The influence of USD strengthens led to the gold prices reduced sharply
The domestic gold price this morning (May 12) went down following the decline of the world gold price when the dollar strengthened.
Utilization of tariff preferences under Vietnam’s FTAs in 2022
According to data from the Ministry of Industry and Trade, the total export turnover taking advantage of tariff preferences under the FTAs in 2022 reached 78.3 billion USD
Work on Khanh Hoa-Buon Ma Thuot expy to start next month
HCMC – The first phase of the Khanh Hoa-Buon Ma Thuot expressway project is set to get off the ground next month, according to the project owner. Khanh Hoa Province’s traffic infrastructure project management board said on May 13 that the province will start work on the first component of the
Major banks lower deposit interest rates
HCMC – Deposit interest rates at many major banks in Vietnam have been lowered by 0.1 to 1.1 percentage points compared to those in early May, making it possible to offer lower lending rates, according to the local media. Vietcombank has recently lowered its deposit rates for tenors of one to two,
Big picture of economics of development
The word or term ‘development’ is mostly used to refer to a specified state of advancement or economic growth. Development is generally considered a process creating growth, progress or positive change. In a broader perspective, however, the definition development encompasses physical, economic,
UAE, Thailand agree to launch CEPA negotiations
The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force
Vietnamese shrimp products hold highest market share in RoK
East year sees the Republic of Korea (RoK) import over 100,000 tonnes of shrimp worth between US$800 million and USS$1 billion, with Vietnamese shrimp products always accounting for the highest market share at over 50%.
The new Pacific island: UK supply chains access CPTPP trade deal
The UK’s membership of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP) trade group brings new supply chain opportunities. They should not be overstated: The UK already has trade deals of varying sorts with all CPTPP members except Malaysia and Brunei.
42nd ASEAN Summit wraps up highlighting three key pillars
The 42nd ASEAN Summit concluded on May 11 after three days of meetings, with leaders approving many documents in all three key pillars of political security, economy, and socioculture.
Việt Nam ready to supply rice to Philippines at reasonable prices in long-term: PM
Prime Minister Phạm Minh Chính on Wednesday met with President of the Philippines Ferdinand Romualdez Marcos Jr., as the two were attending the 42nd ASEAN Summit in Labuan Bajo, Indonesia.
Rice exports to China skyrocket
After enduring a period of stagnation, China is purchasing additional rice from the Vietnamese market, with several local enterprises continuously negotiating new export contracts, according to industry insiders.
China triples export volume and captures a third of India’s PVC import market share in FY’23
India’s primary producers always claim the dumping of sub-standard Chinese goods into local markets at competitive prices, which in turn takes away the market share of high-quality raw materials from domestic producers and pulls down the quality of final products in circulation. Polyvinyl chloride