Economic & financial news

Australia's central bank raised its key interest rate to a 18-year high on Tuesday, citing the prolonged war in the Middle East and persistent inflationary pressures.

Indian billionaire Mukesh Ambani, the richest man in Asia, joined top billionaire Elon Musk among the world’s biggest wealth gainers on Tuesday.

Malaysia has attracted potential investments worth RM59.5 billion (US$14.6 billion) through official visits and overseas trade and investment promotion missions in 2025–2026.

Industrial production increased in 33 provinces and cities during the January-October period, while Sơn La was the only locality reporting a decline, at 5 per cent.

Including additional capital registered by existing businesses, total capital injected into the economy reached nearly VNĐ5.8 quadrillion (US$223 billion) from January through October, up 11.6 per cent year-on-year.

Vietnam posted a trade surplus of US$7.31 billion in October, following its first this year in September, as trade turnover in the first 10 months rose to a record high.

Vietnam’s Consumer Price Index (CPI), which measures inflation, rose 4.57% in the first 10 months of 2026.

HCM City attracted US$19.1 billion in FDI in the first 10 months of 2026, stepping up cooperation with global investors through expanded development space, preferential policies and strategic investment opportunities.

The proposed 6,000-square-metre facility represents an initial investment of US$20 million, following an agreement signed with the Đà Nẵng Specific Economic Zone Authority (DSEZA) in July 2026.

Vietnam gold prices on Tuesday afternoon fell 0.42% from the morning, but remained above Monday's level.

The programme aims to boost domestic capabilities and competitiveness in agriculture and environmental industries through strategic technologies and biotechnology, supporting green and sustainable farming.

Grab and Xanh SM have comparable usage rates, at 66 and 64 per cent respectively.

Transport prices rose 2.66 per cent in October, the sharpest increase among the groups, as petrol prices climbed 6.86 per cent and diesel prices increased 0.75 per cent.

Vietnam gold prices rose Tuesday morning following a recovery of the precious metal on global markets in the previous session.

The U.S. dollar edged down against the Vietnamese dong Tuesday morning, extending its decline after hitting an 18-month low last week.

The bank expects growth to remain in the double digits in early 2027, supporting household income and prospects for the consumer sector.

As growth responsibility is assigned to each province and city, what matters is not only the fourth-quarter number, but the new productive capacity, jobs, incomes and competitiveness each locality creates.

Herbalife Vietnam is supporting the fourth season of a national student reality TV show, helping young people develop ideas, build practical skills, and implement community projects.

For more than a decade, the annual event has grown into one of Việt Nam’s largest international trade promotion platforms for the food processing, agricultural and seafood industries.

Capital is shifting toward bigger projects with more technology and longer horizons. That reflects not just market advantages but investor expectations for the city’s next phase, a local official said.