Category: Business

Vietnamese rice prices on the hike

Hanoi: The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).

Specifically, the average paddy price at fields rose by 214 VND to 8,000 VND (0.31 USD) per kilo, with the highest re…

Factors influencing Vietnam’s FMCG market

Hanoi: Economic outlook, demographic transformation and changing consumer trends are among macro shifts reshaping Vietnam’s fast-moving consumer goods (FMCG) landscape, according to marketing data and analytics company Kantar Worldpanel.

In its recen…

Vietnamese furniture products introduced at Milan Design Week

Rome: Ambassador to Italy Duong Hai Hung has congratulated Vietnamese enterprises – the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the Handicraft and Wood Industry Association of HCM City (HAWA) – for their initial success in sh…

Vietnam becomes biggest rice supplier for Singapore

Hanoi: Vietnam has for the first time surpassed India and Thailand to become the largest rice exporter to Singapore by shipping 36.15 million SGD (26.55 million USD) worth of rice in the first three months of this year, an increase of 80.46% over the …

Central bank to resume gold bar bidding after 11 years

The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold ma…