The persistent issue of low export prices has rendered the Vietnamese tea industry vulnerable to intense international competition. The industry is facing low price trap.
The price of gold bars fell by VND1.5 million per tael to VND87.5 million following a tumble in the price of the precious metal in the global market after the results of the United States presidential race were announced.
The gold demand in Vietnam slumped significantly in the third quarter of this year as the sharp price rise deterred fresh buying, while the world’s total gold demand touched record high, according to the Q3 gold demand trends research recently published by the World Gold Council.
While the price of SJC-branded gold bullion remained unchanged, 9999 gold ring price in the domestic market rose on October 31 morning following the global gold price trend.
A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Vietnam Coffee-Cocoa Association (Vicofa).
The domestic gold price continued to rise sharply on October 22 morning, of which SJC-branded gold price increased by VND1 million (US$39.4) per tael to VND89 million (US$3,502) per tael for selling.
The Ministry of Industry and Trade (MoIT) has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.
Hanoi’s consumer price index (CPI) in September rose 0.66% from the previous month, and 2.01% from a year earlier, according to the city’s Statistics Office.
The export price of Vietnam’s Robusta coffee beans in the first half of September increased sharply and far exceeded the export price of Arabica coffee beans by nearly US$1,000 per tonne, according to the Vietnam Coffee and Cocoa Association (VICOFA).
The retail prices of petrol were revised up while those of diesel, kerosene were lowered from 3pm on September 19 by the Ministry of Industry and Trade, and the Ministry of Finance.
Prime Minister Pham Minh Chinh has asked authorities at all levels to ensure supplies of food and essential goods for households affected by super Typhoon Yagi.
Auction prices for land in several suburban districts of Hanoi have been breaking records, with auctions lasting through the night and final prices reaching dozens of times the starting price.
Deputy Director Nguyen Thuy Hien of the Domestic Market Department under the Ministry of Industry and Trade stated that E5 biofuel struggles to compete in terms of price and quality during an interview with SGGP Newspaper.
In the fight for freedom and independence, many young men and women in their 20s, sacrificed their precious lives. Some left a part of their body at the battlefield and others who came home left a piece of their young, carefree soul.
The Ripe Fruit Festival will have 100 booths to show off local fruit specialities, along with many activities during the week-long event in Bình Dương Province.
