Minister of Finance Hồ Đức Phớc. VNA/VNS Photo Minister of Finance Hồ Đức Phớc talks to Vietnam News Agency about the strategies for accomplishing the financial sector’s tasks in 2024. In light of the economic challenges in 2023 impacting state budget collection, what measures does the financial sector have …
Read More »Why Vietnam’s gold prices skyrocket, widening disparity with global rates
Vietnam’s gold prices hit historic highs this week, exceeding global rates by a third amid surging demand and stagnant supply, according to market analysts. Saigon Jewelry Company (SJC) gold price rose to a new record of VND80.3 million ($3,304) per tael on Tuesday and has been fluctuating around that level …
Read More »For long-term investment, should I trade stocks or buy fund certificates?
Each type of investment has its advantages and disadvantages, with trading stocks directly being suitable for those who have the time to research and observe the market, said an expert. Question from reader Bui Van Dien: I’m nearly 40 years old this year and plan to invest in stocks with …
Read More »HCM City lures over $1 billion to industrial parks
HCM City has attracted more than $1 billion, both new and adjusted capital, to its industrial parks so far this year. — VNA/VNS Photo HCM CITY — HCM City has attracted more than US$1 billion, both new and adjusted capital, to its industrial parks so far this year, surpassing its …
Read More »Musical notes and culinary feasts: festive celebrations across Hanoi’s weekend
As the New Year unfolds in Hanoi, notes of music and culinary feasts characterize the weekend, inviting a city exploration through various celebrations. Pacific Carnival Pacific Carnival is a New Year’s Eve celebration featuring diverse activities. The event includes a celebration buffet with live cooking, balloon twisting, magic, and live …
Read More »New Year activities in and around Hanoi
Options for the three-day New Year holiday for people in Hanoi include outdoor countdowns, hot mineral bath and serene camping. Countdown festivals People come together to celebrate the New Year in Hanoi. Photo by VnExpress/Giang Huy This annual festival kicks off at 7:30 p.m. on Dec. 31 at August Revolution …
Read More »Prime Minister urges State Bank to stabilise gold market amid fluctuations
Rapid and significant fluctuations in domestic gold prices have had adverse effects on the financial and monetary markets, as well as on public sentiment. — VNA/VNS Photo HÀ NỘI — In an effort to stabilise the gold market, Prime Minister Phạm Minh Chính has issued Official Telegram 1426/CĐ-TTg on December …
Read More »KRX system’s operation delayed
Outside the headquarters of the Hồ Chí Minh Stock Exchange in HCM City. — Photo nld.com.vn HÀ NỘI — It was expected that the new KRX stock trading system would start operations on December 25. However, there hasn’t been any official information from the Hồ Chí Minh Stock Exchange (HOSE), the …
Read More »Singaporean firm fined for illegally trading Vietnamese food
The Singapore Food Authority (SFA) has imposed a fine of 36,000 Singapore dollars (US$27,326) on Viet-Sin Grocery for illegal operations involving the storage and importation of meat and seafood from Vietnam. Established in Singapore in 2020, Viet-Sin Grocery has been found in violation of regulations concerning cold store operations three …
Read More »Gold heads up after steep fall
Gold prices turned around from a plunge earlier Thursday afternoon in one of the most volatile trading day this month. Within two hours, Saigon Jewelry Company (SJC) gold bar price rose 1.97% to VND77.5 million ($3,194.56) per tael from the day’s bottom at VND76 million. The rate, however, was still …
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