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On Thursday, petrol prices in Vietnam saw a significant hike due to a surge in global fuel prices. The country’s most widely consumed fuel, E10 RON95, experienced a 4.28% price rise, bringing its cost to VND21,430 (US$0.81) per litre. There were similar…
In May, Thailand’s automotive industry experienced a sharp decline in vehicle production, which fell 17.94% year-on-year to 114,214 units. The slump was primarily due to decreased exports amidst political tensions in the Middle East and reduced demand in key…
Gold prices in Vietnam continued on a downward trend on Wednesday morning, reaching the lowest point since October 5. The Saigon Jewelry Company reported that gold bars fell by 2.64%, now valued at VND140 million (US$5,318.74) per tael. In Vietnam, a tael is…
The U.S. dollar started the week on a strong note, gaining against the Vietnamese dong as well as several other major global currencies. Vietcombank, one of Vietnam’s leading banks, experienced an increase in the value of the dollar, selling it at 26,373 VND,…
On Monday afternoon, there was a further decline in the gold prices in Vietnam, following a nearly 1% decrease earlier in the day. The gold bar prices offered by Saigon Jewelry Company experienced a drop of an additional 0.42% from the morning’s price,…
HSBC Holdings Plc recently announced financial results that fell short of projections, impacted by unexpected fraud-related charges in the UK and escalating economic uncertainties due to the Middle East conflict. Financial Outcome Below Expectations In the…
On Wednesday, the U.S. dollar experienced an increase against the Vietnamese dong while maintaining its strength against major global currencies. The Vietnamese commercial bank, Vietcombank, ended up selling the U.S. dollar at VND26,368, marking a 0.008%…
In a recent decision that has sent ripples through the seafood industry, the U.S. Department of Commerce (DOC) released its 19th administrative review of frozen warmwater shrimp imports from Vietnam. This review, covering shipments between February 1, 2023,…
