Real effective exchange rate

Then what causes the domestic gold price to be higher than that in the world? It is because there is too little SJC gold that remains in the market (SJC is the most favored gold trademark in Vietnam), which accounts for only 10-15% of the gold market in Vietnam. Once making up 70% of the entire gold market, SJC gold has seen its market share shrink substantially each time the gold fever occurred during 2018-2019 when the world gold price was higher than that in Vietnam. Meanwhile, for many years now, the State has not given any quota allowing gold ingot to be molded into SCJ gold bars. To put it differently, new SJC gold is no longer available while the SJC trademark still dominates the market price. It is illogical, isn’t it? … [Read more...] about The gold trap

The initial product is the Street Macro, a complete base station that enables smooth, fast, and cost-effective 5G deployments. The smart factory is powered by Ericsson 5G solutions tailored for the industrial environment. Fast and secure 5G connectivity will enable agile operations and flexible production, enabling Industry 4.0 standards to be implemented. It also readies our operations for all the promised benefits of 5G technology. … [Read more...] about 5G to fuel smart manufacturing in Vietnam

Part of the reason is that social media algorithms are geared to appeal to someone's habits and interests: the emphasis is on likability, not accuracy. Changing that would require Facebook, Twitter and other such companies to alter what people see on screen. … [Read more...] about Why the novel coronavirus became a social media nightmare

Upon disembarkation, there was a single desk for dealing with the health check forms which promptly closed as passengers from the UK flight approached. All the passengers were required to remain in a holding area prior to the immigration control booths. Hours passed and confusion was rife. Myself and two other westerners grouped together in the hope we may collectively gather some information as to what we needed to do. Facebook became a source of intense scrutiny. Welcome contact came from UK Ambassador Gareth Ward and Consul General Ian Gibbons. Both gave good encouragement and requested to be kept informed of any developments. … [Read more...] about Citizens rising to the pandemic challenge