Business

Gold price forecast reverses sharply, series of organizations set a target to exceed 5,400 USD

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Major financial institutions simultaneously raised gold price expectations, reflecting sheltered buying power and the trend of increasing gold ownership of central banks.

Lao Cai fines businesses for illegally transferring more than 1,000m2 of forest land

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Lao Cai - Hanoi Housing and Commercial Development Investment and Business Co., Ltd. has just been fined for illegally converting forest land to non-agricultural land.

6-month interest rate hits 7.3%, depositing 1 billion VND receives highest interest of 213 million VND

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6-month term savings interest rate peaks at 7.3%/year. Depositing 1 billion VND, customers receive record interest of up to 213 million VND when choosing long terms.

Silver prices fall sharply, people jostle to catch the bottom

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On January 22, domestic silver prices fell sharply. Taking advantage of the low prices, many people lined up early at business stores to wait to buy.

Securities welcomes real estate stock waves

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Although not maintaining the 1,900 point mark, the stock market recorded quite positive signals with the return of the real estate stock group.

A series of factors affecting oil prices to cool down

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In the trading session on October 27 (Vietnam time), oil prices plummeted due to concerns about the Middle East conflict easing, while US demand showed signs of weakening and the USD increased.

Escalating tensions in the Middle East cause oil prices to increase

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On October 26 (Vietnam time), oil prices increased due to concerns about the spread of the Israel-Hamas conflict.

Oil prices hit a 2-month low

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The trading session on October 25 (Vietnam time), a series of economic data from Germany, the eurozone and the UK caused oil prices to fall sharply and negatively affected the energy demand outlook.

Oil prices cool as the US tries to prevent conflict through diplomacy

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In the trading session on October 24 (Vietnam time), oil prices continued to decline as diplomatic efforts from Europe and the US were stepped up to curb conflicts in the Middle East.

World oil prices decrease, domestic gasoline prices may increase by 500 VND

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In the trading session on October 23 (Vietnam time), world oil prices decreased slightly. Domestic gasoline prices are expected to be adjusted up to a maximum of VND 500/liter (kg) this afternoon.

Oil prices cool down as the Middle East conflict escalates

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In the trading session on October 21 (Vietnam time), oil prices decreased slightly in the context of expectations of a reduced escalation of the Israel-Hamas conflict, causing less disruption to oil exploitation activities in the Middle East.

Concerns about supply, oil prices increase to a two-week high

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In the trading session on October 20 (Vietnam time), oil prices continued to increase due to persistent concerns about conflicts in the Middle East and decreased US gasoline and oil reserves.

A series of new factors driving oil prices up

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In the trading session on October 19 (Vietnam time), the increase in oil prices continued to be supported by decreased US oil reserves, the Israel-Hamas conflict and China's growth.

Expecting US diplomatic efforts, oil prices exceed $90/barrel

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On October 18 (Vietnam time), oil prices increased sharply in the context of investors waiting for signals of US diplomatic efforts and President Joe Biden's trip to Israel to prevent the conflict in the Middle East from expanding.

US loosens embargo on Venezuela, causing oil prices to cool down

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In the trading session on October 17 (Vietnam time), oil prices continued to decline because they expected the US and Venezuela to soon reach an agreement to ease sanctions on Venezuela's crude oil exports.

Red oil price in the first session of the week

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On October 16 (Vietnam time), oil prices decreased slightly in the context of investors being cautious about the possibility of the conflict between Hamas and Israel affecting oil supply from neighboring countries in the producing region.

Conflict in the Middle East expands, pushing oil prices above $90/barrel

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In the trading session on October 14 (Vietnam time), oil prices increased by nearly 6% as investors worried that the conflict in the Middle East could expand when Israel began land attacks on the Gaza Strip.

Tight supply in the long term pushes oil prices up

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In the trading session on October 13 (Vietnam time), oil prices increased when supply was likely to tighten for a long time.

Oil prices continue to plummet after Saudi Arabia's commitment to stabilize the market

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In the trading session on October 12 (Vietnam time), oil prices continued to plummet by about 2% after Saudi Arabia's commitment to help stabilize the market and increase US oil reserves.

Oil prices decrease due to less interrupted supply from the Middle East

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In the trading session on October 11 (Vietnam time), oil prices decreased slightly due to concerns about the possibility of supply disruption from the conflict between Israel and the group Hamas.