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.
Oil prices increase to the highest increase of the week
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In the trading session on August 26 (Vietnam time), oil prices reached the highest level of the week after information about reduced oil and gas reserves in Europe overwhelmed concerns about supply.
Oil prices increase slightly ahead of the Fed meeting
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In the trading session on August 25 (Vietnam time), oil prices recovered in the context of investors cautiously waiting for information at the Jackson Hole Conference to predict interest rate trends in the coming time.
Continued decline, oil prices hit $80/barrel
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In the trading session on August 24 (Vietnam time), oil prices plummeted, fuel demand was relatively gloomy.
Oil prices continue to decrease as supply signals gradually improve
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In the trading session on August 23 (Vietnam time), oil prices decreased slightly, while the supply signal gradually improved.
Oil prices are affected by the world's two leading economies
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The first trading session of the week on August 21 (Vietnam time), oil prices were in the red. Domestic gasoline prices are expected to increase slightly by 100-700 VND/liter.
The biggest drop in oil prices since the beginning of 2023
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Concerns about China's slow economic recovery and the strengthening of the US dollar are the main factors that caused oil prices to suddenly increase sharply this week, experiencing the first week of price decline in 8 weeks. Overall, Brent and WTI oil prices have both decreased by nearly 3% for the whole week.
Supply scarcity pushes oil prices higher
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In the trading session on August 19 (Vietnam time), oil prices increased by about 1% due to signs of decreasing US output.
Retaining the upward momentum, oil prices may exceed $90/barrel
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In the trading session on August 18 (Vietnam time), oil prices turned to increase in the context of a weakening USD and the People's Bank of China is looking to boost the economy and the real estate market.
extending the decline, oil prices fell to 83 USD/barrel
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In the trading session on August 17 (Vietnam time), oil prices continued to plummet despite a sharp decrease in US crude oil reserves.
Oil prices continue to fall after China lowers interest rates
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In the trading session on August 16 (Vietnam time), oil prices fell after China's information about cutting interest rates in the context of the economy still developing slowly.
Oil prices continue to plummet despite tight supply
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In the trading session on August 15 (Vietnam time), oil prices decreased due to concerns about the stagnant economic recovery of China - the world's second largest oil consumer and especially the surge of the USD.
Oil prices start the new week in red
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In the trading session on August 14 (Vietnam time), world oil prices decreased after increasing for the 7th consecutive week - the longest increase since 2022.
Information from OPEC and IEA pushes oil prices up
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In the last trading session of the week on August 12 (Vietnam time), oil prices turned slightly higher in the context of record-high global demand and tight supply in the coming time.
Concerns about another US interest rate increase, world oil prices decreased by more than 1 USD/barrel
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In the trading session on August 11 (Vietnam time), oil prices fell by more than 1 USD in the context of concerns about another US interest rate increase gradually decreasing after inflation data. Domestic gasoline prices are expected to increase by 300 - 1,400 VND/liter.
Supply concerns cause oil prices to hit new highs
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In the trading session on August 10 (Vietnam time), oil prices continued to increase after data showed that global oil inventories were at an 8-month low.
