Gold rose for the first time this week on Thursday and the demand for the metal as a hedge against inflation is expected to grow in the next several days. The price of gold increased to VND26.47 million per tael on Thursday, compared with VND26.32 million on Wednesday. A tael is equal to 37.5 grams. Annual inflation accelerated to 8.46 percent in February. The government is aiming to hold it below... 

The Ministry of Finance (MoF) has approved a proposal by the Ministry of Transport to raise the ceiling for domestic airfares, a move aimed at improving airlines’ pricing flexibility. From next month economy class fares will be capped at VND682,000 ($36.88) for distances of less than 300 kilometers and VND864,000 for 300 to 500 kilometers. They go up to VND1.18 million and VND1.8 million for 500... 

Vietnam rice exports could fall by as much as 41 percent in the first quarter this year, or 1.2 million tons, local media reported on Friday, on thin demand and stockpile plans to support prices. The forecast underlines a sluggish market as both foreign buyers and Vietnamese exporters, who have been allocated shipments for the Philippines at high prices, are waiting for further price falls at the...