Sanctioning 3 key petroleum traders for violating reserve regulations
In the inspection period from March 11-31, 2026, the Domestic Market Management and Development Department supervised 26 key petroleum traders, focusing on ensuring supply and maintaining the minimum circulating reserve level according to regulations.
Through inspection, functional agencies discovered and fined 3 businesses for not maintaining the required reserve level, each unit was fined 130 million VND. At the same time, 5 other businesses are being further verified for signs of violation, including a case suspected of hoarding goods.
Strengthening inspection and strictly handling violations is considered an important measure to tighten the discipline of the gasoline and oil market, ensure stable supply and contribute to maintaining national energy security. See more...
Gold prices cool down, people no longer queue to buy
On April 19, gold prices fell sharply from 400,000 - 900,000 VND/tael compared to the previous week, and the trading atmosphere on gold business streets in Hanoi also cooled down significantly. The number of customers coming to gold shops decreased, there was no longer crowded queuing, waiting time for transactions was significantly shortened, and trading activities took place more smoothly.
However, the demand for buying gold still remains, mainly focusing on plain round gold rings. Many people take advantage of the time when prices decrease to buy or receive pre-ordered gold, with a waiting time of only about 30 minutes, creating a more convenient feeling compared to the peak period.
In general, the gold market is shifting from a long queue image to more stable when prices adjust. This helps reduce transaction pressure, while creating opportunities for people to flexibly buy and sell according to demand without having to wait long. See more...
Transparency of food origins in people's markets using digital technology
Lao Cai reviews mineral reserves, handles manipulation of construction material prices
Lao Cai Provincial People's Committee requests departments, branches and localities to strengthen the management of construction material prices, and at the same time remove obstacles to accelerate the progress of key projects, especially transport projects. The announcement of material prices, labor and construction indexes must be timely and realistic to support businesses and investors.
Faced with pressure from sharply increasing material prices and the risk of supply shortages, the province directed to review mineral reserves, accelerate auctions of mining rights, and consider increasing the capacity of eligible mines to ensure material sources for construction. At the same time, strengthen inspection and market control, and strictly handle acts of speculation, hoarding, and price manipulation. See more...
