News

Gold steadied on Friday, after rising more than 1% in the previous session en route to a weekly gain, propped up by a weaker dollar and expectations for a U.S. interest rate cut, offsetting pressure from a rebound in equities.

Oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China.

Long-term government debt yields were set to finish the week near multiyear lows, held down by mounting concerns that the trade war between the U.S. and China could persist longer and curb GDP growth more than first thought.

The euro barely budged in early Monday trade after pro-European Union parties held on to two-thirds of seats in the EU parliament elections, limiting gains in nationalist opponents.

Hanoi (VNA) – Vietnam and Sweden should cooperate in the environmental protection and sustainable development in the context of the current Fourth Industrial Revolution, Minister of Industry and Trade Tran Tuan Anh has said.

Hanoi, (VNA) – The State Bank of Vietnam set the daily reference exchange rate at 23,061 VND per USD on May 27, down 5 VND from the last working day of previous week (May 24), and was 8 VND lower than the rate set a week ago. 

Hanoi (VNA) - Travel firms have launched a variety of tours as the busy summer travel season begins.

Hanoi (VNA) - Policies to develop the industrial sector will be the key to keeping Vietnam’s out of the middle income trap, experts said at a workshop in Hanoi on May 23.

HCM City (VNS/VNA) – Ho Chi Minh City requires huge investment in infrastructure, and authorities have solicited investment of some 42 billion USD in the five-year period until 2020.