Building on the strong momentum from last week’s closing session, the market started the new week on a positive note, despite a notable drop in liquidity. At Vinamilk’s dairy farm in Tây Ninh Province. Shares of the dairy producer led the gainers as the market showed positive momentum. — …
Read More »Việt Nam to develop regulations on criteria for ‘Made-in-Việt Nam’ products
For domestically produced goods, including those manufactured from imported raw materials or ingredients, there have been no regulations to determine whether items are ‘products of Việt Nam’ or ‘Made in Việt Nam’. Vietnamese school items on shelves at a bookstore in HCM City. The Ministry of Industry and Trade has proposed …
Read More »Paving new path for state-owned enterprises’ growth
The Ministry of Finance (MoF) is gathering feedback on the draft Law on State Capital Management and Investment in Enterprises through recent workshops and discussions. HÀ NỘI — Proposed changes to the draft Law on State Capital Management and Investment in Enterprises emphasise the need to separate capital ownership representation from …
Read More »Sea freight rates cool, port volumes break records
In the first seven months of 2024, the volume of goods passing through Vietnamese seaports is estimated at 501.117 million tonnes, up 16 per cent over the same period in 2023. A view of a seaport in Bà Rịa – Vũng Tàu Province. — VNA/VNS Photo HÀ NỘI — The Việt Nam …
Read More »Unemployed Singaporeans to receive $4,500 in government support
The Singapore government has announced a new policy to provide financial support of up to SGD6,000 (US$4,500) for unemployed workers over a six-month period. The scheme, named the SkillsFuture Jobseeker Support, requires participants to undergo training, career coaching, and job matching services, Prime Minister Lawrence Wong announced on Sunday, as …
Read More »Việt Nam establishes a healthy competitive environment
Trade remedies help re-establish a healthy and fair competitive environment; prevent dumping and sales of subsidised goods into Việt Nam by exporting countries. Illustration photo. — Photo baochinhphu.vn HÀ NỘI — Việt Nam has always proactively applied and responded to trade defence measures (TMFs) in international trade to prevent negative …
Read More »Gold prices soar to 11-week high
Vietnam gold prices went up 1.25% to VND81 million ($3,243.57) per tael Tuesday morning, highest since June 1. Gold ring price was steady at VND78.2 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold subdued after piercing the $2,500 ceiling last week, as investors booked profits …
Read More »Vietnam gains approval to export frozen durian, fresh coconut exports to China
Vietnam is allowed to export frozen durian and fresh coconuts to China under an official quota, following the signing of protocols between the two countries on Monday. These protocols signed by Vietnam’s Ministry of Agriculture and Rural Development and China’s General Administration of Customs in Beijing under the witness of …
Read More »Quiz: Which Southeast Asian countries have launched official visa programs for digital nomads?
As of August 2024, three out of the 11 countries in Southeast Asia offer visa programs specifically for digital nomads, defined as people who travel freely while working remotely.
Read More »UK tech tycoon Mike Lynch among missing after superyacht sinks off Sicily
U.K. tech tycoon Mike Lynch, sometimes referred to as the U.K.’s answer to Bill Gates, was among six people lost at sea Monday after a superyacht sank off the Italian island of Sicily during a sudden storm. The luxury yacht Bayesian. Photo from Perini Navi’s Facebook The 56-metre (180-foot) long …
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