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The Oversea-Chinese Banking Corporation (OCBC) in Singapore is broadening its precious metals sector by introducing physical gold trading and storage services for institutional investors and private banking clients. OCBC perceives an increasing demand for…
As the demand for gold continues to escalate, United Overseas Bank (UOB), the sole local banking institution in Singapore that trades in physical gold bars and bullion coins, has announced plans to expand its operating hours and implement an appointment-only…
The National Assembly of Vietnam has directed the government to construct a strategic plan for establishing a gold trading exchange. This endeavor is in response to the escalating prices of gold and aims to control and regulate the bullion market. The Need…
Trust Bank is stepping into a new territory with the introduction of a trading platform for US stocks and exchange-traded funds (ETFs). This development makes Trust Bank the first in Singapore to offer fractional trading, thus offering everyday investors an…
Since August 7, a range of tariffs between 10% and 41% took effect, impacting most of the United States’ trade partners, with Vietnam facing a significant 20% rate—much lower than the initial 46% proposed by President Donald Trump. This shift leaves many in…
Aiming to capture the attention of consumers in Asia, the global retail giant Walmart recently unveiled its plans for an ambitious expansion across the region. Speaking at a press conference in Tokyo, company executives detailed their strategy to enhance the…
The U.S. dollar showed signs of strength against the Vietnamese dong as well as other major currencies on Friday morning, reflecting a complex global economic landscape. Vietcombank reported a slight uptick, pricing the dollar at VND26,223, an increase of…
The vibrant tapestry of Vietnam’s economy continues to weave success as new trade data emerges, revealing a noteworthy trade surplus of US$4.67 billion for the first five months of 2025. According to the Department of Customs under the Ministry of Finance,…
The U.S. dollar experienced a slight uptick against the Vietnamese dong on Tuesday morning, even as global rates plunged to a six-week low. This nuanced currency dance unfolds amidst a backdrop of economic fragility and trade tensions. Dollar Surges Against…
Cryptocurrency trading has grown exponentially over the past decade, with millions of traders entering the market seeking profits from digital assets like Bitcoin, Ethereum, and altcoins. Unlike traditional financial markets, crypto trading is characterized…
A bustling jewelry store in Hanoi showcases the latest trends as the gold market experiences a dramatic resurgence. On Wednesday morning, Vietnam’s gold prices soared to the highest level since May 10, primarily driven by a global uptrend that saw prices hit…
Vietnam’s stock market kicked off the week on a down note, as the benchmark VN-Index dipped by 0.39%, closing at 1,296.29 points. This drop translates to a loss of 5.1 points, following a previous session where the index slipped 11.81 points. Trading Activity…
In an exciting turn of events for investors, Vietnam’s benchmark VN-Index soared by 1.26% to close at 1,283.26 points on Monday, marking the highest trading activity the market has seen in the last two weeks. The index rebounded 15.96 points after a dip in…
Vietnam’s benchmark VN-Index experienced a notable increase of 0.68% on Wednesday, reaching 1,250.37 points. This marks a positive trend to kick off the month, as the index continues its three-day upward trajectory. Trading Highlights The VN-Index closed 8.42…
While the tariff fiasco has brought red ink to the markets and chaos to the global economy, the ultimate goal according to President Donald Trump and his supporters, is to have manufacturing brought back to the United States. According to Trump’s Commerce…
Vietnam’s benchmark VN-Index fell 0.09% to 1,272.87 points Thursday, after hitting a two-month peak in the previous session. The index closed 1.2 points lower after gaining 13.68 points in the previous session. Trading on the Ho Chi Minh Stock Exchange…
