business news

Update news business news

Gold chaos: From 33 million to 118 million VND per tael in 10 years

In just one decade, gold prices in Vietnam have fluctuated dramatically, climbing nearly 85 million VND (about $3,340) per tael, from 33.3 million VND per tael in 2016 to 118 million VND today.

Vietnam’s six key cities post-merger hold half of national GDP

Newly merged cities like HCMC and Hanoi will account for nearly 50% of Vietnam's GDP and 62% of its national budget revenue.

Is rooftop solar power a good choice if electricity bill is VND1 million?

With electricity bills exceeding VND1 million monthly and consumption over 400 kWh, EVN recommends that households consider rooftop solar power to cut costs and ease pressure on the power sector.

Dak Lak and Phu Yen merge: A new province linking mountains and sea

With a major merger underway, residents will soon travel from the Central Highlands to Tuy Hoa’s beaches via key routes like National Highway 29.

Gold hits record high, crowds storm Hanoi’s gold street for limited supply

Gold surged to 118 million VND per tael as hundreds queued in Hanoi’s Tran Nhan Tong Street, causing chaos and stock shortages.

Vietnam expands aircraft import list to seven countries including China

Vietnam now permits the import of aircraft from Canada, Brazil, Russia, the UK, and China, alongside Airbus and Boeing.

Mother accused of killing child to collect insurance amid rising fraud cases

Experts have noted that insurance fraud is spiking. Horrific crimes have been committed just to get insurance benefits

Global vision, local soul: AEDAS unveils Cat Ba's island city design story

Behind the unique beauty of the Central Green Bay Island City lies a seamless fusion of global architectural vision and rich local culture, blending Eastern Feng Shui philosophy with the contemporary language of international design.

Economic disparities highlighted as Dong Nai, Binh Phuoc prepare to merge

Before the upcoming provincial merger, both Dong Nai and Binh Phuoc have shown strong development in industrial production and services. In particular, Dong Nai has achieved impressive economic milestones in recent years.

Government proposes flexible pay for SOEs to match private sector

A proposal to allow state-owned enterprises (SOEs) to adopt a flexible, market-driven salary system similar to the private sector has been put forward at a recent conference on digital transformation leadership in state-run businesses.

Vietnam expands forestry and fisheries loan package to $4 billion

The State Bank of Vietnam increases the preferential loan program to support agriculture, forestry, and fisheries to nearly $4 billion.

Vietnam expands official agricultural exports to China with four new products

Vietnam has officially signed export protocols with China for four additional agricultural products: chili, passion fruit, bird’s nest, and rice bran, expanding its presence in one of its largest export markets.

Vietnam outlines legal retaliation plans for trade defense cases

New decree mandates response strategies, including lawsuits and countermeasures, when Vietnamese firms face foreign trade defense actions.

Mobile Money pilot in Vietnam extended through 2025

The Vietnamese government has approved an extension of the Mobile Money pilot program, which allows payments for small-value goods and services through mobile telecom accounts, until December 31, 2025.

Used-car inspectors: light work and high pay, but big risks

With rising demand for secondhand cars, inspecting used vehicles has become a lucrative trade. Mastering it, however, requires not just technical know-how but also a wealth of skills and seasoned experience.

Hanoi to launch 69m2 apartments, condo price surge slows

Real estate highlights of the week: Social housing news in Hanoi; Bac Giang district land auctioned for nearly VND7 billion for a 154m2 plot; Controversy at Discovery Complex condo.

A tale of three provinces: Vinh Phuc, Phu Tho, Hoa Binh before the union

As the three provinces prepare to unify, their diverse economic indicators reveal an unexpected divide in growth and performance.

Newly merged Can Tho super city poised to transform Mekong Delta

Can Tho, Hau Giang, and Soc Trang are set to merge into a new ‘super city’ in Vietnam’s Mekong Delta. So, what is the economic scale of these three provinces before the merger?

What will Vietnam’s new Ninh Binh province inherit from its parts?

With Ha Nam, Ninh Binh, and Nam Dinh poised to become one, their economic profiles reveal both potential and disparity.

Rising costs force price hikes, shake Vietnam’s food industry

From pho stalls to major chains, vendors navigate shrinking margins and wary consumers.