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Gold bars sold out in Hanoi, HCMC as prices skyrocket
Major jewelry companies in Hanoi and Ho Chi Minh City have run out of gold bars Friday as prices of the precious repeatedly reach new historic peaks.
VN-Index declines with most bluechips in red
Vietnam's benchmark VN-Index slid 0.32% to 1,244.7 points Friday.
Why do airfares surge?
Airfares in Vietnam have risen in double-digits year-on-year, driven by a shortage of aircraft.
May 9, 2024 | 11:00 pm PT
Vietnam hopes to have 10 billionaires by 2030
The government wants Vietnam to have at least 10 billionaires and five businesspeople who are “most powerful” in Asia by 2030.
May 9, 2024 | 10:00 pm PT
Solar power restrictions will delay direct purchase mechanism, foreign businesses warn
With no solar power plant set to be licensed before 2030, businesses are concerned this will hamper the development of the direct power purchase mechanism.
May 9, 2024 | 08:31 pm PT
People rush to buy gold as prices rise to historic levels
Jewelry stores have been crowded with customers looking to buy gold as prices soared to an all-time high.
May 9, 2024 | 07:49 pm PT
Gold prices surge 2.8% Friday morning to record levels
Saigon Jewelry Company gold bullion price jumped 2.8% to a new all-time high of VND92 million ($3,615.4) per tael Friday morning after reaching a record VND89.5 million in the previous afternoon.
May 9, 2024 | 06:36 pm PT
HCMC the next big millionaire hotspot in Asia: report
The number of individuals with over US$1 million in net worth in HCMC has doubled in the last decade, making it Asia’s next big millionaire hotspot, a report has found.
May 9, 2024 | 05:30 pm PT
Foreigners find Vietnam good place to work
An increasing number of foreigners are choosing to work long-term in Vietnam, which they see as a large and rapidly growing market with strong demand for expertise.
May 9, 2024 | 03:38 pm PT
VN-Index ends 6-session gaining streak
Vietnam’s benchmark VN-Index fell 0.15% to 1,248.64 points Thursday after six sessions in the green.
May 9, 2024 | 01:31 am PT
Cashless transactions worth 23 times GDP in 2023
The total value of cashless transactions in 2023 was 23 times GDP, according to the State Bank of Vietnam.
May 9, 2024 | 12:59 am PT
Dollar gains over dong
The U.S. dollar rose against the Vietnamese dong on Thursday afternoon.
May 9, 2024 | 12:58 am PT
Gasoline prices hit 2-month low
Gasoline prices Thursday fell to the lowest since mid-March while diesel dropped to around the same level as in mid-January.
May 9, 2024 | 12:58 am PT
Harley-Davidson launches $110,000 Road Glide motorcycle in Vietnam
The Road Glide 2024 is among several new Harley-Davidson motorcycle models launched by the major U.S. manufacturer in Vietnam as it celebrates 25 years of its custom vehicle operations lineup.
May 8, 2024 | 08:22 pm PT
Real estate transactions up 13% this year in HCMC
The number of real estate transactions in HCMC has risen by 13% year-on-year to over 120,000 this year, according to its Department of Natural Resources and Environment.
May 8, 2024 | 04:41 pm PT
Gold prices skyrocket 2.4% to new peak
Saigon Jewelry Company gold bullion price rose 2.40% to VND89.5 million ($3,517.73) per tael Thursday afternoon, a new record.
May 8, 2024 | 10:51 pm PT
Farmers’ shift to durian pushes up coffee prices
Global robusta coffee prices climbed to new highs last month as Vietnam, the largest producer of the bean, struggles with drought and farmers’ transition to durian.
May 7, 2024 | 03:24 pm PT
Former HCMC Party chief faces discipline for Van Thinh Phat-linked violations
Le Thanh Hai, former Ho Chi Minh City Party Secretary, has been recommended for disciplinary action by the Central Inspection Committee for violations linking to disgraced property developer Van Thinh Phat.
May 8, 2024 | 04:36 am PT
VN-Index on 6-session gaining streak
Vietnam's benchmark VN-Index rose 0.15% to 1,250.46 points Wednesday, marking its sixth consecutive session of gains.
May 8, 2024 | 03:22 am PT
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