Vietnam News

South Korea and Vietnam Forge Stronger Ties in Trade and Technology for a $150 Billion Future

South Korea and Vietnam aim to boost their trade to $150 billion by 2030, focusing on future industries like AI and nuclear power. President Lee Jae-myung emphasizes the strategic ...

Dragon Fruit Exports Face Steep Decline in June Amid Supply and Certification Challenges

Dragon fruit exports from Vietnam saw a significant decline in June due to supply constraints, unfavorable weather, and certification challenges, with China cutting purchases by 60...

Vietnamese Housing Developer Sentenced to Life for Scamming Over 1,000 with Fake Real Estate Projects

Nguyen Thi Cam Hong, a Vietnamese housing developer, was sentenced to life for defrauding over 1,000 people with fake real estate projects. Her elaborate scheme involved selling no...

Innovative Livestreaming Strategies Revolutionize Real Estate Sales in Vietnam

Vietnamese housing developers are leveraging livestreaming to sell properties, engaging young buyers with innovative digital strategies. Success stories include over 500 bookings f...

Surge in Gold Ring Prices Amidst Global Market Fluctuations and Trade Talks

Gold ring prices have surged by 0.85% to VND119 million per tael, with bullion prices in Vietnam up 44% since the year's start. Globally, gold prices hit a monthly high, influenced...

Vietnam's Electric Bike Revolution: How Cities Are Banning Gasoline Motorbikes for a Greener Future

Vietnam is transitioning towards electric vehicles with Hanoi and HCMC leading the way by banning gasoline motorbikes in key areas. This shift is fostering growth in the electric b...

Gold Prices Experience Modest Rise Amid Global Market Uncertainties and Tariff Wars

Gold prices in Vietnam and globally have seen a modest increase, with Vietnam experiencing a 43.5% rise this year. Global prices edged higher amid slight retreats in the dollar and...

Dollar Strengthens Against Dong in Black Market: A Closer Look at Vietnam's Currency Fluctuations

The dollar has gained 0.19% against the dong in Vietnam's black market, trading at VND26,520, while official rates remain unchanged. Globally, sterling faces a weekly loss amid UK ...

Exclusive: Rare Seedless Lychee from Vietnam in High Demand as Prices Skyrocket to $29/kg

The rare Thanh Hoa seedless lychee from Vietnam is in high demand, with prices doubling to $29 per kilogram. Limited supply and high quality make it a sought-after delicacy, despit...

Global Gold Prices Surge Amid Falling Rates, Vietnam Outpaces with Higher Valuations

Gold prices in Vietnam surged, with local rates significantly outpacing global trends. Globally, gold faced a weekly decline amid a stronger dollar and easing trade war concerns, y...

Dollar Surges Against Dong in Black Market Amid Global Trade Optimism

The dollar's value against the dong rose in the black market, influenced by global trade optimism and adjustments by the State Bank of Vietnam. A U.S.-China tariff deal has bolster...

Unbelievable Bargain: Why Durians in Vietnam's Mekong Delta Are Selling for Just $1 per Kilogram

Durians in Vietnam's Mekong Delta are being sold at unusually low prices due to premature falling from trees caused by bad weather, leading to quality concerns and a significant dr...

Global Gold Market Fluctuates: Prices Dip as Investors Await Federal Reserve's Decision

Gold prices have dipped in Vietnam with a slight decrease in both gold bar and ring prices. Globally, prices firmed due to a weaker dollar as investors await the Federal Reserve's ...

Dollar's Decline Against Dong Continues: A Deep Dive into Vietnam's Currency Market Dynamics

The article discusses the recent fluctuations in the dollar's value against the Vietnamese dong, including adjustments by Vietcombank and the State Bank of Vietnam's steady referen...

Gold Rush Fever: How Investors Are Ignoring Risks for the Shine of Gold

In Vietnam, a gold rush is underway as individuals borrow money to invest in gold, driven by the fear of missing out on its rising value. Despite warnings, the allure of gold as a ...

Samsung Considers Shifting Production from Vietnam to India Amid Tariff Changes and Seeks PLI Extension

Samsung is considering shifting some production from Vietnam to India due to US tariff changes and has requested an extension of the PLI scheme to compensate for missed incentives....

