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VN semiconductor industry awaits groundbreaking policy

The implementation of a project on developing human resources for the semiconductor industry requires a strategic vision and thorough understanding about the relationship between the electronics and semiconductor industries.

SJC gold price hits all-time high

SJC-branded gold prices set a new record high on Monday, reaching VNĐ86 million per tael.

Bank deposits decline for first time in over two years

Banks’deposits decreased for the first time in two years as of the end of March, according to data from the central bank.

Supply pressures ahead for Vietnam’s coffee exporters

Coffee export businesses are wary over an October start for the harvest season, meaning healthy export figures thus far in 2024 may be dampened by dwindling supply.

Online shopping on the rise, many offline shops close doors

In an era of e-commerce and online shopping, traditional fashion shops are in danger of closing as rent is rising while the number of clients is decreasing.

​​​​​​​VN needs drastic reforms to create firm ground for economic growth

Vietnam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.

Real estate sector set for stronger recovery later this year

Vietnam's economy has been exhibiting diverse signs of recovery, with growth projected to reach 5.5 percent in 2024 and gradually climb to 6 percent in 2025, as per the latest Economic Update Report released today, April 23, by the World Bank.

Personnel resource: Vital for VN to join semiconductor industry

Promptly developing high-quality human resources is vital for Vietnam to utilize its advantages and participate effectively in the multibillion-dollar chain of the semiconductor industry, said Deputy Prime Minister Tran Hong Ha.

Central region taking better advantage of its strengths for comprehensive growth

Many provinces in the Central region have updated their planning, more clearly identifying their strong points for green and sustainable growth overall.

Gold at historic peak, auctions receive lukewarm reception

Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.

Vietnam lacks chip-design engineers despite high salaries

The number of semiconductor engineers in Vietnam is low compared with demand, especially in chip designing.

Fines of VND3 billion imposed on 145 gold trading violators

Authorities have ramped up efforts to combat illegal operations in the volatile gold market, slapping nearly VND3 billion in fines on 145 violation cases this year to date.

Vietnam no longer ADF’s beneficiary: a good sign for the economy

Vietnam's ineligibility for ADB's Asian Development Fund (ADF) 14 is a positive indication for the country, given its already high income level, said Tomuyuki Kymura, Head of the bank's Strategy and Policy Department.

Foreign investors encouraged to invest in petroleum storage infrastructure

Under the plan, the focus will also be on developing the petrol stations along new roads and in new urban areas with an appropriate roadmap to reduce the number of small-scale and inefficient stations.

More businesses to join Vietnam E-Pavilion

The Ministry of Industry and Trade (MoIT) will collaborate with Alibaba to increase the number of prominent businesses selected to join the Vietnam E-Pavilion to 300.

Rental rates for industrial land expected to inch higher

According to CBRE, the surge in the next three years will be 3-9 per cent per year in the North and 3-7 per cent per year in the South.

PM asks to put cross ownership at credit institutions under scruntiny

Scrutinising cross ownership and manipulation at credit institutions aims to ensure system safety as well as financial and monetary security.

Banks announce plans to significantly increase capital

According to experts, the need to raise charter capital stems from improving the CAR, increasing the risk provision ratio, rising medium and long-term capital sources and promoting investment in technology.

Logistics cost increase: Enterprises shift exports to nearer countries

Recent geopolitical conflicts in the Middle East region resulted in a current logistics cost increase of about 130 percent compared to the end of 2023. This pushed export businesses to enhance exports to nearer countries.

SBV cancels gold auction for third time due to lack of bidders

The State Bank of Vietnam (SBV) has announced the cancellation of its gold auction for 16,800 taels of SJC gold this morning, May 3, as just one bidder registered to join the auction.