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Association calls for national gold exchange

Association calls for national gold exchange
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30/04/2021

11:18
GMT+7
The Vietnam Gold Trading Association (VGTA) has proposed the establishment of a national gold exchange in Hanoi or Ho Chi Minh City.
Vietnam Gold Trading Association has proposed the establishment of a national gold exchange.
The move aims to create a link between domestic gold prices and international gold prices, the VGTA said.
This will help eliminate illegal gold trading floors, increase the mobilisation of gold from the people, reduce cash transactions and prevent tax losses to the State. ....

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Export-import growth hits 10-year high | Business | Vietnam+ (VietnamPlus)

From January-April,
exports totalled 103.9 billion USD, an
increase of 28.3 percent against the same period last year.
The domestic sector exported 25.76 billion USD worth of goods
and services, up 12.8 percent year-on-year and accounting for 24.8 percent of
the total overseas shipments, while the foreign-invested sector contributed 78.14 billion USD, up 34.4
percent and representing 75.2 percent of the total.
Highest growth was seen in the heavy industry and mining sector, which generated 57.58 billion USD in export revenue, a year-on-year rise of 33
percent. It was followed by the light and craft industries, 27.5 percent; and
agriculture and forestry, 8.8 percent.
The US was Vietnam’s largest buyer during the period, with a value of 30.3 billion USD, up 50.1 percent year-on-year. China came second, purchasing 16.8 billion USD worth of goods and services from Vietnam, up ....

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Reference exchange rate continues going down | Business | Vietnam+ (VietnamPlus)

The State Bank of Vietnam set the daily reference exchange rate at 23,158 VND per USD on April 29, down 2 VND from the previous day. ....

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Cham Islands' bird's nest products get GI certification | Business

Birds build nests on vertical cliffs in a cave on Cham Islands. (Photo: Quang Nam Newspaper)
Quang
Nam (VNS/VNA) - After four years of preparations, the National
Office of Intellectual Property of Vietnam has granted Geographical
Indication (GI) to the Cham Islands
The Hoi An city People’s Committee, which has jurisdiction over the
islands, said the product contributed 20 percent to the city’s Gross Regional
Domestic Product (GRDP) annually.
A report from the Ministry of Science and Technology said the bird s nests
are seen as one of the best products in Vietnam due to their high nutritional
value with 50 percent protein. ....

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Best design ideas for VinFast's global showrooms announced | Business

The showroom design by Vicky Daroca (Photo: VNA)
Hanoi (VNA) – Nine most
excellent design ideas at the VinFast Global
Showroom Design Competition 2021 were recently honoured at Times Square, New
York City.
Nearly 1,000 entries from 90 countries were sent to the contest, held by the
Vietnam Design Association – Ho Chi Minh City (VDAS) and VinFast from January
25 to February 25. The event drew the enthusiastic participation of designers
from the US, Canada, Europe, Australia and Vietnam.
VinFast CEO Thai Thi Thanh Hai said “We are very happy that the contest
attracted designers from all over the world, who show a similarity with VinFast ....

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