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Day: September 20, 2023

Price of gold rings in Vietnam highest this year

the-shiv September 20, 2023

Gold rings have hit their highest price this year at VND 58 million (US$2,385) a tael (37 grams) CafeF is reporting. Why it matters: Gold is a popular investment in Vietnam seen as a secure place to store wealth, particularly for older Vietnamese. In this respect the local gold price,

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Push for cross-border platforms to open local offices continues

the-shiv September 20, 2023

Vietnamnet has published more calls for cross-border platforms to open local offices. This is not news persay, these laws have been in place for some time and seem to have been largely ignored by big players like Google and Facebook. This does suggest that these new regulations requiring these firms

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Dairy products dominate list of most reputable F&B firms in Vietnam

the-shiv September 20, 2023

Vietnam Report has published a list of the Top 10 Most Reputable Food-Beverage Companies in 2023 and half are dairy firms, Vietnam Plus is reporting. The top 10 were: Vietnam Dairy Products Frieslandcampina Vietnam Nutifood Nutrition Food International Dairy Products VitaDairy Vietnam Moc Chau Dairy Cattle Breeding,  Kido Frozen Foods

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China has expressed an interest in investing in more infrastructure in Vietnam

the-shiv September 20, 2023

The China Railway Group and Power Construction Corporation of China have said they are interested in investing in more railway infrastructure in Vietnam, according to VN Express. Specifically mentioned were the North-South and the Lao Cai–Hanoi–Hai Phong railways. Of note: China’s track record (excuse the pun) with infrastructure projects in

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Meta is looking to make metaverse hardware in Vietnam

the-shiv September 20, 2023

Facebook parent company Meta, is looking to make hardware for its Metaverse in Vietnam, according to VN Express. This comes as the Prime Minister of Vietnam met with Meta executives in California on Monday. Why it matters: Facebook has flourished in Vietnam and has become an integral part of the

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