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The State Bank of Vietnam has adjusted its central USD/VND exchange rate to an unprecedented high, reflecting a strong U.S. dollar in global markets. The central bank’s rate has escalated to VND25,306, marking a 0.05% increase from the previous day. Notably,…
Gold prices in Vietnam experienced a notable decline on Thursday, marking their lowest level since the 11th of June. The downturn continued from the morning into the afternoon session, reflecting a trending decrease in gold prices throughout the year. Trends…
On Tuesday morning, the U.S. dollar witnessed a slight increase in value against the Vietnamese dong, maintaining a position close to its two-month peak in comparison to other major currencies. The commercial bank Vietcombank recorded a 0.004% rise in the…
In response to decreasing global rates, Vietnam has adjusted its fuel prices downwards as of Thursday afternoon. RON95 gasoline, the country’s most commonly used fuel, decreased by 5.4%, taking it from its price last week to VND24,150 (US$0.54) per liter.…
Wednesday saw a dip in gold prices in Vietnam, tracking a global decline in bullion rates. Saigon Jewelry Company, a notable player in the market, reported a 0.92% decrease in gold bar prices, which dropped to VND162 million (US$6,144.5) per tael.…
New Zealand-based A2 Milk Company has reported a drop in its share price due to the decline in Chinese birth rates, which has reached a record low. On the Australian Securities Exchange (ASX), A2 shares plunged by 11.2 percent upon closing on Monday, January…
The US Federal Reserve has announced a reduction in interest rates by 0.25 percentage points, marking the third consecutive cut this year. However, further reductions in the near future seem unlikely. Federal Reserve’s Position According to Jerome Powell, the…
On a recent Friday morning, the U.S. dollar experienced a minor depreciation against the Vietnamese dong, continuing its trend near a five-week low against major global currencies. Vietcombank, one of Vietnam’s most significant financial institutions,…
The US dollar exhibited a slight rise against the Vietnamese dong on Tuesday morning, with Vietcombank increasing its dollar sales by 0.0075% to VND26,403. In contrast, the black market exchange rate recorded a 0.07% dip to VND27,850. Worldwide Currency…
On Tuesday morning, Vietnam saw a rise in the price of gold, in line with global rates which experienced an upward trend. This increase is attributed to market anticipation of a Federal Reserve interest rate cut. The Saigon Jewelry Company reported a 1.66%…
The price of gold in Vietnam saw a significant increase on Tuesday, reaching its peak since October 21st. This uptick was reflective of a global surge in gold prices, spurred by the anticipation of the U.S. government’s resumption. Saigon Jewelry Company…
The retail vacancy rate in Metro Manila is projected to return to pre-pandemic levels by 2022, according to a recent study by Colliers Philippines. The rate of empty retail spaces in Metro Manila eased to 11.4% as of September 30, 2021. By the close of next…
The Ministry of Transport will increase the domestic air ticket price ceiling in Vietnam by an average of 3.75% later this year, a decision to delight local carriers. The maximum airfare on four out of five flight distances will rise in the second or third…
Food delivery service Deliveroo is reducing its Pickup service commissions to 5 percent for its operations in Hong Kong. The move is expected to provide relief to restaurants struggling to generate revenue during the coronavirus outbreak with tough social…
Michael Kors is expanding its smartwatch offering with an improved version of Sofie, a wearable device that was launched two years ago. The new model, weirdly named Sofie Heart Rate, packs a few new features that the original model lacked, but keeps a similar…
Oil price fell about 2 percent on Thursday as the market was weighed down by concerns that global demand growth would lag in the coming year. A rebound from late December lows seemed to stall amid worries that a trade war between the U.S. and China would…
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