Author: the-shiv

This archive features news articles written by our staff team. To learn more about the-shiv, visit our about page.

Gold: Vietnam GS calls for end to state monopoly on gold bars

Vietnam’s General Secretary To Lam has called for an end to the state monopoly on gold bar production, urging a shift toward a “controlled and planned market” model that allows qualified enterprises to produce gold bars under state oversight, VN Express has reported. The move comes after a decade of State Bank monopoly over gold bar production, which has led to market distortions, a reduction in trading points, and restricted raw material supply.

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Logistics: Vietnam, France firms team up on US$492 million Hai Phong port expansion

Saigon Newport Corporation (SNP), under the Ministry of National Defense, will partner with France’s CMA CGM to build berths 7 and 8 at Lach Huyen, Hai Phong, with operation targeted for 2028, Cafe F has reported. The deep-water project is valued at VND 12.79 trillion or US$492 million, including VND 1.92 trillion or US$73.8 million in equity from SNP and VND 10.87 trillion or US$418.2 million in mobilised capital.

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Garments & textiles: Vietnamese industry leaders weigh Trump tariff pause and future risks

Former President Donald Trump’s remark distancing the US from producing items like “sneakers and T-shirts” has been welcomed by Vietnamese textile and footwear leaders as a sign that US tariffs may spare essential consumer goods like apparel, Tuoi Tre is reporting. Industry leaders see it as a positive signal amid a 90-day suspension of reciprocal US tariffs—but remain wary of deeper vulnerabilities.

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