Business
Securities become attractive again as interest rates cool down
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The stock market is expected to enter a sustainable long-term upward cycle.
World gold prices extend their rally
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Gold prices increased for the third consecutive week thanks to safe-haven sentiment, but the increase was still restrained by high inflation, geopolitical instability and the FED's interest rate outlook.
Gas prices today 12. 4: Gas prices in the North remain high
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Gas prices today in the North increased slightly, the common price ranged from 629,208–639,000 VND/12kg cylinder, differing by region and distribution system.
Gasoline and oil prices on February 12: Oil prices fall sharply
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Gasoline and oil prices on April 12: At the end of last week's trading session, world oil prices reversed to decrease.
Agribank interest rates today, deposit 600 million VND and get 78 million
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Vietnam Bank for Agriculture and Rural Development (Agribank) applies a savings interest rate framework for individuals from 0.2-6.5%/year.
Bank USD price and black market USD exchange rate at the end of session 12.10
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Foreign exchange rate today (October 12): Domestic black market USD price is 24,270 - 24,350 VND (buy - sell). World gold price is at 1669.70 - 1670.70 USD/ounce (buy - sell). Domestic SJC gold price is at 65.90 - 66.90 million VND/tael (buy - sell).
World oil prices continue to decrease
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In the trading session on October 12 (Vietnam time), the decline in oil prices continued to be supported by concerns about increased recession and reduced demand.
SCB interest rates continue to increase by 0.5% to nearly 9%
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SCB offers a coupon with an interest rate of 0.5% to customers participating in VND counter deposit products with a term of 6 months - 11 months.
USD exchange rate surpasses 24-year peak, gold price lacks momentum to break out
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Foreign exchange rate today (October 12): USD price increased to break a 24-year record against the Japanese Yen. SJC gold price increased by 100,000 VND/tael.
Bank interest rates today: Racing to increase interest rates
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Bank interest rates today 10/12: Update the highest savings interest rates at SCB, Agribank, Vietcombank... A series of banks have just increased interest rates to attract people's deposits.
Bank USD price and latest black market USD exchange rate today, October 12
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Foreign exchange rate today (October 12): Domestic black market USD price is 24,160 - 24,260 VND (buy - sell). World gold price is at 1,667.50 - 1,668.50 USD/ounce (buy - sell). Domestic SJC gold price is at 65.80 - 66.80 million VND/tael (buy - sell).
World oil prices decrease, domestic gasoline prices increase by nearly 2,000 VND/liter
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On October 11 (Vietnam time), world oil prices decreased after increasing for 5 consecutive sessions due to concerns about economic recession. Domestically, gasoline prices also increased by nearly 2,000 VND/liter.
Updated black market USD and bank USD exchange rate at the end of the session on October 11
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Foreign exchange rate today (October 11): Domestic black market USD price is 24,160 - 24,260 VND (buy - sell). World gold price is at 1,667.50 - 1,668.50 USD/ounce (buy - sell). Domestic SJC gold price is at 65.80 - 66.80 million VND/tael (buy - sell).
US stocks hit a 2-year low
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The US stock market was red in the first session of the week. The Nasdaq index officially hit a 2-year low due to increased pressure from technology stocks.
USD exchange rate increases, gold price drops by 500 thousand/tael
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Foreign exchange rate today (October 11): USD price on the free market increased. Gold prices continue to be under selling pressure, SJC gold prices decreased by 500,000 VND/tael.
Updated black market and foreign currency USD exchange rates at the latest 24 hours on October 11
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Foreign exchange rate today (October 11): Domestic black market USD price is 24,160 - 24,260 VND (buy - sell). World gold price is at 1,670.30 - 1,671.30 USD/ounce (buy - sell). Domestic SJC gold price is at 66.20 - 67.20 million VND/tael (buy - sell).
The increase in world oil prices slows down
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In the trading session on October 10 (Vietnam time), the increase in world oil prices slowed down, breaking the strong price increase streak last week.
The Minister of Finance talks about solutions to stabilize gasoline prices
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Currently, there are about 500 distribution enterprises and 36 petroleum import enterprises, but there is still a shortage of petroleum in the market. The hot question for Minister Ho Duc Phoc is "What solutions does the Ministry have to ensure stable gasoline prices?".
USD exchange rate skyrockets, gold prices drop sharply
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Foreign exchange rate today (October 10): USD price increases. Gold prices fell sharply after the US labor data was higher than expected.
World oil price's strongest increase week since March
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World oil prices have increased sharply for a week with Brent oil increasing by 11% and WTI oil climbing nearly 17%. Both types of oil recorded their strongest week of increase since March 2022.
