News

Vietnam's automobile industry has witnessed progress in the last two years, but the localization rate remains low, not meeting the set target, according to its Ministry of Industry and Trade.

The country is forecast to face power shortage after 2020 due to many power projects falling behind schedule, especially in southern provinces which may lack some 3.7 billion kilowatt hours (kWh) of power in 2021 and up to 10 billion kWh one year later.

OSAKA - Sharp Corp. is considering moving the group’s production of laptops bound for the U.S. market from China to Vietnam, sources with knowledge of the matter have said.

The U.S. Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny.

HOSE: Market Summary 06.06.2019

Domestic coffee prices in Vietnam fell sharply on Thursday from Wednesday, halting the strong recovery from a six-year low seen in early May.

The Hanoitimes - The US Treasury report did not name any nation that has manipulated its currency, while Vietnam has provided additional data aimed at showing it was not holding down the value of the VND.

The automobile industry of Viet Nam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.

The local gold price eased off the VND37 million/tale level recorded today morning, June 4, trading at some VND36 million. Meanwhile, the U.S. dollar price fell against the Vietnam dong for a third consecutive day.