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Real estate firms struggle with huge debt

HCMC – The real estate sector is currently grappling with a significant bond debt, totaling nearly VND350.9 trillion as of March 2024, according to...

Gold prices surge to all-time highs

HCMC – Gold prices soared this morning, May 10, by around VND2.5 million from the day earlier to near VND92 million per tael, the...

Power demand surges amid heatwave

HCMC – The Vietnam Electricity Group (EVN) has projected a sharp rise in electricity demand this May, with average daily consumption reaching 913.6 million...

SBV tightens foreign exchange oversight

HCMC – The State Bank of Vietnam (SBV) branch in HCMC has told commercial banks and foreign bank branches to enhance oversight on foreign...

Italy launches US$1.3 billion investment package for Vietnam

HCMC – SACE, Italy's state-owned insurance and financial group, has unveiled a US$1.3 billion aid package aimed at supporting Italian businesses in Vietnam. Vietnam, one...

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