News

HCMC – The HCMC People’s Committee has suggested the Ministry of Finance levy a special consumption tax on mobile phones and some other products and services that only high income earners can afford.

HCMC – Google on May 6 launched Google Assistant in the Vietnamese language in HCMC to help users search for directions, find weather reports, translate text into English and schedule events and alarms.

Asia stocks declined in Wednesday morning trade as investors digested U.S.-China trade developments that sent stateside shares tumbling overnight.

Stocks fell sharply on Tuesday after a top U.S. trade official indicated that higher tariffs on Chinese goods are coming later this week, disappointing traders who hoped President Donald Trump’s weekend tweet threat was just a negotiation tactic.

Gold prices firmed on Wednesday as renewed concerns on U.S.-China trade dispute upset risk appetite, boosting demand for safe-haven assets.

Oil prices stabilized on Wednesday as markets remained relatively tight amid U.S. sanctions on crude exporters Iran and Venezuela.

U.S. government debt prices rose on Tuesday, as investors remain concerned about President Donald Trump’s threat to hike tariffs on Chinese goods as soon as Friday.

Growing fears about the impact of a worsening U.S.-Sino trade conflict on global growth kept the safe-haven Japanese yen near recent highs against its peers on Wednesday.

Vietnam, with a population just shy of 100 million, is one of the largest countries in Asia and one of the most attractive markets for growing global brands.