Business

Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked hopes the Federal Reserve will cut interest rates in the new year.

High demand for rice has prompted the export price of Vietnamese rice to rise to a record high of US$663 per tonne, the highest in the world at present.

Vietnamese firms should use additional caution to avoid increasingly sophisticated scams in international trade, Deputy Director of the Vietnam Trade Promotion Agency Hoàn Minh Chiến said.

Vietnam will set up a support fund to encourage and lure strategic investors and multi-national groups, making it more attractive in attracting foreign direct investment.

Vietnam and Cambodia have officially launched a bilateral cross-border QR payment link, allowing their peoples to scan QR codes to make payments in each other’s country using their local currency.

Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back.

Vietnam has successfully implemented economic reforms to drive its economic growth into the next decade, speakers said at one of Asia’s largest economic forums in Bình Dương Province.

Vietnam’s total investment capital abroad, including newly registered and adjusted capital, reached US$395 million over the past 11 months of the year, representing a fall of 16.7% year on year, according to the Ministry of Planning and Investment.

The first ever international rice festival will be held in the Mekong Delta province of Hậu Giang from December 11 to 14.

Vietnam enjoyed a trade surplus of US$24.44 billion as of November 15 this year, according to data released by the General Statistics Office.

Vietnam needs international support, financial cooperation, cutting-edge technology and high-quality personnel to serve its green transition, Prime Minister Pham Minh Chinh told a business forum in Dubai on December 2.

The mint-honey harvesting season in the northern mountainous province of Ha Giang starts every November.

Despite positive signs in recent months, the domestic property market is still facing numerous difficulties and challenges, heard participants at a recent conference organised by the Vietnam National Real Estate Association in Hanoi.

Asian markets drifted Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation unable to relight the buying that characterised much of November.

Pig prices in Vietnam have been falling despite the year-end holiday season approaching.

Vietnam is keen to go ahead with improving the local business investment environment as a way of helping Turkish businesses invest and do business effectively in the nation.

National flag carrier Vietnam Airlines has just launched a new air route connecting the central city of Danang and Bangkok's Don Muang Airport.

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.

The consumer price index (CPI) for November has gone up by 0.25% compared to the previous month and 3.45% to the same period last year, announced the General Statistics Office (GSO) on November 29.