News

Gold was little changed on Wednesday in the wake of minutes from the latest U.S. Federal Reserve meeting, but the precious metal was trading above the two-week low hit in the last session as stock markets slid on fresh trade tensions.

Oil futures sank on Wednesday as an unexpected build in U.S. crude stockpiles compounded investor worries that a prolonged trade war between Washington and Beijing could dent crude demand.

U.S. government debt yields held lower Wednesday amid trade war angst and after the Federal Reserve’s meeting minutes showed members willing to postpone rate decisions “for some time.”

The U.S. dollar held near a one-month high on Wednesday amid heightened trade tensions between the United States and China and ahead of the release of Federal Reserve meeting minutes which may provide more clues on why the central bank stood pat on interest rates earlier this month.

Vietnam has begun to achieve worldwide fame with a series of architectural masterpieces and tourist attractions and strengthen its reputation for luxury travel.

Vietnam and Europe could be swapping more agri products soon, if a new trade deal comes into effect. That deal would link two regions that have been looking for an alternative to the trade tensions brought on by the United States.

Vietnam’s central bank has said it is ready to sell dollars to shore up the dong if needed.

Vietnam is among the most attractive investment destinations in ASEAN for private equity investment, according to Grant Thornton Vietnam, in its latest issue of the Vietnam Private Equity Investment Outlook 2019.

In many ways Vietnam is like a phoenix emerging from the ashes of the past. The paralyzing effect of the Vietnam War (1954-1975) and the repression that followed means the economy is growing from a low base. But GDP has been expanding at a rate around 7% and remains one of the fastest growth economies in the world.