Durian Export Crisis: How China's Stricter Quality Checks Are Shaking Vietnam's Fruit Market

Vietnam's durian exports to China face challenges due to stricter quality inspections, causing prices to drop and shipments to delay. Farmers and exporters are seeking solutions to...

Long Lines and High Demand: Gold Buyers Wait Hours Amid Soaring Prices in Vietnam

Amid rising gold prices and global trade uncertainties, Vietnam witnesses a gold buying frenzy, with long queues and purchase limits at jewelry stores in Hanoi and HCMC, as investo...

Dollar Plummets Against Dong: A Deep Dive into Vietnam's Currency Shift and Global Market Reactions

The U.S. dollar has experienced a notable decline against the Vietnamese dong, with Vietcombank reducing its selling rate. The State Bank of Vietnam also cut its reference rate, am...

Government Forms Special Panel to Monitor Surge in Imports from China and Vietnam Amid Trade Tensions

In response to trade tensions and the threat of import surges from China and Vietnam, the Indian government has formed a special panel to monitor and manage the situation, while al...

South Korea Unveils Massive 3 Trillion Won Aid to Shield Auto and Tech Industries from U.S. Tariffs

South Korea announces a 3 trillion won financial aid package to protect its auto and tech industries from U.S. tariffs, with a focus on emergency support for the automobile sector ...

Honda Unveils Revolutionary Electric Scooter in Vietnam to Rival Local Competitors

Honda Motor Co., Ltd. launches the ICON e: electric scooter in Vietnam, featuring a lithium-ion battery with 1.5 KW power and 48 km/h speed, priced at 29 million dong, to compete w...

The Unseen Battle: Daughters Fighting for Their Rightful Inheritance in Vietnam

In Vietnam, daughters often face exclusion from inheritance, a practice rooted in societal norms favoring male heirs. This article explores the emotional and legal battles these wo...

Frasers Property Thailand Embarks on Ambitious Southeast Asian Expansion Plan

Frasers Property Thailand (FPT) is set to aggressively expand its industrial property portfolio across Southeast Asia, focusing on Vietnam and Indonesia. The company plans to const...

Gold Prices Experience Slight Decline Amidst Global Economic Uncertainty

Gold prices in Vietnam remained stable, while global gold prices saw a slight decline amidst anticipation of Donald Trump's inauguration speech. Experts suggest gold's safe-haven s...

Dollar's Slight Decline on the Black Market: A Closer Look at Vietnam's Exchange Rates

The dollar experienced a slight decline on Vietnam's black market, with unofficial exchange points selling it at VND25,755, down 0.17% from Friday. Vietcombank kept its rate unchan...

Exquisite Australian Dragon Lychee Sells for $55/kg in Vietnam, Capturing Lunar New Year Market

The Australian 'dragon egg' lychee, priced at $55/kg, is becoming a popular Lunar New Year gift in Vietnam. Its scarcity, due to a short harvest season and meticulous selection pro...

Revolutionizing Fruit Sales: Thousands of Frozen Durians Sold via Live Streaming in Vietnam

A groundbreaking live streaming event in Vietnam successfully sold thousands of frozen durians, offering significant discounts. This innovative sales strategy, involving government...

Skyrocketing Durian Prices in Vietnam Due to Unprecedented Shortage

Due to high export demand, especially from China for the Lunar New Year, durian prices in Vietnam's Tien Giang Province have surged by 54%. Vietnam is currently the only market wit...

Drastic Increase in Traffic Fines: What Drivers Need to Know for 2024

In 2024, traffic fines in Vietnam will see a significant increase, with penalties for running red lights nearly tripling to $800. This move is part of a broader effort to deter tra...

Global Gold Prices Rise as Vietnam Sees a Dip: What's Next for Investors?

Vietnam's gold prices dipped slightly, while globally, gold prices saw a modest increase. Investors are closely monitoring the U.S. Federal Reserve's interest rate outlook and Pres...

Japan's Struggles to Hire Guest Workers: The Impact of Illegal Recruitment Practices

Recruitment companies in Vietnam are struggling to meet their targets for hiring guest workers for Japan due to illegal recruitment practices by intermediary firms. The government ...