VnExpress News The News Gateway of Vietnam

The U.S. dollar shoots up over the Vietnamese dong at commercial banks Tuesday but continued to fall on the black market. Vietcombank sold the dollar at VND24,250 Tuesday, up 0.75% from Monday. Eximbank sold the greenback at VND24,220, up 0.62%. TPBank set the rate 0.41% higher at VND24,400. Techcombank, however, …

SJC gold prices dropped 0.22% to VND66.9 million ($2,786.34) per tael Tuesday morning, lowest since October 15. Gold ring prices fell 0.73% to VND54 million. Global spot gold was up 0.4% at $1,775.69 per ounce, helped by a slight pullback in the U.S. dollar, which makes the greenback-priced bullion less …

South Korean electronics giant LG will invest US$4 billion in Vietnam as it seeks to make the country a future smartphone manufacturing hub. Its chief operating officer Kwon Bong-seok made this commitment at a meeting with visiting Vietnamese Prime Minister Nguyen Xuan Phuc Monday, according to the Voice of Vietnam. …