Việt Nam News

On the 10th day of the first lunar month, the Vietnamese celebrate the God of Wealth Day. Gold shops are bustling with customers as people purchase gold in the belief that it will bring them wealth and success in the year ahead. Let's take a look at the lively atmosphere of this unique day!

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index gained 3.72 points, or 0.29 per cent, to close at 1,275.2 points.

Việt Nam’s export value of agro-forestry-aquatic products was estimated at US$5.08 billion in January, marking a 4.9 per cent decline compared to the same period last year.

Buying gold on God of Wealth's Day for good luck has been a tradition for a lot of Vietnamese, but financial experts said people should consider their own financial health to make sound decisions and avoid unwanted risks.

The province will continue to promote industrial restructuring by attracting investment in large-scale processing and manufacturing industry projects.

HCM City’s Tết spending rose, with retail and service revenue reaching VNĐ108 trillion ($4.3 billion) in January, up 7.5 per cent year-on-year.

Gold prices exceeded the threshold of VNĐ90 million (US$3,550) per tael on Friday, the God of Wealth Day.

The Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng outlined goals and tasks for the entire banking sector in 2025.

In 2024, Việt Nam’s agricultural sector reaffirmed its role as the backbone of the economy, ensuring food security, stabilising society and securing livelihoods for over 60 per cent of the rural population.

While China remains a significant supplier, recent trade data highlights Việt Nam’s efforts to diversify supply to meet industry demands.

Việt Nam is considering new taxes on real estate to address rising prices and mitigate speculation, after prior initiatives were postponed amid public backlash.

These forthcoming listings not only reflect the resilience of the country's economy, but also offer investors fresh opportunities across various sectors.

From March 1 battery-powered electric vehicles (EVs) in Việt Nam will no longer be exempt from registration fees.

To maintain economic stability, the Deputy Prime Minister underscored the need for an uninterrupted supply of fuel, electricity, and essential goods.

Statistics from the Việt Nam Coffee-Cocoa Association show that in January 2025, Việt Nam exported 154,635 tonnes of coffee, generating revenues of US$799.5 million.

Despite rising gold prices, jewel shops in HCM City are crowded these days with people scrambling to buy the precious metal for the God of Wealth Day (10th day of lunar year, February 7) to secure luck and prosperity.

The VN-Index officially surpassed the 1,270-point threshold, while liquidity declined slightly and foreign investors maintained their net-selling trend.

The first month of 2025 witnessed a record number of businesses restarting operations, with 22,794 enterprises returning to the market.