• Oil steadies as OPEC+ restraint balances interest rate concerns

    04:43 PM @ 28/05/2024
    Global oil prices steadied on Tuesday as the prospect of OPEC+ maintaining oil supply curbs at its June 2 meeting and hopes of strong U.S. summer fuel demand balanced concern about higher-for-longer U.S. interest rates.
  • China sharpens response, as US sets date for tariff hikes, pushes EU to follow suit

    04:31 PM @ 28/05/2024
    China's Ministry of Commerce (MOFCOM) on Thursday reaffirmed the country's commitment to green development and slammed "certain countries and regions" mulling to take restrictive measures against Chinese electric vehicles (EVs), in response to reports of a prominent Chinese expert calling for a temporary tariff hike on imported cars with large engines.
  • Central bank suspends gold bar auctions, announces market inspections

    03:39 PM @ 28/05/2024
    The State Bank of Vietnam (SBV) has halted its gold bullion auctions and will introduce a new strategy to stabilise gold prices as early as June 3.
  • Will export targets be within reach this year?

    03:30 PM @ 28/05/2024
    As of mid-May, Vietnamese export turnover had reached US$138.59 billion, marking an increase of 16% on-year and with the current level of growth momentum, this year’s export turnover is anticipated to fulfill the set target.
  • Bright spots in four-month economic picture

    03:25 PM @ 28/05/2024
    The past four months of the year witnessed Vietnam's total import and export value of goods reach nearly US$239 billion, a rise of 15.1% to US$31.4 billion over the same period from last year. Of the total, exports hit US$124 billion, up 15.1%, and imports stood at US$115 billion, up 15.1%, according to the Import-Export Department under the Ministry of Industry and Trade (MoIT).