Economic & financial news

A former employee of Kim Lim, Singaporean billionaire Peter Lim's daughter, received 22 months' jail for stealing the socialite's valuables, including a Patek Philippe watch and Dior and Louis Vuitton perfumes, among other crimes.

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.

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.

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

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.

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.

Expansion by Asian food, fashion and lifestyle brands is helping Ho Chi Minh City's retail market maintain high occupancy despite some tenants reducing their store footprints.

The Chang Cheng Hokkien Mee hawker stall in Singapore has closed after 32 years serving fried prawn noodles.

Vietnam needs to mobilize and efficiently deploy investments of US$300 billion a year and improve productivity to realize its target of double-digit economic growth, a government economist has said.

The U.S. dollar climbed against the Vietnamese dong on the black market on Monday.

Vietnam's gold prices bounced back from a four-month low on Monday amid a recovery in global bullion rates.

Vietnam will strengthen its economic resilience, strategic autonomy, and international partnerships as global uncertainty deepens, Prime Minister Le Minh Hung said at a dialogue with the World Economic Forum's CEO.

Ho Chi Minh City has strong potential to become a highly connected growth hub, supported by its startup ecosystem, industrial capabilities, and international partnerships, the World Economic Forum's CEO says.

Vietnamese payment provider AppotaPay presented transaction management solutions for retail and food and beverage businesses at VIFS 2026 in Ho Chi Minh City, alongside reports on consumer spending trends.

Its GDP is projected to reach US$1.48 trillion this year, placing it 17th globally and making it Southeast Asia’s sole representative in the top 20

Zhou Qunfei, who first worked as a construction site security guard and eventually launched a business that would net her the moniker “touchscreen queen,” has been named the richest woman in China.