Traditional market traders in Ho Chi Minh City are still concerned about electronic invoices
Yen Adjusts Near Record Level for Many Weeks
According to Lao Dong, on June 11, the Japanese Yen (JPY) continued to depreciate for the second consecutive day and is currently trading near its lowest level in two weeks against the US Dollar (USD) which is widely strengthening.
Optimism on progress in US-China trade negotiations has fueled risk-off sentiment in the market, reducing demand for the JPY - which is considered a safe-haven asset.
However, the Yen's weakening may be limited by expectations that the Bank of Japan (BoJ) will continue to raise interest rates this year. In contrast, the US Federal Reserve (FED) is expected to cut interest rates in 2025, putting pressure on the USD and partially supporting the JPY. See more...
Destroying fake ST25 rice and packaging in Hanoi
On June 11, Market Management Team No. 1 (Hanoi Market Management Department) supervised the removal and destruction of elements violating industrial property rights for two business households that violated the ST25 rice brand.
At the time of inspection, Nam Dinh Ngon Rice Business Household (address: Kiosk K99, VL1 area, Trung Van market, Nam Tu Liem district, Hanoi) was fined 24 million VND and forced to remove and destroy all violating goods. Specifically, 80 packs of finished rice and 125 packaging shells with signs of counterfeiting the brand "Specialty product Soc Trang Rice ST25 - Premier-class fragrant rice".
Similarly, business household Tran Van Chuyen (SonO rice store, No. 543 Vu Tong Phan, Thanh Xuan district, Hanoi) was also fined VND 3.6 million and forced to destroy 10 rice bags and 40 packaging shells with signs of infringing on intellectual property rights. See more...
18-hole golf course, nearly 400 billion VND in Thai Nguyen is about to come into operation
The Glory golf course project in Thanh Cong commune, Pho Yen city is located on a campus of nearly 54 hectares invested by MDA G&C Company Limited.
This is an 18-hole golf course sports area with auxiliary services, technical infrastructure works invested in and built synchronously and completely. Started in early 2024, some main items have been completed.
According to the reporter at the project, workers and machinery were mobilized to speed up construction. The grass items have been planted, the functional buildings are gradually being completed. See more...
