 | 03:07 pm PT
ADB maintains 6% growth forecast for Vietnam's economy
Vietnam's economic growth is predicted at 6.0% for 2024 and 6.2% for 2025 amid ongoing external uncertainties, the Asian Development Bank (ADB) said at a conference in Hanoi Thursday.
April 11, 2024 | 12:24 am PT
Livestock product exports grows 4.8%
Vietnam's livestock product exports increased by 4.8% year-on-year to US$113 million in the first quarter, according the Ministry of Agriculture and Rural Development (MARD).
April 10, 2024 | 11:21 pm PT
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