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The U.S. dollar plunged against the Vietnamese dong Friday morning on unofficial exchange points but remained stable at banks. The greenback was sold at VND23,620 on the black market, down 0.42% from Thursday. Vietcombank maintained the dollar at VND23,750. Eximbank kept the greenback unchanged at VND23,740. Techcombank hiked the rate …

SJC gold price gained 0.3% to VND67.2 million ($2,848.66) per tael Friday morning, highest since Feb. 15. Gold ring price went up 0.27% to VND55.2 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices were poised for their biggest weekly gain since mid-November as the …

Japanese trading company Sumitomo Corp and Vietnamese real estate developer BRG Group hope to start work on a US$4.2-billion smart city in Hanoi this year. Sumitomo chairman and CEO Shiomi Keigo said during a meeting with Hanoi chairman Tran Sy Thanh and Japan’s ambassador to Vietnam, Yamada Takio, on Wednesday …