Economy

Buyers beware, gold prices can still go down further: SJC

Residents in large cities have been lining up to buy SJC gold bars at outlets set up by commercial banks since yesterday, with many saying they have not been able to finalise any purchases. Meanwhile, bank representatives claimed there is no shortage of the precious metal and that domestic gold demand will be met.
Economy

Vietnamese businesses struggle to sell profitably on Amazon

The number of products sold by Vietnamese sellers on Amazon has increased by 300 per cent since 2019, and those with sales of more than US$1 million has risen 10-fold, according to an Amazon report. While US e-commerce site Amazon is a hit for many Vietnamese businesses, some struggle to profitably do business on the platform since operating expenses are high.
Economy

Việt Nam's coffee prices on the rise

Coffee prices continued to rise sharply on Wednesday, ranging from VNĐ122,000 - VNĐ123,500 (US$4.8-$4.86) per kilogramme in the Central Highlands – the largest coffee growing area in the country.

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