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Gold prices have been rising relentlessly this year as investors sought a safe haven amid the uncertainties caused by the Covid-19 pandemic. Vietnamese gold prices have always been higher than international rates, but in recent weeks the difference has been widening. … [Read more...] about Analysts, authorities make contrasting claims about high Vietnam gold prices

In July last year, border guards inspected a ride-hail car that was carrying the foreign man on a National Highway 22 section near Moc Bai, an international border gate between Vietnam and Cambodia located in Tay Ninh Province. … [Read more...] about Singaporean man sentenced to death for drug trafficking in Vietnam

Regarding imports, the imported beer output reached more than 37 million litres (an increase of 8.9 percent compared to the same period in 2018). The three main sources of beer supply in Vietnam are the Netherlands (25 percent), Mexico (17 percent) and Belgium (16 percent). Compared to beer consumption in Vietnam, beer imports into the country account for a relatively small proportion. Domestic and FDI beer enterprises dominate the domestic market, with the advantage of cheap beer prices, which suits the taste of the majority of customers. … [Read more...] about Vietnam’s beer market expects big changes in 2020

In 2019, the total beer production will reach more than five billion litres (up 22.9 per cent over the same period in 2018); consumption reached over four billion litres (up 29.1 per cent over the same period last year). Beer sales reached over VND65 billion (up 0.5 per cent over the same period last year). Regarding types of consumption, canned beer consumption accounted for 66.8 per cent of total beer consumption in Viet Nam, followed by bottled beer 29.9 per cent; while draft beer is 3.1 per cent and accounts for a modest market share of fresh beer at 0.1 per cent. … [Read more...] about Vietnam’s beer market expects big changes in 2020

Vice Chairman of Ninh Thuan People’s Committee Le Van Binh said that tourism has been identified as one of the province’s six key economic sectors. As a result, reviving and bolstering tourism and related business activities plays a very important role for achieving the dual goal of repelling the pandemic’s impact and fostering socio-economic development. … [Read more...] about Reviving Vietnam’s Central Coast tourism