Business

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.

Gold prices gradually lose their appeal as the USD rises

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Gold prices fell nearly 2% and are heading for their third consecutive week of decline as the Fed maintains a tough stance and the USD rises sharply.

Prime Minister Le Minh Hung returns to Hanoi, successfully concluding his working trip to Russia

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In the late afternoon of June 18 local time, Politburo Member, Prime Minister Le Minh Hung and the high-level Vietnamese delegation boarded Vietjet commercial flight back to Hanoi, successfully concluding their working trip to attend the ASEAN - Russia 35th Anniversary Summit in Kazan, Russian Federation, at the invitation of President Vladimir Putin.

Vietlott lottery results today June 19: Mega 6/45 and Max 3D

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Vietlott lottery results of Mega 6/45 and Max 3D, Friday, June 19 have just been announced.

World oil prices decrease, domestic gasoline prices may decrease by 300 VND

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In the trading session on December 28 (Vietnam time), oil prices turned down in the context of large shipping companies resuming operations across the Red Sea. Domestically, gasoline prices are expected to increase and decrease in different directions this afternoon.

Oil prices surge, surpassing the $80/barrel mark

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In the trading session on December 27 (Vietnam time), oil prices increased again due to optimism about the possibility of the US Federal Reserve (Fed) cutting interest rates early next year.

Oil prices remain below $80/barrel

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In the trading session on December 26 (Vietnam time), oil prices stagnated but remained high due to concerns about disruption of transportation activities across the Red Sea.

Mixed oil prices in the first session of the week

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In the trading session on December 25 (Vietnam time), oil prices were in contrast to Brent oil, which increased slightly, and US WTI oil decreased slightly.

Oil prices increase by 3% for the second consecutive week

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Last week, oil prices fluctuated continuously in each trading session, affected by the factor of the Houthi forces attacking ships in the Red Sea and Angola declaring to leave OPEC.

Oil prices continue to decline after Indonesia's decision to leave OPEC

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At the trading session on December 23 (Vietnam time), oil prices fell after Angola - the second largest oil producing country in Africa - announced it would leave the Organization of the Petroleum Exporting Countries (OPEC).

Oil prices drop as US reserves increase sharply

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In the trading session on December 22 (Vietnam time), oil prices fell due to concerns about reduced demand after US crude oil reserves unexpectedly increased sharply.

World and domestic oil prices increase together

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In the trading session on December 21 (Vietnam time), oil prices continued to increase slightly in the context of investors worried about global trade disruptions and tensions in the Middle East after ship attacks in the Red Sea. Domestic gasoline prices are expected to increase by about 200-500 VND/liter (kg).

Maintaining the steep climb, oil prices approach the $80/barrel mark

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In the trading session on December 20 (Vietnam time), oil prices continued to increase due to concerns that global oil supply was interrupted by tensions in the Red Sea.

Intermittent supply pushes oil prices up steadily

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In the trading session on December 19 (Vietnam time), oil prices increased due to low exports from Russia and developments related to oil tankers in the Red Sea, raising concerns about supply disruption.

Oil prices improve in the new week

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In the first trading session of the week on December 18 (Vietnam time), oil prices maintained their upward momentum in the context of the IEA and OPEC having a more optimistic view of the demand outlook.

Oil prices continue to increase thanks to demand prospects

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In the trading session on December 16 (Vietnam time), oil prices continued to increase slightly thanks to a positive forecast for global oil demand and a weaker USD.

The prospect of improved demand pushes oil prices up

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In the trading session on December 15 (Vietnam time), oil prices increased after the US Federal Reserve (Fed) signaled lower borrowing costs for 2024.

World oil prices increase, domestic prices are expected to decrease

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In the trading session on December 14 (Vietnam time), oil prices increased due to concerns about the security situation in the Middle East affecting oil supply. Domestic gasoline prices are expected to be adjusted down by around 300-800 VND/liter (kg) this afternoon.

Concerns about supply surplus pushing oil prices down

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Concerns about the supply situation and weak growth in fuel demand next year have pushed oil prices down more than 3% in the trading session on December 13 (Vietnam time).