Vietnam outlook remains ‘one of the brightest’ in Asia

Edward Teather, a senior ASEAN economist from the Union Bank of Swizerland (UBS), has hailed Vietnam as one of the “brightest” spots throughout Asia despite COVID-19 challenges, adding that the national economy now looks poised to rebound.

Gold prices hit nine-year high after reaching VND50.4 million per tael

Domestic gold prices soared to a record nine-year high on the morning of July 9 after climbing to VND50.4 million per tael for the first time.

UK’s £3bn stimulus for green policies to benefit plastics, chems

The UK’s cabinet plans to spend £3bn in green policies announced on Wednesday could provide respite for chemicals and plastics in the wake of the pandemic-induced recession, according to trade groups.

State budget revenue reaches seven-year record low

The total State budget revenue was estimated to be at VND668,700 billion, equaling 44.2% of the anticipated amount by the end of June, marking a 10.5% drop over the same period last year and the lowest levels since 2013.

Economic restoration needs 'wartime' policy effort

In a national teleconference last week, Prime Minister Nguyễn Xuân Phúc asked for concerted efforts to achieve a growth rate of 4 per cent this year.

Local gold prices reach a new record high

Local gold prices kept soaring this morning to pass the historic high on July 6, reaching VNĐ50.32 million (US$2,172) per tael (1.2 ounces). The prices of the yellow metal went up in the global market.

Gold comes near VND50 million per tael

The price of gold in Vietnam continued to climb and hit a new record when reaching nearly VND50 million per tael (1.2 ounces) on July 6.Saigon Jewelry Company bought gold at VND49.59 million per tael and sold at VND49.97 million per tael at 4 p.m. Vietnamese time in Ho Chi Minh City.
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