Business
Gold price update morning of June 20th: Prolonged decline
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Gold price update morning of June 20th: Continues to decrease in both domestic and world markets.
Cau Giay Ward completes site clearance for Ring Road 2.5 project ahead of schedule
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Cau Giay Ward completes 100% of site clearance for Ring Road 2.5 project section passing through Dich Vong New Urban Area.
Red-ripening cardamom season under the forest canopy in Son La
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Son La - The ripe cardamom season in the highlands of Son La both brings stable income and contributes to preserving forests, creating sustainable livelihoods for many households.
Goldman Sachs lowers gold price forecast for the end of 2026 to $4,900/ounce
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Goldman Sachs lowered its gold price forecast for the end of 2026 to $4,900/ounce as there are no longer expectations that the Fed will cut interest rates soon.
The State Treasury collects budget revenue of more than 1.42 million billion VND, reaching 56.3% of the year's estimate
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By June 15, 2026, state budget revenue reached 1,425.563 billion VND, equivalent to 56.36% of the year's estimate, of which domestic revenue accounted for more than 1.23 million billion VND.
Weak supply pushes oil prices up
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On November 11 (Vietnam time), oil prices increased after Iraq spoke in support of production cuts ahead of the OPEC+ meeting.
WTI oil and Brent oil prices below $80/barrel
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In the trading session on November 10 (Vietnam time), oil prices increased slightly due to signs of increased demand from China - the world's leading oil importer.
Oil prices hit a 3-month low
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Concerns about weak demand in the US and China have pushed oil prices down by more than 2% in the trading session on November 9 (Vietnam time).
Weak demand causes oil prices to drop sharply
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In the trading session on November 8 (Vietnam time), oil prices decreased by more than 4% after China's economic data, the strengthening of the USD and increased US oil inventories.
Oil prices are mixed as supply is forecast to be redundant in the first quarter of 2024
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In the trading session on November 7 (Vietnam time), oil prices increased and decreased in opposite directions after the world's leading oil exporters committed to voluntarily cut supply until the end of the year.
Saudi Arabia and Russia's decision to reduce production causes oil prices to increase
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In the trading session on November 6 (Vietnam time), oil prices turned to increase due to concerns about tightening supply after the decision to keep the cut output of Saudi Arabia and Russia unchanged.
Oil prices surge after Fed decision
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In the trading session on November 3 (Vietnam time), oil prices turned to increase due to the decision to keep the basic interest rate unchanged by the US Federal Reserve (Fed) and the Bank of England.
Oil prices continue to plummet as the USD increases
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In the trading session on November 2 (Vietnam time), oil prices continued to decrease in the context of the USD increasing in price and the FED deciding to keep interest rates unchanged.
World oil prices drop, domestic gasoline prices may increase for the 19th time
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In the trading session on October 31 (Vietnam time), oil prices continued to decrease in the context of investors becoming cautious before the Fed's meeting.
Oil prices stagnate, domestic gasoline prices may increase further
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In the trading session on October 30 (Vietnam time), world oil prices cooled down in the context of the conflict in the Middle East being controlled.
Oil prices will be at 95 USD/barrel in the first quarter of 2024
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At the end of the last trading session of the week on October 28 (Vietnam time), oil prices increased due to concerns about escalating tensions in the Middle East, affecting oil supply from this region.
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.
