When measured by value, the total of gold investment in Việt Nam still rose by 12 per cent to US$997 million, indicating that long-term demand will remain strong.
The State Bank of Vietnam said it will monitor gold markets closely and coordinate with agencies to manage and stabilise the market within its authority.
Việt Nam is the world''s third-largest textile and garment exporter, with an export value reaching US$44 billion in 2024, while India is a leading supplier of raw materials, particularly cotton and cotton yarn.
The project in the Thành Hải resettlement area will include 1,155 social housing units and 197 commercial housing units, with a total investment of over VNĐ1.13 trillion (US$44.4 million).
While cement supply is projected to reach approximately 124.75 million tonnes this year, domestic demand is only expected to be around 63.5 million tonnes.
Việt Nam’s garment-textile export value is expected to reach US$44 billion in 2024, marking an 11.26 per cent increase from 2023, according to the Việt Nam Textile and Apparel Association (VITAS).
Minister of Industry and Trade Nguyễn Hồng Diên said accurate forecasts, careful preparations and flexible operations are needed to ensure adequate supply of electricity in 2025.
The annual Supply-Demand Connection Conference between HCM City and various provinces and cities opened on September 26 with more than 2,000 businesses taking part.
The country''s total demand for gold bars and coins was 26 tonnes in the first half of this year, the highest level since 2014, according to the report.
The Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development are working together to discuss solutions to make the most of opportunities from rising global demand for rice, fruit and vegetables to expand exports sustainably.