News

Gold steadied on Monday, holding above a nearly four-month low touched the previous session on support from a weaker dollar and expectations the United States would put further restrictions on Iran’s oil exports.

Oil prices hovered near 2019 peaks in early trading on Tuesday after Washington abruptly moved to end all Iran sanctions waivers by May, pressuring importers to stop buying from Tehran.

The dollar trod water against other major currencies in early Asian trade on Tuesday, while the Canadian dollar was supported by rising crude oil prices due to U.S. plans to tighten a clamp down on Iranian oil exports from next month.

Vietnam has become one of the world’s fastest-growing economies, with annual GDP growth averaging 5 to 8% over the last few decades. These impressive numbers are largely related to the country’s success in manufacturing and trading, which has lifted millions of people out of poverty.

Hanoi (VNA) – A seminar on promoting trade and investment links between Vietnam and the Republic of Korea (RoK) was held in Hanoi on April 22. 

Seoul (VNA) – Several of Vietnam’s specialty aquatic products are being showcased at the Seoul International Seafood Show 2019, which opened in the capital city of the Republic of Korea (RoK) on April 22.

Firms from the Republic of Korea (RoK) were expecting to increase investments in information technology, biotechnology, food processing and part-supplying industry in Viet Nam, attendees were told at a conference on Monday in Ha Noi.

Binh Duong and Dong Nai provinces, which have the highest export growth rate and number of businesses in the wooden products sector, are poised to take advantage of the benefits of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Domestic cashew processing enterprises have been facing difficulties due to a new regulation that requires additional checks on raw materials imported from African ports.