The U.S. dollar fell against the Vietnamese dong Tuesday morning to the lowest since April 2 but gained slightly in other markets.   An employee counts U.S. banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy  Vietcombank brought its rate down by 0.2% to VND25,000.   The State Bank of Vietnam set its reference […]

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Around 44% of Singapore residents believe they will never achieve financial freedom, partly due to insufficient income and debts, a survey has found. 29% say they will be able to achieve financial freedom eventually, while 27% say they have achieved it, according to a recent survey by insurer Singlife.   Respondents on average say they […]

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The country viewed as a potential new semiconductor production hub of the world in 2024-2030 period.   Foreign investors have shown increasing interest in the semiconductor industry of Vietnam with the expansion of investment in many projects. The country is viewed as a potential new semiconductor production hub of the world in 2024-2030 period. In […]

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Vietnam’s export value to this market totalng $1.36 billion.   Vietnam-Russia trade turnover was estimated at $2.7 billion in the first seven months of the year, surging 45% year-on-year, the Government News quoted figures from the General Department of Vietnam Customs as reporting. Vietnam’s export revenue to Russia reached $1.36 billion, a year-on-year increase of […]

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Over 30,000 food and beverage outlets closed down in the first half of 2024 as consumers cut down on visits to cafes, a company that consults the industry said. There were 304,700 food and beverage outlets as of June-end, down 3.9% from the end of last year, iPOS said in a report. There was a […]

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Vietnam’s exports to Russia surged by 46% year-on-year, reaching US$1.36 billion in the first seven months of this year, with seafood and steel experiencing triple-digit growth. Steel exports topped the list, skyrocketing by 166% to US$698 million, followed by seafood, which saw a 105% increase to US$117 million, according to Vietnam Customs data.   Vietnamese […]

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Vietnam ranking as Singapore’s 12th largest trading partner.   The two-way trade revenue between Vietnam and Singapore reached SGD18.32 billion (over $14.4 billion) in the first seven months of the year, rising 9.02% compared to the same period of 2023, according to the Vietnam Trade Office in Singapore. Of which, Vietnam’s exports to Singapore totaled […]

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Minister of Industry and Trade Nguyen Hong Dien said that the ministry threw its weight behind a US$4.6-billion offshore wind farm project that a German company looks to build in Binh Dinh Province, south-central Vietnam during his working session with the province’s leaders on Friday last week.    Minister of Industry and Trade Nguyen Hong […]

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The greenhouse gas inventory requirement is part of the Government green transition strategy in 2021-2030 period.   Prime Minister Pham Minh Chinh has signed a Decision approving a new list of businesses that are required to conduct greenhouse gas inventory in 2024. Under the Decision No.13/2024/QĐ-TTg, which will take effect from October 1, additional 254 […]

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PM Pham Minh Chinh chairing a meeting on August 16 to discuss the building of a draft law to amend some contents of finance- and budget-related laws.   PM Pham Minh Chinh chairing the meeting held in Hanoi on August 16. Photo: VGP Prime Minister Pham Minh Chinh asked for overhauling the fundamental and urgent […]

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