News

Gold prices rose on Tuesday, holding near a more than three-month high hit in the previous session, as worries over a global recession due to trade conflicts drove investors to find refuge in safe-haven assets.

Oil prices fell on Tuesday amid a global economic slowdown that is starting to hit oil demand, triggering calls in producer club OPEC for supply cuts to be extended.

The yield on the benchmark 10-year Treasury note fell below 2.07% on June’s first day of trading as mounting global growth fears pushed the rate to its lowest level since September 2017.

The dollar was on the defensive on Tuesday after taking a beating against peers such as the euro and yen, hurt by a sharp slide in U.S. Treasury yields as traders raised their bets for a near-term rate cut by the Federal Reserve.

The Hanoitimes - Vietnam’s rare earth resource is considerably large with proven reserves of 11 million tons and potentially may reach 22 million tons.

The Hanoitimes - The overall exports pattern of Vietnam portrays its similarities with export-led growth model of Mexico, which has turned itself into export production platforms for foreign multinationals, rather than developing own indigenous industrial capacity.

Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,052 VND/USD on the morning of June 4, down by 8 VND from the day ago.

Hanoi (VNA) - Vietnam earned 662 million USD from rubber exports in the first five months of the year, a year-on-year increase of 2.4 percent, according to the Ministry of Agriculture and Rural Development.

[SINGAPORE] Vietnam is by far the biggest winner from the US-China trade war so far as importers look to divert their orders to bypass higher tariffs.